Annual growth of imports of goods and services in Solomon Islands
Solomon Islands: Annual growth of imports of goods and services was 14.2% in 2024. ◆ Volatile
Latest (2024)
14.2%
Change on year
down 52.9%
World rank
15th
of 176 countries
All-time high
52.2%
in 2010
All-time low
-37.0%
in 2020
Years of data
25
2000–2024
Annual growth of imports of goods and services in Solomon Islands, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Solomon Islands recorded 14.2% for annual growth of imports of goods and services in 2024.
The figure is down 52.9% on the previous year and up 773.0% over ten years.
Over the whole period, annual growth of imports of goods and services in Solomon Islands peaked at 52.2% in 2010 and was at its lowest, -37.0%, in 2020.
Solomon Islands ranks 15th of 176 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of imports of goods and services in Solomon Islands, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -23.1% | — |
| 2001 | -9.3% | -59.5% |
| 2002 | -9.4% | +0.6% |
| 2003 | 5.9% | -162.7% |
| 2004 | 30.7% | +420.7% |
| 2005 | 14.3% | -53.3% |
| 2006 | 25.0% | +74.7% |
| 2007 | 28.1% | +12.4% |
| 2008 | -7.3% | -125.9% |
| 2009 | -17.6% | +142.1% |
| 2010 | 52.2% | -396.8% |
| 2011 | -6.9% | -113.3% |
| 2012 | 2.0% | -128.9% |
| 2013 | 0.6% | -69.0% |
| 2014 | -2.1% | -440.3% |
| 2015 | 0.8% | -137.0% |
| 2016 | 4.1% | +428.2% |
| 2017 | -2.9% | -170.9% |
| 2018 | 18.3% | -726.4% |
| 2019 | 8.1% | -55.8% |
| 2020 | -37.0% | -558.5% |
| 2021 | 31.1% | -183.9% |
| 2022 | 17.9% | -42.3% |
| 2023 | 30.2% | +68.1% |
| 2024 | 14.2% | -52.9% |
Solomon Islands compared with similar countries
- Solomon Islands's 14.2% is above the median for lower middle income countries, which is 3.6%, 3.9× the median. (44 countries reporting)
- Solomon Islands's 14.2% is above the median for East Asia & Pacific, which is 6.3%, 2.3× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.7% | -23.1% | 30.7% | 10 |
| 2010s | 7.4% | -6.9% | 52.2% | 10 |
| 2020s | 11.3% | -37.0% | 31.1% | 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 imports of goods and services in Solomon Islands?
- Annual growth of imports of goods and services in Solomon Islands was 14.2% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual growth of imports of goods and services recorded in Solomon Islands?
- The highest recorded value was 52.2% in 2010.
- What is the lowest annual growth of imports of goods and services recorded in Solomon Islands?
- The lowest recorded value was -37.0% in 2020.
- How does Solomon Islands rank for annual growth of imports of goods and services?
- Solomon Islands ranks 15th out of 176 countries with data for 2024.
- Is annual growth of imports of goods and services rising or falling in Solomon Islands?
- Over the last ten years it is up 773.0%. 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 imports of goods and services. Statizoid updates them automatically from the source API.
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About this data
Annual growth of imports of goods and services (%).