Service exports (BoP, current US$), per unit of GDP in Solomon Islands
Solomon Islands: Service exports (BoP, current US$), per unit of GDP was 0.0837 BoP, current US$ per US$ of GDP in 2024. ▬ Flat
Service exports (BoP, current US$), per unit of GDP in Solomon Islands, 1975–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2024, service exports (bop, current us$), per unit of gdp in Solomon Islands stood at 0.0837 BoP, current US$ per US$ of GDP.
That represents a change of up 9.4% on the previous year and down 0.6% over ten years.
Over the whole period, service exports (bop, current us$), per unit of gdp in Solomon Islands peaked at 0.1534 BoP, current US$ per US$ of GDP in 1989 and was at its lowest, 0.0272 BoP, current US$ per US$ of GDP, in 2021.
That places Solomon Islands 110th out of 199 countries with data for 2024, putting it in the middle of the range.
Service exports (BoP, current US$), per unit of GDP in Solomon Islands, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1975 | 0.0333 BoP, current US$ per US$ of GDP | — |
| 1976 | 0.0368 BoP, current US$ per US$ of GDP | +10.3% |
| 1977 | 0.0357 BoP, current US$ per US$ of GDP | -2.9% |
| 1978 | 0.0474 BoP, current US$ per US$ of GDP | +32.8% |
| 1979 | 0.0382 BoP, current US$ per US$ of GDP | -19.5% |
| 1980 | 0.0639 BoP, current US$ per US$ of GDP | +67.5% |
| 1981 | 0.067 BoP, current US$ per US$ of GDP | +4.8% |
| 1982 | 0.071 BoP, current US$ per US$ of GDP | +5.9% |
| 1983 | 0.0836 BoP, current US$ per US$ of GDP | +17.7% |
| 1984 | 0.0523 BoP, current US$ per US$ of GDP | -37.4% |
| 1985 | 0.0567 BoP, current US$ per US$ of GDP | +8.4% |
| 1986 | 0.1128 BoP, current US$ per US$ of GDP | +98.9% |
| 1987 | 0.1355 BoP, current US$ per US$ of GDP | +20.1% |
| 1988 | 0.1246 BoP, current US$ per US$ of GDP | -8.1% |
| 1989 | 0.1534 BoP, current US$ per US$ of GDP | +23.1% |
| 1990 | 0.118 BoP, current US$ per US$ of GDP | -23.1% |
| 1991 | 0.1389 BoP, current US$ per US$ of GDP | +17.7% |
| 1992 | 0.1339 BoP, current US$ per US$ of GDP | -3.6% |
| 1993 | 0.1411 BoP, current US$ per US$ of GDP | +5.4% |
| 1994 | 0.124 BoP, current US$ per US$ of GDP | -12.1% |
| 1995 | 0.0891 BoP, current US$ per US$ of GDP | -28.2% |
| 1996 | 0.1041 BoP, current US$ per US$ of GDP | +16.8% |
| 1997 | 0.1336 BoP, current US$ per US$ of GDP | +28.4% |
| 1998 | 0.1204 BoP, current US$ per US$ of GDP | -9.9% |
| 1999 | 0.1154 BoP, current US$ per US$ of GDP | -4.1% |
| 2000 | 0.1244 BoP, current US$ per US$ of GDP | +7.8% |
| 2001 | 0.126 BoP, current US$ per US$ of GDP | +1.3% |
| 2002 | 0.0461 BoP, current US$ per US$ of GDP | -63.4% |
| 2003 | 0.0605 BoP, current US$ per US$ of GDP | +31.3% |
| 2004 | 0.0658 BoP, current US$ per US$ of GDP | +8.8% |
| 2005 | 0.0749 BoP, current US$ per US$ of GDP | +13.8% |
| 2006 | 0.0787 BoP, current US$ per US$ of GDP | +5.1% |
| 2007 | 0.078 BoP, current US$ per US$ of GDP | -1.0% |
| 2008 | 0.0638 BoP, current US$ per US$ of GDP | -18.1% |
| 2009 | 0.0735 BoP, current US$ per US$ of GDP | +15.1% |
| 2010 | 0.1021 BoP, current US$ per US$ of GDP | +39.0% |
| 2011 | 0.1104 BoP, current US$ per US$ of GDP | +8.2% |
| 2012 | 0.1005 BoP, current US$ per US$ of GDP | -9.0% |
| 2013 | 0.0978 BoP, current US$ per US$ of GDP | -2.7% |
| 2014 | 0.0843 BoP, current US$ per US$ of GDP | -13.8% |
| 2015 | 0.0805 BoP, current US$ per US$ of GDP | -4.5% |
| 2016 | 0.089 BoP, current US$ per US$ of GDP | +10.6% |
| 2017 | 0.0857 BoP, current US$ per US$ of GDP | -3.7% |
| 2018 | 0.0896 BoP, current US$ per US$ of GDP | +4.6% |
| 2019 | 0.0805 BoP, current US$ per US$ of GDP | -10.1% |
| 2020 | 0.0326 BoP, current US$ per US$ of GDP | -59.5% |
| 2021 | 0.0272 BoP, current US$ per US$ of GDP | -16.6% |
| 2022 | 0.0481 BoP, current US$ per US$ of GDP | +76.6% |
| 2023 | 0.0765 BoP, current US$ per US$ of GDP | +59.2% |
| 2024 | 0.0837 BoP, current US$ per US$ of GDP | +9.4% |
Solomon Islands compared with similar countries
- Solomon Islands's 0.0837 BoP, current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.0631 BoP, current US$ per US$ of GDP, 1.3× the median. (47 countries reporting)
- Solomon Islands's 0.0837 BoP, current US$ per US$ of GDP is below the median for East Asia & Pacific, which is 0.089 BoP, current US$ per US$ of GDP, 94% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0383 BoP, current US$ per US$ of GDP | 0.0333 BoP, current US$ per US$ of GDP | 0.0474 BoP, current US$ per US$ of GDP | 5 |
| 1980s | 0.0921 BoP, current US$ per US$ of GDP | 0.0523 BoP, current US$ per US$ of GDP | 0.1534 BoP, current US$ per US$ of GDP | 10 |
| 1990s | 0.1218 BoP, current US$ per US$ of GDP | 0.0891 BoP, current US$ per US$ of GDP | 0.1411 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.0792 BoP, current US$ per US$ of GDP | 0.0461 BoP, current US$ per US$ of GDP | 0.126 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.092 BoP, current US$ per US$ of GDP | 0.0805 BoP, current US$ per US$ of GDP | 0.1104 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.0536 BoP, current US$ per US$ of GDP | 0.0272 BoP, current US$ per US$ of GDP | 0.0837 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Solomon Islands
- 107 Eritrea 0.0862 BoP, current US$ per US$ of GDP compare
- 108 Turkey 0.0862 BoP, current US$ per US$ of GDP compare
- 109 Bhutan 0.0861 BoP, current US$ per US$ of GDP compare
- 111 Faroe Islands 0.0825 BoP, current US$ per US$ of GDP compare
- 112 Kuwait 0.0807 BoP, current US$ per US$ of GDP compare
- 113 South Korea 0.0802 BoP, current US$ 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$), annual growth rate -0.3505 % change on previous year (2024)
Frequently asked questions
- What is service exports (bop, current us$), per unit of gdp in Solomon Islands?
- Service exports (bop, current us$), per unit of gdp in Solomon Islands was 0.0837 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest service exports (bop, current us$), per unit of gdp recorded in Solomon Islands?
- The highest recorded value was 0.1534 BoP, current US$ per US$ of GDP in 1989.
- What is the lowest service exports (bop, current us$), per unit of gdp recorded in Solomon Islands?
- The lowest recorded value was 0.0272 BoP, current US$ per US$ of GDP in 2021.
- How does Solomon Islands rank for service exports (bop, current us$), per unit of gdp?
- Solomon Islands ranks 110th out of 199 countries with data for 2024.
- Is service exports (bop, current us$), per unit of gdp rising or falling in Solomon Islands?
- Over the last ten years it is down 0.6%. The long-run trend across the full record is flat.
- Where does this Solomon Islands data come from?
- The figures come from Statizoid (derived), published as part of Service exports (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Service exports (BoP, current US$) ÷ GDP (current US$)
Computed from
- Service exports Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Service exports (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.