Industry (including construction), value added in Solomon Islands
Solomon Islands: Industry (including construction), value added was 8.3% in 2024. ◆ Volatile
Industry (including construction), value added in Solomon Islands, 2004–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.
Analysis
The most recent figure for industry (including construction), value added in Solomon Islands is 8.3%, measured in 2024.
The figure is down 33.5% on the previous year and up 163.5% over ten years.
Over the whole period, industry (including construction), value added in Solomon Islands peaked at 26.8% in 2011 and was at its lowest, -13.1%, in 2014.
Solomon Islands ranks 33rd of 197 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added in Solomon Islands, year by year
| Year | annual % growth | Change |
|---|---|---|
| 2004 | -4.1% | — |
| 2005 | -3.5% | -14.2% |
| 2006 | 11.2% | -421.5% |
| 2007 | 9.0% | -20.0% |
| 2008 | 11.1% | +24.0% |
| 2009 | -0.3% | -102.5% |
| 2010 | 13.2% | -4910.3% |
| 2011 | 26.8% | +102.4% |
| 2012 | -0.9% | -103.5% |
| 2013 | -7.2% | +673.4% |
| 2014 | -13.1% | +83.3% |
| 2015 | -4.0% | -69.3% |
| 2016 | 5.0% | -223.7% |
| 2017 | 9.5% | +89.4% |
| 2018 | 1.3% | -86.1% |
| 2019 | 3.5% | +165.3% |
| 2020 | -3.8% | -209.8% |
| 2021 | 3.1% | -179.7% |
| 2022 | 2.1% | -31.5% |
| 2023 | 12.5% | +498.4% |
| 2024 | 8.3% | -33.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.9% | -4.1% | 11.2% | 6 |
| 2010s | 3.4% | -13.1% | 26.8% | 10 |
| 2020s | 4.4% | -3.8% | 12.5% | 5 |
Countries ranked near Solomon Islands
- 30 Niger 8.5% compare
- 31 Uzbekistan 8.4% compare
- 32 El Salvador 8.3% compare
- 34 Costa Rica 8.1% compare
- 35 Palestine, State of 8.0% compare
- 36 Tanzania, United Republic of 7.8% 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 domestic savings (current US$), annual growth rate -74.91 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP -0.081 current US$ per US$ of GDP (2024)
- Gross domestic savings (current US$), per capita -156.71 current US$ per person (2024)
- Gross domestic savings (current LCU), annual growth rate -76.56 % change on previous year (2024)
- Gross domestic savings (current LCU), per unit of GDP -0.6853 current LCU per US$ of GDP (2024)
- Gross domestic savings (current LCU), per capita -1,325 current LCU per person (2024)
- GNI, Atlas method (current US$), annual growth rate 8.65 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9706 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is industry (including construction), value added in Solomon Islands?
- Industry (including construction), value added in Solomon Islands was 8.3% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Solomon Islands?
- The highest recorded value was 26.8% in 2011.
- What is the lowest industry (including construction), value added recorded in Solomon Islands?
- The lowest recorded value was -13.1% in 2014.
- How does Solomon Islands rank for industry (including construction), value added?
- Solomon Islands ranks 33rd out of 197 countries with data for 2024.
- Is industry (including construction), value added rising or falling in Solomon Islands?
- Over the last ten years it is up 163.5%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Industry (including construction), value added (annual % growth). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.