Gross Fixed Capital Formation Deflator — Value Standard Local in Solomon Islands
Solomon Islands: Gross Fixed Capital Formation Deflator — Value Standard Local 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 159th of 194 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 Formation Deflator — Value Standard Local 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% |
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
- 156 San Marino 116.1 SLC compare
- 157 China, Macao SAR 116.03 SLC compare
- 158 Turkmenistan 115.64 SLC compare
- 160 Kuwait 114.54 SLC compare
- 161 Costa Rica 114.47 SLC compare
- 162 Palestine, State of 113.75 SLC 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)
- Manufacturing, value added (constant LCU), per capita 1,018 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 14.43 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.2337 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 451.92 current US$ per person (2024)
- Industry (including construction), value added (current LCU), annual 15.51 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 1.98 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), per 3,821 current LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) 8.33 % change on previous year (2024)
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 159th out of 194 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).