Gross Domestic Product — Value Standard Local Currency, 2015 prices in Solomon Islands
Solomon Islands: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 12,629 million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Solomon Islands, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Solomon Islands stood at 12,629 million SLC. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 2.5% on the previous year and up 24.0% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Solomon Islands peaked at 12,629 million SLC in 2024 and was at its lowest, 1,415 million SLC, in 1970.
That places Solomon Islands 160th out of 194 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 Domestic Product — Value Standard Local Currency, 2015 prices in Solomon Islands, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 1,415 million SLC | — |
| 1971 | 1,487 million SLC | +5.1% |
| 1972 | 1,524 million SLC | +2.4% |
| 1973 | 1,662 million SLC | +9.1% |
| 1974 | 2,000 million SLC | +20.3% |
| 1975 | 1,827 million SLC | -8.7% |
| 1976 | 2,076 million SLC | +13.6% |
| 1977 | 2,319 million SLC | +11.7% |
| 1978 | 2,543 million SLC | +9.7% |
| 1979 | 3,095 million SLC | +21.7% |
| 1980 | 2,899 million SLC | -6.3% |
| 1981 | 3,093 million SLC | +6.7% |
| 1982 | 3,059 million SLC | -1.1% |
| 1983 | 2,840 million SLC | -7.2% |
| 1984 | 3,043 million SLC | +7.2% |
| 1985 | 3,129 million SLC | +2.8% |
| 1986 | 3,106 million SLC | -0.7% |
| 1987 | 3,178 million SLC | +2.3% |
| 1988 | 3,349 million SLC | +5.4% |
| 1989 | 3,579 million SLC | +6.9% |
| 1990 | 3,819 million SLC | +6.7% |
| 1991 | 3,917 million SLC | +2.6% |
| 1992 | 4,362 million SLC | +11.4% |
| 1993 | 4,436 million SLC | +1.7% |
| 1994 | 4,794 million SLC | +8.1% |
| 1995 | 5,446 million SLC | +13.6% |
| 1996 | 5,714 million SLC | +4.9% |
| 1997 | 5,799 million SLC | +1.5% |
| 1998 | 6,180 million SLC | +6.6% |
| 1999 | 6,282 million SLC | +1.7% |
| 2000 | 5,566 million SLC | -11.4% |
| 2001 | 5,290 million SLC | -5.0% |
| 2002 | 5,312 million SLC | +0.4% |
| 2003 | 5,807 million SLC | +9.3% |
| 2004 | 6,253 million SLC | +7.7% |
| 2005 | 6,713 million SLC | +7.4% |
| 2006 | 6,991 million SLC | +4.1% |
| 2007 | 7,245 million SLC | +3.6% |
| 2008 | 7,696 million SLC | +6.2% |
| 2009 | 7,917 million SLC | +2.9% |
| 2010 | 8,685 million SLC | +9.7% |
| 2011 | 9,331 million SLC | +7.4% |
| 2012 | 9,551 million SLC | +2.4% |
| 2013 | 10,061 million SLC | +5.3% |
| 2014 | 10,181 million SLC | +1.2% |
| 2015 | 10,352 million SLC | +1.7% |
| 2016 | 10,927 million SLC | +5.6% |
| 2017 | 11,263 million SLC | +3.1% |
| 2018 | 11,572 million SLC | +2.7% |
| 2019 | 11,774 million SLC | +1.7% |
| 2020 | 11,376 million SLC | -3.4% |
| 2021 | 11,668 million SLC | +2.6% |
| 2022 | 11,948 million SLC | +2.4% |
| 2023 | 12,316 million SLC | +3.1% |
| 2024 | 12,629 million SLC | +2.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,995 million SLC | 1,415 million SLC | 3,095 million SLC | 10 |
| 1980s | 3,128 million SLC | 2,840 million SLC | 3,579 million SLC | 10 |
| 1990s | 5,075 million SLC | 3,819 million SLC | 6,282 million SLC | 10 |
| 2000s | 6,479 million SLC | 5,290 million SLC | 7,917 million SLC | 10 |
| 2010s | 10,370 million SLC | 8,685 million SLC | 11,774 million SLC | 10 |
| 2020s | 11,988 million SLC | 11,376 million SLC | 12,629 million SLC | 5 |
Countries ranked near Solomon Islands
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)
- Exports of goods and services (current LCU), annual growth rate 18.78 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 3.43 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 6,632 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 7.83 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.4042 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 781.45 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate -4.68 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.1946 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Solomon Islands?
- Gross domestic product — value standard local currency, 2015 prices in Solomon Islands was 12,629 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Solomon Islands?
- The highest recorded value was 12,629 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Solomon Islands?
- The lowest recorded value was 1,415 million SLC in 1970.
- How does Solomon Islands rank for gross domestic product — value standard local currency, 2015 prices?
- Solomon Islands ranks 160th out of 194 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Solomon Islands?
- Over the last ten years it is up 24.0%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).