Gross value added at basic prices (GVA) (constant) … unit GDP constant in Solomon Islands
Solomon Islands: Gross value added at basic prices (GVA) (constant) … unit GDP constant was 6.57 constant LCU per US$ of GDP in 2024. ▼ Falling
Gross value added at basic prices (GVA) (constant LCU), per unit of in Solomon Islands, 2003–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for gross value added at basic prices (gva) (constant lcu), per unit of in Solomon Islands is 6.57 constant LCU per US$ of GDP, measured in 2024.
That represents a change of down 2.1% on the previous year and down 3.0% over ten years.
Over the whole period, gross value added at basic prices (gva) (constant lcu), per unit of in Solomon Islands peaked at 12.82 constant LCU per US$ of GDP in 2003 and was at its lowest, 6.36 constant LCU per US$ of GDP, in 2018.
Solomon Islands ranks 96th of 196 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 22 years of available data.
Gross value added at basic prices (GVA) (constant) … unit GDP constant in Solomon Islands, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2003 | 12.82 constant LCU per US$ of GDP | — |
| 2004 | 12.21 constant LCU per US$ of GDP | -4.8% |
| 2005 | 10.93 constant LCU per US$ of GDP | -10.4% |
| 2006 | 10.29 constant LCU per US$ of GDP | -5.9% |
| 2007 | 9.53 constant LCU per US$ of GDP | -7.4% |
| 2008 | 9.03 constant LCU per US$ of GDP | -5.2% |
| 2009 | 8.93 constant LCU per US$ of GDP | -1.1% |
| 2010 | 8.72 constant LCU per US$ of GDP | -2.4% |
| 2011 | 7.85 constant LCU per US$ of GDP | -9.9% |
| 2012 | 7.17 constant LCU per US$ of GDP | -8.7% |
| 2013 | 6.95 constant LCU per US$ of GDP | -3.0% |
| 2014 | 6.77 constant LCU per US$ of GDP | -2.6% |
| 2015 | 7.03 constant LCU per US$ of GDP | +3.8% |
| 2016 | 7.04 constant LCU per US$ of GDP | +0.1% |
| 2017 | 6.81 constant LCU per US$ of GDP | -3.3% |
| 2018 | 6.36 constant LCU per US$ of GDP | -6.5% |
| 2019 | 6.46 constant LCU per US$ of GDP | +1.5% |
| 2020 | 6.58 constant LCU per US$ of GDP | +1.8% |
| 2021 | 6.47 constant LCU per US$ of GDP | -1.7% |
| 2022 | 6.7 constant LCU per US$ of GDP | +3.5% |
| 2023 | 6.71 constant LCU per US$ of GDP | +0.1% |
| 2024 | 6.57 constant LCU per US$ of GDP | -2.1% |
Solomon Islands compared with similar countries
- Solomon Islands's 6.57 constant LCU per US$ of GDP is below the median for lower middle income countries, which is 54.63 constant LCU per US$ of GDP, 12% of the median. (47 countries reporting)
- Solomon Islands's 6.57 constant LCU per US$ of GDP is above the median for East Asia & Pacific, which is 5.1 constant LCU per US$ of GDP, 1.3× the median. (28 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.54 constant LCU per US$ of GDP | 8.93 constant LCU per US$ of GDP | 12.82 constant LCU per US$ of GDP | 7 |
| 2010s | 7.12 constant LCU per US$ of GDP | 6.36 constant LCU per US$ of GDP | 8.72 constant LCU per US$ of GDP | 10 |
| 2020s | 6.61 constant LCU per US$ of GDP | 6.47 constant LCU per US$ of GDP | 6.71 constant LCU per US$ of GDP | 5 |
Countries ranked near Solomon Islands
- 93 Hong Kong 7.17 constant LCU per US$ of GDP compare
- 94 Norway 6.74 constant LCU per US$ of GDP compare
- 95 Morocco 6.58 constant LCU per US$ of GDP compare
- 97 Honduras 6.03 constant LCU per US$ of GDP compare
- 98 Zambia 5.82 constant LCU per US$ of GDP compare
- 99 Trinidad and Tobago 5.7 constant 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)
- SDRs holdings, US dollar, annual growth rate -99.65 % change on previous year (2024)
- SDRs holdings, US dollar, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 7.33 units per person (2025)
- SDRs holdings, SDR, annual growth rate -99.64 % change on previous year (2024)
- SDRs holdings, SDR, per unit of GDP 0.0026 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 5.36 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -12.23 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0138 units per US$ of GDP (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) (constant lcu), per unit of in Solomon Islands?
- Gross value added at basic prices (gva) (constant lcu), per unit of in Solomon Islands was 6.57 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Solomon Islands?
- The highest recorded value was 12.82 constant LCU per US$ of GDP in 2003.
- What is the lowest gross value added at basic prices (gva) (constant lcu), per unit of recorded in Solomon Islands?
- The lowest recorded value was 6.36 constant LCU per US$ of GDP in 2018.
- How does Solomon Islands rank for gross value added at basic prices (gva) (constant lcu), per unit of?
- Solomon Islands ranks 96th out of 196 countries with data for 2024.
- Is gross value added at basic prices (gva) (constant lcu), per unit of rising or falling in Solomon Islands?
- Over the last ten years it is down 3.0%. The long-run trend across the full record is falling.
- Where does this Solomon Islands data come from?
- The figures come from Statizoid (derived), published as part of Gross value added at basic prices (GVA) (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (constant LCU) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) 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 value added at basic prices (GVA) (constant 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.