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Solomon Islands Trade (% GDP)

Solomon Islands' trade (% GDP) rose to 78.04% in 2022, up from 66.64% in 2021, according to World Bank. This represents an increase of 11.4% from the previous year. The Solomon Islands has trade (% GDP) lower than the global median (78.04% vs median 84.49%). Compared with the median in Oceania, the Solomon Islands is lower (78.04% vs regional median 87.74%) and ranks 11th out of 17 countries in Oceania.

Yearly Historical Data (1980-2022)

(in %)
Year Trade (% GDP)
2022 78.04%
2021 66.64%
2020 60.22%
2019 83%
2018 88.49%
2017 82.2%
2016 85.55%
2015 88.19%
2014 93.45%
2013 99.61%
2012 104.82%
2011 107.25%
2010 96.15%
2009 71.89%
2008 87.35%
2007 83.75%
2006 69.79%
2005 66.57%
2004 62.81%
2003 55.96%
2002 45.13%
2001 45.11%
2000 58.55%
1999 69.16%
1998 83.14%
1997 100.91%
1996 98.8%
1995 114.21%
1994 136.81%
1993 161.47%
1992 149.79%
1991 168.2%
1990 142.44%
1989 193.46%
1988 192.63%
1987 158%
1986 157.93%
1985 142.8%
1984 150.91%
1983 142.69%
1982 142.53%
1981 142.35%
1980 142.35%
Solomon Islands Trade (% GDP) : Definition
Trade (% GDP) measures the sum of exports and imports for Solomon Islands divided by its total economic output, shown as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $569.11M $499.71M 2018
Annual Imports $601.39M $571.77M 2018
Exports (% GDP) 26.29% 27.17% 2022
FDI Inflows (% GDP) 1.87% 4.75% 2024
Imports (% GDP) 51.75% 39.46% 2022
Net Trade (Goods & Services, BoP) -$214.25M -$337.59M 2024
Tariff Rate 11.9% 10.11% 2022