Gross value added at basic prices (GVA) (current LCU), per unit of GDP in Solomon Islands
Solomon Islands: Gross value added at basic prices (GVA) (current LCU), per unit of GDP was 8.29 current LCU per US$ of GDP in 2024. ◆ Volatile
Gross value added at basic prices (GVA) (current LCU), per unit of GDP in Solomon Islands, 1971–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Solomon Islands recorded 8.29 current LCU per US$ of GDP for gross value added at basic prices (gva) (current lcu), per unit of gdp in 2024. That is the highest value across all 54 years on record.
That represents a change of up 1.1% on the previous year and up 14.9% over ten years.
Over the whole period, gross value added at basic prices (gva) (current lcu), per unit of gdp in Solomon Islands peaked at 8.29 current LCU per US$ of GDP in 2024 and was at its lowest, 0.6671 current LCU per US$ of GDP, in 1974.
That places Solomon Islands 107th out of 205 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current LCU), per unit of GDP in Solomon Islands, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1971 | 0.851 current LCU per US$ of GDP | — |
| 1972 | 0.8053 current LCU per US$ of GDP | -5.4% |
| 1973 | 0.6785 current LCU per US$ of GDP | -15.7% |
| 1974 | 0.6671 current LCU per US$ of GDP | -1.7% |
| 1975 | 0.7357 current LCU per US$ of GDP | +10.3% |
| 1976 | 0.7882 current LCU per US$ of GDP | +7.1% |
| 1977 | 0.8653 current LCU per US$ of GDP | +9.8% |
| 1978 | 0.8385 current LCU per US$ of GDP | -3.1% |
| 1979 | 0.8223 current LCU per US$ of GDP | -1.9% |
| 1980 | 0.7285 current LCU per US$ of GDP | -11.4% |
| 1981 | 0.7948 current LCU per US$ of GDP | +9.1% |
| 1982 | 0.8901 current LCU per US$ of GDP | +12.0% |
| 1983 | 1.08 current LCU per US$ of GDP | +21.3% |
| 1984 | 1.69 current LCU per US$ of GDP | +56.7% |
| 1985 | 1.98 current LCU per US$ of GDP | +16.8% |
| 1986 | 2.35 current LCU per US$ of GDP | +19.0% |
| 1987 | 2.93 current LCU per US$ of GDP | +24.6% |
| 1988 | 3.47 current LCU per US$ of GDP | +18.4% |
| 1989 | 4.19 current LCU per US$ of GDP | +20.7% |
| 1990 | 3.36 current LCU per US$ of GDP | -19.7% |
| 1991 | 3.61 current LCU per US$ of GDP | +7.4% |
| 1992 | 3.86 current LCU per US$ of GDP | +6.9% |
| 1993 | 4 current LCU per US$ of GDP | +3.6% |
| 1994 | 3.57 current LCU per US$ of GDP | -10.7% |
| 1995 | 3.57 current LCU per US$ of GDP | -0.1% |
| 1996 | 3.75 current LCU per US$ of GDP | +5.2% |
| 1997 | 3.81 current LCU per US$ of GDP | +1.5% |
| 1998 | 4.71 current LCU per US$ of GDP | +23.8% |
| 1999 | 4.52 current LCU per US$ of GDP | -4.0% |
| 2000 | 5.05 current LCU per US$ of GDP | +11.6% |
| 2001 | 5.25 current LCU per US$ of GDP | +4.0% |
| 2002 | 6.54 current LCU per US$ of GDP | +24.5% |
| 2003 | 6.16 current LCU per US$ of GDP | -5.7% |
| 2004 | 6.18 current LCU per US$ of GDP | +0.3% |
| 2005 | 6.34 current LCU per US$ of GDP | +2.6% |
| 2006 | 6.49 current LCU per US$ of GDP | +2.4% |
| 2007 | 6.66 current LCU per US$ of GDP | +2.6% |
| 2008 | 6.8 current LCU per US$ of GDP | +2.2% |
| 2009 | 7.18 current LCU per US$ of GDP | +5.5% |
| 2010 | 7.43 current LCU per US$ of GDP | +3.5% |
| 2011 | 7.33 current LCU per US$ of GDP | -1.3% |
| 2012 | 7.17 current LCU per US$ of GDP | -2.2% |
| 2013 | 7.12 current LCU per US$ of GDP | -0.6% |
| 2014 | 7.21 current LCU per US$ of GDP | +1.2% |
| 2015 | 7.74 current LCU per US$ of GDP | +7.4% |
| 2016 | 7.77 current LCU per US$ of GDP | +0.4% |
| 2017 | 7.72 current LCU per US$ of GDP | -0.7% |
| 2018 | 7.76 current LCU per US$ of GDP | +0.5% |
| 2019 | 7.99 current LCU per US$ of GDP | +2.9% |
| 2020 | 8.05 current LCU per US$ of GDP | +0.7% |
| 2021 | 7.87 current LCU per US$ of GDP | -2.2% |
| 2022 | 7.99 current LCU per US$ of GDP | +1.5% |
| 2023 | 8.2 current LCU per US$ of GDP | +2.6% |
| 2024 | 8.29 current LCU per US$ of GDP | +1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.7836 current LCU per US$ of GDP | 0.6671 current LCU per US$ of GDP | 0.8653 current LCU per US$ of GDP | 9 |
| 1980s | 2.01 current LCU per US$ of GDP | 0.7285 current LCU per US$ of GDP | 4.19 current LCU per US$ of GDP | 10 |
| 1990s | 3.88 current LCU per US$ of GDP | 3.36 current LCU per US$ of GDP | 4.71 current LCU per US$ of GDP | 10 |
| 2000s | 6.27 current LCU per US$ of GDP | 5.05 current LCU per US$ of GDP | 7.18 current LCU per US$ of GDP | 10 |
| 2010s | 7.53 current LCU per US$ of GDP | 7.12 current LCU per US$ of GDP | 7.99 current LCU per US$ of GDP | 10 |
| 2020s | 8.08 current LCU per US$ of GDP | 7.87 current LCU per US$ of GDP | 8.29 current LCU per US$ of GDP | 5 |
Countries ranked near Solomon Islands
- 104 Tajikistan 9.79 current LCU per US$ of GDP compare
- 105 Norway 9.48 current LCU per US$ of GDP compare
- 106 Sweden 8.8 current LCU per US$ of GDP compare
- 108 Morocco 8.24 current LCU per US$ of GDP compare
- 109 Macao 7.77 current LCU per US$ of GDP compare
- 110 Hong Kong 7.62 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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.3 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 16,023 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.9137 constant 2015 US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 1,767 constant 2015 US$ per person (2024)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 3 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 6.57 constant LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (constant LCU), per capita 12,702 constant LCU per person (2024)
Frequently asked questions
- What is gross value added at basic prices (gva) (current lcu), per unit of gdp in Solomon Islands?
- Gross value added at basic prices (gva) (current lcu), per unit of gdp in Solomon Islands was 8.29 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current lcu), per unit of gdp recorded in Solomon Islands?
- The highest recorded value was 8.29 current LCU per US$ of GDP in 2024.
- What is the lowest gross value added at basic prices (gva) (current lcu), per unit of gdp recorded in Solomon Islands?
- The lowest recorded value was 0.6671 current LCU per US$ of GDP in 1974.
- How does Solomon Islands rank for gross value added at basic prices (gva) (current lcu), per unit of gdp?
- Solomon Islands ranks 107th out of 205 countries with data for 2024.
- Is gross value added at basic prices (gva) (current lcu), per unit of gdp rising or falling in Solomon Islands?
- Over the last ten years it is up 14.9%. 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 value added at basic prices (GVA) (current 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) (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (current LCU) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Organizations and/or Central Banks
- 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) (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.