Gross capital formation (constant 2015 US$), per unit of GDP in Solomon Islands
Solomon Islands: Gross capital formation (constant 2015 US$), per unit of GDP was 0.2196 constant 2015 US$ per US$ of GDP in 2024. ◆ Volatile
Gross capital formation (constant 2015 US$), per unit of GDP in Solomon Islands, 1980–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
Solomon Islands recorded 0.2196 constant 2015 US$ per US$ of GDP for gross capital formation (constant 2015 us$), per unit of gdp in 2024.
Compared with earlier readings it is down 3.1% on the previous year and up 71.9% over ten years.
Over the whole period, gross capital formation (constant 2015 us$), per unit of gdp in Solomon Islands peaked at 0.7455 constant 2015 US$ per US$ of GDP in 1987 and was at its lowest, 0.1277 constant 2015 US$ per US$ of GDP, in 2014.
Solomon Islands ranks 59th 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$), per unit of GDP in Solomon Islands, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1980 | 0.195 constant 2015 US$ per US$ of GDP | — |
| 1981 | 0.1809 constant 2015 US$ per US$ of GDP | -7.3% |
| 1982 | 0.1785 constant 2015 US$ per US$ of GDP | -1.3% |
| 1983 | 0.1977 constant 2015 US$ per US$ of GDP | +10.7% |
| 1984 | 0.1973 constant 2015 US$ per US$ of GDP | -0.2% |
| 1985 | 0.2099 constant 2015 US$ per US$ of GDP | +6.4% |
| 1986 | 0.4299 constant 2015 US$ per US$ of GDP | +104.8% |
| 1987 | 0.7455 constant 2015 US$ per US$ of GDP | +73.4% |
| 1988 | 0.5292 constant 2015 US$ per US$ of GDP | -29.0% |
| 1989 | 0.7046 constant 2015 US$ per US$ of GDP | +33.1% |
| 1990 | 0.4757 constant 2015 US$ per US$ of GDP | -32.5% |
| 1991 | 0.3854 constant 2015 US$ per US$ of GDP | -19.0% |
| 1992 | 0.3294 constant 2015 US$ per US$ of GDP | -14.5% |
| 1993 | 0.3568 constant 2015 US$ per US$ of GDP | +8.3% |
| 1994 | 0.2832 constant 2015 US$ per US$ of GDP | -20.6% |
| 1995 | 0.2171 constant 2015 US$ per US$ of GDP | -23.4% |
| 1996 | 0.1757 constant 2015 US$ per US$ of GDP | -19.1% |
| 1997 | 0.1809 constant 2015 US$ per US$ of GDP | +3.0% |
| 1998 | 0.3286 constant 2015 US$ per US$ of GDP | +81.7% |
| 1999 | 0.2053 constant 2015 US$ per US$ of GDP | -37.5% |
| 2000 | 0.1809 constant 2015 US$ per US$ of GDP | -11.9% |
| 2001 | 0.1753 constant 2015 US$ per US$ of GDP | -3.1% |
| 2002 | 0.1453 constant 2015 US$ per US$ of GDP | -17.1% |
| 2003 | 0.1874 constant 2015 US$ per US$ of GDP | +29.0% |
| 2004 | 0.1927 constant 2015 US$ per US$ of GDP | +2.8% |
| 2005 | 0.2789 constant 2015 US$ per US$ of GDP | +44.7% |
| 2006 | 0.2523 constant 2015 US$ per US$ of GDP | -9.5% |
| 2007 | 0.2577 constant 2015 US$ per US$ of GDP | +2.1% |
| 2008 | 0.2401 constant 2015 US$ per US$ of GDP | -6.8% |
| 2009 | 0.2249 constant 2015 US$ per US$ of GDP | -6.4% |
| 2010 | 0.3734 constant 2015 US$ per US$ of GDP | +66.1% |
| 2011 | 0.1856 constant 2015 US$ per US$ of GDP | -50.3% |
| 2012 | 0.1596 constant 2015 US$ per US$ of GDP | -14.0% |
| 2013 | 0.1422 constant 2015 US$ per US$ of GDP | -10.9% |
| 2014 | 0.1277 constant 2015 US$ per US$ of GDP | -10.2% |
| 2015 | 0.1594 constant 2015 US$ per US$ of GDP | +24.9% |
| 2016 | 0.1585 constant 2015 US$ per US$ of GDP | -0.6% |
| 2017 | 0.1794 constant 2015 US$ per US$ of GDP | +13.2% |
| 2018 | 0.174 constant 2015 US$ per US$ of GDP | -3.0% |
| 2019 | 0.2106 constant 2015 US$ per US$ of GDP | +21.0% |
| 2020 | 0.1926 constant 2015 US$ per US$ of GDP | -8.6% |
| 2021 | 0.2451 constant 2015 US$ per US$ of GDP | +27.3% |
| 2022 | 0.2157 constant 2015 US$ per US$ of GDP | -12.0% |
| 2023 | 0.2266 constant 2015 US$ per US$ of GDP | +5.1% |
| 2024 | 0.2196 constant 2015 US$ per US$ of GDP | -3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.3568 constant 2015 US$ per US$ of GDP | 0.1785 constant 2015 US$ per US$ of GDP | 0.7455 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 0.2938 constant 2015 US$ per US$ of GDP | 0.1757 constant 2015 US$ per US$ of GDP | 0.4757 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 0.2136 constant 2015 US$ per US$ of GDP | 0.1453 constant 2015 US$ per US$ of GDP | 0.2789 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.1871 constant 2015 US$ per US$ of GDP | 0.1277 constant 2015 US$ per US$ of GDP | 0.3734 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.2199 constant 2015 US$ per US$ of GDP | 0.1926 constant 2015 US$ per US$ of GDP | 0.2451 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Solomon Islands
- 56 Kosovo 0.2239 constant 2015 US$ per US$ of GDP compare
- 56 Kosovo (UNSCR 1244) 0.2239 constant 2015 US$ per US$ of GDP compare
- 58 Dominican Republic 0.2203 constant 2015 US$ per US$ of GDP compare
- 60 Sweden 0.2174 constant 2015 US$ per US$ of GDP compare
- 61 Mozambique 0.2165 constant 2015 US$ per US$ of GDP compare
- 62 Somalia 0.2163 constant 2015 US$ per US$ of GDP 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$), annual growth rate 1.88 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), 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$), per unit of gdp in Solomon Islands?
- Gross capital formation (constant 2015 us$), per unit of gdp in Solomon Islands was 0.2196 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (constant 2015 us$), per unit of gdp recorded in Solomon Islands?
- The highest recorded value was 0.7455 constant 2015 US$ per US$ of GDP in 1987.
- What is the lowest gross capital formation (constant 2015 us$), per unit of gdp recorded in Solomon Islands?
- The lowest recorded value was 0.1277 constant 2015 US$ per US$ of GDP in 2014.
- How does Solomon Islands rank for gross capital formation (constant 2015 us$), per unit of gdp?
- Solomon Islands ranks 59th out of 163 countries with data for 2024.
- Is gross capital formation (constant 2015 us$), per unit of gdp rising or falling in Solomon Islands?
- Over the last ten years it is up 71.9%. 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross capital formation (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross capital formation (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.