Solomon Islands: Export value index (2015 = 100)

Key figures

What the numbers say

In 2024, Solomon Islands' export value index (2015 = 100) rose 22.8 on 2023 (from 128.4 to 151.2).

Across the 18 yearly changes before that (2006 to 2023), the average change was +5.42 and a typical year strayed about 24.11 from that (the standard deviation). This year's change was 0.7 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 57.8 in 2011 and the biggest yearly fall was 36.1 in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2015 to 2024 there is no clear straight-line trend: a straight line explains less than 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2024, Solomon Islands had the 98th highest value of the 204 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Solomon Islands in the 2024 ranking

• Jamaica — 95th of 204: 154.4
• Switzerland — 96th of 204: 154.2
• Slovak Republic — 97th of 204: 153.9
• Belarus — 99th of 204: 150.7
• Spain — 100th of 204: 150.3
• Saudi Arabia — 101st of 204: 150.1

What this measures

Export values are the current value of exports (f.o.b.) converted to U.S. dollars and expressed as a percentage of the average for the base period (2015). UNCTAD's export value indexes are reported for most economies.

All 20 values

Export value index (2015 = 100) in nearby economies

• American Samoa — 107.4 (2024)
• Australia — 181.6 (2024)
• Brunei Darussalam — 177.3 (2024)
• Cambodia — 311.6 (2024)
• China — 157.3 (2024)
• Fiji — 127 (2024)
• French Polynesia — 124.7 (2024)
• Guam — 145.1 (2024)
• Hong Kong SAR, China — 126.5 (2024)
• Indonesia — 176.1 (2024)
• Japan — 113.1 (2024)

More trade data for Solomon Islands

• Import volume index (2015 = 100) — 149 (2024)
• Import value index (2015 = 100) — 191.4 (2024)
• Net barter terms of trade index (2015 = 100) — 81.5 (2024)
• Export volume index (2015 = 100) — 144.5 (2024)
• Tariff rate, most favored nation, simple mean, manufactured products (%) — 9.76% (2022)
• Tariff rate, most favored nation, simple mean, all products (%) — 13.98% (2022)
• Tariff rate, most favored nation, simple mean, primary products (%) — 26.72% (2022)
• Binding coverage, manufactured products (%) — 0% (2022)
• Binding coverage, all products (%)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Solomon Islands's export value index (2015 = 100)?

151.2 in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2005?

It is up 390.91% from 30.8 in 2005 (8.73% a year on average, compounded). The highest value was 169.5 in 2018 and the lowest 30.8 in 2005.

How does Solomon Islands rank?

98th highest of 204 economies with data for 2024.

Is the latest change in export value index (2015 = 100) unusual for Solomon Islands?

In 2024, Solomon Islands' export value index (2015 = 100) rose 22.8 on 2023 (from 128.4 to 151.2). Across the 18 yearly changes before that (2006 to 2023), the average change was +5.42 and a typical year strayed about 24.11 from that (the standard deviation). This year's change was 0.7 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator TX.VAL.MRCH.XD.WD, licensed CC BY 4.0. Original source: UN Conference on Trade and Development (UNCTAD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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