Insurance & Financial Services Trade Statistics in Solomon Islands (2026)
The Solomon Islands recorded insurance and financial services exports of 0.9% of service exports in 2024, World Bank World Development Indicators data show. Essentially no change from 0.9% in 2023 to 0.9% in 2024. Solomon Islands ranks #18 of 26 economies in East Asia & Pacific on this measure, and #140 of 176 globally.
Key Statistics
- Latest value (2024)
- 0.9% (2024)
- Insurance & Financial Services Trade in the Solomon Islands as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- 0 pp (2024)
- Essentially no change from 0.9% in 2023 to 0.9% in 2024.
- Earliest value in this dataset (1993)
- 1% (1993)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 1% in 1993 to 0.9% in 2024.
- Peak value (2000)
- 41.6% (2000)
- Highest value in the available series; the 2024 value is 0.9%.
- Rank in East Asia & Pacific
- #18 of 26 (2024)
- The Solomon Islands ranks 18 of 26 countries in East Asia & Pacific with data, based on each country's latest value.
- Global rank
- #140 of 176 (2024)
- The Solomon Islands ranks 140 of 176 countries with data globally.
- East Asia & Pacific average
- 4.1% (2024)
- The Solomon Islands (0.9%) is below the average of 4.1% across the 26 countries in East Asia & Pacific with data.
- Insurance and financial services (% of service imports, BoP) (2024)
- 3.7% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in the Solomon Islands (2024)
- 29% (2024)
- 29% of the population in the Solomon Islands used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 819,198 (2024)
- The Solomon Islands had a population of 819,198 in 2024 (World Bank); shown for scale only.
Trend, 1993–2024
| Year | % of service exports (BoP) | Change |
|---|---|---|
| 2024 | 0.9% | −0.0 pp |
| 2023 | 0.9% | −2.7 pp |
| 2022 | 3.6% | +1.1 pp |
| 2021 | 2.5% | −2.0 pp |
| 2020 | 4.5% | +3.6 pp |
| 2019 | 0.9% | +0.9 pp |
| 2018 | 0% | −0.4 pp |
| 2017 | 0.4% | −0.6 pp |
| 2016 | 1% | −0.1 pp |
| 2015 | 1.1% | +1.0 pp |
| 2014 | 0.1% | −0.4 pp |
| 2013 | 0.4% | −6.8 pp |
| 2012 | 7.2% | −1.0 pp |
| 2011 | 8.2% | −0.8 pp |
| 2010 | 9% | −0.2 pp |
| 2009 | 9.1% | +5.2 pp |
| 2008 | 4% | +1.7 pp |
| 2007 | 2.2% | −0.9 pp |
| 2006 | 3.1% | +1.4 pp |
| 2005 | 1.7% | −2.5 pp |
| 2004 | 4.3% | +0.3 pp |
| 2003 | 4% | −13.5 pp |
| 2002 | 17.5% | −16.8 pp |
| 2001 | 34.3% | −7.3 pp |
| 2000 | 41.6% | +7.3 pp |
| 1999 | 34.3% | +13.5 pp |
| 1998 | 20.8% | +20.7 pp |
| 1997 | 0.1% | −0.7 pp |
| 1996 | 0.7% | +0.5 pp |
| 1995 | 0.2% | −0.2 pp |
| 1994 | 0.4% | −0.6 pp |
| 1993 | 1% | — |
Frequently asked questions
What is the latest figure for insurance and financial services exports in the Solomon Islands?
Insurance and financial services exports in the Solomon Islands stood at 0.9% of service exports in 2024, according to World Bank World Development Indicators data.
Where does the Solomon Islands rank globally on insurance & financial services trade?
The Solomon Islands ranks 140 of 176 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
When did insurance & financial services trade in the Solomon Islands peak?
The highest value in the available series was 41.6% in 2000; the latest (2024) value is 0.9%.
Source & methodology
Source: World Bank, World Development Indicators, indicator
BX.GSR.INSF.ZS, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .