Gross value added at basic prices (GVA) (current US$), annual growth in Solomon Islands
Solomon Islands: Gross value added at basic prices (GVA) (current US$), annual growth was 5.31 % change on previous year in 2024. ◆ Volatile
Latest (2024)
5.31 % change on previous year
Change on year
up 104.3%
World rank
146th
of 205 countries
All-time high
52.06 % change on previous year
in 1974
All-time low
-19.42 % change on previous year
in 1972
Years of data
53
1972–2024
Gross value added at basic prices (GVA) (current US$), annual growth in Solomon Islands, 1972–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Solomon Islands recorded 5.31 % change on previous year for gross value added at basic prices (gva) (current us$), annual growth in 2024.
That represents a change of up 104.3% on the previous year and up 30.2% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), annual growth in Solomon Islands peaked at 52.06 % change on previous year in 1974 and was at its lowest, -19.42 % change on previous year, in 1972.
Solomon Islands ranks 146th of 205 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current US$), annual growth in Solomon Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1972 | -19.42 % change on previous year | — |
| 1973 | 36.08 % change on previous year | -285.8% |
| 1974 | 52.06 % change on previous year | +44.3% |
| 1975 | -11.07 % change on previous year | -121.3% |
| 1976 | 11.37 % change on previous year | -202.8% |
| 1977 | 11.66 % change on previous year | +2.5% |
| 1978 | 19.23 % change on previous year | +65.0% |
| 1979 | 34.81 % change on previous year | +81.0% |
| 1980 | 11.74 % change on previous year | -66.3% |
| 1981 | 10.26 % change on previous year | -12.6% |
| 1982 | -0.0955 % change on previous year | -100.9% |
| 1983 | -3.63 % change on previous year | +3703.0% |
| 1984 | 41.55 % change on previous year | -1244.1% |
| 1985 | -8.38 % change on previous year | -120.2% |
| 1986 | -9.75 % change on previous year | +16.3% |
| 1987 | 13.84 % change on previous year | -242.0% |
| 1988 | 29.55 % change on previous year | +113.5% |
| 1989 | 7.4 % change on previous year | -75.0% |
| 1990 | -9.5 % change on previous year | -228.4% |
| 1991 | 5.96 % change on previous year | -162.7% |
| 1992 | 17.16 % change on previous year | +188.0% |
| 1993 | 6.37 % change on previous year | -62.9% |
| 1994 | 15.84 % change on previous year | +148.6% |
| 1995 | 12.46 % change on previous year | -21.4% |
| 1996 | 9.22 % change on previous year | -26.0% |
| 1997 | 0.407 % change on previous year | -95.6% |
| 1998 | -16.97 % change on previous year | -4269.3% |
| 1999 | 1.93 % change on previous year | -111.4% |
| 2000 | -8.73 % change on previous year | -552.1% |
| 2001 | -2.15 % change on previous year | -75.3% |
| 2002 | -17.64 % change on previous year | +719.5% |
| 2003 | 2.19 % change on previous year | -112.4% |
| 2004 | 12.68 % change on previous year | +479.4% |
| 2005 | 20.45 % change on previous year | +61.3% |
| 2006 | 13.11 % change on previous year | -35.9% |
| 2007 | 14.88 % change on previous year | +13.5% |
| 2008 | 12.69 % change on previous year | -14.7% |
| 2009 | 5.26 % change on previous year | -58.6% |
| 2010 | 15.28 % change on previous year | +190.5% |
| 2011 | 23.35 % change on previous year | +52.8% |
| 2012 | 13.18 % change on previous year | -43.5% |
| 2013 | 8.62 % change on previous year | -34.6% |
| 2014 | 4.08 % change on previous year | -52.7% |
| 2015 | -2.03 % change on previous year | -149.8% |
| 2016 | 5.49 % change on previous year | -370.4% |
| 2017 | 6.67 % change on previous year | +21.4% |
| 2018 | 9.59 % change on previous year | +43.8% |
| 2019 | 0.3538 % change on previous year | -96.3% |
| 2020 | -4.93 % change on previous year | -1492.4% |
| 2021 | 1.52 % change on previous year | -130.8% |
| 2022 | -5.95 % change on previous year | -492.2% |
| 2023 | 2.6 % change on previous year | -143.7% |
| 2024 | 5.31 % change on previous year | +104.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 16.84 % change on previous year | -19.42 % change on previous year | 52.06 % change on previous year | 8 |
| 1980s | 9.25 % change on previous year | -9.75 % change on previous year | 41.55 % change on previous year | 10 |
| 1990s | 4.29 % change on previous year | -16.97 % change on previous year | 17.16 % change on previous year | 10 |
| 2000s | 5.27 % change on previous year | -17.64 % change on previous year | 20.45 % change on previous year | 10 |
| 2010s | 8.46 % change on previous year | -2.03 % change on previous year | 23.35 % change on previous year | 10 |
| 2020s | -0.2907 % change on previous year | -5.95 % change on previous year | 5.31 % change on previous year | 5 |
Countries ranked near Solomon Islands
- 143 Saint Kitts and Nevis 5.49 % change on previous year compare
- 144 Greenland 5.43 % change on previous year compare
- 145 Jordan 5.37 % change on previous year compare
- 147 Belize 5.31 % change on previous year compare
- 148 New Caledonia 5.27 % change on previous year compare
- 149 India 5.26 % change on previous year 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 US$), per unit of GDP 0.9801 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 1,895 current US$ per person (2024)
- 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 unit of GDP 8.29 current LCU per US$ of GDP (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)
Frequently asked questions
- What is gross value added at basic prices (gva) (current us$), annual growth in Solomon Islands?
- Gross value added at basic prices (gva) (current us$), annual growth in Solomon Islands was 5.31 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), annual growth recorded in Solomon Islands?
- The highest recorded value was 52.06 % change on previous year in 1974.
- What is the lowest gross value added at basic prices (gva) (current us$), annual growth recorded in Solomon Islands?
- The lowest recorded value was -19.42 % change on previous year in 1972.
- How does Solomon Islands rank for gross value added at basic prices (gva) (current us$), annual growth?
- Solomon Islands ranks 146th out of 205 countries with data for 2024.
- Is gross value added at basic prices (gva) (current us$), annual growth rising or falling in Solomon Islands?
- Over the last ten years it is up 30.2%. 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 value added at basic prices (GVA) (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
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
The year-on-year percentage change in Gross value added at basic prices (GVA) (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.