Gross value added at basic prices (GVA) (current US$), per unit of GDP in Solomon Islands
Solomon Islands: Gross value added at basic prices (GVA) (current US$), per unit of GDP was 0.9801 current US$ per US$ of GDP in 2024. ▼ Falling
Gross value added at basic prices (GVA) (current US$), per unit of GDP in Solomon Islands, 1971–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
Solomon Islands recorded 0.9801 current US$ per US$ of GDP for gross value added at basic prices (gva) (current us$), per unit of gdp in 2024.
Compared with earlier readings it is up 0.1% on the previous year and up 0.3% over ten years.
Over the whole period, gross value added at basic prices (gva) (current us$), per unit of gdp in Solomon Islands peaked at 1.83 current US$ per US$ of GDP in 1989 and was at its lowest, 0.8213 current US$ per US$ of GDP, in 2003.
Solomon Islands ranks 24th of 205 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 54 years of available data.
Gross value added at basic prices (GVA) (current US$), per unit of GDP in Solomon Islands, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1971 | 0.9682 current US$ per US$ of GDP | — |
| 1972 | 0.9618 current US$ per US$ of GDP | -0.7% |
| 1973 | 0.9615 current US$ per US$ of GDP | -0.0% |
| 1974 | 0.9559 current US$ per US$ of GDP | -0.6% |
| 1975 | 0.9632 current US$ per US$ of GDP | +0.8% |
| 1976 | 0.9632 current US$ per US$ of GDP | +0.0% |
| 1977 | 0.9595 current US$ per US$ of GDP | -0.4% |
| 1978 | 0.9598 current US$ per US$ of GDP | +0.0% |
| 1979 | 0.9496 current US$ per US$ of GDP | -1.1% |
| 1980 | 0.8778 current US$ per US$ of GDP | -7.6% |
| 1981 | 0.9134 current US$ per US$ of GDP | +4.1% |
| 1982 | 0.9166 current US$ per US$ of GDP | +0.3% |
| 1983 | 0.9402 current US$ per US$ of GDP | +2.6% |
| 1984 | 1.33 current US$ per US$ of GDP | +41.3% |
| 1985 | 1.33 current US$ per US$ of GDP | +0.5% |
| 1986 | 1.35 current US$ per US$ of GDP | +1.2% |
| 1987 | 1.46 current US$ per US$ of GDP | +8.3% |
| 1988 | 1.67 current US$ per US$ of GDP | +13.9% |
| 1989 | 1.83 current US$ per US$ of GDP | +9.6% |
| 1990 | 1.33 current US$ per US$ of GDP | -27.2% |
| 1991 | 1.33 current US$ per US$ of GDP | +0.1% |
| 1992 | 1.32 current US$ per US$ of GDP | -0.9% |
| 1993 | 1.26 current US$ per US$ of GDP | -4.8% |
| 1994 | 1.09 current US$ per US$ of GDP | -13.5% |
| 1995 | 1.05 current US$ per US$ of GDP | -3.5% |
| 1996 | 1.05 current US$ per US$ of GDP | +0.4% |
| 1997 | 1.02 current US$ per US$ of GDP | -2.6% |
| 1998 | 0.9785 current US$ per US$ of GDP | -4.5% |
| 1999 | 0.9352 current US$ per US$ of GDP | -4.4% |
| 2000 | 0.9922 current US$ per US$ of GDP | +6.1% |
| 2001 | 0.9953 current US$ per US$ of GDP | +0.3% |
| 2002 | 0.969 current US$ per US$ of GDP | -2.6% |
| 2003 | 0.8213 current US$ per US$ of GDP | -15.2% |
| 2004 | 0.826 current US$ per US$ of GDP | +0.6% |
| 2005 | 0.8422 current US$ per US$ of GDP | +2.0% |
| 2006 | 0.8532 current US$ per US$ of GDP | +1.3% |
| 2007 | 0.8701 current US$ per US$ of GDP | +2.0% |
| 2008 | 0.8782 current US$ per US$ of GDP | +0.9% |
| 2009 | 0.8909 current US$ per US$ of GDP | +1.4% |
| 2010 | 0.9212 current US$ per US$ of GDP | +3.4% |
| 2011 | 0.9592 current US$ per US$ of GDP | +4.1% |
| 2012 | 0.9745 current US$ per US$ of GDP | +1.6% |
| 2013 | 0.9756 current US$ per US$ of GDP | +0.1% |
| 2014 | 0.9776 current US$ per US$ of GDP | +0.2% |
| 2015 | 0.978 current US$ per US$ of GDP | +0.0% |
| 2016 | 0.9782 current US$ per US$ of GDP | +0.0% |
| 2017 | 0.9793 current US$ per US$ of GDP | +0.1% |
| 2018 | 0.9764 current US$ per US$ of GDP | -0.3% |
| 2019 | 0.9776 current US$ per US$ of GDP | +0.1% |
| 2020 | 0.9797 current US$ per US$ of GDP | +0.2% |
| 2021 | 0.9804 current US$ per US$ of GDP | +0.1% |
| 2022 | 0.9797 current US$ per US$ of GDP | -0.1% |
| 2023 | 0.9788 current US$ per US$ of GDP | -0.1% |
| 2024 | 0.9801 current US$ per US$ of GDP | +0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.9603 current US$ per US$ of GDP | 0.9496 current US$ per US$ of GDP | 0.9682 current US$ per US$ of GDP | 9 |
| 1980s | 1.26 current US$ per US$ of GDP | 0.8778 current US$ per US$ of GDP | 1.83 current US$ per US$ of GDP | 10 |
| 1990s | 1.14 current US$ per US$ of GDP | 0.9352 current US$ per US$ of GDP | 1.33 current US$ per US$ of GDP | 10 |
| 2000s | 0.8938 current US$ per US$ of GDP | 0.8213 current US$ per US$ of GDP | 0.9953 current US$ per US$ of GDP | 10 |
| 2010s | 0.9698 current US$ per US$ of GDP | 0.9212 current US$ per US$ of GDP | 0.9793 current US$ per US$ of GDP | 10 |
| 2020s | 0.9798 current US$ per US$ of GDP | 0.9788 current US$ per US$ of GDP | 0.9804 current US$ per US$ of GDP | 5 |
Countries ranked near Solomon Islands
- 21 Angola 0.9914 current US$ per US$ of GDP compare
- 22 Equatorial Guinea 0.9908 current US$ per US$ of GDP compare
- 23 Malaysia 0.9871 current US$ per US$ of GDP compare
- 25 Hong Kong 0.9766 current US$ per US$ of GDP compare
- 26 Nigeria 0.9765 current US$ per US$ of GDP compare
- 27 Bangladesh 0.9759 current US$ 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 US$), annual growth 5.31 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), 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$), per unit of gdp in Solomon Islands?
- Gross value added at basic prices (gva) (current us$), per unit of gdp in Solomon Islands was 0.9801 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross value added at basic prices (gva) (current us$), per unit of gdp recorded in Solomon Islands?
- The highest recorded value was 1.83 current US$ per US$ of GDP in 1989.
- What is the lowest gross value added at basic prices (gva) (current us$), per unit of gdp recorded in Solomon Islands?
- The lowest recorded value was 0.8213 current US$ per US$ of GDP in 2003.
- How does Solomon Islands rank for gross value added at basic prices (gva) (current us$), per unit of gdp?
- Solomon Islands ranks 24th out of 205 countries with data for 2024.
- Is gross value added at basic prices (gva) (current us$), per unit of gdp rising or falling in Solomon Islands?
- Over the last ten years it is up 0.3%. 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) (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross value added at basic prices (GVA) (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross value added at basic prices (GVA) (current US$) ÷ GDP (current US$)
Computed from
- Gross value added at basic prices (GVA) Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross value added at basic prices (GVA) (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.