Gross fixed capital formation (current LCU), per unit of GDP in Solomon Islands
Solomon Islands: Gross fixed capital formation (current LCU), per unit of GDP 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 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% |
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)
- 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 (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.