Changes in inventories (constant LCU) in Solomon Islands
Solomon Islands: Changes in inventories (constant LCU) was -154.98 million constant LCU in 2024. ◆ Volatile
Changes in inventories in Solomon Islands, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Solomon Islands recorded -154.98 million constant LCU for changes in inventories in 2024. That is the lowest value across all 36 years on record.
The figure is down 5.7% on the previous year and down 30.5% over ten years.
Over the whole period, changes in inventories in Solomon Islands peaked at 80.00 million constant LCU in 1989 and was at its lowest, -154.98 million constant LCU, in 2024.
Solomon Islands ranks 92nd of 118 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Changes in inventories (constant LCU) in Solomon Islands, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1980 | 24.00 million constant LCU | — |
| 1981 | 23.00 million constant LCU | -4.2% |
| 1982 | 23.00 million constant LCU | +0.0% |
| 1983 | 24.00 million constant LCU | +4.3% |
| 1984 | 24.00 million constant LCU | +0.0% |
| 1985 | 23.00 million constant LCU | -4.2% |
| 1986 | 42.00 million constant LCU | +82.6% |
| 1987 | 76.00 million constant LCU | +81.0% |
| 1988 | 62.00 million constant LCU | -18.4% |
| 1989 | 80.00 million constant LCU | +29.0% |
| 1990 | 60.00 million constant LCU | -25.0% |
| 1991 | 37.00 million constant LCU | -38.3% |
| 1992 | 21.00 million constant LCU | -43.2% |
| 1993 | 13.00 million constant LCU | -38.1% |
| 1994 | -12.00 million constant LCU | -192.3% |
| 1995 | 3.00 million constant LCU | -125.0% |
| 1996 | 13.00 million constant LCU | +333.3% |
| 1997 | 8.00 million constant LCU | -38.5% |
| 1998 | 13.00 million constant LCU | +62.5% |
| 1999 | 9.00 million constant LCU | -30.8% |
| 2000 | 7.00 million constant LCU | -22.2% |
| 2001 | 6.00 million constant LCU | -14.3% |
| 2002 | 4.00 million constant LCU | -33.3% |
| 2012 | -120.92 million constant LCU | -3122.9% |
| 2013 | -126.08 million constant LCU | +4.3% |
| 2014 | -118.74 million constant LCU | -5.8% |
| 2015 | -115.42 million constant LCU | -2.8% |
| 2016 | -122.46 million constant LCU | +6.1% |
| 2017 | -127.41 million constant LCU | +4.0% |
| 2018 | -134.52 million constant LCU | +5.6% |
| 2019 | -137.30 million constant LCU | +2.1% |
| 2020 | -134.26 million constant LCU | -2.2% |
| 2021 | -134.54 million constant LCU | +0.2% |
| 2022 | -135.91 million constant LCU | +1.0% |
| 2023 | -146.65 million constant LCU | +7.9% |
| 2024 | -154.98 million constant LCU | +5.7% |
Solomon Islands compared with similar countries
- Solomon Islands's -154.98 million constant LCU is below the median for lower middle income countries, which is 204.46 million constant LCU. (42 countries reporting)
- Solomon Islands's -154.98 million constant LCU is below the median for East Asia & Pacific, which is 119.98 million constant LCU. (24 countries reporting)
Biggest year-on-year movements
Years where Changes in inventories (constant 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 |
|---|---|---|---|
| 2012 | -3122.9% | 4.00 million constant LCU | -120.92 million constant LCU |
| 1996 | +333.3% | 3.00 million constant LCU | 13.00 million constant LCU |
| 1994 | -192.3% | 13.00 million constant LCU | -12.00 million constant LCU |
| 1995 | +125.0% | -12.00 million constant LCU | 3.00 million constant LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 40.10 million constant LCU | 23.00 million constant LCU | 80.00 million constant LCU | 10 |
| 1990s | 16.50 million constant LCU | -12.00 million constant LCU | 60.00 million constant LCU | 10 |
| 2000s | 5.67 million constant LCU | 4.00 million constant LCU | 7.00 million constant LCU | 3 |
| 2010s | -125.36 million constant LCU | -137.30 million constant LCU | -115.42 million constant LCU | 8 |
| 2020s | -141.27 million constant LCU | -154.98 million constant LCU | -134.26 million constant LCU | 5 |
Countries ranked near Solomon Islands
- 89 El Salvador -24.88 million constant LCU compare
- 90 United States Virgin Islands -29.00 million constant LCU compare
- 91 Belize -86.85 million constant LCU compare
- 93 Oman -263.60 million constant LCU compare
- 94 Lesotho -269.00 million constant LCU compare
- 95 Peru -680.00 million constant LCU 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 changes in inventories in Solomon Islands?
- Changes in inventories in Solomon Islands was -154.98 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest changes in inventories recorded in Solomon Islands?
- The highest recorded value was 80.00 million constant LCU in 1989.
- What is the lowest changes in inventories recorded in Solomon Islands?
- The lowest recorded value was -154.98 million constant LCU in 2024.
- How does Solomon Islands rank for changes in inventories?
- Solomon Islands ranks 92nd out of 118 countries with data for 2024.
- Is changes in inventories rising or falling in Solomon Islands?
- Over the last ten years it is down 30.5%. The long-run trend across the full record is volatile.
- 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 Changes in inventories (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.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.