Adjusted savings: consumption of fixed capital in Solomon Islands
Solomon Islands: Adjusted savings: consumption of fixed capital was 8.7% in 2021. ▲ Rising
Adjusted savings: consumption of fixed capital in Solomon Islands, 1972–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: consumption of fixed capital in Solomon Islands is 8.7%, measured in 2021.
The figure is up 2.2% on the previous year and down 0.3% over ten years.
Over the whole period, adjusted savings: consumption of fixed capital in Solomon Islands peaked at 15.6% in 1972 and was at its lowest, 5.0%, in 1981.
Solomon Islands ranks 151st of 204 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 50 years of available data.
Adjusted savings: consumption of fixed capital in Solomon Islands, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1972 | 15.6% | — |
| 1973 | 5.3% | -65.9% |
| 1974 | 5.5% | +3.3% |
| 1975 | 6.3% | +14.4% |
| 1976 | 6.5% | +4.3% |
| 1977 | 6.5% | -0.9% |
| 1978 | 6.8% | +5.3% |
| 1979 | 6.6% | -3.3% |
| 1980 | 5.4% | -18.5% |
| 1981 | 5.0% | -7.1% |
| 1982 | 5.1% | +2.0% |
| 1983 | 5.2% | +2.1% |
| 1984 | 6.2% | +18.5% |
| 1985 | 6.8% | +10.6% |
| 1986 | 6.8% | -0.0% |
| 1987 | 6.4% | -5.6% |
| 1988 | 6.6% | +2.3% |
| 1989 | 6.6% | +0.6% |
| 1990 | 6.0% | -9.0% |
| 1991 | 6.4% | +6.8% |
| 1992 | 6.5% | +1.7% |
| 1993 | 6.4% | -2.1% |
| 1994 | 6.9% | +7.8% |
| 1995 | 8.0% | +15.3% |
| 1996 | 8.1% | +1.9% |
| 1997 | 8.1% | -0.5% |
| 1998 | 8.3% | +2.6% |
| 1999 | 8.5% | +2.8% |
| 2000 | 8.0% | -5.6% |
| 2001 | 8.4% | +4.3% |
| 2002 | 8.1% | -3.6% |
| 2003 | 7.7% | -4.9% |
| 2004 | 7.9% | +3.3% |
| 2005 | 7.5% | -6.0% |
| 2006 | 7.9% | +6.2% |
| 2007 | 8.3% | +4.9% |
| 2008 | 8.6% | +4.0% |
| 2009 | 8.9% | +2.9% |
| 2010 | 9.0% | +1.8% |
| 2011 | 8.8% | -3.2% |
| 2012 | 8.4% | -3.7% |
| 2013 | 7.8% | -8.0% |
| 2014 | 7.9% | +2.0% |
| 2015 | 8.2% | +3.8% |
| 2016 | 8.2% | +0.3% |
| 2017 | 8.7% | +5.4% |
| 2018 | 8.5% | -2.7% |
| 2019 | 8.5% | +0.0% |
| 2020 | 8.5% | +1.0% |
| 2021 | 8.7% | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.4% | 5.3% | 15.6% | 8 |
| 1980s | 6.0% | 5.0% | 6.8% | 10 |
| 1990s | 7.3% | 6.0% | 8.5% | 10 |
| 2000s | 8.1% | 7.5% | 8.9% | 10 |
| 2010s | 8.4% | 7.8% | 9.0% | 10 |
| 2020s | 8.6% | 8.5% | 8.7% | 2 |
Countries ranked near Solomon Islands
- 148 Tajikistan 8.9% compare
- 149 Naoero 8.9% compare
- 150 Tonga 8.7% compare
- 152 Azerbaijan 8.7% compare
- 153 Trinidad and Tobago 8.7% compare
- 154 Burkina Faso 8.6% compare
More economy & growth data for Solomon Islands
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9064 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.96 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 52.88 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0334 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 64.55 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 32.97 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -58.21 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0208 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 40.24 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -0.3505 % change on previous year (2024)
Frequently asked questions
- What is adjusted savings: consumption of fixed capital in Solomon Islands?
- Adjusted savings: consumption of fixed capital in Solomon Islands was 8.7% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: consumption of fixed capital recorded in Solomon Islands?
- The highest recorded value was 15.6% in 1972.
- What is the lowest adjusted savings: consumption of fixed capital recorded in Solomon Islands?
- The lowest recorded value was 5.0% in 1981.
- How does Solomon Islands rank for adjusted savings: consumption of fixed capital?
- Solomon Islands ranks 151st out of 204 countries with data for 2021.
- Is adjusted savings: consumption of fixed capital rising or falling in Solomon Islands?
- Over the last ten years it is down 0.3%. The long-run trend across the full record is rising.
- Where does this Solomon Islands data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: consumption of fixed capital (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.