External balance on goods and services (current LCU), annual growth in Solomon Islands
Solomon Islands: External balance on goods and services (current LCU), annual growth was -12.1 % change on previous year in 2024. ◆ Volatile
External balance on goods and services (current LCU), annual growth in Solomon Islands, 1981–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for external balance on goods and services (current lcu), annual growth in Solomon Islands is -12.1 % change on previous year, measured in 2024.
The figure is up 80.6% on the previous year and up 36.2% over ten years.
Over the whole period, external balance on goods and services (current lcu), annual growth in Solomon Islands peaked at 293.48 % change on previous year in 1999 and was at its lowest, -665.14 % change on previous year, in 2003.
Solomon Islands ranks 115th of 192 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.
External balance on goods and services (current LCU), annual growth in Solomon Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1981 | -11.11 % change on previous year | — |
| 1982 | -11.25 % change on previous year | +1.3% |
| 1983 | -11.24 % change on previous year | -0.1% |
| 1984 | 8.08 % change on previous year | -171.9% |
| 1985 | -27.47 % change on previous year | -440.0% |
| 1986 | 10.34 % change on previous year | -137.7% |
| 1987 | -29.81 % change on previous year | -388.1% |
| 1988 | -85.19 % change on previous year | +185.8% |
| 1989 | -10 % change on previous year | -88.3% |
| 1990 | 1.82 % change on previous year | -118.2% |
| 1991 | -43.33 % change on previous year | -2483.3% |
| 1992 | 13.18 % change on previous year | -130.4% |
| 1993 | -24.4 % change on previous year | -285.2% |
| 1994 | -19.14 % change on previous year | -21.6% |
| 1995 | 22.49 % change on previous year | -217.5% |
| 1996 | 59.84 % change on previous year | +166.1% |
| 1997 | -29.68 % change on previous year | -149.6% |
| 1998 | 77.11 % change on previous year | -359.8% |
| 1999 | 293.48 % change on previous year | +280.6% |
| 2000 | -204.49 % change on previous year | -169.7% |
| 2001 | -133.33 % change on previous year | -34.8% |
| 2002 | 77.42 % change on previous year | -158.1% |
| 2003 | -665.14 % change on previous year | -959.1% |
| 2004 | -21.93 % change on previous year | -96.7% |
| 2005 | -9.05 % change on previous year | -58.8% |
| 2006 | -47.58 % change on previous year | +426.1% |
| 2007 | -40.67 % change on previous year | -14.5% |
| 2008 | -3.98 % change on previous year | -90.2% |
| 2009 | 18.16 % change on previous year | -555.8% |
| 2010 | -112.57 % change on previous year | -719.7% |
| 2011 | 69.84 % change on previous year | -162.0% |
| 2012 | 22.77 % change on previous year | -67.4% |
| 2013 | -66.74 % change on previous year | -393.2% |
| 2014 | -18.97 % change on previous year | -71.6% |
| 2015 | 10.63 % change on previous year | -156.0% |
| 2016 | 13.58 % change on previous year | +27.8% |
| 2017 | 16.02 % change on previous year | +17.9% |
| 2018 | 2.85 % change on previous year | -82.2% |
| 2019 | -142.94 % change on previous year | -5111.7% |
| 2020 | 58.61 % change on previous year | -141.0% |
| 2021 | -226.74 % change on previous year | -486.9% |
| 2022 | -24.06 % change on previous year | -89.4% |
| 2023 | -62.5 % change on previous year | +159.7% |
| 2024 | -12.1 % change on previous year | -80.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -18.63 % change on previous year | -85.19 % change on previous year | 10.34 % change on previous year | 9 |
| 1990s | 35.14 % change on previous year | -43.33 % change on previous year | 293.48 % change on previous year | 10 |
| 2000s | -103.06 % change on previous year | -665.14 % change on previous year | 77.42 % change on previous year | 10 |
| 2010s | -20.55 % change on previous year | -142.94 % change on previous year | 69.84 % change on previous year | 10 |
| 2020s | -53.36 % change on previous year | -226.74 % change on previous year | 58.61 % change on previous year | 5 |
Countries ranked near Solomon Islands
- 112 Uzbekistan -11.54 % change on previous year compare
- 113 Benin -11.7 % change on previous year compare
- 114 Guam -11.73 % change on previous year compare
- 116 Palestine, State of -12.12 % change on previous year compare
- 117 Kuwait -12.18 % change on previous year compare
- 118 Belarus -13.28 % change on previous year 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)
- Imports of goods and services (constant 2015 US$), annual growth rate 14.2 % change on previous year (2024)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.7383 constant 2015 US$ per US$ of GDP (2024)
- Imports of goods and services (constant 2015 US$), per capita 1,428 constant 2015 US$ per person (2024)
- External balance on goods and services (current US$), annual growth -11.05 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual 3.38 % change on previous year (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 2.51 current LCU per US$ of GDP (2024)
- Agriculture, forestry, and fishing, value added (current LCU), per 4,860 current LCU per person (2024)
- Agriculture, forestry, and fishing, value added (constant 2015 US$) 1.77 % change on previous year (2024)
Frequently asked questions
- What is external balance on goods and services (current lcu), annual growth in Solomon Islands?
- External balance on goods and services (current lcu), annual growth in Solomon Islands was -12.1 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest external balance on goods and services (current lcu), annual growth recorded in Solomon Islands?
- The highest recorded value was 293.48 % change on previous year in 1999.
- What is the lowest external balance on goods and services (current lcu), annual growth recorded in Solomon Islands?
- The lowest recorded value was -665.14 % change on previous year in 2003.
- How does Solomon Islands rank for external balance on goods and services (current lcu), annual growth?
- Solomon Islands ranks 115th out of 192 countries with data for 2024.
- Is external balance on goods and services (current lcu), annual growth rising or falling in Solomon Islands?
- Over the last ten years it is up 36.2%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Statizoid (derived), published as part of External balance on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- External balance on goods and services Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.