Gross Fixed Capital … Deflator Standard Local Currency in Solomon Islands
Solomon Islands: Gross Fixed Capital … Deflator Standard Local Currency was 115.38 SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation Deflator — Value Standard Local in Solomon Islands, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for gross fixed capital formation deflator — value standard local in Solomon Islands is 115.38 SLC, measured in 2024.
That represents a change of up 3.6% on the previous year and up 16.0% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Solomon Islands peaked at 128.79 SLC in 2002 and was at its lowest, 1.84 SLC, in 1970.
Solomon Islands ranks 168th of 208 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital … Deflator Standard Local Currency in Solomon Islands, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 1.84 SLC | — |
| 1971 | 1.86 SLC | +1.4% |
| 1972 | 1.88 SLC | +1.1% |
| 1973 | 1.95 SLC | +3.3% |
| 1974 | 2.31 SLC | +18.8% |
| 1975 | 2.46 SLC | +6.5% |
| 1976 | 2.58 SLC | +4.9% |
| 1977 | 2.88 SLC | +11.5% |
| 1978 | 3.07 SLC | +6.5% |
| 1979 | 3.31 SLC | +7.9% |
| 1980 | 3.73 SLC | +12.8% |
| 1981 | 4.13 SLC | +10.6% |
| 1982 | 4.71 SLC | +14.0% |
| 1983 | 4.52 SLC | -3.9% |
| 1984 | 6.62 SLC | +46.3% |
| 1985 | 6.88 SLC | +3.9% |
| 1986 | 7.39 SLC | +7.4% |
| 1987 | 8.37 SLC | +13.3% |
| 1988 | 9.96 SLC | +19.0% |
| 1989 | 17.37 SLC | +74.4% |
| 1990 | 17.34 SLC | -0.2% |
| 1991 | 29.02 SLC | +67.4% |
| 1992 | 24.59 SLC | -15.3% |
| 1993 | 24.71 SLC | +0.5% |
| 1994 | 32.23 SLC | +30.4% |
| 1995 | 38.03 SLC | +18.0% |
| 1996 | 52.42 SLC | +37.8% |
| 1997 | 52.88 SLC | +0.9% |
| 1998 | 37.17 SLC | -29.7% |
| 1999 | 59.92 SLC | +61.2% |
| 2000 | 74.14 SLC | +23.7% |
| 2001 | 80.17 SLC | +8.1% |
| 2002 | 128.79 SLC | +60.6% |
| 2003 | 49.4 SLC | -61.6% |
| 2004 | 52.59 SLC | +6.5% |
| 2005 | 46.45 SLC | -11.7% |
| 2006 | 47.94 SLC | +3.2% |
| 2007 | 53.09 SLC | +10.7% |
| 2008 | 58.91 SLC | +11.0% |
| 2009 | 62.54 SLC | +6.2% |
| 2010 | 52.89 SLC | -15.4% |
| 2011 | 84.39 SLC | +59.6% |
| 2012 | 91.96 SLC | +9.0% |
| 2013 | 99.16 SLC | +7.8% |
| 2014 | 99.47 SLC | +0.3% |
| 2015 | 100 SLC | +0.5% |
| 2016 | 100.44 SLC | +0.4% |
| 2017 | 101.51 SLC | +1.1% |
| 2018 | 100.83 SLC | -0.7% |
| 2019 | 102.12 SLC | +1.3% |
| 2020 | 102.59 SLC | +0.5% |
| 2021 | 107.46 SLC | +4.7% |
| 2022 | 107.18 SLC | -0.3% |
| 2023 | 111.34 SLC | +3.9% |
| 2024 | 115.38 SLC | +3.6% |
Solomon Islands compared with similar countries
- Solomon Islands's 115.38 SLC is below the median for lower middle income countries, which is 147.28 SLC, 78% of the median. (41 countries reporting)
- Solomon Islands's 115.38 SLC is below the median for East Asia & Pacific, which is 123.7 SLC, 93% of the median. (24 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital … Deflator Standard Local Currency in Solomon Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1989 | +74.4% | 9.96 SLC | 17.37 SLC |
| 2003 | -61.6% | 128.79 SLC | 49.4 SLC |
| 1991 | +67.4% | 17.34 SLC | 29.02 SLC |
| 1999 | +61.2% | 37.17 SLC | 59.92 SLC |
| 2002 | +60.6% | 80.17 SLC | 128.79 SLC |
| 2011 | +59.6% | 52.89 SLC | 84.39 SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.41 SLC | 1.84 SLC | 3.31 SLC | 10 |
| 1980s | 7.37 SLC | 3.73 SLC | 17.37 SLC | 10 |
| 1990s | 36.83 SLC | 17.34 SLC | 59.92 SLC | 10 |
| 2000s | 65.4 SLC | 46.45 SLC | 128.79 SLC | 10 |
| 2010s | 93.28 SLC | 52.89 SLC | 102.12 SLC | 10 |
| 2020s | 108.79 SLC | 102.59 SLC | 115.38 SLC | 5 |
Countries ranked near Solomon Islands
- 165 San Marino 116.1 SLC compare
- 166 China, Macao SAR 116.03 SLC compare
- 167 Turkmenistan 115.64 SLC compare
- 169 Kuwait 114.54 SLC compare
- 170 Costa Rica 114.47 SLC compare
- 171 United Republic of Tanzania 114.2 SLC compare
More economy & growth data for Solomon Islands
- Real gdp growth, annual growth rate 5.53 % change on previous year (2024)
- 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)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in Solomon Islands?
- Gross fixed capital formation deflator — value standard local in Solomon Islands was 115.38 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value standard local recorded in Solomon Islands?
- The highest recorded value was 128.79 SLC in 2002.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Solomon Islands?
- The lowest recorded value was 1.84 SLC in 1970.
- How does Solomon Islands rank for gross fixed capital formation deflator — value standard local?
- Solomon Islands ranks 168th out of 208 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Solomon Islands?
- Over the last ten years it is up 16.0%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).