Changes in inventories in Solomon Islands
Solomon Islands: Changes in inventories was -232,600 current LCU in 2024. ◆ Volatile
Changes in inventories in Solomon Islands, 1980–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for changes in inventories in Solomon Islands is -232,600 current LCU, measured in 2024.
Compared with earlier readings it is up 99.3% on the previous year and up 99.8% over ten years.
Over the whole period, changes in inventories in Solomon Islands peaked at 299.33 million current LCU in 2019 and was at its lowest, -263.21 million current LCU, in 2020.
That places Solomon Islands 141st out of 186 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Changes in inventories in Solomon Islands, year by year
| Year | current LCU | Change |
|---|---|---|
| 1980 | -2.00 million current LCU | — |
| 1981 | -2.00 million current LCU | -0.0% |
| 1982 | -2.00 million current LCU | -0.0% |
| 1983 | -2.00 million current LCU | -0.0% |
| 1984 | -3.00 million current LCU | +50.0% |
| 1985 | -3.00 million current LCU | -0.0% |
| 1986 | -5.00 million current LCU | +66.7% |
| 1987 | -10.00 million current LCU | +100.0% |
| 1988 | -10.00 million current LCU | -0.0% |
| 1989 | -13.00 million current LCU | +30.0% |
| 1990 | -12.00 million current LCU | -7.7% |
| 1991 | -17.00 million current LCU | +41.7% |
| 1992 | -19.00 million current LCU | +11.8% |
| 1993 | -26.00 million current LCU | +36.8% |
| 1994 | -27.00 million current LCU | +3.8% |
| 1995 | -17.00 million current LCU | -37.0% |
| 1996 | -14.00 million current LCU | -17.6% |
| 2002 | -1.00 million current LCU | -92.9% |
| 2012 | -120.92 million current LCU | +11991.7% |
| 2013 | -89.40 million current LCU | -26.1% |
| 2014 | -126.71 million current LCU | +41.7% |
| 2015 | -2.94 million current LCU | -97.7% |
| 2016 | 144.68 million current LCU | -5021.7% |
| 2017 | 165.49 million current LCU | +14.4% |
| 2018 | 234.44 million current LCU | +41.7% |
| 2019 | 299.33 million current LCU | +27.7% |
| 2020 | -263.21 million current LCU | -187.9% |
| 2021 | -225.41 million current LCU | -14.4% |
| 2022 | -133.13 million current LCU | -40.9% |
| 2023 | -31.22 million current LCU | -76.6% |
| 2024 | -232,600 current LCU | -99.3% |
Solomon Islands compared with similar countries
- Solomon Islands's -232,600 current LCU is below the median for lower middle income countries, which is 360.00 million current LCU. (43 countries reporting)
- Solomon Islands's -232,600 current LCU is below the median for East Asia & Pacific, which is 43.12 million current LCU. (30 countries reporting)
Biggest year-on-year movements
Years where Changes in inventories 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 | -11991.7% | -1.00 million current LCU | -120.92 million current LCU |
| 2016 | +5021.7% | -2.94 million current LCU | 144.68 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -5.20 million current LCU | -13.00 million current LCU | -2.00 million current LCU | 10 |
| 1990s | -18.86 million current LCU | -27.00 million current LCU | -12.00 million current LCU | 7 |
| 2000s | -1.00 million current LCU | -1.00 million current LCU | -1.00 million current LCU | 1 |
| 2010s | 63.00 million current LCU | -126.71 million current LCU | 299.33 million current LCU | 8 |
| 2020s | -130.64 million current LCU | -263.21 million current LCU | -232,600 current LCU | 5 |
Countries ranked near Solomon Islands
- 142 Palau -2.80 million current LCU compare
- 143 Marshall Islands -4.96 million current LCU compare
- 144 San Marino -5.62 million current LCU 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 changes in inventories in Solomon Islands?
- Changes in inventories in Solomon Islands was -232,600 current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest changes in inventories recorded in Solomon Islands?
- The highest recorded value was 299.33 million current LCU in 2019.
- What is the lowest changes in inventories recorded in Solomon Islands?
- The lowest recorded value was -263.21 million current LCU in 2020.
- How does Solomon Islands rank for changes in inventories?
- Solomon Islands ranks 141st out of 186 countries with data for 2024.
- Is changes in inventories rising or falling in Solomon Islands?
- Over the last ten years it is up 99.8%. 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 Offices (NSOs), published as part of Changes in inventories (current LCU). Statizoid updates them automatically from the source API.
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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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.