Gross savings (current LCU), per unit of GDP in Solomon Islands
Solomon Islands: Gross savings (current LCU), per unit of GDP was 0.0914 current LCU per US$ of GDP in 2024. ◆ Volatile
Gross savings (current LCU), per unit of GDP in Solomon Islands, 1980–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for gross savings (current lcu), per unit of gdp in Solomon Islands is 0.0914 current LCU per US$ of GDP, measured in 2024.
That represents a change of down 80.9% on the previous year and down 88.2% over ten years.
Over the whole period, gross savings (current lcu), per unit of gdp in Solomon Islands peaked at 1.66 current LCU per US$ of GDP in 2003 and was at its lowest, -1.85 current LCU per US$ of GDP, in 1985.
Solomon Islands ranks 170th of 178 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 savings (current LCU), per unit of GDP in Solomon Islands, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1980 | -1.05 current LCU per US$ of GDP | — |
| 1981 | -1.09 current LCU per US$ of GDP | +4.0% |
| 1982 | -1.25 current LCU per US$ of GDP | +15.2% |
| 1983 | -1.45 current LCU per US$ of GDP | +15.6% |
| 1984 | -1.61 current LCU per US$ of GDP | +10.9% |
| 1985 | -1.85 current LCU per US$ of GDP | +15.1% |
| 1986 | -0.9614 current LCU per US$ of GDP | -48.0% |
| 1987 | -0.378 current LCU per US$ of GDP | -60.7% |
| 1988 | -1.62 current LCU per US$ of GDP | +327.3% |
| 1989 | -1.37 current LCU per US$ of GDP | -15.1% |
| 1990 | -0.8825 current LCU per US$ of GDP | -35.6% |
| 1991 | -1.22 current LCU per US$ of GDP | +38.2% |
| 1992 | -0.5254 current LCU per US$ of GDP | -56.9% |
| 1993 | -0.8775 current LCU per US$ of GDP | +67.0% |
| 1994 | -0.4466 current LCU per US$ of GDP | -49.1% |
| 1995 | -0.2578 current LCU per US$ of GDP | -42.3% |
| 1996 | -0.3758 current LCU per US$ of GDP | +45.8% |
| 1997 | -0.2781 current LCU per US$ of GDP | -26.0% |
| 1998 | 0.3716 current LCU per US$ of GDP | -233.6% |
| 1999 | 0.2994 current LCU per US$ of GDP | -19.4% |
| 2000 | -0.3455 current LCU per US$ of GDP | -215.4% |
| 2001 | -1.04 current LCU per US$ of GDP | +200.1% |
| 2002 | -0.3039 current LCU per US$ of GDP | -70.7% |
| 2003 | 1.66 current LCU per US$ of GDP | -647.9% |
| 2004 | 1.26 current LCU per US$ of GDP | -24.1% |
| 2005 | 0.2036 current LCU per US$ of GDP | -83.9% |
| 2006 | 0.9687 current LCU per US$ of GDP | +375.7% |
| 2007 | 1.18 current LCU per US$ of GDP | +21.4% |
| 2008 | 0.9125 current LCU per US$ of GDP | -22.4% |
| 2009 | 1.05 current LCU per US$ of GDP | +14.6% |
| 2010 | 1.11 current LCU per US$ of GDP | +6.3% |
| 2011 | 1.41 current LCU per US$ of GDP | +27.2% |
| 2012 | 1.14 current LCU per US$ of GDP | -19.3% |
| 2013 | 1.13 current LCU per US$ of GDP | -1.3% |
| 2014 | 0.774 current LCU per US$ of GDP | -31.3% |
| 2015 | 0.9052 current LCU per US$ of GDP | +16.9% |
| 2016 | 0.7719 current LCU per US$ of GDP | -14.7% |
| 2017 | 1.19 current LCU per US$ of GDP | +54.5% |
| 2018 | 1.2 current LCU per US$ of GDP | +0.6% |
| 2019 | 1.07 current LCU per US$ of GDP | -10.7% |
| 2020 | 1.53 current LCU per US$ of GDP | +42.8% |
| 2021 | 1.52 current LCU per US$ of GDP | -0.8% |
| 2022 | 0.9592 current LCU per US$ of GDP | -36.8% |
| 2023 | 0.4783 current LCU per US$ of GDP | -50.1% |
| 2024 | 0.0914 current LCU per US$ of GDP | -80.9% |
Solomon Islands compared with similar countries
- Solomon Islands's 0.0914 current LCU per US$ of GDP is below the median for lower middle income countries, which is 10.43 current LCU per US$ of GDP, 1% of the median. (45 countries reporting)
- Solomon Islands's 0.0914 current LCU per US$ of GDP is below the median for East Asia & Pacific, which is 2.28 current LCU per US$ of GDP, 4% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current LCU), per unit of GDP in Solomon Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +647.9% | -0.3039 current LCU per US$ of GDP | 1.66 current LCU per US$ of GDP |
| 2006 | +375.7% | 0.2036 current LCU per US$ of GDP | 0.9687 current LCU per US$ of GDP |
| 1988 | -327.3% | -0.378 current LCU per US$ of GDP | -1.62 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -1.26 current LCU per US$ of GDP | -1.85 current LCU per US$ of GDP | -0.378 current LCU per US$ of GDP | 10 |
| 1990s | -0.4192 current LCU per US$ of GDP | -1.22 current LCU per US$ of GDP | 0.3716 current LCU per US$ of GDP | 10 |
| 2000s | 0.5549 current LCU per US$ of GDP | -1.04 current LCU per US$ of GDP | 1.66 current LCU per US$ of GDP | 10 |
| 2010s | 1.07 current LCU per US$ of GDP | 0.7719 current LCU per US$ of GDP | 1.41 current LCU per US$ of GDP | 10 |
| 2020s | 0.9156 current LCU per US$ of GDP | 0.0914 current LCU per US$ of GDP | 1.53 current LCU per US$ of GDP | 5 |
Countries ranked near Solomon Islands
- 167 Oman 0.1066 current LCU per US$ of GDP compare
- 168 Greece 0.0996 current LCU per US$ of GDP compare
- 169 Palestine 0.0919 current LCU per US$ of GDP compare
- 171 Jordan 0.091 current LCU per US$ of GDP compare
- 172 Montenegro 0.0624 current LCU per US$ of GDP compare
- 173 Venezuela 0 current LCU per US$ of GDP 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$), annual growth rate -0.3505 % change on previous year (2024)
Frequently asked questions
- What is gross savings (current lcu), per unit of gdp in Solomon Islands?
- Gross savings (current lcu), per unit of gdp in Solomon Islands was 0.0914 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current lcu), per unit of gdp recorded in Solomon Islands?
- The highest recorded value was 1.66 current LCU per US$ of GDP in 2003.
- What is the lowest gross savings (current lcu), per unit of gdp recorded in Solomon Islands?
- The lowest recorded value was -1.85 current LCU per US$ of GDP in 1985.
- How does Solomon Islands rank for gross savings (current lcu), per unit of gdp?
- Solomon Islands ranks 170th out of 178 countries with data for 2024.
- Is gross savings (current lcu), per unit of gdp rising or falling in Solomon Islands?
- Over the last ten years it is down 88.2%. 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 savings (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current LCU) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 savings (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.