Agriculture, forestry, and fishing, value added in Solomon Islands
Solomon Islands: Agriculture, forestry, and fishing, value added was 2.92 billion constant LCU in 2024. ▲ Rising
Agriculture, forestry, and fishing, value added in Solomon Islands, 2003–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, agriculture, forestry, and fishing, value added in Solomon Islands stood at 2.92 billion constant LCU.
The figure is up 1.8% on the previous year and down 0.8% over ten years.
Over the whole period, agriculture, forestry, and fishing, value added in Solomon Islands peaked at 3.27 billion constant LCU in 2019 and was at its lowest, 2.03 billion constant LCU, in 2003.
Solomon Islands ranks 133rd of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
Agriculture, forestry, and fishing, value added in Solomon Islands, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2003 | 2.03 billion constant LCU | — |
| 2004 | 2.15 billion constant LCU | +5.5% |
| 2005 | 2.14 billion constant LCU | -0.5% |
| 2006 | 2.20 billion constant LCU | +2.9% |
| 2007 | 2.15 billion constant LCU | -2.4% |
| 2008 | 2.43 billion constant LCU | +13.3% |
| 2009 | 2.46 billion constant LCU | +1.1% |
| 2010 | 2.78 billion constant LCU | +13.0% |
| 2011 | 2.89 billion constant LCU | +3.9% |
| 2012 | 2.91 billion constant LCU | +0.6% |
| 2013 | 2.76 billion constant LCU | -5.0% |
| 2014 | 2.95 billion constant LCU | +6.8% |
| 2015 | 3.04 billion constant LCU | +3.2% |
| 2016 | 3.15 billion constant LCU | +3.4% |
| 2017 | 3.26 billion constant LCU | +3.6% |
| 2018 | 3.27 billion constant LCU | +0.4% |
| 2019 | 3.27 billion constant LCU | +0.1% |
| 2020 | 3.15 billion constant LCU | -3.8% |
| 2021 | 3.17 billion constant LCU | +0.7% |
| 2022 | 2.88 billion constant LCU | -9.2% |
| 2023 | 2.87 billion constant LCU | -0.2% |
| 2024 | 2.92 billion constant LCU | +1.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.22 billion constant LCU | 2.03 billion constant LCU | 2.46 billion constant LCU | 7 |
| 2010s | 3.03 billion constant LCU | 2.76 billion constant LCU | 3.27 billion constant LCU | 10 |
| 2020s | 3.00 billion constant LCU | 2.87 billion constant LCU | 3.17 billion constant LCU | 5 |
Countries ranked near Solomon Islands
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)
- Gross capital formation (current US$), annual growth rate -3.58 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.1946 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 376.25 current US$ per person (2024)
- Gross capital formation (current LCU), annual growth rate -2.67 % change on previous year (2024)
- Gross capital formation (current LCU), per unit of GDP 1.65 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 3,181 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 1.88 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2196 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is agriculture, forestry, and fishing, value added in Solomon Islands?
- Agriculture, forestry, and fishing, value added in Solomon Islands was 2.92 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest agriculture, forestry, and fishing, value added recorded in Solomon Islands?
- The highest recorded value was 3.27 billion constant LCU in 2019.
- What is the lowest agriculture, forestry, and fishing, value added recorded in Solomon Islands?
- The lowest recorded value was 2.03 billion constant LCU in 2003.
- How does Solomon Islands rank for agriculture, forestry, and fishing, value added?
- Solomon Islands ranks 133rd out of 197 countries with data for 2024.
- Is agriculture, forestry, and fishing, value added rising or falling in Solomon Islands?
- Over the last ten years it is down 0.8%. The long-run trend across the full record is rising.
- Where does this Solomon Islands data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Agriculture, forestry, and fishing, value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Agriculture, forestry, and fishing corresponds to ISIC (Rev. 4) divisions 01-03 and includes the exploitation of vegetal and animal natural resources, comprising the activities of growing of crops, raising and breeding of animals, harvesting of timber and other plants, animals or animal products from a farm or their natural habitats.Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.