Debt service as a share of exports of good and services in Solomon Islands
Solomon Islands: Debt service as a share of exports of good and services was 2.2% in 2023. ◆ Volatile
Debt service as a share of exports of good and services in Solomon Islands, 2000–2023
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Solomon Islands recorded 2.2% for debt service as a share of exports of good and services in 2023.
Compared with earlier readings it is up 47.0% on the previous year and up 69.8% over ten years.
Over the whole period, debt service as a share of exports of good and services in Solomon Islands peaked at 5.6% in 2003 and was at its lowest, 1.2%, in 2012.
Solomon Islands ranks 104th of 116 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service as a share of exports of good and services in Solomon Islands, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 2.8% | — |
| 2001 | 1.8% | -36.1% |
| 2002 | 2.8% | +58.7% |
| 2003 | 5.6% | +97.2% |
| 2004 | 3.8% | -32.1% |
| 2005 | 4.8% | +26.6% |
| 2006 | 2.4% | -51.1% |
| 2007 | 4.9% | +110.2% |
| 2008 | 5.4% | +9.3% |
| 2009 | 3.5% | -34.8% |
| 2010 | 3.1% | -11.9% |
| 2011 | 1.5% | -52.9% |
| 2012 | 1.2% | -15.1% |
| 2013 | 1.3% | +4.0% |
| 2014 | 1.5% | +18.6% |
| 2015 | 1.6% | +5.9% |
| 2016 | 1.9% | +18.5% |
| 2017 | 1.6% | -17.2% |
| 2018 | 1.3% | -18.2% |
| 2019 | 1.3% | +0.8% |
| 2020 | 1.4% | +3.1% |
| 2021 | 1.5% | +11.1% |
| 2022 | 1.5% | -0.7% |
| 2023 | 2.2% | +47.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.8% | 1.8% | 5.6% | 10 |
| 2010s | 1.6% | 1.2% | 3.1% | 10 |
| 2020s | 1.6% | 1.4% | 2.2% | 4 |
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 debt service as a share of exports of good and services in Solomon Islands?
- Debt service as a share of exports of good and services in Solomon Islands was 2.2% in 2023, according to World Bank – processed by Our World in Data.
- What is the highest debt service as a share of exports of good and services recorded in Solomon Islands?
- The highest recorded value was 5.6% in 2003.
- What is the lowest debt service as a share of exports of good and services recorded in Solomon Islands?
- The lowest recorded value was 1.2% in 2012.
- How does Solomon Islands rank for debt service as a share of exports of good and services?
- Solomon Islands ranks 104th out of 116 countries with data for 2023.
- Is debt service as a share of exports of good and services rising or falling in Solomon Islands?
- Over the last ten years it is up 69.8%. 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 Debt service as a share of exports of good and services. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Debt service as a proportion of exports of goods, services and primary income (%).