Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Solomon Islands
Solomon Islands: Gross Fixed Capital Formation — Value Standard Local Currency, 2015 was 0.1023 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.1023 million SLC per square kilometre
Change on year
up 3.1%
World rank
170th
of 194 countries
All-time high
0.1023 million SLC per square kilometre
in 2023
All-time low
0.0082 million SLC per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Solomon Islands, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, gross fixed capital formation — value standard local currency, 2015 in Solomon Islands stood at 0.1023 million SLC per square kilometre. That is the highest value across all 54 years on record.
The figure is up 3.1% on the previous year and up 93.9% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Solomon Islands peaked at 0.1023 million SLC per square kilometre in 2023 and was at its lowest, 0.0082 million SLC per square kilometre, in 1970.
That places Solomon Islands 170th out of 194 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Solomon Islands, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0082 million SLC per square kilometre | — |
| 1971 | 0.0138 million SLC per square kilometre | +69.0% |
| 1972 | 0.0138 million SLC per square kilometre | +0.2% |
| 1973 | 0.0152 million SLC per square kilometre | +9.9% |
| 1974 | 0.0168 million SLC per square kilometre | +10.5% |
| 1975 | 0.0192 million SLC per square kilometre | +14.0% |
| 1976 | 0.0185 million SLC per square kilometre | -3.7% |
| 1977 | 0.0192 million SLC per square kilometre | +3.9% |
| 1978 | 0.022 million SLC per square kilometre | +14.6% |
| 1979 | 0.0247 million SLC per square kilometre | +12.3% |
| 1980 | 0.0251 million SLC per square kilometre | +1.4% |
| 1981 | 0.0252 million SLC per square kilometre | +0.4% |
| 1982 | 0.025 million SLC per square kilometre | -0.7% |
| 1983 | 0.0244 million SLC per square kilometre | -2.2% |
| 1984 | 0.0232 million SLC per square kilometre | -5.0% |
| 1985 | 0.0259 million SLC per square kilometre | +11.6% |
| 1986 | 0.0308 million SLC per square kilometre | +18.7% |
| 1987 | 0.0254 million SLC per square kilometre | -17.3% |
| 1988 | 0.0395 million SLC per square kilometre | +55.2% |
| 1989 | 0.0222 million SLC per square kilometre | -43.8% |
| 1990 | 0.0188 million SLC per square kilometre | -15.1% |
| 1991 | 0.0166 million SLC per square kilometre | -11.6% |
| 1992 | 0.0173 million SLC per square kilometre | +3.9% |
| 1993 | 0.0214 million SLC per square kilometre | +23.5% |
| 1994 | 0.0235 million SLC per square kilometre | +10.1% |
| 1995 | 0.0212 million SLC per square kilometre | -10.1% |
| 1996 | 0.0188 million SLC per square kilometre | -11.1% |
| 1997 | 0.0207 million SLC per square kilometre | +10.2% |
| 1998 | 0.0337 million SLC per square kilometre | +62.5% |
| 1999 | 0.0231 million SLC per square kilometre | -31.5% |
| 2000 | 0.018 million SLC per square kilometre | -22.1% |
| 2001 | 0.0175 million SLC per square kilometre | -2.7% |
| 2002 | 0.0126 million SLC per square kilometre | -27.8% |
| 2003 | 0.0205 million SLC per square kilometre | +62.2% |
| 2004 | 0.0236 million SLC per square kilometre | +15.2% |
| 2005 | 0.0404 million SLC per square kilometre | +71.0% |
| 2006 | 0.0408 million SLC per square kilometre | +1.0% |
| 2007 | 0.0469 million SLC per square kilometre | +15.1% |
| 2008 | 0.0488 million SLC per square kilometre | +4.0% |
| 2009 | 0.0474 million SLC per square kilometre | -2.8% |
| 2010 | 0.0878 million SLC per square kilometre | +85.2% |
| 2011 | 0.0517 million SLC per square kilometre | -41.1% |
| 2012 | 0.0542 million SLC per square kilometre | +4.9% |
| 2013 | 0.0528 million SLC per square kilometre | -2.6% |
| 2014 | 0.0493 million SLC per square kilometre | -6.7% |
| 2015 | 0.0591 million SLC per square kilometre | +19.9% |
| 2016 | 0.062 million SLC per square kilometre | +4.9% |
| 2017 | 0.074 million SLC per square kilometre | +19.3% |
| 2018 | 0.0788 million SLC per square kilometre | +6.5% |
| 2019 | 0.0946 million SLC per square kilometre | +20.0% |
| 2020 | 0.0826 million SLC per square kilometre | -12.6% |
| 2021 | 0.073 million SLC per square kilometre | -11.7% |
| 2022 | 0.0993 million SLC per square kilometre | +36.0% |
| 2023 | 0.1023 million SLC per square kilometre | +3.1% |
Solomon Islands compared with similar countries
- Solomon Islands's 0.1023 million SLC per square kilometre is below the median for lower middle income countries, which is 2.34 million SLC per square kilometre, 4% of the median. (44 countries reporting)
- Solomon Islands's 0.1023 million SLC per square kilometre is below the median for East Asia & Pacific, which is 1.58 million SLC per square kilometre, 6% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0171 million SLC per square kilometre | 0.0082 million SLC per square kilometre | 0.0247 million SLC per square kilometre | 10 |
| 1980s | 0.0267 million SLC per square kilometre | 0.0222 million SLC per square kilometre | 0.0395 million SLC per square kilometre | 10 |
| 1990s | 0.0215 million SLC per square kilometre | 0.0166 million SLC per square kilometre | 0.0337 million SLC per square kilometre | 10 |
| 2000s | 0.0316 million SLC per square kilometre | 0.0126 million SLC per square kilometre | 0.0488 million SLC per square kilometre | 10 |
| 2010s | 0.0664 million SLC per square kilometre | 0.0493 million SLC per square kilometre | 0.0946 million SLC per square kilometre | 10 |
| 2020s | 0.0893 million SLC per square kilometre | 0.073 million SLC per square kilometre | 0.1023 million SLC per square kilometre | 4 |
Countries ranked near Solomon Islands
- 167 Latvia 0.1128 million SLC per square kilometre compare
- 168 Belarus 0.105 million SLC per square kilometre compare
- 169 Fiji 0.1043 million SLC per square kilometre compare
- 171 Tunisia 0.0952 million SLC per square kilometre compare
- 172 Sierra Leone 0.0845 million SLC per square kilometre compare
- 173 Montenegro 0.0838 million SLC per square kilometre 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)
- 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 0.1023 million SLC per square kilometre in 2023, 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 0.1023 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Solomon Islands?
- The lowest recorded value was 0.0082 million SLC per square kilometre in 1970.
- How does Solomon Islands rank for gross fixed capital formation — value standard local currency, 2015?
- Solomon Islands ranks 170th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Solomon Islands?
- Over the last ten years it is up 93.9%. 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 — Value Standard Local Currency, 2015 prices, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 Land area (sq. km), 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency, 2015 Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.