Gross Fixed Capital Formation — Value US$, per square kilometre in Solomon Islands
Solomon Islands: Gross Fixed Capital Formation — Value US$, per square kilometre was 0.0136 million USD per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value US$, per square kilometre in Solomon Islands, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
Solomon Islands recorded 0.0136 million USD per square kilometre for gross fixed capital formation — value us$, per square kilometre in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 4.3% on the previous year and up 89.8% over ten years.
Over the whole period, gross fixed capital formation — value us$, per square kilometre in Solomon Islands peaked at 0.0136 million USD per square kilometre in 2023 and was at its lowest, 0.0002 million USD per square kilometre, in 1970.
Solomon Islands ranks 164th of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, per square kilometre in Solomon Islands, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0.0002 million USD per square kilometre | — |
| 1971 | 0.0003 million USD per square kilometre | +73.6% |
| 1972 | 0.0003 million USD per square kilometre | +6.8% |
| 1973 | 0.0004 million USD per square kilometre | +35.0% |
| 1974 | 0.0006 million USD per square kilometre | +32.5% |
| 1975 | 0.0006 million USD per square kilometre | +11.0% |
| 1976 | 0.0006 million USD per square kilometre | -5.7% |
| 1977 | 0.0006 million USD per square kilometre | +5.2% |
| 1978 | 0.0008 million USD per square kilometre | +26.0% |
| 1979 | 0.0009 million USD per square kilometre | +22.3% |
| 1980 | 0.0011 million USD per square kilometre | +19.3% |
| 1981 | 0.0012 million USD per square kilometre | +6.0% |
| 1982 | 0.0012 million USD per square kilometre | +1.5% |
| 1983 | 0.001 million USD per square kilometre | -20.6% |
| 1984 | 0.0012 million USD per square kilometre | +25.3% |
| 1985 | 0.0012 million USD per square kilometre | -0.2% |
| 1986 | 0.0013 million USD per square kilometre | +8.4% |
| 1987 | 0.0011 million USD per square kilometre | -18.5% |
| 1988 | 0.0019 million USD per square kilometre | +77.5% |
| 1989 | 0.0017 million USD per square kilometre | -10.9% |
| 1990 | 0.0013 million USD per square kilometre | -23.2% |
| 1991 | 0.0018 million USD per square kilometre | +37.8% |
| 1992 | 0.0015 million USD per square kilometre | -18.3% |
| 1993 | 0.0017 million USD per square kilometre | +14.0% |
| 1994 | 0.0023 million USD per square kilometre | +39.1% |
| 1995 | 0.0024 million USD per square kilometre | +2.6% |
| 1996 | 0.0028 million USD per square kilometre | +17.1% |
| 1997 | 0.003 million USD per square kilometre | +6.6% |
| 1998 | 0.0026 million USD per square kilometre | -11.9% |
| 1999 | 0.0029 million USD per square kilometre | +9.9% |
| 2000 | 0.0026 million USD per square kilometre | -8.3% |
| 2001 | 0.0027 million USD per square kilometre | +1.4% |
| 2002 | 0.0024 million USD per square kilometre | -9.3% |
| 2003 | 0.0013 million USD per square kilometre | -44.1% |
| 2004 | 0.0017 million USD per square kilometre | +23.0% |
| 2005 | 0.0025 million USD per square kilometre | +50.1% |
| 2006 | 0.0026 million USD per square kilometre | +3.2% |
| 2007 | 0.0033 million USD per square kilometre | +26.7% |
| 2008 | 0.0037 million USD per square kilometre | +14.0% |
| 2009 | 0.0037 million USD per square kilometre | -0.8% |
| 2010 | 0.0058 million USD per square kilometre | +56.4% |
| 2011 | 0.0057 million USD per square kilometre | -0.9% |
| 2012 | 0.0068 million USD per square kilometre | +18.7% |
| 2013 | 0.0072 million USD per square kilometre | +5.7% |
| 2014 | 0.0066 million USD per square kilometre | -7.3% |
| 2015 | 0.0075 million USD per square kilometre | +12.3% |
| 2016 | 0.0078 million USD per square kilometre | +5.0% |
| 2017 | 0.0095 million USD per square kilometre | +21.5% |
| 2018 | 0.01 million USD per square kilometre | +4.9% |
| 2019 | 0.0118 million USD per square kilometre | +18.3% |
| 2020 | 0.0103 million USD per square kilometre | -12.7% |
| 2021 | 0.0098 million USD per square kilometre | -5.4% |
| 2022 | 0.013 million USD per square kilometre | +33.6% |
| 2023 | 0.0136 million USD per square kilometre | +4.3% |
Solomon Islands compared with similar countries
- Solomon Islands's 0.0136 million USD per square kilometre is below the median for lower middle income countries, which is 0.0393 million USD per square kilometre, 35% of the median. (44 countries reporting)
- Solomon Islands's 0.0136 million USD per square kilometre is below the median for East Asia & Pacific, which is 0.2024 million USD per square kilometre, 7% of the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0005 million USD per square kilometre | 0.0002 million USD per square kilometre | 0.0009 million USD per square kilometre | 10 |
| 1980s | 0.0013 million USD per square kilometre | 0.001 million USD per square kilometre | 0.0019 million USD per square kilometre | 10 |
| 1990s | 0.0022 million USD per square kilometre | 0.0013 million USD per square kilometre | 0.003 million USD per square kilometre | 10 |
| 2000s | 0.0026 million USD per square kilometre | 0.0013 million USD per square kilometre | 0.0037 million USD per square kilometre | 10 |
| 2010s | 0.0079 million USD per square kilometre | 0.0057 million USD per square kilometre | 0.0118 million USD per square kilometre | 10 |
| 2020s | 0.0117 million USD per square kilometre | 0.0098 million USD per square kilometre | 0.0136 million USD per square kilometre | 4 |
Countries ranked near Solomon Islands
- 161 Laos 0.0177 million USD per square kilometre compare
- 162 Sierra Leone 0.0176 million USD per square kilometre compare
- 163 Gabon 0.0136 million USD per square kilometre compare
- 165 Burkina Faso 0.0128 million USD per square kilometre compare
- 166 Guinea 0.0119 million USD per square kilometre compare
- 167 Guyana 0.0113 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$), annual growth rate -0.3505 % change on previous year (2024)
Frequently asked questions
- What is gross fixed capital formation — value us$, per square kilometre in Solomon Islands?
- Gross fixed capital formation — value us$, per square kilometre in Solomon Islands was 0.0136 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, per square kilometre recorded in Solomon Islands?
- The highest recorded value was 0.0136 million USD per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value us$, per square kilometre recorded in Solomon Islands?
- The lowest recorded value was 0.0002 million USD per square kilometre in 1970.
- How does Solomon Islands rank for gross fixed capital formation — value us$, per square kilometre?
- Solomon Islands ranks 164th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, per square kilometre rising or falling in Solomon Islands?
- Over the last ten years it is up 89.8%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 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$ 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$ ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$ 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$ 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.