Gross capital formation (constant LCU), per unit of GDP in Solomon Islands
Solomon Islands: Gross capital formation (constant LCU), per unit of GDP was 1.48 constant LCU per US$ of GDP in 2024. ◆ Volatile
Gross capital formation (constant LCU), per unit of GDP in Solomon Islands, 1980–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2024, gross capital formation (constant lcu), per unit of gdp in Solomon Islands stood at 1.48 constant LCU per US$ of GDP.
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 lcu), per unit of gdp in Solomon Islands peaked at 5.02 constant LCU per US$ of GDP in 1987 and was at its lowest, 0.8605 constant LCU per US$ of GDP, in 2014.
Solomon Islands ranks 89th of 170 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 LCU), per unit of GDP in Solomon Islands, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1980 | 1.31 constant LCU per US$ of GDP | — |
| 1981 | 1.22 constant LCU per US$ of GDP | -7.3% |
| 1982 | 1.2 constant LCU per US$ of GDP | -1.3% |
| 1983 | 1.33 constant LCU per US$ of GDP | +10.7% |
| 1984 | 1.33 constant LCU per US$ of GDP | -0.2% |
| 1985 | 1.41 constant LCU per US$ of GDP | +6.4% |
| 1986 | 2.9 constant LCU per US$ of GDP | +104.8% |
| 1987 | 5.02 constant LCU per US$ of GDP | +73.4% |
| 1988 | 3.57 constant LCU per US$ of GDP | -29.0% |
| 1989 | 4.75 constant LCU per US$ of GDP | +33.1% |
| 1990 | 3.21 constant LCU per US$ of GDP | -32.5% |
| 1991 | 2.6 constant LCU per US$ of GDP | -19.0% |
| 1992 | 2.22 constant LCU per US$ of GDP | -14.5% |
| 1993 | 2.4 constant LCU per US$ of GDP | +8.3% |
| 1994 | 1.91 constant LCU per US$ of GDP | -20.6% |
| 1995 | 1.46 constant LCU per US$ of GDP | -23.4% |
| 1996 | 1.18 constant LCU per US$ of GDP | -19.1% |
| 1997 | 1.22 constant LCU per US$ of GDP | +3.0% |
| 1998 | 2.21 constant LCU per US$ of GDP | +81.7% |
| 1999 | 1.38 constant LCU per US$ of GDP | -37.5% |
| 2000 | 1.22 constant LCU per US$ of GDP | -11.9% |
| 2001 | 1.18 constant LCU per US$ of GDP | -3.1% |
| 2002 | 0.979 constant LCU per US$ of GDP | -17.1% |
| 2003 | 1.26 constant LCU per US$ of GDP | +29.0% |
| 2004 | 1.3 constant LCU per US$ of GDP | +2.8% |
| 2005 | 1.88 constant LCU per US$ of GDP | +44.7% |
| 2006 | 1.7 constant LCU per US$ of GDP | -9.5% |
| 2007 | 1.74 constant LCU per US$ of GDP | +2.1% |
| 2008 | 1.62 constant LCU per US$ of GDP | -6.8% |
| 2009 | 1.52 constant LCU per US$ of GDP | -6.4% |
| 2010 | 2.52 constant LCU per US$ of GDP | +66.1% |
| 2011 | 1.25 constant LCU per US$ of GDP | -50.3% |
| 2012 | 1.08 constant LCU per US$ of GDP | -14.0% |
| 2013 | 0.9583 constant LCU per US$ of GDP | -10.9% |
| 2014 | 0.8605 constant LCU per US$ of GDP | -10.2% |
| 2015 | 1.07 constant LCU per US$ of GDP | +24.9% |
| 2016 | 1.07 constant LCU per US$ of GDP | -0.6% |
| 2017 | 1.21 constant LCU per US$ of GDP | +13.2% |
| 2018 | 1.17 constant LCU per US$ of GDP | -3.0% |
| 2019 | 1.42 constant LCU per US$ of GDP | +21.0% |
| 2020 | 1.3 constant LCU per US$ of GDP | -8.6% |
| 2021 | 1.65 constant LCU per US$ of GDP | +27.3% |
| 2022 | 1.45 constant LCU per US$ of GDP | -12.0% |
| 2023 | 1.53 constant LCU per US$ of GDP | +5.1% |
| 2024 | 1.48 constant LCU per US$ of GDP | -3.1% |
Biggest year-on-year movements
Years where Gross capital formation (constant LCU), per unit of GDP 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 |
|---|---|---|---|
| 1986 | +104.8% | 1.41 constant LCU per US$ of GDP | 2.9 constant LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.4 constant LCU per US$ of GDP | 1.2 constant LCU per US$ of GDP | 5.02 constant LCU per US$ of GDP | 10 |
| 1990s | 1.98 constant LCU per US$ of GDP | 1.18 constant LCU per US$ of GDP | 3.21 constant LCU per US$ of GDP | 10 |
| 2000s | 1.44 constant LCU per US$ of GDP | 0.979 constant LCU per US$ of GDP | 1.88 constant LCU per US$ of GDP | 10 |
| 2010s | 1.26 constant LCU per US$ of GDP | 0.8605 constant LCU per US$ of GDP | 2.52 constant LCU per US$ of GDP | 10 |
| 2020s | 1.48 constant LCU per US$ of GDP | 1.3 constant LCU per US$ of GDP | 1.65 constant LCU per US$ of GDP | 5 |
Countries ranked near Solomon Islands
- 86 Qatar 1.75 constant LCU per US$ of GDP compare
- 87 Honduras 1.59 constant LCU per US$ of GDP compare
- 88 South Africa 1.53 constant LCU per US$ of GDP compare
- 90 Denmark 1.22 constant LCU per US$ of GDP compare
- 91 Saudi Arabia 1.18 constant LCU per US$ of GDP compare
- 92 Bolivia 1.06 constant LCU 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)
- 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$), annual growth rate -0.3505 % change on previous year (2024)
Frequently asked questions
- What is gross capital formation (constant lcu), per unit of gdp in Solomon Islands?
- Gross capital formation (constant lcu), per unit of gdp in Solomon Islands was 1.48 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (constant lcu), per unit of gdp recorded in Solomon Islands?
- The highest recorded value was 5.02 constant LCU per US$ of GDP in 1987.
- What is the lowest gross capital formation (constant lcu), per unit of gdp recorded in Solomon Islands?
- The lowest recorded value was 0.8605 constant LCU per US$ of GDP in 2014.
- How does Solomon Islands rank for gross capital formation (constant lcu), per unit of gdp?
- Solomon Islands ranks 89th out of 170 countries with data for 2024.
- Is gross capital formation (constant lcu), 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 LCU), 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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant LCU) ÷ GDP (current US$)
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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.