Changes in inventories in Solomon Islands
Solomon Islands: Changes in inventories was -27,511 current US$ in 2024. ◆ Volatile
Changes in inventories in Solomon Islands, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
In 2024, changes in inventories in Solomon Islands stood at -27,511 current US$.
The figure is up 99.3% on the previous year and up 99.8% over ten years.
Over the whole period, changes in inventories in Solomon Islands peaked at 36.62 million current US$ in 2019 and was at its lowest, -32.05 million current US$, in 2020.
Solomon Islands ranks 141st of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Changes in inventories in Solomon Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 1980 | -2.41 million current US$ | — |
| 1981 | -2.30 million current US$ | -4.6% |
| 1982 | -2.06 million current US$ | -10.4% |
| 1983 | -1.74 million current US$ | -15.5% |
| 1984 | -2.36 million current US$ | +35.3% |
| 1985 | -2.03 million current US$ | -14.0% |
| 1986 | -2.87 million current US$ | +41.7% |
| 1987 | -4.99 million current US$ | +73.9% |
| 1988 | -4.80 million current US$ | -3.8% |
| 1989 | -5.67 million current US$ | +18.1% |
| 1990 | -4.75 million current US$ | -16.3% |
| 1991 | -6.26 million current US$ | +32.0% |
| 1992 | -6.49 million current US$ | +3.6% |
| 1993 | -8.16 million current US$ | +25.7% |
| 1994 | -8.20 million current US$ | +0.6% |
| 1995 | -4.99 million current US$ | -39.2% |
| 1996 | -3.93 million current US$ | -21.4% |
| 2002 | -148,175 current US$ | -96.2% |
| 2012 | -16.44 million current US$ | +10994.7% |
| 2013 | -12.24 million current US$ | -25.5% |
| 2014 | -17.18 million current US$ | +40.3% |
| 2015 | -371,411 current US$ | -97.8% |
| 2016 | 18.20 million current US$ | -5000.9% |
| 2017 | 20.98 million current US$ | +15.3% |
| 2018 | 29.48 million current US$ | +40.5% |
| 2019 | 36.62 million current US$ | +24.2% |
| 2020 | -32.05 million current US$ | -187.5% |
| 2021 | -28.07 million current US$ | -12.4% |
| 2022 | -16.32 million current US$ | -41.8% |
| 2023 | -3.73 million current US$ | -77.2% |
| 2024 | -27,511 current US$ | -99.3% |
Solomon Islands compared with similar countries
- Solomon Islands's -27,511 current US$ is below the median for lower middle income countries, which is 17.39 million current US$. (43 countries reporting)
- Solomon Islands's -27,511 current US$ is below the median for East Asia & Pacific, which is 9.49 million current US$. (30 countries reporting)
Biggest year-on-year movements
Years where Changes in inventories in Solomon Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | -10994.7% | -148,175 current US$ | -16.44 million current US$ |
| 2016 | +5000.9% | -371,411 current US$ | 18.20 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -3.12 million current US$ | -5.67 million current US$ | -1.74 million current US$ | 10 |
| 1990s | -6.11 million current US$ | -8.20 million current US$ | -3.93 million current US$ | 7 |
| 2000s | -148,175 current US$ | -148,175 current US$ | -148,175 current US$ | 1 |
| 2010s | 7.38 million current US$ | -17.18 million current US$ | 36.62 million current US$ | 8 |
| 2020s | -16.04 million current US$ | -32.05 million current US$ | -27,511 current US$ | 5 |
Countries ranked near Solomon Islands
- 142 Palau -2.80 million current US$ compare
- 143 Marshall Islands -4.96 million current US$ compare
- 144 San Marino -6.08 million current US$ compare
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$), annual growth rate -0.3505 % change on previous year (2024)
Frequently asked questions
- What is changes in inventories in Solomon Islands?
- Changes in inventories in Solomon Islands was -27,511 current US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest changes in inventories recorded in Solomon Islands?
- The highest recorded value was 36.62 million current US$ in 2019.
- What is the lowest changes in inventories recorded in Solomon Islands?
- The lowest recorded value was -32.05 million current US$ in 2020.
- How does Solomon Islands rank for changes in inventories?
- Solomon Islands ranks 141st out of 186 countries with data for 2024.
- Is changes in inventories rising or falling in Solomon Islands?
- Over the last ten years it is up 99.8%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Changes in inventories (current US$). Statizoid updates them automatically from the source API.
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About this data
Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.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.