Imports of goods and services (BoP, current US$), per unit of GDP in Solomon Islands
Solomon Islands: Imports of goods and services (BoP, current US$), per unit of GDP was 0.5411 BoP, current US$ per US$ of GDP in 2024. ▼ Falling
Latest (2024)
0.5411 BoP, current US$ per US$ of GDP
Change on year
down 7.8%
World rank
70th
of 199 countries
All-time high
0.9807 BoP, current US$ per US$ of GDP
in 1989
All-time low
0.3399 BoP, current US$ per US$ of GDP
in 2002
Years of data
50
1975–2024
Imports of goods and services (BoP, current US$), per unit of GDP in Solomon Islands, 1975–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2024, imports of goods and services (bop, current us$), per unit of gdp in Solomon Islands stood at 0.5411 BoP, current US$ per US$ of GDP.
Compared with earlier readings it is down 7.8% on the previous year and up 5.7% over ten years.
Over the whole period, imports of goods and services (bop, current us$), per unit of gdp in Solomon Islands peaked at 0.9807 BoP, current US$ per US$ of GDP in 1989 and was at its lowest, 0.3399 BoP, current US$ per US$ of GDP, in 2002.
Solomon Islands ranks 70th of 199 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 50 years of available data.
Imports of goods and services (BoP, current US$), per unit of GDP in Solomon Islands, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1975 | 0.514 BoP, current US$ per US$ of GDP | — |
| 1976 | 0.4191 BoP, current US$ per US$ of GDP | -18.5% |
| 1977 | 0.4214 BoP, current US$ per US$ of GDP | +0.6% |
| 1978 | 0.4753 BoP, current US$ per US$ of GDP | +12.8% |
| 1979 | 0.5237 BoP, current US$ per US$ of GDP | +10.2% |
| 1980 | 0.5582 BoP, current US$ per US$ of GDP | +6.6% |
| 1981 | 0.586 BoP, current US$ per US$ of GDP | +5.0% |
| 1982 | 0.4981 BoP, current US$ per US$ of GDP | -15.0% |
| 1983 | 0.5275 BoP, current US$ per US$ of GDP | +5.9% |
| 1984 | 0.585 BoP, current US$ per US$ of GDP | +10.9% |
| 1985 | 0.6948 BoP, current US$ per US$ of GDP | +18.8% |
| 1986 | 0.7947 BoP, current US$ per US$ of GDP | +14.4% |
| 1987 | 0.7687 BoP, current US$ per US$ of GDP | -3.3% |
| 1988 | 0.968 BoP, current US$ per US$ of GDP | +25.9% |
| 1989 | 0.9807 BoP, current US$ per US$ of GDP | +1.3% |
| 1990 | 0.7262 BoP, current US$ per US$ of GDP | -26.0% |
| 1991 | 0.7921 BoP, current US$ per US$ of GDP | +9.1% |
| 1992 | 0.615 BoP, current US$ per US$ of GDP | -22.4% |
| 1993 | 0.7234 BoP, current US$ per US$ of GDP | +17.6% |
| 1994 | 0.616 BoP, current US$ per US$ of GDP | -14.8% |
| 1995 | 0.493 BoP, current US$ per US$ of GDP | -20.0% |
| 1996 | 0.4622 BoP, current US$ per US$ of GDP | -6.2% |
| 1997 | 0.554 BoP, current US$ per US$ of GDP | +19.9% |
| 1998 | 0.4686 BoP, current US$ per US$ of GDP | -15.4% |
| 1999 | 0.4048 BoP, current US$ per US$ of GDP | -13.6% |
| 2000 | 0.3928 BoP, current US$ per US$ of GDP | -2.9% |
| 2001 | 0.4067 BoP, current US$ per US$ of GDP | +3.5% |
| 2002 | 0.3399 BoP, current US$ per US$ of GDP | -16.4% |
| 2003 | 0.3732 BoP, current US$ per US$ of GDP | +9.8% |
| 2004 | 0.3477 BoP, current US$ per US$ of GDP | -6.8% |
| 2005 | 0.4396 BoP, current US$ per US$ of GDP | +26.5% |
| 2006 | 0.4267 BoP, current US$ per US$ of GDP | -2.9% |
| 2007 | 0.5146 BoP, current US$ per US$ of GDP | +20.6% |
| 2008 | 0.5059 BoP, current US$ per US$ of GDP | -1.7% |
| 2009 | 0.4271 BoP, current US$ per US$ of GDP | -15.6% |
| 2010 | 0.61 BoP, current US$ per US$ of GDP | +42.8% |
| 2011 | 0.5734 BoP, current US$ per US$ of GDP | -6.0% |
| 2012 | 0.5378 BoP, current US$ per US$ of GDP | -6.2% |
| 2013 | 0.5541 BoP, current US$ per US$ of GDP | +3.0% |
| 2014 | 0.5119 BoP, current US$ per US$ of GDP | -7.6% |
| 2015 | 0.4743 BoP, current US$ per US$ of GDP | -7.4% |
| 2016 | 0.4542 BoP, current US$ per US$ of GDP | -4.2% |
| 2017 | 0.462 BoP, current US$ per US$ of GDP | +1.7% |
| 2018 | 0.4632 BoP, current US$ per US$ of GDP | +0.2% |
| 2019 | 0.465 BoP, current US$ per US$ of GDP | +0.4% |
| 2020 | 0.3621 BoP, current US$ per US$ of GDP | -22.1% |
| 2021 | 0.3975 BoP, current US$ per US$ of GDP | +9.8% |
| 2022 | 0.5213 BoP, current US$ per US$ of GDP | +31.1% |
| 2023 | 0.5867 BoP, current US$ per US$ of GDP | +12.5% |
| 2024 | 0.5411 BoP, current US$ per US$ of GDP | -7.8% |
Solomon Islands compared with similar countries
- Solomon Islands's 0.5411 BoP, current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.3549 BoP, current US$ per US$ of GDP, 1.5× the median. (47 countries reporting)
- Solomon Islands's 0.5411 BoP, current US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.6017 BoP, current US$ per US$ of GDP, 90% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.4707 BoP, current US$ per US$ of GDP | 0.4191 BoP, current US$ per US$ of GDP | 0.5237 BoP, current US$ per US$ of GDP | 5 |
| 1980s | 0.6962 BoP, current US$ per US$ of GDP | 0.4981 BoP, current US$ per US$ of GDP | 0.9807 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.5855 BoP, current US$ per US$ of GDP | 0.4048 BoP, current US$ per US$ of GDP | 0.7921 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.4174 BoP, current US$ per US$ of GDP | 0.3399 BoP, current US$ per US$ of GDP | 0.5146 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.5106 BoP, current US$ per US$ of GDP | 0.4542 BoP, current US$ per US$ of GDP | 0.61 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.4818 BoP, current US$ per US$ of GDP | 0.3621 BoP, current US$ per US$ of GDP | 0.5867 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Solomon Islands
- 67 Armenia 0.5553 BoP, current US$ per US$ of GDP compare
- 68 Croatia 0.5475 BoP, current US$ per US$ of GDP compare
- 69 Bosnia and Herzegovina 0.5426 BoP, current US$ per US$ of GDP compare
- 71 Eswatini 0.5378 BoP, current US$ per US$ of GDP compare
- 72 Palestine 0.5374 BoP, current US$ per US$ of GDP compare
- 73 Faroe Islands 0.5361 BoP, current US$ per US$ of GDP 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$), annual growth rate -0.3505 % change on previous year (2024)
Frequently asked questions
- What is imports of goods and services (bop, current us$), per unit of gdp in Solomon Islands?
- Imports of goods and services (bop, current us$), per unit of gdp in Solomon Islands was 0.5411 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest imports of goods and services (bop, current us$), per unit of gdp recorded in Solomon Islands?
- The highest recorded value was 0.9807 BoP, current US$ per US$ of GDP in 1989.
- What is the lowest imports of goods and services (bop, current us$), per unit of gdp recorded in Solomon Islands?
- The lowest recorded value was 0.3399 BoP, current US$ per US$ of GDP in 2002.
- How does Solomon Islands rank for imports of goods and services (bop, current us$), per unit of gdp?
- Solomon Islands ranks 70th out of 199 countries with data for 2024.
- Is imports of goods and services (bop, current us$), per unit of gdp rising or falling in Solomon Islands?
- Over the last ten years it is up 5.7%. The long-run trend across the full record is falling.
- Where does this Solomon Islands data come from?
- The figures come from Statizoid (derived), published as part of Imports of goods and services (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (BoP, current US$) ÷ GDP (current US$)
Computed from
- Imports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.