Trade in services as share of GDP in Solomon Islands
Solomon Islands: Trade in services as share of GDP was 24.1% in 2024. ▼ Falling
Latest (2024)
24.1%
Change on year
down 1.9%
World rank
90th
of 198 countries
All-time high
58.9%
in 1989
All-time low
12.4%
in 2021
Years of data
50
1975–2024
Trade in services as share of GDP in Solomon Islands, 1975–2024
Source: International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for trade in services as share of gdp in Solomon Islands is 24.1%, measured in 2024.
Compared with earlier readings it is down 1.9% on the previous year and down 4.4% over ten years.
Over the whole period, trade in services as share of gdp in Solomon Islands peaked at 58.9% in 1989 and was at its lowest, 12.4%, in 2021.
Solomon Islands ranks 90th of 198 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.
Trade in services as share of GDP in Solomon Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1975 | 16.5% | — |
| 1976 | 14.6% | -11.7% |
| 1977 | 15.0% | +3.0% |
| 1978 | 20.4% | +36.1% |
| 1979 | 17.6% | -14.0% |
| 1980 | 21.7% | +23.5% |
| 1981 | 26.2% | +20.6% |
| 1982 | 26.3% | +0.4% |
| 1983 | 27.2% | +3.5% |
| 1984 | 26.5% | -2.5% |
| 1985 | 31.7% | +19.8% |
| 1986 | 45.1% | +42.0% |
| 1987 | 45.6% | +1.2% |
| 1988 | 50.0% | +9.5% |
| 1989 | 58.9% | +17.8% |
| 1990 | 48.4% | -17.8% |
| 1991 | 52.7% | +8.8% |
| 1992 | 42.4% | -19.5% |
| 1993 | 40.9% | -3.4% |
| 1994 | 38.7% | -5.5% |
| 1995 | 25.3% | -34.6% |
| 1996 | 27.1% | +7.3% |
| 1997 | 33.7% | +24.2% |
| 1998 | 24.0% | -29.0% |
| 1999 | 29.5% | +23.0% |
| 2000 | 29.7% | +0.9% |
| 2001 | 32.4% | +9.1% |
| 2002 | 18.6% | -42.5% |
| 2003 | 20.9% | +12.1% |
| 2004 | 15.4% | -26.3% |
| 2005 | 18.0% | +16.7% |
| 2006 | 18.9% | +5.0% |
| 2007 | 21.7% | +14.9% |
| 2008 | 21.1% | -2.8% |
| 2009 | 20.4% | -3.4% |
| 2010 | 31.1% | +52.6% |
| 2011 | 28.6% | -7.9% |
| 2012 | 27.2% | -5.0% |
| 2013 | 29.1% | +6.8% |
| 2014 | 25.2% | -13.4% |
| 2015 | 22.0% | -12.5% |
| 2016 | 23.9% | +8.6% |
| 2017 | 23.3% | -2.5% |
| 2018 | 22.5% | -3.6% |
| 2019 | 23.8% | +6.0% |
| 2020 | 13.2% | -44.7% |
| 2021 | 12.4% | -5.8% |
| 2022 | 19.7% | +58.7% |
| 2023 | 24.5% | +24.5% |
| 2024 | 24.1% | -1.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.8% | 14.6% | 20.4% | 5 |
| 1980s | 35.9% | 21.7% | 58.9% | 10 |
| 1990s | 36.3% | 24.0% | 52.7% | 10 |
| 2000s | 21.7% | 15.4% | 32.4% | 10 |
| 2010s | 25.7% | 22.0% | 31.1% | 10 |
| 2020s | 18.8% | 12.4% | 24.5% | 5 |
Countries ranked near Solomon Islands
- 87 French Polynesia 25.6% compare
- 88 Azerbaijan 24.8% compare
- 89 Libya 24.3% compare
- 91 Faroe Islands 24.0% compare
- 92 Israel 23.8% compare
- 93 France 23.7% 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)
- Manufacturing, value added (current US$), per unit of GDP 0.1009 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 195.12 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.8532 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 1,650 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0877 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 169.59 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 1,018 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 14.43 % change on previous year (2024)
Frequently asked questions
- What is trade in services as share of gdp in Solomon Islands?
- Trade in services as share of gdp in Solomon Islands was 24.1% in 2024, according to International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data.
- What is the highest trade in services as share of gdp recorded in Solomon Islands?
- The highest recorded value was 58.9% in 1989.
- What is the lowest trade in services as share of gdp recorded in Solomon Islands?
- The lowest recorded value was 12.4% in 2021.
- How does Solomon Islands rank for trade in services as share of gdp?
- Solomon Islands ranks 90th out of 198 countries with data for 2024.
- Is trade in services as share of gdp rising or falling in Solomon Islands?
- Over the last ten years it is down 4.4%. The long-run trend across the full record is falling.
- Where does this Solomon Islands data come from?
- The figures come from International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data, published as part of Trade in services as share of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total services trade (exports and imports) divided by gross domestic product (GDP).