Trade in Solomon Islands
Solomon Islands: Trade was 111.4% in 2024. ▼ Falling
Trade in Solomon Islands, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
Solomon Islands recorded 111.4% for trade 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 in Solomon Islands peaked at 193.5% in 1989 and was at its lowest, 45.1%, in 2001.
That places Solomon Islands 52nd out of 192 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 in Solomon Islands, year by year
| 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
| Decade | Average | Lowest | Highest | 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
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 (constant LCU), per capita 1,018 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 14.43 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.2337 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 451.92 current US$ per person (2024)
- Industry (including construction), value added (current LCU), annual 15.51 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 1.98 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), per 3,821 current LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) 8.33 % change on previous year (2024)
Frequently asked questions
- What is trade in Solomon Islands?
- Trade in Solomon Islands was 111.4% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest trade recorded in Solomon Islands?
- The highest recorded value was 193.5% in 1989.
- What is the lowest trade recorded in Solomon Islands?
- The lowest recorded value was 45.1% in 2001.
- How does Solomon Islands rank for trade?
- Solomon Islands ranks 52nd out of 192 countries with data for 2024.
- Is trade 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 Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Trade (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Trade is the sum of exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.