Gross Fixed Capital Formation — Value Standard Local Currency, per in Solomon Islands
Solomon Islands: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.1139 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.1139 million SLC per square kilometre
Change on year
up 7.1%
World rank
178th
of 194 countries
All-time high
0.1139 million SLC per square kilometre
in 2023
All-time low
0.0002 million SLC per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, per in Solomon Islands, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
Solomon Islands recorded 0.1139 million SLC per square kilometre for gross fixed capital formation — value standard local currency, per in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 7.1% on the previous year and up 117.7% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Solomon Islands peaked at 0.1139 million SLC per square kilometre in 2023 and was at its lowest, 0.0002 million SLC per square kilometre, in 1970.
That places Solomon Islands 178th 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, per in Solomon Islands, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0002 million SLC per square kilometre | — |
| 1971 | 0.0003 million SLC per square kilometre | +71.4% |
| 1972 | 0.0003 million SLC per square kilometre | +1.4% |
| 1973 | 0.0003 million SLC per square kilometre | +13.5% |
| 1974 | 0.0004 million SLC per square kilometre | +31.4% |
| 1975 | 0.0005 million SLC per square kilometre | +21.4% |
| 1976 | 0.0005 million SLC per square kilometre | +1.0% |
| 1977 | 0.0006 million SLC per square kilometre | +15.9% |
| 1978 | 0.0007 million SLC per square kilometre | +22.0% |
| 1979 | 0.0008 million SLC per square kilometre | +21.2% |
| 1980 | 0.0009 million SLC per square kilometre | +14.4% |
| 1981 | 0.001 million SLC per square kilometre | +11.1% |
| 1982 | 0.0012 million SLC per square kilometre | +13.2% |
| 1983 | 0.0011 million SLC per square kilometre | -6.1% |
| 1984 | 0.0015 million SLC per square kilometre | +39.0% |
| 1985 | 0.0018 million SLC per square kilometre | +16.0% |
| 1986 | 0.0023 million SLC per square kilometre | +27.5% |
| 1987 | 0.0021 million SLC per square kilometre | -6.3% |
| 1988 | 0.0039 million SLC per square kilometre | +84.6% |
| 1989 | 0.0039 million SLC per square kilometre | -1.9% |
| 1990 | 0.0033 million SLC per square kilometre | -15.3% |
| 1991 | 0.0048 million SLC per square kilometre | +47.9% |
| 1992 | 0.0043 million SLC per square kilometre | -11.9% |
| 1993 | 0.0053 million SLC per square kilometre | +24.1% |
| 1994 | 0.0076 million SLC per square kilometre | +43.6% |
| 1995 | 0.008 million SLC per square kilometre | +6.1% |
| 1996 | 0.0099 million SLC per square kilometre | +22.6% |
| 1997 | 0.011 million SLC per square kilometre | +11.2% |
| 1998 | 0.0125 million SLC per square kilometre | +14.2% |
| 1999 | 0.0138 million SLC per square kilometre | +10.4% |
| 2000 | 0.0133 million SLC per square kilometre | -3.6% |
| 2001 | 0.014 million SLC per square kilometre | +5.2% |
| 2002 | 0.0163 million SLC per square kilometre | +16.0% |
| 2003 | 0.0101 million SLC per square kilometre | -37.8% |
| 2004 | 0.0124 million SLC per square kilometre | +22.7% |
| 2005 | 0.0187 million SLC per square kilometre | +51.0% |
| 2006 | 0.0195 million SLC per square kilometre | +4.2% |
| 2007 | 0.0249 million SLC per square kilometre | +27.4% |
| 2008 | 0.0287 million SLC per square kilometre | +15.5% |
| 2009 | 0.0297 million SLC per square kilometre | +3.1% |
| 2010 | 0.0464 million SLC per square kilometre | +56.6% |
| 2011 | 0.0436 million SLC per square kilometre | -6.1% |
| 2012 | 0.0498 million SLC per square kilometre | +14.3% |
| 2013 | 0.0523 million SLC per square kilometre | +5.0% |
| 2014 | 0.049 million SLC per square kilometre | -6.4% |
| 2015 | 0.0591 million SLC per square kilometre | +20.6% |
| 2016 | 0.0623 million SLC per square kilometre | +5.4% |
| 2017 | 0.0751 million SLC per square kilometre | +20.6% |
| 2018 | 0.0795 million SLC per square kilometre | +5.8% |
| 2019 | 0.0966 million SLC per square kilometre | +21.6% |
| 2020 | 0.0848 million SLC per square kilometre | -12.2% |
| 2021 | 0.0784 million SLC per square kilometre | -7.5% |
| 2022 | 0.1064 million SLC per square kilometre | +35.7% |
| 2023 | 0.1139 million SLC per square kilometre | +7.1% |
Solomon Islands compared with similar countries
- Solomon Islands's 0.1139 million SLC per square kilometre is below the median for lower middle income countries, which is 4.03 million SLC per square kilometre, 3% of the median. (44 countries reporting)
- Solomon Islands's 0.1139 million SLC per square kilometre is below the median for East Asia & Pacific, which is 2.25 million SLC per square kilometre, 5% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0004 million SLC per square kilometre | 0.0002 million SLC per square kilometre | 0.0008 million SLC per square kilometre | 10 |
| 1980s | 0.002 million SLC per square kilometre | 0.0009 million SLC per square kilometre | 0.0039 million SLC per square kilometre | 10 |
| 1990s | 0.008 million SLC per square kilometre | 0.0033 million SLC per square kilometre | 0.0138 million SLC per square kilometre | 10 |
| 2000s | 0.0188 million SLC per square kilometre | 0.0101 million SLC per square kilometre | 0.0297 million SLC per square kilometre | 10 |
| 2010s | 0.0614 million SLC per square kilometre | 0.0436 million SLC per square kilometre | 0.0966 million SLC per square kilometre | 10 |
| 2020s | 0.0959 million SLC per square kilometre | 0.0784 million SLC per square kilometre | 0.1139 million SLC per square kilometre | 4 |
Countries ranked near Solomon Islands
- 175 Kiribati 0.1363 million SLC per square kilometre compare
- 176 Botswana 0.1194 million SLC per square kilometre compare
- 177 Fiji 0.1148 million SLC per square kilometre compare
- 179 Montenegro 0.1016 million SLC per square kilometre compare
- 180 Ecuador 0.094 million SLC per square kilometre compare
- 181 Mauritania 0.0885 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, per in Solomon Islands?
- Gross fixed capital formation — value standard local currency, per in Solomon Islands was 0.1139 million SLC per square kilometre in 2023, 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 0.1139 million SLC per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Solomon Islands?
- The lowest recorded value was 0.0002 million SLC per square kilometre in 1970.
- How does Solomon Islands rank for gross fixed capital formation — value standard local currency, per?
- Solomon Islands ranks 178th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Solomon Islands?
- Over the last ten years it is up 117.7%. 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 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 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency 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 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.