Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Solomon Islands
Solomon Islands: Gross Fixed Capital Formation — Value US$, 2015 prices, per square was 0.0129 million USD per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.0129 million USD per square kilometre
Change on year
up 3.1%
World rank
168th
of 194 countries
All-time high
0.0129 million USD per square kilometre
in 2023
All-time low
0.001 million USD per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Solomon Islands, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
In 2023, gross fixed capital formation — value us$, 2015 prices, per square in Solomon Islands stood at 0.0129 million USD per square kilometre. That is the highest value across all 54 years on record.
That represents a change of up 3.1% on the previous year and up 93.9% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, per square in Solomon Islands peaked at 0.0129 million USD per square kilometre in 2023 and was at its lowest, 0.001 million USD per square kilometre, in 1970.
Solomon Islands ranks 168th of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, per square in Solomon Islands, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.001 million USD per square kilometre | — |
| 1971 | 0.0017 million USD per square kilometre | +69.0% |
| 1972 | 0.0017 million USD per square kilometre | +0.2% |
| 1973 | 0.0019 million USD per square kilometre | +9.9% |
| 1974 | 0.0021 million USD per square kilometre | +10.5% |
| 1975 | 0.0024 million USD per square kilometre | +14.0% |
| 1976 | 0.0023 million USD per square kilometre | -3.7% |
| 1977 | 0.0024 million USD per square kilometre | +3.9% |
| 1978 | 0.0028 million USD per square kilometre | +14.6% |
| 1979 | 0.0031 million USD per square kilometre | +12.3% |
| 1980 | 0.0032 million USD per square kilometre | +1.4% |
| 1981 | 0.0032 million USD per square kilometre | +0.4% |
| 1982 | 0.0032 million USD per square kilometre | -0.7% |
| 1983 | 0.0031 million USD per square kilometre | -2.2% |
| 1984 | 0.0029 million USD per square kilometre | -5.0% |
| 1985 | 0.0033 million USD per square kilometre | +11.6% |
| 1986 | 0.0039 million USD per square kilometre | +18.7% |
| 1987 | 0.0032 million USD per square kilometre | -17.3% |
| 1988 | 0.005 million USD per square kilometre | +55.2% |
| 1989 | 0.0028 million USD per square kilometre | -43.8% |
| 1990 | 0.0024 million USD per square kilometre | -15.1% |
| 1991 | 0.0021 million USD per square kilometre | -11.6% |
| 1992 | 0.0022 million USD per square kilometre | +3.9% |
| 1993 | 0.0027 million USD per square kilometre | +23.5% |
| 1994 | 0.003 million USD per square kilometre | +10.1% |
| 1995 | 0.0027 million USD per square kilometre | -10.1% |
| 1996 | 0.0024 million USD per square kilometre | -11.1% |
| 1997 | 0.0026 million USD per square kilometre | +10.2% |
| 1998 | 0.0043 million USD per square kilometre | +62.5% |
| 1999 | 0.0029 million USD per square kilometre | -31.5% |
| 2000 | 0.0023 million USD per square kilometre | -22.1% |
| 2001 | 0.0022 million USD per square kilometre | -2.7% |
| 2002 | 0.0016 million USD per square kilometre | -27.8% |
| 2003 | 0.0026 million USD per square kilometre | +62.2% |
| 2004 | 0.003 million USD per square kilometre | +15.2% |
| 2005 | 0.0051 million USD per square kilometre | +71.0% |
| 2006 | 0.0052 million USD per square kilometre | +1.0% |
| 2007 | 0.0059 million USD per square kilometre | +15.1% |
| 2008 | 0.0062 million USD per square kilometre | +4.0% |
| 2009 | 0.006 million USD per square kilometre | -2.8% |
| 2010 | 0.0111 million USD per square kilometre | +85.2% |
| 2011 | 0.0065 million USD per square kilometre | -41.1% |
| 2012 | 0.0068 million USD per square kilometre | +4.9% |
| 2013 | 0.0067 million USD per square kilometre | -2.6% |
| 2014 | 0.0062 million USD per square kilometre | -6.7% |
| 2015 | 0.0075 million USD per square kilometre | +19.9% |
| 2016 | 0.0078 million USD per square kilometre | +4.9% |
| 2017 | 0.0093 million USD per square kilometre | +19.3% |
| 2018 | 0.01 million USD per square kilometre | +6.5% |
| 2019 | 0.012 million USD per square kilometre | +20.0% |
| 2020 | 0.0104 million USD per square kilometre | -12.6% |
| 2021 | 0.0092 million USD per square kilometre | -11.7% |
| 2022 | 0.0125 million USD per square kilometre | +36.0% |
| 2023 | 0.0129 million USD per square kilometre | +3.1% |
Solomon Islands compared with similar countries
- Solomon Islands's 0.0129 million USD per square kilometre is below the median for lower middle income countries, which is 0.0398 million USD per square kilometre, 32% of the median. (44 countries reporting)
- Solomon Islands's 0.0129 million USD per square kilometre is below the median for East Asia & Pacific, which is 0.1742 million USD per square kilometre, 7% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0022 million USD per square kilometre | 0.001 million USD per square kilometre | 0.0031 million USD per square kilometre | 10 |
| 1980s | 0.0034 million USD per square kilometre | 0.0028 million USD per square kilometre | 0.005 million USD per square kilometre | 10 |
| 1990s | 0.0027 million USD per square kilometre | 0.0021 million USD per square kilometre | 0.0043 million USD per square kilometre | 10 |
| 2000s | 0.004 million USD per square kilometre | 0.0016 million USD per square kilometre | 0.0062 million USD per square kilometre | 10 |
| 2010s | 0.0084 million USD per square kilometre | 0.0062 million USD per square kilometre | 0.012 million USD per square kilometre | 10 |
| 2020s | 0.0113 million USD per square kilometre | 0.0092 million USD per square kilometre | 0.0129 million USD per square kilometre | 4 |
Countries ranked near Solomon Islands
- 165 Burundi 0.0152 million USD per square kilometre compare
- 166 Yemen 0.0134 million USD per square kilometre compare
- 167 Burkina Faso 0.0131 million USD per square kilometre compare
- 169 Guyana 0.0129 million USD per square kilometre compare
- 170 Moldova 0.0115 million USD per square kilometre compare
- 171 Zambia 0.0097 million USD 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$), annual growth rate -0.3505 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, per square in Solomon Islands?
- Gross fixed capital formation — value us$, 2015 prices, per square in Solomon Islands was 0.0129 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, per square recorded in Solomon Islands?
- The highest recorded value was 0.0129 million USD per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, per square recorded in Solomon Islands?
- The lowest recorded value was 0.001 million USD per square kilometre in 1970.
- How does Solomon Islands rank for gross fixed capital formation — value us$, 2015 prices, per square?
- Solomon Islands ranks 168th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, 2015 prices, per square rising or falling in Solomon Islands?
- Over the last ten years it is up 93.9%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 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 US$, 2015 prices divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value US$, 2015 prices ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Fixed Capital Formation — Value US$, 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.