Merchandise trade as a proportion of GDP in Solomon Islands
Solomon Islands: Merchandise trade as a proportion of GDP was 78.7% in 2024. ▲ Rising
Latest (2024)
78.7%
Change on year
up 4.1%
World rank
55th
of 218 countries
All-time high
83.4%
in 2011
All-time low
33.5%
in 2001
Years of data
25
2000–2024
Merchandise trade as a proportion of GDP in Solomon Islands, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Solomon Islands recorded 78.7% for merchandise trade as a proportion of gdp in 2024.
Compared with earlier readings it is up 4.1% on the previous year and up 9.7% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Solomon Islands peaked at 83.4% in 2011 and was at its lowest, 33.5%, in 2001.
That places Solomon Islands 55th out of 218 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Merchandise trade as a proportion of GDP in Solomon Islands, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 38.3% | — |
| 2001 | 33.5% | -12.8% |
| 2002 | 36.1% | +7.9% |
| 2003 | 40.2% | +11.5% |
| 2004 | 46.6% | +15.8% |
| 2005 | 52.1% | +11.8% |
| 2006 | 54.8% | +5.1% |
| 2007 | 66.0% | +20.6% |
| 2008 | 69.3% | +5.0% |
| 2009 | 53.8% | -22.4% |
| 2010 | 69.9% | +30.1% |
| 2011 | 83.4% | +19.2% |
| 2012 | 83.2% | -0.2% |
| 2013 | 79.6% | -4.3% |
| 2014 | 71.7% | -9.9% |
| 2015 | 66.2% | -7.7% |
| 2016 | 64.6% | -2.5% |
| 2017 | 72.9% | +12.9% |
| 2018 | 72.4% | -0.7% |
| 2019 | 64.9% | -10.4% |
| 2020 | 54.2% | -16.6% |
| 2021 | 57.6% | +6.3% |
| 2022 | 65.0% | +12.9% |
| 2023 | 75.6% | +16.3% |
| 2024 | 78.7% | +4.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 49.1% | 33.5% | 69.3% | 10 |
| 2010s | 72.9% | 64.6% | 83.4% | 10 |
| 2020s | 66.2% | 54.2% | 78.7% | 5 |
Countries ranked near Solomon Islands
- 52 Austria 79.6% compare
- 53 Democratic Republic of the Congo 79.6% compare
- 54 Micronesia 79.5% compare
- 56 Honduras 77.7% compare
- 57 Croatia 77.2% compare
- 58 Mozambique 76.6% 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)
- Exports of goods and services (current LCU), annual growth rate 18.78 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 3.43 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 6,632 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 7.83 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.4042 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 781.45 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate -4.68 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.1946 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Solomon Islands?
- Merchandise trade as a proportion of gdp in Solomon Islands was 78.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Solomon Islands?
- The highest recorded value was 83.4% in 2011.
- What is the lowest merchandise trade as a proportion of gdp recorded in Solomon Islands?
- The lowest recorded value was 33.5% in 2001.
- How does Solomon Islands rank for merchandise trade as a proportion of gdp?
- Solomon Islands ranks 55th out of 218 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Solomon Islands?
- Over the last ten years it is up 9.7%. The long-run trend across the full record is rising.
- Where does this Solomon Islands data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).