Gross fixed capital formation (constant 2015 US$), per unit of GDP in Solomon Islands
Solomon Islands: Gross fixed capital formation (constant 2015 US$), per unit of GDP was 0.2167 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Gross fixed capital formation (constant 2015 US$), per unit of GDP in Solomon Islands, 1980–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
In 2024, gross fixed capital formation (constant 2015 us$), per unit of gdp in Solomon Islands stood at 0.2167 constant 2015 US$ per US$ of GDP.
Compared with earlier readings it is down 2.9% on the previous year and up 66.1% over ten years.
Over the whole period, gross fixed capital formation (constant 2015 us$), per unit of gdp in Solomon Islands peaked at 0.6201 constant 2015 US$ per US$ of GDP in 1987 and was at its lowest, 0.1304 constant 2015 US$ per US$ of GDP, in 2014.
That places Solomon Islands 54th out of 161 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 45 years of available data.
Gross fixed capital formation (constant 2015 US$), per unit of GDP in Solomon Islands, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 1980 | 0.1626 constant 2015 US$ per US$ of GDP | — |
| 1981 | 0.1505 constant 2015 US$ per US$ of GDP | -7.4% |
| 1982 | 0.1489 constant 2015 US$ per US$ of GDP | -1.0% |
| 1983 | 0.1641 constant 2015 US$ per US$ of GDP | +10.2% |
| 1984 | 0.1645 constant 2015 US$ per US$ of GDP | +0.3% |
| 1985 | 0.1744 constant 2015 US$ per US$ of GDP | +6.0% |
| 1986 | 0.3573 constant 2015 US$ per US$ of GDP | +104.8% |
| 1987 | 0.6201 constant 2015 US$ per US$ of GDP | +73.6% |
| 1988 | 0.4405 constant 2015 US$ per US$ of GDP | -29.0% |
| 1989 | 0.5862 constant 2015 US$ per US$ of GDP | +33.1% |
| 1990 | 0.4004 constant 2015 US$ per US$ of GDP | -31.7% |
| 1991 | 0.3342 constant 2015 US$ per US$ of GDP | -16.5% |
| 1992 | 0.2938 constant 2015 US$ per US$ of GDP | -12.1% |
| 1993 | 0.3246 constant 2015 US$ per US$ of GDP | +10.5% |
| 1994 | 0.2668 constant 2015 US$ per US$ of GDP | -17.8% |
| 1995 | 0.2 constant 2015 US$ per US$ of GDP | -25.0% |
| 1996 | 0.159 constant 2015 US$ per US$ of GDP | -20.5% |
| 1997 | 0.1653 constant 2015 US$ per US$ of GDP | +4.0% |
| 1998 | 0.3002 constant 2015 US$ per US$ of GDP | +81.6% |
| 1999 | 0.1874 constant 2015 US$ per US$ of GDP | -37.6% |
| 2000 | 0.1651 constant 2015 US$ per US$ of GDP | -11.9% |
| 2001 | 0.1599 constant 2015 US$ per US$ of GDP | -3.2% |
| 2002 | 0.1329 constant 2015 US$ per US$ of GDP | -16.9% |
| 2003 | 0.1735 constant 2015 US$ per US$ of GDP | +30.6% |
| 2004 | 0.1784 constant 2015 US$ per US$ of GDP | +2.8% |
| 2005 | 0.2582 constant 2015 US$ per US$ of GDP | +44.7% |
| 2006 | 0.2336 constant 2015 US$ per US$ of GDP | -9.5% |
| 2007 | 0.2386 constant 2015 US$ per US$ of GDP | +2.1% |
| 2008 | 0.2223 constant 2015 US$ per US$ of GDP | -6.8% |
| 2009 | 0.2082 constant 2015 US$ per US$ of GDP | -6.4% |
| 2010 | 0.3457 constant 2015 US$ per US$ of GDP | +66.1% |
| 2011 | 0.1718 constant 2015 US$ per US$ of GDP | -50.3% |
| 2012 | 0.1617 constant 2015 US$ per US$ of GDP | -5.9% |
| 2013 | 0.1451 constant 2015 US$ per US$ of GDP | -10.3% |
| 2014 | 0.1304 constant 2015 US$ per US$ of GDP | -10.1% |
| 2015 | 0.1597 constant 2015 US$ per US$ of GDP | +22.5% |
| 2016 | 0.1589 constant 2015 US$ per US$ of GDP | -0.5% |
| 2017 | 0.178 constant 2015 US$ per US$ of GDP | +12.0% |
| 2018 | 0.1725 constant 2015 US$ per US$ of GDP | -3.1% |
| 2019 | 0.2066 constant 2015 US$ per US$ of GDP | +19.8% |
| 2020 | 0.1903 constant 2015 US$ per US$ of GDP | -7.9% |
| 2021 | 0.2388 constant 2015 US$ per US$ of GDP | +25.5% |
| 2022 | 0.2124 constant 2015 US$ per US$ of GDP | -11.1% |
| 2023 | 0.2232 constant 2015 US$ per US$ of GDP | +5.1% |
| 2024 | 0.2167 constant 2015 US$ per US$ of GDP | -2.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2969 constant 2015 US$ per US$ of GDP | 0.1489 constant 2015 US$ per US$ of GDP | 0.6201 constant 2015 US$ per US$ of GDP | 10 |
| 1990s | 0.2632 constant 2015 US$ per US$ of GDP | 0.159 constant 2015 US$ per US$ of GDP | 0.4004 constant 2015 US$ per US$ of GDP | 10 |
| 2000s | 0.197 constant 2015 US$ per US$ of GDP | 0.1329 constant 2015 US$ per US$ of GDP | 0.2582 constant 2015 US$ per US$ of GDP | 10 |
| 2010s | 0.1831 constant 2015 US$ per US$ of GDP | 0.1304 constant 2015 US$ per US$ of GDP | 0.3457 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.2163 constant 2015 US$ per US$ of GDP | 0.1903 constant 2015 US$ per US$ of GDP | 0.2388 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Solomon Islands
- 51 Philippines 0.2227 constant 2015 US$ per US$ of GDP compare
- 52 Congo, Democratic Republic of the 0.2203 constant 2015 US$ per US$ of GDP compare
- 53 Botswana 0.2192 constant 2015 US$ per US$ of GDP compare
- 55 Somalia 0.2163 constant 2015 US$ per US$ of GDP compare
- 56 Vanuatu 0.216 constant 2015 US$ per US$ of GDP compare
- 57 Uganda 0.215 constant 2015 US$ 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)
- 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$), per unit of gdp in Solomon Islands?
- Gross fixed capital formation (constant 2015 us$), per unit of gdp in Solomon Islands was 0.2167 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant 2015 us$), per unit of gdp recorded in Solomon Islands?
- The highest recorded value was 0.6201 constant 2015 US$ per US$ of GDP in 1987.
- What is the lowest gross fixed capital formation (constant 2015 us$), per unit of gdp recorded in Solomon Islands?
- The lowest recorded value was 0.1304 constant 2015 US$ per US$ of GDP in 2014.
- How does Solomon Islands rank for gross fixed capital formation (constant 2015 us$), per unit of gdp?
- Solomon Islands ranks 54th out of 161 countries with data for 2024.
- Is gross fixed capital formation (constant 2015 us$), per unit of gdp rising or falling in Solomon Islands?
- Over the last ten years it is up 66.1%. The long-run trend across the full record is falling.
- 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$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross fixed capital formation (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross fixed capital formation (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.