Gross capital formation (current LCU), annual growth rate in Solomon Islands
Solomon Islands: Gross capital formation (current LCU), annual growth rate was -2.67 % change on previous year in 2024. ◆ Volatile
Gross capital formation (current LCU), annual growth rate in Solomon Islands, 1981–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross capital formation (current lcu), annual growth rate in Solomon Islands is -2.67 % change on previous year, measured in 2024.
The figure is down 137.0% on the previous year and up 71.9% over ten years.
Over the whole period, gross capital formation (current lcu), annual growth rate in Solomon Islands peaked at 105.88 % change on previous year in 1987 and was at its lowest, -29.75 % change on previous year, in 2020.
That places Solomon Islands 165th out of 186 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current LCU), annual growth rate in Solomon Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1981 | 20 % change on previous year | — |
| 1982 | 16.67 % change on previous year | -16.7% |
| 1983 | 14.29 % change on previous year | -14.3% |
| 1984 | 0 % change on previous year | -100.0% |
| 1985 | 12.5 % change on previous year | — |
| 1986 | 88.89 % change on previous year | +611.1% |
| 1987 | 105.88 % change on previous year | +19.1% |
| 1988 | -5.71 % change on previous year | -105.4% |
| 1989 | 36.36 % change on previous year | -736.4% |
| 1990 | -8.89 % change on previous year | -124.4% |
| 1991 | 43.9 % change on previous year | -593.9% |
| 1992 | 5.08 % change on previous year | -88.4% |
| 1993 | 40.32 % change on previous year | +693.0% |
| 1994 | 4.6 % change on previous year | -88.6% |
| 1995 | -7.69 % change on previous year | -267.3% |
| 1996 | 23.81 % change on previous year | -409.5% |
| 1997 | 24.04 % change on previous year | +1.0% |
| 1998 | 23.26 % change on previous year | -3.3% |
| 1999 | 2.52 % change on previous year | -89.2% |
| 2000 | 0 % change on previous year | -100.0% |
| 2001 | 4.91 % change on previous year | — |
| 2002 | -18.71 % change on previous year | -481.3% |
| 2003 | 103.78 % change on previous year | -654.6% |
| 2004 | 22.67 % change on previous year | -78.2% |
| 2005 | 51 % change on previous year | +125.0% |
| 2006 | 4.26 % change on previous year | -91.7% |
| 2007 | 27.43 % change on previous year | +544.4% |
| 2008 | 15.45 % change on previous year | -43.7% |
| 2009 | 3.14 % change on previous year | -79.6% |
| 2010 | 56.59 % change on previous year | +1700.3% |
| 2011 | -6.05 % change on previous year | -110.7% |
| 2012 | 4.36 % change on previous year | -172.1% |
| 2013 | 7.93 % change on previous year | +81.7% |
| 2014 | -9.49 % change on previous year | -219.7% |
| 2015 | 32.6 % change on previous year | -443.4% |
| 2016 | 14.37 % change on previous year | -55.9% |
| 2017 | 20.13 % change on previous year | +40.1% |
| 2018 | 8.43 % change on previous year | -58.1% |
| 2019 | 22.16 % change on previous year | +163.0% |
| 2020 | -29.75 % change on previous year | -234.3% |
| 2021 | 33.35 % change on previous year | -212.1% |
| 2022 | -11.25 % change on previous year | -133.7% |
| 2023 | 7.21 % change on previous year | -164.1% |
| 2024 | -2.67 % change on previous year | -137.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 32.1 % change on previous year | -5.71 % change on previous year | 105.88 % change on previous year | 9 |
| 1990s | 15.09 % change on previous year | -8.89 % change on previous year | 43.9 % change on previous year | 10 |
| 2000s | 21.39 % change on previous year | -18.71 % change on previous year | 103.78 % change on previous year | 10 |
| 2010s | 15.1 % change on previous year | -9.49 % change on previous year | 56.59 % change on previous year | 10 |
| 2020s | -0.62 % change on previous year | -29.75 % change on previous year | 33.35 % change on previous year | 5 |
Countries ranked near Solomon Islands
- 162 Dominican Republic -2.38 % change on previous year compare
- 163 Malaysia -2.42 % change on previous year compare
- 164 Trinidad and Tobago -2.42 % change on previous year compare
- 166 Iraq -3.09 % change on previous year compare
- 167 Seychelles -4.66 % change on previous year compare
- 168 Oman -5.96 % 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 (current US$), annual growth rate -3.58 % change on previous year (2024)
- Gross capital formation (current US$), per unit of GDP 0.1946 current US$ per US$ of GDP (2024)
- Gross capital formation (current US$), per capita 376.25 current US$ per person (2024)
- Gross capital formation (current LCU), per unit of GDP 1.65 current LCU per US$ of GDP (2024)
- Gross capital formation (current LCU), per capita 3,181 current LCU per person (2024)
- Gross capital formation (constant 2015 US$), annual growth rate 1.88 % change on previous year (2024)
- Gross capital formation (constant 2015 US$), 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)
Frequently asked questions
- What is gross capital formation (current lcu), annual growth rate in Solomon Islands?
- Gross capital formation (current lcu), annual growth rate in Solomon Islands was -2.67 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), annual growth rate recorded in Solomon Islands?
- The highest recorded value was 105.88 % change on previous year in 1987.
- What is the lowest gross capital formation (current lcu), annual growth rate recorded in Solomon Islands?
- The lowest recorded value was -29.75 % change on previous year in 2020.
- How does Solomon Islands rank for gross capital formation (current lcu), annual growth rate?
- Solomon Islands ranks 165th out of 186 countries with data for 2024.
- Is gross capital formation (current lcu), annual growth rate 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 44 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross capital formation (current LCU). 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 (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.