Solomon Islands: Growth of exports

* indicates monthly or quarterly data series
 Solomon Islands

Exports of goods and services, annual growth

 Latest value 7.83
 Year 2024
 Measure percent
 Data availability 1981 - 2024
 Average 5.02
 Min - Max -31.51 - 32.73
 Source The World Bank
 Available for Data download
The latest value from 2024 is 7.83 percent, a decline from 23.61 percent in 2023. In comparison, the world average is 4.54 percent, based on data from 155 countries. Historically, the average for the Solomon Islands from 1981 to 2024 is 5.02 percent. The minimum value, -31.51 percent, was reached in 2001 while the maximum of 32.73 percent was recorded in 2010. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series
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 Recent values Solomon Islands: Growth of exports
 2024 7.83
 2023 23.61
 2022 -1.89
 2021 -1.23
 2020 -21.85
 2019 -2.84
 2018 6.22
 2017 5.16




Definition: Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.

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 Related indicators Latest Reference Measure
 Terms of trade 81.50 2024 percent
 Trade openness 111.35 2024 percent
 Financial openness -1.248 2022 index points
 Exports, percent of GDP 40.57 2024 percent
 Exports, billion dollars 0.64 2024 billion U.S. dollars
 Growth of exports 7.83 2024 percent
 Imports, percent of GDP 70.78 2024 percent
 Imports, billion dollars 1.12 2024 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 2.08 2024 percent
 Foreign Direct Investment, billion dollars 0.03 2024 billion U.S. dollars
 Portfolio investment inflows, equities 0.00 1999 million dollars (current)
 Current account, percent of GDP -4.18 2024 percent
 Current account, in dollars -0.07 2024 billion U.S. dollars
 Trade balance, percent of GDP -30.22 2024 percent
 Trade balance, in dollars -0.21 2024 billion U.S. dollars
 Reserves 0.69 2024 billion U.S. dollars
 Remittances, percent of GDP 6.01 2024 percent
 Remittances 95.18 2024 million U.S. dollars
 Net errors and omissions 11.60 2024 million USD
 External debt 31.39 2024 percent
 Short-term external debt 5.23 2024 percent
 Short-term debt to reserves 5.93 2023 percent
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