Services, Debit/Expenditure in Solomon Islands
Solomon Islands: Services, Debit/Expenditure was 248.42 million in 2024. ▲ Rising
Services, Debit/Expenditure in Solomon Islands, 2005–2024
Source: International Monetary Fund.
Analysis
Solomon Islands recorded 248.42 million for services, debit/expenditure in 2024.
Compared with earlier readings it is down 2.3% on the previous year and up 11.1% over ten years.
Over the whole period, services, debit/expenditure in Solomon Islands peaked at 255.63 million in 2019 and was at its lowest, 57.98 million, in 2005.
Solomon Islands ranks 178th of 198 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Services, Debit/Expenditure in Solomon Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 57.98 million | — |
| 2006 | 67.96 million | +17.2% |
| 2007 | 96.64 million | +42.2% |
| 2008 | 114.17 million | +18.1% |
| 2009 | 104.99 million | -8.0% |
| 2010 | 187.54 million | +78.6% |
| 2011 | 187.06 million | -0.3% |
| 2012 | 203.32 million | +8.7% |
| 2013 | 247.96 million | +22.0% |
| 2014 | 223.64 million | -9.8% |
| 2015 | 182.83 million | -18.2% |
| 2016 | 207.27 million | +13.4% |
| 2017 | 216.96 million | +4.7% |
| 2018 | 218.77 million | +0.8% |
| 2019 | 255.63 million | +16.8% |
| 2020 | 152.24 million | -40.4% |
| 2021 | 151.00 million | -0.8% |
| 2022 | 218.39 million | +44.6% |
| 2023 | 254.15 million | +16.4% |
| 2024 | 248.42 million | -2.3% |
Solomon Islands compared with similar countries
- Solomon Islands's 248.42 million is below the median for lower middle income countries, which is 2.37 billion, 10% of the median. (46 countries reporting)
- Solomon Islands's 248.42 million is below the median for East Asia & Pacific, which is 2.40 billion, 10% of the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 88.35 million | 57.98 million | 114.17 million | 5 |
| 2010s | 213.10 million | 182.83 million | 255.63 million | 10 |
| 2020s | 204.84 million | 151.00 million | 254.15 million | 5 |
Countries ranked near Solomon Islands
- 175 Sierra Leone 347.53 million compare
- 176 Sint Maarten (Dutch part) 330.39 million compare
- 177 Cape Verde 297.89 million compare
- 179 Saint Kitts and Nevis 238.86 million compare
- 180 Vanuatu 229.59 million compare
- 181 Bhutan 227.83 million compare
More trade data for Solomon Islands
- Commodity Net Export Price Index, Individual Commodities Weighted by 127.33 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 102.63 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 100.33 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 125.09 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.76 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 68.1 (2025)
- Imports of low carbon technology products, Percent of GDP 1.04 (2018)
- Imports of low carbon technology products, US dollar (World), per 23.6 units per person (2018)
- Imports of low carbon technology products, US dollar (World), per 0.0104 units per US$ of GDP (2018)
- Exports of low carbon technology products, US dollar (World), gaps 319,958 (2018)
Frequently asked questions
- What is services, debit/expenditure in Solomon Islands?
- Services, debit/expenditure in Solomon Islands was 248.42 million in 2024, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Solomon Islands?
- The highest recorded value was 255.63 million in 2019.
- What is the lowest services, debit/expenditure recorded in Solomon Islands?
- The lowest recorded value was 57.98 million in 2005.
- How does Solomon Islands rank for services, debit/expenditure?
- Solomon Islands ranks 178th out of 198 countries with data for 2024.
- Is services, debit/expenditure rising or falling in Solomon Islands?
- Over the last ten years it is up 11.1%. The long-run trend across the full record is rising.
- Where does this Solomon Islands data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.