Terms of trade adjustment (constant LCU), annual growth rate in Solomon Islands
Solomon Islands: Terms of trade adjustment (constant LCU), annual growth rate was 88.77 % change on previous year in 2024. ◆ Volatile
Terms of trade adjustment (constant LCU), annual growth rate in Solomon Islands, 1981–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for terms of trade adjustment (constant lcu), annual growth rate in Solomon Islands is 88.77 % change on previous year, measured in 2024.
That represents a change of up 3,359.6% on the previous year and down 36.0% over ten years.
Over the whole period, terms of trade adjustment (constant lcu), annual growth rate in Solomon Islands peaked at 309.44 % change on previous year in 2022 and was at its lowest, -356.32 % change on previous year, in 2003.
Solomon Islands ranks 34th of 178 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Terms of trade adjustment (constant LCU), annual growth rate in Solomon Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1981 | -1.74 % change on previous year | — |
| 1982 | -1.75 % change on previous year | +0.8% |
| 1983 | 3.9 % change on previous year | -322.5% |
| 1984 | 38.34 % change on previous year | +882.2% |
| 1985 | -29.13 % change on previous year | -176.0% |
| 1986 | 23.19 % change on previous year | -179.6% |
| 1987 | 5.62 % change on previous year | -75.7% |
| 1988 | 9.9 % change on previous year | +76.0% |
| 1989 | 4.15 % change on previous year | -58.1% |
| 1990 | -5.86 % change on previous year | -241.2% |
| 1991 | -56 % change on previous year | +855.1% |
| 1992 | 11.81 % change on previous year | -121.1% |
| 1993 | 130.09 % change on previous year | +1001.9% |
| 1994 | 19.78 % change on previous year | -84.8% |
| 1995 | 2.73 % change on previous year | -86.2% |
| 1996 | -3.47 % change on previous year | -227.2% |
| 1997 | 13.32 % change on previous year | -483.7% |
| 1998 | -1.6 % change on previous year | -112.0% |
| 1999 | -34.05 % change on previous year | +2025.6% |
| 2000 | -81.09 % change on previous year | +138.1% |
| 2001 | -50.04 % change on previous year | -38.3% |
| 2002 | 195.71 % change on previous year | -491.1% |
| 2003 | -356.32 % change on previous year | -282.1% |
| 2004 | 47.34 % change on previous year | -113.3% |
| 2005 | 50.71 % change on previous year | +7.1% |
| 2006 | 151.96 % change on previous year | +199.7% |
| 2007 | 282.77 % change on previous year | +86.1% |
| 2008 | -98.47 % change on previous year | -134.8% |
| 2010 | -80.87 % change on previous year | -17.9% |
| 2012 | -100 % change on previous year | +23.6% |
| 2015 | 138.81 % change on previous year | -238.8% |
| 2016 | -14.76 % change on previous year | -110.6% |
| 2017 | -43.28 % change on previous year | +193.2% |
| 2018 | 227.14 % change on previous year | -624.8% |
| 2019 | -23.9 % change on previous year | -110.5% |
| 2020 | -81.44 % change on previous year | +240.8% |
| 2021 | -9.55 % change on previous year | -88.3% |
| 2022 | 309.44 % change on previous year | -3340.9% |
| 2023 | 2.57 % change on previous year | -99.2% |
| 2024 | 88.77 % change on previous year | +3359.6% |
Solomon Islands compared with similar countries
- Solomon Islands's 88.77 % change on previous year is above the median for lower middle income countries, which is 9.41 % change on previous year, 9.4× the median. (45 countries reporting)
- Solomon Islands's 88.77 % change on previous year is above the median for East Asia & Pacific, which is 12.8 % change on previous year, 6.9× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Terms of trade adjustment (constant LCU), annual growth rate in Solomon Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2024 | +3359.6% | 2.57 % change on previous year | 88.77 % change on previous year |
| 2022 | +3340.9% | -9.55 % change on previous year | 309.44 % change on previous year |
| 1999 | -2025.6% | -1.6 % change on previous year | -34.05 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 5.83 % change on previous year | -29.13 % change on previous year | 38.34 % change on previous year | 9 |
| 1990s | 7.67 % change on previous year | -56 % change on previous year | 130.09 % change on previous year | 10 |
| 2000s | 15.84 % change on previous year | -356.32 % change on previous year | 282.77 % change on previous year | 9 |
| 2010s | 14.73 % change on previous year | -100 % change on previous year | 227.14 % change on previous year | 7 |
| 2020s | 61.96 % change on previous year | -81.44 % change on previous year | 309.44 % change on previous year | 5 |
Countries ranked near Solomon Islands
- 31 Spain 97.49 % change on previous year compare
- 32 Senegal 97.25 % change on previous year compare
- 33 Haiti 94.24 % change on previous year compare
- 35 New Zealand 82.57 % change on previous year compare
- 36 Tanzania 79.81 % change on previous year compare
- 37 Nicaragua 76.86 % change on previous year 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 terms of trade adjustment (constant lcu), annual growth rate in Solomon Islands?
- Terms of trade adjustment (constant lcu), annual growth rate in Solomon Islands was 88.77 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest terms of trade adjustment (constant lcu), annual growth rate recorded in Solomon Islands?
- The highest recorded value was 309.44 % change on previous year in 2022.
- What is the lowest terms of trade adjustment (constant lcu), annual growth rate recorded in Solomon Islands?
- The lowest recorded value was -356.32 % change on previous year in 2003.
- How does Solomon Islands rank for terms of trade adjustment (constant lcu), annual growth rate?
- Solomon Islands ranks 34th out of 178 countries with data for 2024.
- Is terms of trade adjustment (constant lcu), annual growth rate rising or falling in Solomon Islands?
- Over the last ten years it is down 36.0%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Statizoid (derived), published as part of Terms of trade adjustment (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Terms of trade adjustment (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Terms of trade adjustment 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
The year-on-year percentage change in Terms of trade adjustment (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.