Services share of GDP — all countries

Services share of GDP — Solomon Islands

Services share of GDP in the Solomon Islands in 2024 — 46.9%. Ranked 147 in the world out of 189. Since 2003, the indicator has risen by 9.6 pp.

2024 46.9% −1 pp vs 2023
World rank 147of 189
Period maximum 51.1%2015
Period minimum 37.3%2003

Trend over time

2003–2024 · % of GDP

Services share of GDP — Solomon Islands, 2003–20243540455055200320062009201220152018202120242003: 37.3%2004: 38%2005: 45.2%2006: 46.6%2007: 47.7%2008: 48.1%2009: 48.8%2010: 48.5%2011: 46.1%2012: 47.7%2013: 50.2%2014: 48.1%2015: 51.1%2016: 49.7%2017: 49.3%2018: 48.2%2019: 49.2%2020: 48.6%2021: 47.2%2022: 48.8%2023: 48%2024: 46.9%
Change over the period: +9.6 pp Annual average: 0.46 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Solomon Islands

Solomon Islands 46.9%
World 63.3%
Melanesia computed 44.5%
Services share of GDP — Solomon Islands, by year Solomon Islands All countries CSV XLSX
Year % Change, pp
2024 46.9 −1 pp
2023 48 −0.8 pp
2022 48.8 +1.5 pp
2021 47.2 −1.4 pp
2020 48.6 −0.5 pp
2019 49.2 +1 pp
2018 48.2 −1.2 pp
2017 49.3 −0.3 pp
2016 49.7 −1.4 pp
2015 51.1 +3 pp
2014 48.1 −2.1 pp
2013 50.2 +2.5 pp
2012 47.7 +1.6 pp
2011 46.1 −2.3 pp
2010 48.5 −0.4 pp
2009 48.8 +0.8 pp
2008 48.1 +0.4 pp
2007 47.7 +1.1 pp
2006 46.6 +1.4 pp
2005 45.2 +7.2 pp
2004 38 +0.7 pp
2003 37.3

Melanesia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

The share of value added by the service sector in GDP: wholesale and retail trade, transport, communications, finance, real estate, business and government services, education and health care. In most high-income countries it exceeds 70%; in small island states and tourism economies it reaches 80–90%.

Source: World Development Indicators (World Bank), license CC BY 4.0.