Gross fixed capital formation (current LCU), per unit of GDP (LCU) in Solomon Islands
Solomon Islands: Gross fixed capital formation (current LCU), per unit of GDP (LCU) was 1.65 current LCU per US$ of GDP in 2024. ◆ Volatile
Gross fixed capital formation (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 1.65 current LCU per US$ of GDP for gross fixed capital formation (current lcu), per unit of gdp in 2024.
The figure is down 8.5% on the previous year and up 60.2% over ten years.
Over the whole period, gross fixed capital formation (current lcu), per unit of gdp in Solomon Islands peaked at 1.95 current LCU per US$ of GDP in 2021 and was at its lowest, 0.0383 current LCU per US$ of GDP, in 1980.
That places Solomon Islands 101st out of 181 countries with data for 2024, putting it 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 (current LCU), per unit of GDP (LCU) in Solomon Islands, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1980 | 0.0383 current LCU per US$ of GDP | — |
| 1981 | 0.0413 current LCU per US$ of GDP | +7.9% |
| 1982 | 0.0467 current LCU per US$ of GDP | +13.0% |
| 1983 | 0.0552 current LCU per US$ of GDP | +18.3% |
| 1984 | 0.0606 current LCU per US$ of GDP | +9.8% |
| 1985 | 0.0725 current LCU per US$ of GDP | +19.7% |
| 1986 | 0.149 current LCU per US$ of GDP | +105.6% |
| 1987 | 0.2901 current LCU per US$ of GDP | +94.6% |
| 1988 | 0.2436 current LCU per US$ of GDP | -16.0% |
| 1989 | 0.3355 current LCU per US$ of GDP | +37.7% |
| 1990 | 0.2467 current LCU per US$ of GDP | -26.5% |
| 1991 | 0.334 current LCU per US$ of GDP | +35.4% |
| 1992 | 0.3011 current LCU per US$ of GDP | -9.9% |
| 1993 | 0.3757 current LCU per US$ of GDP | +24.8% |
| 1994 | 0.2929 current LCU per US$ of GDP | -22.0% |
| 1995 | 0.2151 current LCU per US$ of GDP | -26.6% |
| 1996 | 0.2311 current LCU per US$ of GDP | +7.4% |
| 1997 | 0.245 current LCU per US$ of GDP | +6.0% |
| 1998 | 0.3475 current LCU per US$ of GDP | +41.8% |
| 1999 | 0.334 current LCU per US$ of GDP | -3.9% |
| 2000 | 0.3882 current LCU per US$ of GDP | +16.2% |
| 2001 | 0.4176 current LCU per US$ of GDP | +7.6% |
| 2002 | 0.4041 current LCU per US$ of GDP | -3.2% |
| 2003 | 0.6782 current LCU per US$ of GDP | +67.8% |
| 2004 | 0.7424 current LCU per US$ of GDP | +9.5% |
| 2005 | 0.9489 current LCU per US$ of GDP | +27.8% |
| 2006 | 0.8862 current LCU per US$ of GDP | -6.6% |
| 2007 | 1 current LCU per US$ of GDP | +13.1% |
| 2008 | 1.04 current LCU per US$ of GDP | +3.4% |
| 2009 | 1.03 current LCU per US$ of GDP | -0.6% |
| 2010 | 1.45 current LCU per US$ of GDP | +40.4% |
| 2011 | 1.15 current LCU per US$ of GDP | -20.7% |
| 2012 | 1.18 current LCU per US$ of GDP | +2.6% |
| 2013 | 1.14 current LCU per US$ of GDP | -3.2% |
| 2014 | 1.03 current LCU per US$ of GDP | -9.8% |
| 2015 | 1.26 current LCU per US$ of GDP | +23.1% |
| 2016 | 1.26 current LCU per US$ of GDP | -0.1% |
| 2017 | 1.43 current LCU per US$ of GDP | +13.2% |
| 2018 | 1.38 current LCU per US$ of GDP | -3.7% |
| 2019 | 1.67 current LCU per US$ of GDP | +21.3% |
| 2020 | 1.54 current LCU per US$ of GDP | -7.5% |
| 2021 | 1.95 current LCU per US$ of GDP | +26.2% |
| 2022 | 1.79 current LCU per US$ of GDP | -8.0% |
| 2023 | 1.8 current LCU per US$ of GDP | +0.3% |
| 2024 | 1.65 current LCU per US$ of GDP | -8.5% |
Solomon Islands compared with similar countries
- Solomon Islands's 1.65 current LCU per US$ of GDP is below the median for lower middle income countries, which is 22.5 current LCU per US$ of GDP, 7% of the median. (45 countries reporting)
- Solomon Islands's 1.65 current LCU per US$ of GDP is above the median for East Asia & Pacific, which is 1.32 current LCU per US$ of GDP, 1.2× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.1333 current LCU per US$ of GDP | 0.0383 current LCU per US$ of GDP | 0.3355 current LCU per US$ of GDP | 10 |
| 1990s | 0.2923 current LCU per US$ of GDP | 0.2151 current LCU per US$ of GDP | 0.3757 current LCU per US$ of GDP | 10 |
| 2000s | 0.7535 current LCU per US$ of GDP | 0.3882 current LCU per US$ of GDP | 1.04 current LCU per US$ of GDP | 10 |
| 2010s | 1.29 current LCU per US$ of GDP | 1.03 current LCU per US$ of GDP | 1.67 current LCU per US$ of GDP | 10 |
| 2020s | 1.75 current LCU per US$ of GDP | 1.54 current LCU per US$ of GDP | 1.95 current LCU per US$ of GDP | 5 |
Countries ranked near Solomon Islands
- 98 Greenland 2.39 current LCU per US$ of GDP compare
- 99 Eritrea 1.94 current LCU per US$ of GDP compare
- 100 Sao Tome and Principe 1.88 current LCU per US$ of GDP compare
- 102 Zimbabwe 1.57 current LCU per US$ of GDP compare
- 103 Denmark 1.45 current LCU per US$ of GDP compare
- 104 Ghana 1.38 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)
- SDRs holdings, US dollar, annual growth rate -99.65 % change on previous year (2024)
- SDRs holdings, US dollar, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 7.33 units per person (2025)
- SDRs holdings, SDR, annual growth rate -99.64 % change on previous year (2024)
- SDRs holdings, SDR, per unit of GDP 0.0026 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 5.36 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -12.23 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0138 units per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation (current lcu), per unit of gdp in Solomon Islands?
- Gross fixed capital formation (current lcu), per unit of gdp in Solomon Islands was 1.65 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current lcu), per unit of gdp recorded in Solomon Islands?
- The highest recorded value was 1.95 current LCU per US$ of GDP in 2021.
- What is the lowest gross fixed capital formation (current lcu), per unit of gdp recorded in Solomon Islands?
- The lowest recorded value was 0.0383 current LCU per US$ of GDP in 1980.
- How does Solomon Islands rank for gross fixed capital formation (current lcu), per unit of gdp?
- Solomon Islands ranks 101st out of 181 countries with data for 2024.
- Is gross fixed capital formation (current lcu), per unit of gdp rising or falling in Solomon Islands?
- Over the last ten years it is up 60.2%. 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 (current LCU), 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 (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross fixed capital formation (current LCU) ÷ GDP (current US$)
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 (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.