Gross fixed capital formation (constant 2015 US$), annual growth rate in Solomon Islands
Solomon Islands: Gross fixed capital formation (constant 2015 US$), annual growth rate was 2.11 % change on previous year in 2024. ◆ Volatile
Gross fixed capital formation (constant 2015 US$), annual growth rate in Solomon Islands, 1981–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Solomon Islands recorded 2.11 % change on previous year for gross fixed capital formation (constant 2015 us$), annual growth rate in 2024.
Compared with earlier readings it is down 73.3% on the previous year and up 131.7% over ten years.
Over the whole period, gross fixed capital formation (constant 2015 us$), annual growth rate in Solomon Islands peaked at 85.16 % change on previous year in 2010 and was at its lowest, -41.12 % change on previous year, in 2011.
Solomon Islands ranks 105th of 161 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (constant 2015 US$), annual growth rate in Solomon Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1981 | -1.92 % change on previous year | — |
| 1982 | -1.47 % change on previous year | -23.5% |
| 1983 | 3.48 % change on previous year | -336.8% |
| 1984 | 0.4807 % change on previous year | -86.2% |
| 1985 | -3.35 % change on previous year | -796.8% |
| 1986 | 82.67 % change on previous year | -2568.4% |
| 1987 | 82.38 % change on previous year | -0.3% |
| 1988 | -19.17 % change on previous year | -123.3% |
| 1989 | 30.33 % change on previous year | -258.2% |
| 1990 | -15.09 % change on previous year | -149.8% |
| 1991 | -11.63 % change on previous year | -23.0% |
| 1992 | 3.95 % change on previous year | -133.9% |
| 1993 | 23.51 % change on previous year | +495.5% |
| 1994 | 10.1 % change on previous year | -57.0% |
| 1995 | -12.63 % change on previous year | -225.0% |
| 1996 | -13.55 % change on previous year | +7.2% |
| 1997 | 7.22 % change on previous year | -153.3% |
| 1998 | 57.8 % change on previous year | +700.7% |
| 1999 | -33.4 % change on previous year | -157.8% |
| 2000 | -24.22 % change on previous year | -27.5% |
| 2001 | -5.57 % change on previous year | -77.0% |
| 2002 | -29.69 % change on previous year | +433.4% |
| 2003 | 57.45 % change on previous year | -293.5% |
| 2004 | 15.23 % change on previous year | -73.5% |
| 2005 | 70.95 % change on previous year | +366.0% |
| 2006 | 0.9976 % change on previous year | -98.6% |
| 2007 | 15.06 % change on previous year | +1409.6% |
| 2008 | 4.04 % change on previous year | -73.2% |
| 2009 | -2.83 % change on previous year | -170.1% |
| 2010 | 85.16 % change on previous year | -3108.9% |
| 2011 | -41.12 % change on previous year | -148.3% |
| 2012 | 4.85 % change on previous year | -111.8% |
| 2013 | -2.64 % change on previous year | -154.3% |
| 2014 | -6.66 % change on previous year | +152.5% |
| 2015 | 19.92 % change on previous year | -399.3% |
| 2016 | 4.94 % change on previous year | -75.2% |
| 2017 | 19.34 % change on previous year | +291.4% |
| 2018 | 6.52 % change on previous year | -66.3% |
| 2019 | 20.05 % change on previous year | +207.6% |
| 2020 | -12.64 % change on previous year | -163.0% |
| 2021 | 27.31 % change on previous year | -316.1% |
| 2022 | -16.29 % change on previous year | -159.6% |
| 2023 | 7.91 % change on previous year | -148.5% |
| 2024 | 2.11 % change on previous year | -73.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 19.27 % change on previous year | -19.17 % change on previous year | 82.67 % change on previous year | 9 |
| 1990s | 1.63 % change on previous year | -33.4 % change on previous year | 57.8 % change on previous year | 10 |
| 2000s | 10.14 % change on previous year | -29.69 % change on previous year | 70.95 % change on previous year | 10 |
| 2010s | 11.04 % change on previous year | -41.12 % change on previous year | 85.16 % change on previous year | 10 |
| 2020s | 1.68 % change on previous year | -16.29 % change on previous year | 27.31 % change on previous year | 5 |
Countries ranked near Solomon Islands
- 102 Czechia 2.43 % change on previous year compare
- 103 Panama 2.38 % change on previous year compare
- 104 Slovakia 2.22 % change on previous year compare
- 106 Central African Republic 2.08 % change on previous year compare
- 107 Sweden 1.99 % change on previous year compare
- 108 Puerto Rico 1.97 % 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)
- 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 fixed capital formation (constant 2015 us$), annual growth rate in Solomon Islands?
- Gross fixed capital formation (constant 2015 us$), annual growth rate in Solomon Islands was 2.11 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant 2015 us$), annual growth rate recorded in Solomon Islands?
- The highest recorded value was 85.16 % change on previous year in 2010.
- What is the lowest gross fixed capital formation (constant 2015 us$), annual growth rate recorded in Solomon Islands?
- The lowest recorded value was -41.12 % change on previous year in 2011.
- How does Solomon Islands rank for gross fixed capital formation (constant 2015 us$), annual growth rate?
- Solomon Islands ranks 105th out of 161 countries with data for 2024.
- Is gross fixed capital formation (constant 2015 us$), annual growth rate rising or falling in Solomon Islands?
- Over the last ten years it is up 131.7%. 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 fixed capital formation (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed 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 fixed capital formation (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.