Solomon Islands Gross Domestic Product: Share of GDP
GDP: % of GDP: Gross Value Added: Services
GDP: % of GDP: Gross Value Added: Services data was reported at 46.921 % in 2024. This records a decrease from the previous number of 47.965 % for 2023. GDP: % of GDP: Gross Value Added: Services data is updated yearly, averaging 50.180 % from Dec 2003 (Median) to 2024, with 22 observations. The data reached an all-time high of 51.092 % in 2015 and a record low of 37.292 % in 2003. GDP: % of GDP: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Solomon Islands – Table SB.World Bank.WDI: Gross Domestic Product: Share of GDP. Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and retaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. 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.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 46.921 2024 | yearly | 2003 - 2024 |
View Solomon Islands's GDP: % of GDP: Gross Value Added: Services from 2003 to 2024 in the chart:
Solomon Islands SB: GDP: % of GDP: Exports of Goods and Services
SB: GDP: % of GDP: Exports of Goods and Services data was reported at 45.075 % in 2015. This records a decrease from the previous number of 50.763 % for 2014. SB: GDP: % of GDP: Exports of Goods and Services data is updated yearly, averaging 36.188 % from Dec 1981 (Median) to 2015, with 35 observations. The data reached an all-time high of 59.706 % in 2012 and a record low of 16.512 % in 2001. SB: GDP: % of GDP: Exports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Solomon Islands – Table SB.World Bank: Gross Domestic Product: Share of GDP. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
| Last | Frequency | Range |
|---|---|---|
| 45.07 2015 | yearly | 1981 - 2015 |
View Solomon Islands's Solomon Islands SB: GDP: % of GDP: Exports of Goods and Services from 1981 to 2015 in the chart:
Solomon Islands SB: GDP: % of GDP: External Balance on Goods and Services
SB: GDP: % of GDP: External Balance on Goods and Services data was reported at -8.244 % in 2015. This records an increase from the previous number of -10.448 % for 2014. SB: GDP: % of GDP: External Balance on Goods and Services data is updated yearly, averaging -22.309 % from Dec 1981 (Median) to 2015, with 35 observations. The data reached an all-time high of -1.466 % in 2012 and a record low of -42.865 % in 1991. SB: GDP: % of GDP: External Balance on Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Solomon Islands – Table SB.World Bank: Gross Domestic Product: Share of GDP. External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
| Last | Frequency | Range |
|---|---|---|
| -8.24 2015 | yearly | 1981 - 2015 |
View Solomon Islands's Solomon Islands SB: GDP: % of GDP: External Balance on Goods and Services from 1981 to 2015 in the chart:
Solomon Islands SB: GDP: % of GDP: Imports of Goods and Services
SB: GDP: % of GDP: Imports of Goods and Services data was reported at 53.319 % in 2015. This records a decrease from the previous number of 61.211 % for 2014. SB: GDP: % of GDP: Imports of Goods and Services data is updated yearly, averaging 61.211 % from Dec 1981 (Median) to 2015, with 35 observations. The data reached an all-time high of 81.157 % in 2010 and a record low of 30.480 % in 2002. SB: GDP: % of GDP: Imports of Goods and Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Solomon Islands – Table SB.World Bank: Gross Domestic Product: Share of GDP. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
| Last | Frequency | Range |
|---|---|---|
| 53.32 2015 | yearly | 1981 - 2015 |
View Solomon Islands's Solomon Islands SB: GDP: % of GDP: Imports of Goods and Services from 1981 to 2015 in the chart:
Solomon Islands SB: GDP: % of GDP: Trade
SB: GDP: % of GDP: Trade data was reported at 98.394 % in 2015. This records a decrease from the previous number of 111.974 % for 2014. SB: GDP: % of GDP: Trade data is updated yearly, averaging 96.234 % from Dec 1981 (Median) to 2015, with 35 observations. The data reached an all-time high of 130.492 % in 2010 and a record low of 50.546 % in 2002. SB: GDP: % of GDP: Trade data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Solomon Islands – Table SB.World Bank: Gross Domestic Product: Share of GDP. Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;
| Last | Frequency | Range |
|---|---|---|
| 98.39 2015 | yearly | 1981 - 2015 |