Trade as a share of GDP in Solomon Islands

Solomon Islands: Trade as a share of GDP was 111.4% in 2024. ▼ Falling

Latest (2024)
111.4%
Change on year
up 10.1%
World rank
51st
of 191 countries
All-time high
193.5%
in 1989
All-time low
45.1%
in 2001
Years of data
45
1980–2024

Trade as a share of GDP in Solomon Islands, 1980–2024

501001502001980200220241980: 142.4 % of GDP1981: 142.4 % of GDP1982: 142.5 % of GDP1983: 142.7 % of GDP1984: 150.9 % of GDP1985: 142.8 % of GDP1986: 157.9 % of GDP1987: 158 % of GDP1988: 192.6 % of GDP1989: 193.5 % of GDP1990: 142.4 % of GDP1991: 168.2 % of GDP1992: 149.8 % of GDP1993: 161.5 % of GDP1994: 136.8 % of GDP1995: 114.2 % of GDP1996: 98.8 % of GDP1997: 100.9 % of GDP1998: 83.1 % of GDP1999: 69.2 % of GDP2000: 58.6 % of GDP2001: 45.1 % of GDP2002: 45.1 % of GDP2003: 56 % of GDP2004: 62.8 % of GDP2005: 66.6 % of GDP2006: 69.8 % of GDP2007: 83.7 % of GDP2008: 87.4 % of GDP2009: 71.9 % of GDP2010: 96.1 % of GDP2011: 107.2 % of GDP2012: 104.8 % of GDP2013: 99.6 % of GDP2014: 93.5 % of GDP2015: 88.2 % of GDP2016: 85.5 % of GDP2017: 82.2 % of GDP2018: 88.5 % of GDP2019: 83 % of GDP2020: 60.2 % of GDP2021: 67.4 % of GDP2022: 74.8 % of GDP2023: 101.1 % of GDP2024: 111.4 % of GDP

Source: National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

Solomon Islands recorded 111.4% for trade as a share of gdp in 2024.

Compared with earlier readings it is up 10.1% on the previous year and up 19.2% over ten years.

Over the whole period, trade as a share of gdp in Solomon Islands peaked at 193.5% in 1989 and was at its lowest, 45.1%, in 2001.

That places Solomon Islands 51st out of 191 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 45 years of available data.

Trade as a share of GDP in Solomon Islands, year by year

Annual values for Trade as a share of GDP in Solomon Islands, 1980 to 2024.
Year % of GDP Change
1980 142.4%
1981 142.4% +0.0%
1982 142.5% +0.1%
1983 142.7% +0.1%
1984 150.9% +5.8%
1985 142.8% -5.4%
1986 157.9% +10.6%
1987 158.0% +0.0%
1988 192.6% +21.9%
1989 193.5% +0.4%
1990 142.4% -26.4%
1991 168.2% +18.1%
1992 149.8% -10.9%
1993 161.5% +7.8%
1994 136.8% -15.3%
1995 114.2% -16.5%
1996 98.8% -13.5%
1997 100.9% +2.1%
1998 83.1% -17.6%
1999 69.2% -16.8%
2000 58.6% -15.3%
2001 45.1% -23.0%
2002 45.1% +0.0%
2003 56.0% +24.0%
2004 62.8% +12.2%
2005 66.6% +6.0%
2006 69.8% +4.8%
2007 83.7% +20.0%
2008 87.4% +4.3%
2009 71.9% -17.7%
2010 96.1% +33.8%
2011 107.2% +11.5%
2012 104.8% -2.3%
2013 99.6% -5.0%
2014 93.5% -6.2%
2015 88.2% -5.6%
2016 85.5% -3.0%
2017 82.2% -3.9%
2018 88.5% +7.7%
2019 83.0% -6.2%
2020 60.2% -27.4%
2021 67.4% +12.0%
2022 74.8% +11.0%
2023 101.1% +35.1%
2024 111.4% +10.1%

Averages by decade

DecadeAverage LowestHighest Years
1980s 156.6% 142.4% 193.5% 10
1990s 122.5% 69.2% 168.2% 10
2000s 64.7% 45.1% 87.4% 10
2010s 92.9% 82.2% 107.2% 10
2020s 83.0% 60.2% 111.4% 5

Countries ranked near Solomon Islands

  1. 48 Oman 114.9% compare
  2. 49 Serbia 112.9% compare
  3. 50 Belarus 112.1% compare
  4. 52 Belize 109.0% compare
  5. 53 Namibia 108.6% compare
  6. 54 Eswatini 107.5% compare

See the full ranking of 191 places →

More economy & growth data for Solomon Islands

All data for Solomon Islands →

Frequently asked questions

What is trade as a share of gdp in Solomon Islands?
Trade as a share of gdp in Solomon Islands was 111.4% in 2024, according to National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data.
What is the highest trade as a share of gdp recorded in Solomon Islands?
The highest recorded value was 193.5% in 1989.
What is the lowest trade as a share of gdp recorded in Solomon Islands?
The lowest recorded value was 45.1% in 2001.
How does Solomon Islands rank for trade as a share of gdp?
Solomon Islands ranks 51st out of 191 countries with data for 2024.
Is trade as a share of gdp rising or falling in Solomon Islands?
Over the last ten years it is up 19.2%. The long-run trend across the full record is falling.
Where does this Solomon Islands data come from?
The figures come from National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data, published as part of Trade as a share of GDP. Statizoid updates them automatically from the source API.

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Trade as a share of GDP in Solomon Islands. Statizoid, drawing on National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data. Retrieved 30 August 2026, from https://economy.statizoid.com/stat/trade-as-share-of-gdp/solomon-islands/

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About this data

Indicator
Trade as a share of GDP
Unit
% of GDP
Source
National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
191 places, 9,006 data points, 1960–2025
Last refreshed

Trade in goods and services as a share of GDP, shown as a percentage.