Gross Fixed Capital Formation — Value Standard Local Currency, per in Solomon Islands
Solomon Islands: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.0042 million SLC per person in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Solomon Islands, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, per in Solomon Islands is 0.0042 million SLC per person, measured in 2024. That is the highest value across all 55 years on record.
The figure is up 4.9% on the previous year and up 88.0% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Solomon Islands peaked at 0.0042 million SLC per person in 2024 and was at its lowest, 0 million SLC per person, in 1970.
That places Solomon Islands 168th out of 194 countries with data for 2024, 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, per in Solomon Islands, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0 million SLC per person | — |
| 1971 | 0 million SLC per person | +67.6% |
| 1972 | 0 million SLC per person | -1.0% |
| 1973 | 0 million SLC per person | +10.6% |
| 1974 | 0.0001 million SLC per person | +27.8% |
| 1975 | 0.0001 million SLC per person | +18.0% |
| 1976 | 0.0001 million SLC per person | -2.1% |
| 1977 | 0.0001 million SLC per person | +12.0% |
| 1978 | 0.0001 million SLC per person | +17.9% |
| 1979 | 0.0001 million SLC per person | +17.0% |
| 1980 | 0.0001 million SLC per person | +10.4% |
| 1981 | 0.0001 million SLC per person | +7.3% |
| 1982 | 0.0001 million SLC per person | +9.4% |
| 1983 | 0.0001 million SLC per person | -9.2% |
| 1984 | 0.0002 million SLC per person | +34.3% |
| 1985 | 0.0002 million SLC per person | +12.2% |
| 1986 | 0.0002 million SLC per person | +23.4% |
| 1987 | 0.0002 million SLC per person | -9.3% |
| 1988 | 0.0004 million SLC per person | +78.7% |
| 1989 | 0.0003 million SLC per person | -5.0% |
| 1990 | 0.0003 million SLC per person | -17.9% |
| 1991 | 0.0004 million SLC per person | +43.5% |
| 1992 | 0.0003 million SLC per person | -14.5% |
| 1993 | 0.0004 million SLC per person | +20.5% |
| 1994 | 0.0006 million SLC per person | +39.5% |
| 1995 | 0.0006 million SLC per person | +3.1% |
| 1996 | 0.0007 million SLC per person | +19.1% |
| 1997 | 0.0008 million SLC per person | +8.0% |
| 1998 | 0.0008 million SLC per person | +11.0% |
| 1999 | 0.0009 million SLC per person | +7.5% |
| 2000 | 0.0008 million SLC per person | -5.7% |
| 2001 | 0.0009 million SLC per person | +3.1% |
| 2002 | 0.001 million SLC per person | +13.8% |
| 2003 | 0.0006 million SLC per person | -38.9% |
| 2004 | 0.0007 million SLC per person | +20.5% |
| 2005 | 0.0011 million SLC per person | +48.3% |
| 2006 | 0.0011 million SLC per person | +2.4% |
| 2007 | 0.0014 million SLC per person | +25.2% |
| 2008 | 0.0016 million SLC per person | +13.5% |
| 2009 | 0.0016 million SLC per person | +1.3% |
| 2010 | 0.0024 million SLC per person | +52.2% |
| 2011 | 0.0022 million SLC per person | -9.4% |
| 2012 | 0.0024 million SLC per person | +10.2% |
| 2013 | 0.0025 million SLC per person | +1.2% |
| 2014 | 0.0022 million SLC per person | -9.7% |
| 2015 | 0.0026 million SLC per person | +16.3% |
| 2016 | 0.0026 million SLC per person | +1.8% |
| 2017 | 0.0031 million SLC per person | +16.5% |
| 2018 | 0.0031 million SLC per person | +2.3% |
| 2019 | 0.0037 million SLC per person | +18.4% |
| 2020 | 0.0032 million SLC per person | -14.2% |
| 2021 | 0.0029 million SLC per person | -9.7% |
| 2022 | 0.0038 million SLC per person | +32.5% |
| 2023 | 0.004 million SLC per person | +4.6% |
| 2024 | 0.0042 million SLC per person | +4.9% |
Solomon Islands compared with similar countries
- Solomon Islands's 0.0042 million SLC per person is below the median for lower middle income countries, which is 0.0501 million SLC per person, 8% of the median. (44 countries reporting)
- Solomon Islands's 0.0042 million SLC per person is below the median for East Asia & Pacific, which is 0.0231 million SLC per person, 18% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0001 million SLC per person | 0 million SLC per person | 0.0001 million SLC per person | 10 |
| 1980s | 0.0002 million SLC per person | 0.0001 million SLC per person | 0.0004 million SLC per person | 10 |
| 1990s | 0.0006 million SLC per person | 0.0003 million SLC per person | 0.0009 million SLC per person | 10 |
| 2000s | 0.0011 million SLC per person | 0.0006 million SLC per person | 0.0016 million SLC per person | 10 |
| 2010s | 0.0027 million SLC per person | 0.0022 million SLC per person | 0.0037 million SLC per person | 10 |
| 2020s | 0.0036 million SLC per person | 0.0029 million SLC per person | 0.0042 million SLC per person | 5 |
Countries ranked near Solomon Islands
- 165 Lesotho 0.005 million SLC per person compare
- 166 Latvia 0.005 million SLC per person compare
- 167 Libya 0.0043 million SLC per person compare
- 169 Samoa 0.0042 million SLC per person compare
- 170 Bosnia and Herzegovina 0.0038 million SLC per person compare
- 171 Ghana 0.0035 million SLC per person 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, per in Solomon Islands?
- Gross fixed capital formation — value standard local currency, per in Solomon Islands was 0.0042 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Solomon Islands?
- The highest recorded value was 0.0042 million SLC per person in 2024.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Solomon Islands?
- The lowest recorded value was 0 million SLC per person in 1970.
- How does Solomon Islands rank for gross fixed capital formation — value standard local currency, per?
- Solomon Islands ranks 168th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Solomon Islands?
- Over the last ten years it is up 88.0%. 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, per capita. Statizoid updates them automatically from the source API.
Download this data
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 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 ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.