Industry (including construction), value … 2015 rate annual growth in Solomon Islands
Solomon Islands: Industry (including construction), value … 2015 rate annual growth was 8.33 % change on previous year in 2024. ◆ Volatile
Industry (including construction), value added (constant 2015 US$) in Solomon Islands, 2004–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Solomon Islands recorded 8.33 % change on previous year for industry (including construction), value added (constant 2015 us$) in 2024.
That represents a change of down 33.5% on the previous year and up 163.5% over ten years.
Over the whole period, industry (including construction), value added (constant 2015 us$) in Solomon Islands peaked at 26.75 % change on previous year in 2011 and was at its lowest, -13.13 % change on previous year, in 2014.
That places Solomon Islands 33rd out of 195 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value … 2015 rate annual growth in Solomon Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2004 | -4.06 % change on previous year | — |
| 2005 | -3.49 % change on previous year | -14.2% |
| 2006 | 11.21 % change on previous year | -421.5% |
| 2007 | 8.97 % change on previous year | -20.0% |
| 2008 | 11.12 % change on previous year | +24.0% |
| 2009 | -0.2746 % change on previous year | -102.5% |
| 2010 | 13.22 % change on previous year | -4913.8% |
| 2011 | 26.75 % change on previous year | +102.4% |
| 2012 | -0.9262 % change on previous year | -103.5% |
| 2013 | -7.16 % change on previous year | +673.1% |
| 2014 | -13.13 % change on previous year | +83.3% |
| 2015 | -4.03 % change on previous year | -69.3% |
| 2016 | 4.99 % change on previous year | -223.7% |
| 2017 | 9.46 % change on previous year | +89.4% |
| 2018 | 1.32 % change on previous year | -86.1% |
| 2019 | 3.49 % change on previous year | +165.3% |
| 2020 | -3.84 % change on previous year | -209.8% |
| 2021 | 3.06 % change on previous year | -179.7% |
| 2022 | 2.09 % change on previous year | -31.5% |
| 2023 | 12.53 % change on previous year | +498.4% |
| 2024 | 8.33 % change on previous year | -33.5% |
Solomon Islands compared with similar countries
- Solomon Islands's 8.33 % change on previous year is above the median for lower middle income countries, which is 4.73 % change on previous year, 1.8× the median. (46 countries reporting)
- Solomon Islands's 8.33 % change on previous year is above the median for East Asia & Pacific, which is 4.23 % change on previous year, 2.0× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Industry (including construction), value … 2015 rate annual growth in Solomon Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +4913.8% | -0.2746 % change on previous year | 13.22 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.91 % change on previous year | -4.06 % change on previous year | 11.21 % change on previous year | 6 |
| 2010s | 3.4 % change on previous year | -13.13 % change on previous year | 26.75 % change on previous year | 10 |
| 2020s | 4.43 % change on previous year | -3.84 % change on previous year | 12.53 % change on previous year | 5 |
Countries ranked near Solomon Islands
- 30 Niger 8.5 % change on previous year compare
- 31 Uzbekistan 8.39 % change on previous year compare
- 32 El Salvador 8.35 % change on previous year compare
- 34 Costa Rica 8.07 % change on previous year compare
- 35 Palestine 8.02 % change on previous year compare
- 36 Tanzania 7.8 % 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)
- 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 industry (including construction), value added (constant 2015 us$) in Solomon Islands?
- Industry (including construction), value added (constant 2015 us$) in Solomon Islands was 8.33 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant 2015 us$) recorded in Solomon Islands?
- The highest recorded value was 26.75 % change on previous year in 2011.
- What is the lowest industry (including construction), value added (constant 2015 us$) recorded in Solomon Islands?
- The lowest recorded value was -13.13 % change on previous year in 2014.
- How does Solomon Islands rank for industry (including construction), value added (constant 2015 us$)?
- Solomon Islands ranks 33rd out of 195 countries with data for 2024.
- Is industry (including construction), value added (constant 2015 us$) 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 Statizoid (derived), published as part of Industry (including construction), value added (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Industry (including construction), value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Industry (including construction), value added 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 Industry (including construction), value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.