Exports of goods and services in Solomon Islands
Solomon Islands: Exports of goods and services was 40.6% in 2024. ▼ Falling
Exports of goods and services in Solomon Islands, 1980–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
In 2024, exports of goods and services in Solomon Islands stood at 40.6%.
The figure is up 11.9% on the previous year and down 4.2% over ten years.
Over the whole period, exports of goods and services in Solomon Islands peaked at 62.3% in 1988 and was at its lowest, 17.5%, in 2001.
Solomon Islands ranks 85th of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 45 years of available data.
Exports of goods and services in Solomon Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 47.5% | — |
| 1981 | 47.5% | +0.0% |
| 1982 | 47.5% | +0.1% |
| 1983 | 47.6% | +0.1% |
| 1984 | 55.8% | +17.3% |
| 1985 | 47.7% | -14.4% |
| 1986 | 58.7% | +23.0% |
| 1987 | 57.3% | -2.5% |
| 1988 | 62.3% | +8.8% |
| 1989 | 62.0% | -0.4% |
| 1990 | 46.4% | -25.3% |
| 1991 | 52.8% | +13.8% |
| 1992 | 53.6% | +1.5% |
| 1993 | 58.9% | +10.0% |
| 1994 | 49.6% | -15.8% |
| 1995 | 45.0% | -9.3% |
| 1996 | 45.1% | +0.2% |
| 1997 | 45.3% | +0.4% |
| 1998 | 40.5% | -10.6% |
| 1999 | 36.5% | -10.0% |
| 2000 | 27.1% | -25.7% |
| 2001 | 17.5% | -35.3% |
| 2002 | 21.5% | +22.7% |
| 2003 | 22.0% | +2.2% |
| 2004 | 24.9% | +13.1% |
| 2005 | 27.3% | +9.7% |
| 2006 | 27.1% | -0.9% |
| 2007 | 32.1% | +18.8% |
| 2008 | 34.7% | +8.0% |
| 2009 | 29.2% | -16.1% |
| 2010 | 35.2% | +20.6% |
| 2011 | 50.2% | +42.7% |
| 2012 | 49.9% | -0.5% |
| 2013 | 45.9% | -8.0% |
| 2014 | 42.3% | -7.8% |
| 2015 | 40.4% | -4.7% |
| 2016 | 39.7% | -1.6% |
| 2017 | 38.7% | -2.6% |
| 2018 | 42.1% | +8.9% |
| 2019 | 36.5% | -13.4% |
| 2020 | 27.9% | -23.4% |
| 2021 | 26.6% | -5.0% |
| 2022 | 28.1% | +5.9% |
| 2023 | 36.3% | +28.9% |
| 2024 | 40.6% | +11.9% |
Solomon Islands compared with similar countries
- Solomon Islands's 40.6% is above the median for lower middle income countries, which is 24.6%, 1.7× the median. (45 countries reporting)
- Solomon Islands's 40.6% is above the median for East Asia & Pacific, which is 33.0%, 1.2× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 53.4% | 47.5% | 62.3% | 10 |
| 1990s | 47.4% | 36.5% | 58.9% | 10 |
| 2000s | 26.3% | 17.5% | 34.7% | 10 |
| 2010s | 42.1% | 35.2% | 50.2% | 10 |
| 2020s | 31.9% | 26.6% | 40.6% | 5 |
Countries ranked near Solomon Islands
- 82 Mozambique 41.4% compare
- 83 Bosnia and Herzegovina 41.0% compare
- 84 Greenland 40.8% compare
- 86 Germany 40.4% compare
- 87 Iceland 40.1% compare
- 88 Montenegro 40.1% 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 exports of goods and services in Solomon Islands?
- Exports of goods and services in Solomon Islands was 40.6% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest exports of goods and services recorded in Solomon Islands?
- The highest recorded value was 62.3% in 1988.
- What is the lowest exports of goods and services recorded in Solomon Islands?
- The lowest recorded value was 17.5% in 2001.
- How does Solomon Islands rank for exports of goods and services?
- Solomon Islands ranks 85th out of 193 countries with data for 2024.
- Is exports of goods and services rising or falling in Solomon Islands?
- Over the last ten years it is down 4.2%. The long-run trend across the full record is falling.
- Where does this Solomon Islands data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Exports of goods and services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.