GDP Deflator — Value Standard Local Currency, 2015 prices in Solomon Islands
Solomon Islands: GDP Deflator — Value Standard Local Currency, 2015 prices was 115.92 SLC in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices in Solomon Islands, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Solomon Islands recorded 115.92 SLC for gdp deflator — value standard local currency, 2015 prices in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 4.4% on the previous year and up 19.8% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Solomon Islands peaked at 115.92 SLC in 2024 and was at its lowest, 2.02 SLC, in 1970.
Solomon Islands ranks 167th of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value Standard Local Currency, 2015 prices in Solomon Islands, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 2.02 SLC | — |
| 1971 | 2.05 SLC | +1.4% |
| 1972 | 2.07 SLC | +1.1% |
| 1973 | 2.14 SLC | +3.3% |
| 1974 | 2.54 SLC | +18.8% |
| 1975 | 2.71 SLC | +6.5% |
| 1976 | 2.84 SLC | +4.9% |
| 1977 | 3.17 SLC | +11.5% |
| 1978 | 3.37 SLC | +6.5% |
| 1979 | 3.64 SLC | +7.9% |
| 1980 | 4.11 SLC | +12.8% |
| 1981 | 4.55 SLC | +10.6% |
| 1982 | 5.18 SLC | +14.0% |
| 1983 | 4.98 SLC | -3.9% |
| 1984 | 7.28 SLC | +46.3% |
| 1985 | 7.57 SLC | +3.9% |
| 1986 | 8.13 SLC | +7.4% |
| 1987 | 9.21 SLC | +13.3% |
| 1988 | 10.96 SLC | +19.0% |
| 1989 | 10.74 SLC | -2.0% |
| 1990 | 13.78 SLC | +28.3% |
| 1991 | 15.27 SLC | +10.9% |
| 1992 | 17.49 SLC | +14.5% |
| 1993 | 20.32 SLC | +16.1% |
| 1994 | 21.95 SLC | +8.1% |
| 1995 | 23.55 SLC | +7.3% |
| 1996 | 26.84 SLC | +13.9% |
| 1997 | 28.83 SLC | +7.4% |
| 1998 | 31.76 SLC | +10.2% |
| 1999 | 34.38 SLC | +8.2% |
| 2000 | 37.5 SLC | +9.1% |
| 2001 | 41.81 SLC | +11.5% |
| 2002 | 44.99 SLC | +7.6% |
| 2003 | 53.99 SLC | +20.0% |
| 2004 | 56.02 SLC | +3.8% |
| 2005 | 62.02 SLC | +10.7% |
| 2006 | 67.19 SLC | +8.3% |
| 2007 | 73.43 SLC | +9.3% |
| 2008 | 78.16 SLC | +6.4% |
| 2009 | 81.96 SLC | +4.9% |
| 2010 | 83.39 SLC | +1.7% |
| 2011 | 87.13 SLC | +4.5% |
| 2012 | 91.28 SLC | +4.8% |
| 2013 | 93.33 SLC | +2.2% |
| 2014 | 96.75 SLC | +3.7% |
| 2015 | 100 SLC | +3.4% |
| 2016 | 100.34 SLC | +0.3% |
| 2017 | 102.93 SLC | +2.6% |
| 2018 | 111.02 SLC | +7.9% |
| 2019 | 112.4 SLC | +1.2% |
| 2020 | 110.91 SLC | -1.3% |
| 2021 | 104.8 SLC | -5.5% |
| 2022 | 106.91 SLC | +2.0% |
| 2023 | 111.07 SLC | +3.9% |
| 2024 | 115.92 SLC | +4.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.66 SLC | 2.02 SLC | 3.64 SLC | 10 |
| 1980s | 7.27 SLC | 4.11 SLC | 10.96 SLC | 10 |
| 1990s | 23.42 SLC | 13.78 SLC | 34.38 SLC | 10 |
| 2000s | 59.71 SLC | 37.5 SLC | 81.96 SLC | 10 |
| 2010s | 97.86 SLC | 83.39 SLC | 112.4 SLC | 10 |
| 2020s | 109.92 SLC | 104.8 SLC | 115.92 SLC | 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)
- GDP (constant 2015 US$), annual growth rate 3.62 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8764 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 1,828 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 3.62 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 6.32 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 13,194 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate -74.91 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP -0.081 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Solomon Islands?
- Gdp deflator — value standard local currency, 2015 prices in Solomon Islands was 115.92 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Solomon Islands?
- The highest recorded value was 115.92 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Solomon Islands?
- The lowest recorded value was 2.02 SLC in 1970.
- How does Solomon Islands rank for gdp deflator — value standard local currency, 2015 prices?
- Solomon Islands ranks 167th out of 194 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Solomon Islands?
- Over the last ten years it is up 19.8%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).