Annual growth of exports of goods and services in Solomon Islands
Solomon Islands: Annual growth of exports of goods and services was 7.8% in 2024. ◆ Volatile
Annual growth of exports of goods and services in Solomon Islands, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
In 2024, annual growth of exports of goods and services in Solomon Islands stood at 7.8%.
Compared with earlier readings it is down 66.8% on the previous year and up 169.2% over ten years.
Over the whole period, annual growth of exports of goods and services in Solomon Islands peaked at 32.7% in 2010 and was at its lowest, -31.5%, in 2001.
Solomon Islands ranks 49th of 176 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of exports of goods and services in Solomon Islands, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -25.7% | — |
| 2001 | -31.5% | +22.6% |
| 2002 | 18.5% | -158.7% |
| 2003 | 31.7% | +71.3% |
| 2004 | 5.9% | -81.3% |
| 2005 | 9.3% | +57.0% |
| 2006 | 1.6% | -82.7% |
| 2007 | 16.3% | +911.2% |
| 2008 | 10.3% | -36.7% |
| 2009 | -17.8% | -272.5% |
| 2010 | 32.7% | -284.1% |
| 2011 | 32.1% | -2.0% |
| 2012 | 14.0% | -56.4% |
| 2013 | -5.2% | -137.0% |
| 2014 | -11.3% | +118.8% |
| 2015 | -6.5% | -42.8% |
| 2016 | 10.7% | -265.4% |
| 2017 | 5.2% | -51.8% |
| 2018 | 6.2% | +20.5% |
| 2019 | -2.8% | -145.7% |
| 2020 | -21.9% | +669.4% |
| 2021 | -1.2% | -94.4% |
| 2022 | -1.9% | +53.7% |
| 2023 | 23.6% | -1349.2% |
| 2024 | 7.8% | -66.8% |
Solomon Islands compared with similar countries
- Solomon Islands's 7.8% is above the median for lower middle income countries, which is 2.7%, 2.9× the median. (44 countries reporting)
- Solomon Islands's 7.8% is above the median for East Asia & Pacific, which is 6.8%, 1.1× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Annual growth of exports of goods and services in Solomon Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +1349.2% | -1.9% | 23.6% |
| 2007 | +911.2% | 1.6% | 16.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.9% | -31.5% | 31.7% | 10 |
| 2010s | 7.5% | -11.3% | 32.7% | 10 |
| 2020s | 1.3% | -21.9% | 23.6% | 5 |
Countries ranked near Solomon Islands
More economy & growth data for Solomon Islands
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9064 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.96 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 52.88 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0334 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 64.55 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 32.97 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -58.21 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0208 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 40.24 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -0.3505 % change on previous year (2024)
Frequently asked questions
- What is annual growth of exports of goods and services in Solomon Islands?
- Annual growth of exports of goods and services in Solomon Islands was 7.8% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of exports of goods and services recorded in Solomon Islands?
- The highest recorded value was 32.7% in 2010.
- What is the lowest annual growth of exports of goods and services recorded in Solomon Islands?
- The lowest recorded value was -31.5% in 2001.
- How does Solomon Islands rank for annual growth of exports of goods and services?
- Solomon Islands ranks 49th out of 176 countries with data for 2024.
- Is annual growth of exports of goods and services rising or falling in Solomon Islands?
- Over the last ten years it is up 169.2%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual growth of exports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of exports of goods and services (%).