Gross domestic savings (current LCU), per unit of GDP in Solomon Islands
Solomon Islands: Gross domestic savings (current LCU), per unit of GDP was -0.6853 current LCU per US$ of GDP in 2024. ◆ Volatile
Gross domestic savings (current LCU), per unit of GDP in Solomon Islands, 1980–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Solomon Islands recorded -0.6853 current LCU per US$ of GDP for gross domestic savings (current lcu), per unit of gdp in 2024.
Compared with earlier readings it is down 67.9% on the previous year and down 265.7% over ten years.
Over the whole period, gross domestic savings (current lcu), per unit of gdp in Solomon Islands peaked at 1.23 current LCU per US$ of GDP in 2003 and was at its lowest, -2.08 current LCU per US$ of GDP, in 1988.
That places Solomon Islands 170th out of 187 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 savings (current LCU), per unit of GDP in Solomon Islands, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1980 | -1.07 current LCU per US$ of GDP | — |
| 1981 | -1.12 current LCU per US$ of GDP | +5.1% |
| 1982 | -1.25 current LCU per US$ of GDP | +11.2% |
| 1983 | -1.48 current LCU per US$ of GDP | +18.5% |
| 1984 | -1.64 current LCU per US$ of GDP | +10.9% |
| 1985 | -1.91 current LCU per US$ of GDP | +16.4% |
| 1986 | -1.37 current LCU per US$ of GDP | -28.3% |
| 1987 | -0.775 current LCU per US$ of GDP | -43.3% |
| 1988 | -2.08 current LCU per US$ of GDP | +167.9% |
| 1989 | -1.84 current LCU per US$ of GDP | -11.5% |
| 1990 | -1.27 current LCU per US$ of GDP | -30.9% |
| 1991 | -1.57 current LCU per US$ of GDP | +23.8% |
| 1992 | -0.8409 current LCU per US$ of GDP | -46.4% |
| 1993 | -1.28 current LCU per US$ of GDP | +52.7% |
| 1994 | -0.8766 current LCU per US$ of GDP | -31.8% |
| 1995 | -0.4732 current LCU per US$ of GDP | -46.0% |
| 1996 | -0.6269 current LCU per US$ of GDP | +32.5% |
| 1997 | -0.4688 current LCU per US$ of GDP | -25.2% |
| 1998 | 0.1017 current LCU per US$ of GDP | -121.7% |
| 1999 | 0.3179 current LCU per US$ of GDP | +212.5% |
| 2000 | -0.375 current LCU per US$ of GDP | -218.0% |
| 2001 | -1.17 current LCU per US$ of GDP | +211.0% |
| 2002 | -0.3181 current LCU per US$ of GDP | -72.7% |
| 2003 | 1.23 current LCU per US$ of GDP | -487.6% |
| 2004 | 0.8263 current LCU per US$ of GDP | -33.0% |
| 2005 | 0.1125 current LCU per US$ of GDP | -86.4% |
| 2006 | 0.2455 current LCU per US$ of GDP | +118.2% |
| 2007 | 0.5269 current LCU per US$ of GDP | +114.6% |
| 2008 | 0.3742 current LCU per US$ of GDP | -29.0% |
| 2009 | 0.4427 current LCU per US$ of GDP | +18.3% |
| 2010 | 0.3213 current LCU per US$ of GDP | -27.4% |
| 2011 | 1.03 current LCU per US$ of GDP | +219.2% |
| 2012 | 0.862 current LCU per US$ of GDP | -16.0% |
| 2013 | 0.5558 current LCU per US$ of GDP | -35.5% |
| 2014 | 0.4135 current LCU per US$ of GDP | -25.6% |
| 2015 | 0.5528 current LCU per US$ of GDP | +33.7% |
| 2016 | 0.647 current LCU per US$ of GDP | +17.0% |
| 2017 | 1.07 current LCU per US$ of GDP | +65.7% |
| 2018 | 1.1 current LCU per US$ of GDP | +2.9% |
| 2019 | 1.03 current LCU per US$ of GDP | -6.2% |
| 2020 | 0.9828 current LCU per US$ of GDP | -5.0% |
| 2021 | 0.8607 current LCU per US$ of GDP | -12.4% |
| 2022 | 0.2227 current LCU per US$ of GDP | -74.1% |
| 2023 | -0.4082 current LCU per US$ of GDP | -283.3% |
| 2024 | -0.6853 current LCU per US$ of GDP | +67.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -1.45 current LCU per US$ of GDP | -2.08 current LCU per US$ of GDP | -0.775 current LCU per US$ of GDP | 10 |
| 1990s | -0.699 current LCU per US$ of GDP | -1.57 current LCU per US$ of GDP | 0.3179 current LCU per US$ of GDP | 10 |
| 2000s | 0.1901 current LCU per US$ of GDP | -1.17 current LCU per US$ of GDP | 1.23 current LCU per US$ of GDP | 10 |
| 2010s | 0.7588 current LCU per US$ of GDP | 0.3213 current LCU per US$ of GDP | 1.1 current LCU per US$ of GDP | 10 |
| 2020s | 0.1946 current LCU per US$ of GDP | -0.6853 current LCU per US$ of GDP | 0.9828 current LCU per US$ of GDP | 5 |
Countries ranked near Solomon Islands
- 167 Timor-Leste -0.4421 current LCU per US$ of GDP compare
- 168 Tonga -0.4688 current LCU per US$ of GDP compare
- 169 Guyana -0.6401 current LCU per US$ of GDP compare
- 171 Republic of Moldova -0.8645 current LCU per US$ of GDP compare
- 172 Haiti -0.9226 current LCU per US$ of GDP compare
- 173 Kiribati -0.9521 current 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)
- 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), annual growth rate -2.67 % change on previous year (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)
Frequently asked questions
- What is gross domestic savings (current lcu), per unit of gdp in Solomon Islands?
- Gross domestic savings (current lcu), per unit of gdp in Solomon Islands was -0.6853 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross domestic savings (current lcu), per unit of gdp recorded in Solomon Islands?
- The highest recorded value was 1.23 current LCU per US$ of GDP in 2003.
- What is the lowest gross domestic savings (current lcu), per unit of gdp recorded in Solomon Islands?
- The lowest recorded value was -2.08 current LCU per US$ of GDP in 1988.
- How does Solomon Islands rank for gross domestic savings (current lcu), per unit of gdp?
- Solomon Islands ranks 170th out of 187 countries with data for 2024.
- Is gross domestic savings (current lcu), per unit of gdp rising or falling in Solomon Islands?
- Over the last ten years it is down 265.7%. 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 domestic savings (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross domestic savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross domestic savings (current LCU) ÷ GDP (current US$)
Computed from
- Gross domestic savings 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 domestic savings (current 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.