Services value added — all countries

Services value added — Solomon Islands

Services value added in the Solomon Islands in 2024 — 743,209,922 US$. Ranked 179 in the world out of 188. Since 2003, the indicator has risen by 377.2%.

2024 743M US$ +2.88% vs 2023
World rank 179of 188
Period maximum 796M US$2019
Period minimum 156M US$2003

Trend over time

2003–2024 · US$

Services value added — Solomon Islands, 2003–20240200M400M600M800M200320062009201220152018202120242003: 155,756,997 US$2004: 177,801,833 US$2005: 249,996,394 US$2006: 287,886,772 US$2007: 331,679,796 US$2008: 373,181,514 US$2009: 393,452,548 US$2010: 435,177,452 US$2011: 490,508,174 US$2012: 565,421,417 US$2013: 645,263,830 US$2014: 642,567,934 US$2015: 668,240,256 US$2016: 685,031,868 US$2017: 724,933,026 US$2018: 777,918,882 US$2019: 796,168,510 US$2020: 747,120,265 US$2021: 736,149,823 US$2022: 715,469,800 US$2023: 722,407,012 US$2024: 743,209,922 US$
Change over the period: +587M (+377.16%) Average annual rate: 7.73 %

Comparison, 2024

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

Solomon Islands 743M US$
World 70.69T US$
Melanesia computed 17.66B US$
Lower-middle-income countries computed 4.22T US$
Services value added — Solomon Islands, by year Solomon Islands All countries CSV XLSX
Year US$ Change Change, %
2024 743M +20.8M +2.88%
2023 722M +6.94M +0.97%
2022 715M −20.68M −2.81%
2021 736M −10.97M −1.47%
2020 747M −49.05M −6.16%
2019 796M +18.25M +2.35%
2018 778M +52.99M +7.31%
2017 725M +39.9M +5.82%
2016 685M +16.79M +2.51%
2015 668M +25.67M +4%
2014 643M −2.7M −0.42%
2013 645M +79.84M +14.12%
2012 565M +74.91M +15.27%
2011 491M +55.33M +12.71%
2010 435M +41.72M +10.6%
2009 393M +20.27M +5.43%
2008 373M +41.5M +12.51%
2007 332M +43.79M +15.21%
2006 288M +37.89M +15.16%
2005 250M +72.19M +40.6%
2004 178M +22.04M +14.15%
2003 156M

Melanesia, 2024

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

About the indicator

Value added by the service sector in current US dollars: trade, transport, communications, finance, real estate, public administration, education, health care and everything else that is neither industry nor agriculture. In most advanced countries this is two thirds of the economy or more, and in absolute figures the sector is larger than industry almost everywhere except a few manufacturing economies of East Asia.

Important: A residual category by definition: everything not assigned to agriculture or industry. Its composition is therefore harder to compare across countries than its size.

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