Imports of goods and services (current LCU), per unit of GDP in Solomon Islands
Solomon Islands: Imports of goods and services (current LCU), per unit of GDP was 5.98 current LCU per US$ of GDP in 2024. ▲ Rising
Imports of goods and services (current LCU), per unit of GDP in Solomon Islands, 1980–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, imports of goods and services (current lcu), per unit of gdp in Solomon Islands stood at 5.98 current LCU per US$ of GDP. That is the highest value across all 45 years on record.
The figure is up 10.1% on the previous year and up 58.7% over ten years.
Over the whole period, imports of goods and services (current lcu), per unit of gdp in Solomon Islands peaked at 5.98 current LCU per US$ of GDP in 2024 and was at its lowest, 0.7875 current LCU per US$ of GDP, in 1980.
Solomon Islands ranks 96th of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 45 years of available data.
Imports of goods and services (current LCU), per unit of GDP in Solomon Islands, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1980 | 0.7875 current LCU per US$ of GDP | — |
| 1981 | 0.8258 current LCU per US$ of GDP | +4.9% |
| 1982 | 0.9227 current LCU per US$ of GDP | +11.7% |
| 1983 | 1.09 current LCU per US$ of GDP | +18.4% |
| 1984 | 1.21 current LCU per US$ of GDP | +10.9% |
| 1985 | 1.41 current LCU per US$ of GDP | +16.2% |
| 1986 | 1.73 current LCU per US$ of GDP | +22.7% |
| 1987 | 2.02 current LCU per US$ of GDP | +16.8% |
| 1988 | 2.71 current LCU per US$ of GDP | +34.5% |
| 1989 | 3.01 current LCU per US$ of GDP | +11.0% |
| 1990 | 2.43 current LCU per US$ of GDP | -19.4% |
| 1991 | 3.13 current LCU per US$ of GDP | +29.0% |
| 1992 | 2.82 current LCU per US$ of GDP | -10.1% |
| 1993 | 3.27 current LCU per US$ of GDP | +16.0% |
| 1994 | 2.87 current LCU per US$ of GDP | -12.2% |
| 1995 | 2.36 current LCU per US$ of GDP | -17.9% |
| 1996 | 1.91 current LCU per US$ of GDP | -18.8% |
| 1997 | 2.07 current LCU per US$ of GDP | +8.0% |
| 1998 | 2.05 current LCU per US$ of GDP | -0.7% |
| 1999 | 1.58 current LCU per US$ of GDP | -22.9% |
| 2000 | 1.6 current LCU per US$ of GDP | +1.2% |
| 2001 | 1.46 current LCU per US$ of GDP | -9.1% |
| 2002 | 1.59 current LCU per US$ of GDP | +9.5% |
| 2003 | 2.55 current LCU per US$ of GDP | +60.0% |
| 2004 | 2.84 current LCU per US$ of GDP | +11.4% |
| 2005 | 2.96 current LCU per US$ of GDP | +4.2% |
| 2006 | 3.25 current LCU per US$ of GDP | +9.9% |
| 2007 | 3.95 current LCU per US$ of GDP | +21.4% |
| 2008 | 4.08 current LCU per US$ of GDP | +3.3% |
| 2009 | 3.44 current LCU per US$ of GDP | -15.6% |
| 2010 | 4.92 current LCU per US$ of GDP | +42.9% |
| 2011 | 4.36 current LCU per US$ of GDP | -11.3% |
| 2012 | 4.04 current LCU per US$ of GDP | -7.4% |
| 2013 | 3.92 current LCU per US$ of GDP | -3.0% |
| 2014 | 3.77 current LCU per US$ of GDP | -3.8% |
| 2015 | 3.79 current LCU per US$ of GDP | +0.4% |
| 2016 | 3.64 current LCU per US$ of GDP | -3.8% |
| 2017 | 3.43 current LCU per US$ of GDP | -5.8% |
| 2018 | 3.69 current LCU per US$ of GDP | +7.4% |
| 2019 | 3.8 current LCU per US$ of GDP | +3.1% |
| 2020 | 2.65 current LCU per US$ of GDP | -30.2% |
| 2021 | 3.28 current LCU per US$ of GDP | +23.8% |
| 2022 | 3.81 current LCU per US$ of GDP | +16.1% |
| 2023 | 5.43 current LCU per US$ of GDP | +42.7% |
| 2024 | 5.98 current LCU per US$ of GDP | +10.1% |
Solomon Islands compared with similar countries
- Solomon Islands's 5.98 current LCU per US$ of GDP is below the median for lower middle income countries, which is 20.96 current LCU per US$ of GDP, 29% of the median. (45 countries reporting)
- Solomon Islands's 5.98 current LCU per US$ of GDP is above the median for East Asia & Pacific, which is 1.88 current LCU per US$ of GDP, 3.2× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.57 current LCU per US$ of GDP | 0.7875 current LCU per US$ of GDP | 3.01 current LCU per US$ of GDP | 10 |
| 1990s | 2.45 current LCU per US$ of GDP | 1.58 current LCU per US$ of GDP | 3.27 current LCU per US$ of GDP | 10 |
| 2000s | 2.77 current LCU per US$ of GDP | 1.46 current LCU per US$ of GDP | 4.08 current LCU per US$ of GDP | 10 |
| 2010s | 3.94 current LCU per US$ of GDP | 3.43 current LCU per US$ of GDP | 4.92 current LCU per US$ of GDP | 10 |
| 2020s | 4.23 current LCU per US$ of GDP | 2.65 current LCU per US$ of GDP | 5.98 current LCU per US$ of GDP | 5 |
Countries ranked near Solomon Islands
- 93 Sao Tome and Principe 7.22 current LCU per US$ of GDP compare
- 94 Zambia 7.21 current LCU per US$ of GDP compare
- 95 Sierra Leone 6.39 current LCU per US$ of GDP compare
- 97 South Africa 5.28 current LCU per US$ of GDP compare
- 98 Tajikistan 5.17 current LCU per US$ of GDP compare
- 99 Botswana 5.06 current LCU 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$), annual growth rate -0.3505 % change on previous year (2024)
Frequently asked questions
- What is imports of goods and services (current lcu), per unit of gdp in Solomon Islands?
- Imports of goods and services (current lcu), per unit of gdp in Solomon Islands was 5.98 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest imports of goods and services (current lcu), per unit of gdp recorded in Solomon Islands?
- The highest recorded value was 5.98 current LCU per US$ of GDP in 2024.
- What is the lowest imports of goods and services (current lcu), per unit of gdp recorded in Solomon Islands?
- The lowest recorded value was 0.7875 current LCU per US$ of GDP in 1980.
- How does Solomon Islands rank for imports of goods and services (current lcu), per unit of gdp?
- Solomon Islands ranks 96th out of 193 countries with data for 2024.
- Is imports of goods and services (current lcu), per unit of gdp rising or falling in Solomon Islands?
- Over the last ten years it is up 58.7%. The long-run trend across the full record is rising.
- Where does this Solomon Islands data come from?
- The figures come from Statizoid (derived), published as part of Imports of goods and services (current LCU), 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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Imports of goods and services Country official statistics, National Statistical Offices (NSOs)
- 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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.