Annual growth of the gross capital formation in Solomon Islands
Solomon Islands: Annual growth of the gross capital formation was 1.9% in 2024. ◆ Volatile
Latest (2024)
1.9%
Change on year
down 76.2%
World rank
100th
of 174 countries
All-time high
85.2%
in 2010
All-time low
-41.1%
in 2011
Years of data
25
2000–2024
Annual growth of the gross capital formation in Solomon Islands, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Solomon Islands recorded 1.9% for annual growth of the gross capital formation in 2024.
That represents a change of down 76.2% on the previous year and up 127.9% over ten years.
Over the whole period, annual growth of the gross capital formation in Solomon Islands peaked at 85.2% in 2010 and was at its lowest, -41.1%, in 2011.
That places Solomon Islands 100th out of 174 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the gross capital formation in Solomon Islands, year by year
| Year | % | Change |
|---|---|---|
| 2000 | -24.2% | — |
| 2001 | -5.5% | -77.3% |
| 2002 | -29.9% | +444.7% |
| 2003 | 55.5% | -285.7% |
| 2004 | 15.2% | -72.6% |
| 2005 | 70.9% | +366.0% |
| 2006 | 1.0% | -98.6% |
| 2007 | 15.1% | +1409.7% |
| 2008 | 4.0% | -73.2% |
| 2009 | -2.8% | -170.1% |
| 2010 | 85.2% | -3109.0% |
| 2011 | -41.1% | -148.3% |
| 2012 | -4.2% | -89.7% |
| 2013 | -3.3% | -22.3% |
| 2014 | -6.7% | +104.8% |
| 2015 | 22.3% | -430.3% |
| 2016 | 4.8% | -78.2% |
| 2017 | 20.6% | +325.3% |
| 2018 | 6.6% | -68.1% |
| 2019 | 21.3% | +223.8% |
| 2020 | -13.3% | -162.2% |
| 2021 | 29.1% | -319.7% |
| 2022 | -17.2% | -159.0% |
| 2023 | 7.9% | -146.0% |
| 2024 | 1.9% | -76.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.9% | -29.9% | 70.9% | 10 |
| 2010s | 10.5% | -41.1% | 85.2% | 10 |
| 2020s | 1.7% | -17.2% | 29.1% | 5 |
Countries ranked near Solomon Islands
- 97 Russian Federation 2.1% compare
- 97 Russian Federation 2.1% compare
- 99 South Sudan 2.0% compare
- 101 Tunisia 1.7% compare
- 102 Denmark 1.7% compare
- 103 Azerbaijan 1.5% 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)
- Total reserves minus gold (current US$), annual growth rate 0.0912 % change on previous year (2024)
- Total reserves minus gold (current US$), per unit of GDP 0.4297 current US$ per US$ of GDP (2024)
- Total reserves minus gold (current US$), per capita 830.8 current US$ per person (2024)
- General government final consumption expenditure (current US$) -1.03 % change on previous year (2024)
- General government final consumption expenditure (current US$), per 0.2619 current US$ per US$ of GDP (2024)
- General government final consumption expenditure (current US$), per 506.36 current US$ per person (2024)
- General government final consumption expenditure (current LCU) -0.0889 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 2.21 current LCU per US$ of GDP (2024)
Frequently asked questions
- What is annual growth of the gross capital formation in Solomon Islands?
- Annual growth of the gross capital formation in Solomon Islands was 1.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the gross capital formation recorded in Solomon Islands?
- The highest recorded value was 85.2% in 2010.
- What is the lowest annual growth of the gross capital formation recorded in Solomon Islands?
- The lowest recorded value was -41.1% in 2011.
- How does Solomon Islands rank for annual growth of the gross capital formation?
- Solomon Islands ranks 100th out of 174 countries with data for 2024.
- Is annual growth of the gross capital formation rising or falling in Solomon Islands?
- Over the last ten years it is up 127.9%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the gross capital formation (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).