Imports of goods and services in Solomon Islands
Solomon Islands: Imports of goods and services was 857.13 million BoP, current US$ in 2024. ◆ Volatile
Imports of goods and services in Solomon Islands, 1975–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for imports of goods and services in Solomon Islands is 857.13 million BoP, current US$, measured in 2024.
Compared with earlier readings it is down 3.0% on the previous year and up 25.4% over ten years.
Over the whole period, imports of goods and services in Solomon Islands peaked at 883.61 million BoP, current US$ in 2023 and was at its lowest, 34.83 million BoP, current US$, in 1976.
Solomon Islands ranks 180th of 200 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Imports of goods and services in Solomon Islands, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1975 | 38.36 million BoP, current US$ | — |
| 1976 | 34.83 million BoP, current US$ | -9.2% |
| 1977 | 39.25 million BoP, current US$ | +12.7% |
| 1978 | 52.77 million BoP, current US$ | +34.4% |
| 1979 | 79.22 million BoP, current US$ | +50.1% |
| 1980 | 102.07 million BoP, current US$ | +28.8% |
| 1981 | 113.54 million BoP, current US$ | +11.2% |
| 1982 | 96.08 million BoP, current US$ | -15.4% |
| 1983 | 95.60 million BoP, current US$ | -0.5% |
| 1984 | 106.22 million BoP, current US$ | +11.1% |
| 1985 | 115.01 million BoP, current US$ | +8.3% |
| 1986 | 117.31 million BoP, current US$ | +2.0% |
| 1987 | 119.25 million BoP, current US$ | +1.7% |
| 1988 | 170.85 million BoP, current US$ | +43.3% |
| 1989 | 169.54 million BoP, current US$ | -0.8% |
| 1990 | 156.04 million BoP, current US$ | -8.0% |
| 1991 | 180.24 million BoP, current US$ | +15.5% |
| 1992 | 165.47 million BoP, current US$ | -8.2% |
| 1993 | 217.55 million BoP, current US$ | +31.5% |
| 1994 | 248.16 million BoP, current US$ | +14.1% |
| 1995 | 231.45 million BoP, current US$ | -6.7% |
| 1996 | 236.01 million BoP, current US$ | +2.0% |
| 1997 | 291.72 million BoP, current US$ | +23.6% |
| 1998 | 214.43 million BoP, current US$ | -26.5% |
| 1999 | 197.53 million BoP, current US$ | -7.9% |
| 2000 | 164.93 million BoP, current US$ | -16.5% |
| 2001 | 166.54 million BoP, current US$ | +1.0% |
| 2002 | 117.74 million BoP, current US$ | -29.3% |
| 2003 | 155.85 million BoP, current US$ | +32.4% |
| 2004 | 162.71 million BoP, current US$ | +4.4% |
| 2005 | 243.07 million BoP, current US$ | +49.4% |
| 2006 | 263.40 million BoP, current US$ | +8.4% |
| 2007 | 357.78 million BoP, current US$ | +35.8% |
| 2008 | 392.77 million BoP, current US$ | +9.8% |
| 2009 | 344.03 million BoP, current US$ | -12.4% |
| 2010 | 547.87 million BoP, current US$ | +59.3% |
| 2011 | 610.09 million BoP, current US$ | +11.4% |
| 2012 | 637.42 million BoP, current US$ | +4.5% |
| 2013 | 712.54 million BoP, current US$ | +11.8% |
| 2014 | 683.71 million BoP, current US$ | -4.0% |
| 2015 | 620.30 million BoP, current US$ | -9.3% |
| 2016 | 626.62 million BoP, current US$ | +1.0% |
| 2017 | 679.10 million BoP, current US$ | +8.4% |
| 2018 | 748.21 million BoP, current US$ | +10.2% |
| 2019 | 752.91 million BoP, current US$ | +0.6% |
| 2020 | 556.26 million BoP, current US$ | -26.1% |
| 2021 | 619.46 million BoP, current US$ | +11.4% |
| 2022 | 764.64 million BoP, current US$ | +23.4% |
| 2023 | 883.61 million BoP, current US$ | +15.6% |
| 2024 | 857.13 million BoP, current US$ | -3.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 48.89 million BoP, current US$ | 34.83 million BoP, current US$ | 79.22 million BoP, current US$ | 5 |
| 1980s | 120.55 million BoP, current US$ | 95.60 million BoP, current US$ | 170.85 million BoP, current US$ | 10 |
| 1990s | 213.86 million BoP, current US$ | 156.04 million BoP, current US$ | 291.72 million BoP, current US$ | 10 |
| 2000s | 236.88 million BoP, current US$ | 117.74 million BoP, current US$ | 392.77 million BoP, current US$ | 10 |
| 2010s | 661.88 million BoP, current US$ | 547.87 million BoP, current US$ | 752.91 million BoP, current US$ | 10 |
| 2020s | 736.22 million BoP, current US$ | 556.26 million BoP, current US$ | 883.61 million BoP, current US$ | 5 |
Countries ranked near Solomon Islands
- 177 Faroe Islands 1.34 billion BoP, current US$ compare
- 178 Timor-Leste 1.32 billion BoP, current US$ compare
- 179 Grenada 1.01 billion BoP, current US$ compare
- 181 Saint Kitts and Nevis 706.72 million BoP, current US$ compare
- 182 Saint Vincent and the Grenadines 670.30 million BoP, current US$ compare
- 183 Guinea-Bissau 611.93 million BoP, 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)
- Gross capital formation (constant 2015 US$), annual growth rate 1.88 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2196 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 424.51 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate 14.75 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.7078 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 1,369 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate 15.83 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 5.98 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is imports of goods and services in Solomon Islands?
- Imports of goods and services in Solomon Islands was 857.13 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest imports of goods and services recorded in Solomon Islands?
- The highest recorded value was 883.61 million BoP, current US$ in 2023.
- What is the lowest imports of goods and services recorded in Solomon Islands?
- The lowest recorded value was 34.83 million BoP, current US$ in 1976.
- How does Solomon Islands rank for imports of goods and services?
- Solomon Islands ranks 180th out of 200 countries with data for 2024.
- Is imports of goods and services rising or falling in Solomon Islands?
- Over the last ten years it is up 25.4%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Imports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods includes change in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. Imports of services includes services provided by non-residents to residents. 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.