Micronesia (country) vs Solomon Islands: Services, value added
Services, value added over time
- Micronesia (country)
- Solomon Islands
How they compare
Solomon Islands currently reports 743.21 million current US$ against 327.49 million current US$ in Micronesia (country), a difference of 415.72 million current US$.
That makes Solomon Islands's figure about 2.3 times Micronesia (country)'s.
Across all 22 years both countries report, Solomon Islands has been ahead every year.
Micronesia (country) ranks 198th and Solomon Islands ranks 195th of 203 countries.
Solomon Islands has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Micronesia (country) | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 161.49 million current US$ | 281.39 million current US$ | 119.91 million current US$ | Solomon Islands |
| 2010s | 205.03 million current US$ | 643.12 million current US$ | 438.10 million current US$ | Solomon Islands |
| 2020s | 284.91 million current US$ | 732.87 million current US$ | 447.96 million current US$ | Solomon Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher services, value added, Micronesia (country) or Solomon Islands?
- Solomon Islands, at 743.21 million current US$ against 327.49 million current US$ in Micronesia (country) as of 2024.
- What is the difference in services, value added between Micronesia (country) and Solomon Islands?
- 415.72 million current US$, with Solomon Islands ahead.
- How many years of comparable data are there for Micronesia (country) and Solomon Islands?
- 22 years are reported by both, from 2003 to 2024.
- How do Micronesia (country) and Solomon Islands rank globally for services, value added?
- Micronesia (country) ranks 198th and Solomon Islands ranks 195th of 203 countries.
- Where does this data come from?
- Country official statistics, National Statistical Offices (NSOs), published as Services, value added (current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and restaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.