Imports of goods and services in Solomon Islands
Solomon Islands: Imports of goods and services was 70.8% in 2024. ▼ Falling
Imports of goods and services in Solomon Islands, 1980–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
Solomon Islands recorded 70.8% for imports of goods and services in 2024.
That represents a change of up 9.1% on the previous year and up 38.5% over ten years.
Over the whole period, imports of goods and services in Solomon Islands peaked at 131.4% in 1989 and was at its lowest, 23.6%, in 2002.
Solomon Islands ranks 37th of 193 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 45 years of available data.
Imports of goods and services in Solomon Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 94.9% | — |
| 1981 | 94.9% | +0.0% |
| 1982 | 95.0% | +0.1% |
| 1983 | 95.1% | +0.1% |
| 1984 | 95.1% | +0.0% |
| 1985 | 95.1% | -0.1% |
| 1986 | 99.2% | +4.3% |
| 1987 | 100.7% | +1.5% |
| 1988 | 130.3% | +29.4% |
| 1989 | 131.4% | +0.8% |
| 1990 | 96.1% | -26.9% |
| 1991 | 115.4% | +20.2% |
| 1992 | 96.2% | -16.6% |
| 1993 | 102.5% | +6.6% |
| 1994 | 87.2% | -15.0% |
| 1995 | 69.2% | -20.7% |
| 1996 | 53.7% | -22.4% |
| 1997 | 55.6% | +3.6% |
| 1998 | 42.6% | -23.3% |
| 1999 | 32.7% | -23.3% |
| 2000 | 31.5% | -3.8% |
| 2001 | 27.6% | -12.3% |
| 2002 | 23.6% | -14.4% |
| 2003 | 34.0% | +43.8% |
| 2004 | 37.9% | +11.7% |
| 2005 | 39.3% | +3.5% |
| 2006 | 42.7% | +8.8% |
| 2007 | 51.6% | +20.8% |
| 2008 | 52.6% | +2.0% |
| 2009 | 42.7% | -18.8% |
| 2010 | 61.0% | +42.8% |
| 2011 | 57.1% | -6.4% |
| 2012 | 54.9% | -3.8% |
| 2013 | 53.7% | -2.3% |
| 2014 | 51.1% | -4.8% |
| 2015 | 47.8% | -6.4% |
| 2016 | 45.8% | -4.2% |
| 2017 | 43.5% | -5.0% |
| 2018 | 46.4% | +6.5% |
| 2019 | 46.5% | +0.3% |
| 2020 | 32.3% | -30.6% |
| 2021 | 40.9% | +26.6% |
| 2022 | 46.7% | +14.3% |
| 2023 | 64.9% | +38.9% |
| 2024 | 70.8% | +9.1% |
Solomon Islands compared with similar countries
- Solomon Islands's 70.8% is above the median for lower middle income countries, which is 41.9%, 1.7× the median. (45 countries reporting)
- Solomon Islands's 70.8% is above the median for East Asia & Pacific, which is 63.3%, 1.1× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 103.2% | 94.9% | 131.4% | 10 |
| 1990s | 75.1% | 32.7% | 115.4% | 10 |
| 2000s | 38.3% | 23.6% | 52.6% | 10 |
| 2010s | 50.8% | 43.5% | 61.0% | 10 |
| 2020s | 51.1% | 32.3% | 70.8% | 5 |
Countries ranked near Solomon Islands
- 34 Palau 73.1% compare
- 35 Micronesia, Federated States of 70.9% compare
- 36 Northern Mariana Islands 70.9% compare
- 38 Bahrain 70.0% compare
- 39 Netherlands 69.5% compare
- 40 Lithuania 69.1% 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 imports of goods and services in Solomon Islands?
- Imports of goods and services in Solomon Islands was 70.8% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest imports of goods and services recorded in Solomon Islands?
- The highest recorded value was 131.4% in 1989.
- What is the lowest imports of goods and services recorded in Solomon Islands?
- The lowest recorded value was 23.6% in 2002.
- How does Solomon Islands rank for imports of goods and services?
- Solomon Islands ranks 37th out of 193 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 38.5%. 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 Imports of goods and services (% of GDP). 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 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.