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
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 175 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% |
Solomon Islands compared with similar countries
- Solomon Islands's 1.9% is below the median for lower middle income countries, which is 2.8%, 66% of the median. (38 countries reporting)
- Solomon Islands's 1.9% is below the median for East Asia & Pacific, which is 3.1%, 61% of the median. (22 countries reporting)
Biggest year-on-year movements
Years where Annual growth of the gross capital formation (%) 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 |
|---|---|---|---|
| 2010 | +3109.0% | -2.8% | 85.2% |
| 2007 | +1409.7% | 1.0% | 15.1% |
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 Russia 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
- Real gdp growth, annual growth rate 5.53 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -99.65 % change on previous year (2024)
- SDRs holdings, US dollar, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 7.33 units per person (2025)
- SDRs holdings, SDR, annual growth rate -99.64 % change on previous year (2024)
- SDRs holdings, SDR, per unit of GDP 0.0026 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 5.36 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -12.23 % change on previous year (2025)
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 175 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.
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