Gross capital formation (constant 2015 US$), annual growth rate in Solomon Islands
Solomon Islands: Gross capital formation (constant 2015 US$), annual growth rate was 1.88 % change on previous year in 2024. ◆ Volatile
Gross capital formation (constant 2015 US$), annual growth rate in Solomon Islands, 1981–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Solomon Islands recorded 1.88 % change on previous year for gross capital formation (constant 2015 us$), annual growth rate in 2024.
Compared with earlier readings it is down 76.2% on the previous year and up 127.9% over ten years.
Over the whole period, gross capital formation (constant 2015 us$), annual growth rate in Solomon Islands peaked at 85.16 % change on previous year in 2010 and was at its lowest, -41.12 % change on previous year, in 2011.
Solomon Islands ranks 113th of 163 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (constant 2015 US$), annual growth rate in Solomon Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1981 | -1.73 % change on previous year | — |
| 1982 | -1.76 % change on previous year | +1.8% |
| 1983 | 4.04 % change on previous year | -329.0% |
| 1984 | 0 % change on previous year | -100.0% |
| 1985 | -3.02 % change on previous year | — |
| 1986 | 82.67 % change on previous year | -2839.9% |
| 1987 | 82.24 % change on previous year | -0.5% |
| 1988 | -19.23 % change on previous year | -123.4% |
| 1989 | 30.41 % change on previous year | -258.2% |
| 1990 | -16.1 % change on previous year | -152.9% |
| 1991 | -14.2 % change on previous year | -11.8% |
| 1992 | 1.06 % change on previous year | -107.4% |
| 1993 | 21.08 % change on previous year | +1895.8% |
| 1994 | 6.33 % change on previous year | -70.0% |
| 1995 | -10.69 % change on previous year | -268.9% |
| 1996 | -11.97 % change on previous year | +12.0% |
| 1997 | 6.2 % change on previous year | -151.8% |
| 1998 | 57.86 % change on previous year | +833.8% |
| 1999 | -33.37 % change on previous year | -157.7% |
| 2000 | -24.19 % change on previous year | -27.5% |
| 2001 | -5.49 % change on previous year | -77.3% |
| 2002 | -29.89 % change on previous year | +444.7% |
| 2003 | 55.52 % change on previous year | -285.7% |
| 2004 | 15.23 % change on previous year | -72.6% |
| 2005 | 70.95 % change on previous year | +366.0% |
| 2006 | 0.9975 % change on previous year | -98.6% |
| 2007 | 15.06 % change on previous year | +1409.8% |
| 2008 | 4.04 % change on previous year | -73.2% |
| 2009 | -2.83 % change on previous year | -170.1% |
| 2010 | 85.16 % change on previous year | -3108.8% |
| 2011 | -41.12 % change on previous year | -148.3% |
| 2012 | -4.23 % change on previous year | -89.7% |
| 2013 | -3.29 % change on previous year | -22.3% |
| 2014 | -6.74 % change on previous year | +104.8% |
| 2015 | 22.27 % change on previous year | -430.3% |
| 2016 | 4.85 % change on previous year | -78.2% |
| 2017 | 20.62 % change on previous year | +325.3% |
| 2018 | 6.59 % change on previous year | -68.1% |
| 2019 | 21.32 % change on previous year | +223.8% |
| 2020 | -13.26 % change on previous year | -162.2% |
| 2021 | 29.14 % change on previous year | -319.7% |
| 2022 | -17.19 % change on previous year | -159.0% |
| 2023 | 7.91 % change on previous year | -146.0% |
| 2024 | 1.88 % change on previous year | -76.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 19.29 % change on previous year | -19.23 % change on previous year | 82.67 % change on previous year | 9 |
| 1990s | 0.62 % change on previous year | -33.37 % change on previous year | 57.86 % change on previous year | 10 |
| 2000s | 9.94 % change on previous year | -29.89 % change on previous year | 70.95 % change on previous year | 10 |
| 2010s | 10.54 % change on previous year | -41.12 % change on previous year | 85.16 % change on previous year | 10 |
| 2020s | 1.69 % change on previous year | -17.19 % change on previous year | 29.14 % change on previous year | 5 |
Countries ranked near Solomon Islands
- 110 Austria 2.02 % change on previous year compare
- 111 South Sudan 1.99 % change on previous year compare
- 112 China 1.94 % change on previous year compare
- 114 Netherlands 1.82 % change on previous year compare
- 115 Canada 1.45 % change on previous year compare
- 116 Zimbabwe 1.12 % change on previous year 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)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2196 constant 2015 US$ per US$ of GDP (2024)
- Gross capital formation (constant 2015 US$), per capita 424.51 constant 2015 US$ per person (2024)
- Imports of goods and services (current US$), annual growth rate 14.75 % change on previous year (2024)
- Imports of goods and services (current US$), per unit of GDP 0.7078 current US$ per US$ of GDP (2024)
- Imports of goods and services (current US$), per capita 1,369 current US$ per person (2024)
- Imports of goods and services (current LCU), annual growth rate 15.83 % change on previous year (2024)
- Imports of goods and services (current LCU), per unit of GDP 5.98 current LCU per US$ of GDP (2024)
- Imports of goods and services (current LCU), per capita 11,572 current LCU per person (2024)
Frequently asked questions
- What is gross capital formation (constant 2015 us$), annual growth rate in Solomon Islands?
- Gross capital formation (constant 2015 us$), annual growth rate in Solomon Islands was 1.88 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (constant 2015 us$), annual growth rate recorded in Solomon Islands?
- The highest recorded value was 85.16 % change on previous year in 2010.
- What is the lowest gross capital formation (constant 2015 us$), annual growth rate recorded in Solomon Islands?
- The lowest recorded value was -41.12 % change on previous year in 2011.
- How does Solomon Islands rank for gross capital formation (constant 2015 us$), annual growth rate?
- Solomon Islands ranks 113th out of 163 countries with data for 2024.
- Is gross capital formation (constant 2015 us$), annual growth rate 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 Statizoid (derived), published as part of Gross capital formation (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.