Customs and other import duties (current LCU) in Solomon Islands
Solomon Islands: Customs and other import duties (current LCU) was 324.03 million current LCU in 2024. ▼ Falling
Customs and other import duties in Solomon Islands, 2011–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for customs and other import duties in Solomon Islands is 324.03 million current LCU, measured in 2024.
The figure is up 4.1% on the previous year and down 38.1% over ten years.
Over the whole period, customs and other import duties in Solomon Islands peaked at 716.84 million current LCU in 2018 and was at its lowest, 240.06 million current LCU, in 2017.
That places Solomon Islands 105th out of 152 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 13 years of available data.
Customs and other import duties (current LCU) in Solomon Islands, year by year
| Year | current LCU | Change |
|---|---|---|
| 2011 | 422.91 million current LCU | — |
| 2012 | 521.35 million current LCU | +23.3% |
| 2013 | 558.09 million current LCU | +7.0% |
| 2014 | 523.59 million current LCU | -6.2% |
| 2015 | 533.77 million current LCU | +1.9% |
| 2016 | 526.82 million current LCU | -1.3% |
| 2017 | 240.06 million current LCU | -54.4% |
| 2018 | 716.84 million current LCU | +198.6% |
| 2019 | 612.96 million current LCU | -14.5% |
| 2020 | 609.60 million current LCU | -0.5% |
| 2022 | 654.78 million current LCU | +7.4% |
| 2023 | 311.25 million current LCU | -52.5% |
| 2024 | 324.03 million current LCU | +4.1% |
Solomon Islands compared with similar countries
- Solomon Islands's 324.03 million current LCU is below the median for lower middle income countries, which is 20.95 billion current LCU, 2% of the median. (37 countries reporting)
- Solomon Islands's 324.03 million current LCU is below the median for East Asia & Pacific, which is 3.07 billion current LCU, 11% of the median. (25 countries reporting)
Biggest year-on-year movements
Years where Customs and other import duties (current LCU) in Solomon Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2018 | +198.6% | 240.06 million current LCU | 716.84 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 517.38 million current LCU | 240.06 million current LCU | 716.84 million current LCU | 9 |
| 2020s | 474.91 million current LCU | 311.25 million current LCU | 654.78 million current LCU | 4 |
Countries ranked near Solomon Islands
More public sector data for Solomon Islands
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Tax revenue 23.3% (2024)
- Taxes on income, profits and capital gains 22.7% (2024)
- Taxes on goods and services 26.4% (2024)
- Net investment in nonfinancial assets 7.7% (2024)
Frequently asked questions
- What is customs and other import duties in Solomon Islands?
- Customs and other import duties in Solomon Islands was 324.03 million current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Solomon Islands?
- The highest recorded value was 716.84 million current LCU in 2018.
- What is the lowest customs and other import duties recorded in Solomon Islands?
- The lowest recorded value was 240.06 million current LCU in 2017.
- How does Solomon Islands rank for customs and other import duties?
- Solomon Islands ranks 105th out of 152 countries with data for 2024.
- Is customs and other import duties rising or falling in Solomon Islands?
- Over the last ten years it is down 38.1%. The long-run trend across the full record is falling.
- Where does this Solomon Islands data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Customs and other import duties (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 13 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.