Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Solomon Islands
Solomon Islands: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.0036 million SLC per person in 2024. ▲ Rising
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Solomon Islands, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2024, gross fixed capital formation — value standard local currency, 2015 in Solomon Islands stood at 0.0036 million SLC per person.
Compared with earlier readings it is up 1.2% on the previous year and up 62.1% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Solomon Islands peaked at 0.0046 million SLC per person in 2010 and was at its lowest, 0.0008 million SLC per person, in 2002.
That places Solomon Islands 153rd out of 194 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Solomon Islands, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0013 million SLC per person | — |
| 1971 | 0.0021 million SLC per person | +65.2% |
| 1972 | 0.0021 million SLC per person | -2.1% |
| 1973 | 0.0022 million SLC per person | +7.2% |
| 1974 | 0.0024 million SLC per person | +7.5% |
| 1975 | 0.0027 million SLC per person | +10.8% |
| 1976 | 0.0025 million SLC per person | -6.7% |
| 1977 | 0.0025 million SLC per person | +0.4% |
| 1978 | 0.0028 million SLC per person | +10.7% |
| 1979 | 0.003 million SLC per person | +8.4% |
| 1980 | 0.0029 million SLC per person | -2.1% |
| 1981 | 0.0029 million SLC per person | -3.0% |
| 1982 | 0.0027 million SLC per person | -4.0% |
| 1983 | 0.0026 million SLC per person | -5.5% |
| 1984 | 0.0024 million SLC per person | -8.2% |
| 1985 | 0.0026 million SLC per person | +8.0% |
| 1986 | 0.0029 million SLC per person | +14.9% |
| 1987 | 0.0024 million SLC per person | -19.9% |
| 1988 | 0.0035 million SLC per person | +50.2% |
| 1989 | 0.0019 million SLC per person | -45.5% |
| 1990 | 0.0016 million SLC per person | -17.7% |
| 1991 | 0.0014 million SLC per person | -14.3% |
| 1992 | 0.0014 million SLC per person | +0.9% |
| 1993 | 0.0016 million SLC per person | +19.9% |
| 1994 | 0.0018 million SLC per person | +6.9% |
| 1995 | 0.0015 million SLC per person | -12.6% |
| 1996 | 0.0013 million SLC per person | -13.6% |
| 1997 | 0.0014 million SLC per person | +7.1% |
| 1998 | 0.0023 million SLC per person | +58.0% |
| 1999 | 0.0015 million SLC per person | -33.3% |
| 2000 | 0.0011 million SLC per person | -23.8% |
| 2001 | 0.0011 million SLC per person | -4.6% |
| 2002 | 0.0008 million SLC per person | -29.2% |
| 2003 | 0.0012 million SLC per person | +59.2% |
| 2004 | 0.0014 million SLC per person | +13.2% |
| 2005 | 0.0023 million SLC per person | +68.0% |
| 2006 | 0.0023 million SLC per person | -0.7% |
| 2007 | 0.0026 million SLC per person | +13.1% |
| 2008 | 0.0027 million SLC per person | +2.3% |
| 2009 | 0.0026 million SLC per person | -4.6% |
| 2010 | 0.0046 million SLC per person | +80.0% |
| 2011 | 0.0026 million SLC per person | -43.2% |
| 2012 | 0.0026 million SLC per person | +1.1% |
| 2013 | 0.0025 million SLC per person | -6.1% |
| 2014 | 0.0022 million SLC per person | -10.0% |
| 2015 | 0.0026 million SLC per person | +15.7% |
| 2016 | 0.0026 million SLC per person | +1.3% |
| 2017 | 0.003 million SLC per person | +15.3% |
| 2018 | 0.0031 million SLC per person | +3.0% |
| 2019 | 0.0036 million SLC per person | +16.9% |
| 2020 | 0.0031 million SLC per person | -14.6% |
| 2021 | 0.0027 million SLC per person | -13.8% |
| 2022 | 0.0036 million SLC per person | +32.8% |
| 2023 | 0.0036 million SLC per person | +0.6% |
| 2024 | 0.0036 million SLC per person | +1.2% |
Solomon Islands compared with similar countries
- Solomon Islands's 0.0036 million SLC per person is below the median for lower middle income countries, which is 0.0322 million SLC per person, 11% of the median. (44 countries reporting)
- Solomon Islands's 0.0036 million SLC per person is below the median for East Asia & Pacific, which is 0.0171 million SLC per person, 21% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0024 million SLC per person | 0.0013 million SLC per person | 0.003 million SLC per person | 10 |
| 1980s | 0.0027 million SLC per person | 0.0019 million SLC per person | 0.0035 million SLC per person | 10 |
| 1990s | 0.0016 million SLC per person | 0.0013 million SLC per person | 0.0023 million SLC per person | 10 |
| 2000s | 0.0018 million SLC per person | 0.0008 million SLC per person | 0.0027 million SLC per person | 10 |
| 2010s | 0.003 million SLC per person | 0.0022 million SLC per person | 0.0046 million SLC per person | 10 |
| 2020s | 0.0033 million SLC per person | 0.0027 million SLC per person | 0.0036 million SLC per person | 5 |
Countries ranked near Solomon Islands
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 52.88 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0334 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 64.55 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 32.97 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -58.21 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0208 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 40.24 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -0.3505 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, 2015 in Solomon Islands?
- Gross fixed capital formation — value standard local currency, 2015 in Solomon Islands was 0.0036 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Solomon Islands?
- The highest recorded value was 0.0046 million SLC per person in 2010.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Solomon Islands?
- The lowest recorded value was 0.0008 million SLC per person in 2002.
- How does Solomon Islands rank for gross fixed capital formation — value standard local currency, 2015?
- Solomon Islands ranks 153rd out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Solomon Islands?
- Over the last ten years it is up 62.1%. The long-run trend across the full record is rising.
- Where does this Solomon Islands data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices, per capita. Statizoid updates them automatically from the source API.
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CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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 — Value Standard Local Currency, 2015 prices divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.