Gross capital formation in Solomon Islands
Solomon Islands: Gross capital formation was 347.76 million constant 2015 US$ in 2024. ◆ Volatile
Gross capital formation in Solomon Islands, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross capital formation in Solomon Islands is 347.76 million constant 2015 US$, measured in 2024.
The figure is up 1.9% on the previous year and up 103.9% over ten years.
Over the whole period, gross capital formation in Solomon Islands peaked at 382.00 million constant 2015 US$ in 2021 and was at its lowest, 34.43 million constant 2015 US$, in 1982.
Solomon Islands ranks 149th of 161 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 60.58 million constant 2015 US$ | 34.43 million constant 2015 US$ | 121.82 million constant 2015 US$ | 10 |
| 1990s | 103.74 million constant 2015 US$ | 87.70 million constant 2015 US$ | 150.38 million constant 2015 US$ | 10 |
| 2000s | 122.32 million constant 2015 US$ | 50.33 million constant 2015 US$ | 186.41 million constant 2015 US$ | 10 |
| 2010s | 238.85 million constant 2015 US$ | 170.57 million constant 2015 US$ | 341.03 million constant 2015 US$ | 10 |
| 2020s | 336.64 million constant 2015 US$ | 295.81 million constant 2015 US$ | 382.00 million constant 2015 US$ | 5 |
Countries ranked near Solomon Islands
- 146 Equatorial Guinea 413.16 million constant 2015 US$ compare
- 147 Seychelles 394.30 million constant 2015 US$ compare
- 148 Samoa 348.69 million constant 2015 US$ compare
- 150 Vanuatu 335.30 million constant 2015 US$ compare
- 151 Guinea-Bissau 329.00 million constant 2015 US$ compare
- 152 Central African Republic 317.18 million constant 2015 US$ compare
More economy & growth data for Solomon Islands
- External balance on goods and services as a percent of GDP -30.2% (2024)
- Inflation of consumer prices 3.4% (2025)
- GDP per capita 1,828 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 10.1% (2024)
- Gross domestic product (GDP) 1.53 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 1,828 constant 2015 US$ (2025)
- DEC alternative conversion factor 8.33 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.21 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 145.27 million current US$ (2025)
- Taxes less subsidies on products 266.39 million current LCU (2024)
Frequently asked questions
- What is gross capital formation in Solomon Islands?
- Gross capital formation in Solomon Islands was 347.76 million constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross capital formation recorded in Solomon Islands?
- The highest recorded value was 382.00 million constant 2015 US$ in 2021.
- What is the lowest gross capital formation recorded in Solomon Islands?
- The lowest recorded value was 34.43 million constant 2015 US$ in 1982.
- How does Solomon Islands rank for gross capital formation?
- Solomon Islands ranks 149th out of 161 countries with data for 2024.
- Is gross capital formation rising or falling in Solomon Islands?
- Over the last ten years it is up 103.9%. 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 Gross capital formation (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross capital formation includes acquisitions less disposals of produced assets for purposes of fixed capital formation, inventories or valuables. 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 is 2015. This indicator is expressed in United States dollars.