Industry (including construction), value added … unit GDP LCU in Solomon Islands
Solomon Islands: Industry (including construction), value added … unit GDP LCU was 1.16 constant LCU per US$ of GDP in 2024. ▼ Falling
Industry (including construction), value added (constant LCU), per in Solomon Islands, 2003–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Solomon Islands recorded 1.16 constant LCU per US$ of GDP for industry (including construction), value added (constant lcu), per in 2024.
That represents a change of up 3.0% on the previous year and up 20.3% over ten years.
Over the whole period, industry (including construction), value added (constant lcu), per in Solomon Islands peaked at 2.15 constant LCU per US$ of GDP in 2003 and was at its lowest, 0.8872 constant LCU per US$ of GDP, in 2018.
Solomon Islands ranks 105th of 198 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 22 years of available data.
Industry (including construction), value added … unit GDP LCU in Solomon Islands, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2003 | 2.15 constant LCU per US$ of GDP | — |
| 2004 | 1.84 constant LCU per US$ of GDP | -14.4% |
| 2005 | 1.51 constant LCU per US$ of GDP | -18.3% |
| 2006 | 1.5 constant LCU per US$ of GDP | -0.4% |
| 2007 | 1.45 constant LCU per US$ of GDP | -3.3% |
| 2008 | 1.44 constant LCU per US$ of GDP | -0.5% |
| 2009 | 1.39 constant LCU per US$ of GDP | -3.9% |
| 2010 | 1.41 constant LCU per US$ of GDP | +1.5% |
| 2011 | 1.51 constant LCU per US$ of GDP | +7.0% |
| 2012 | 1.34 constant LCU per US$ of GDP | -11.1% |
| 2013 | 1.15 constant LCU per US$ of GDP | -14.4% |
| 2014 | 0.9605 constant LCU per US$ of GDP | -16.4% |
| 2015 | 0.9412 constant LCU per US$ of GDP | -2.0% |
| 2016 | 0.9369 constant LCU per US$ of GDP | -0.5% |
| 2017 | 0.9625 constant LCU per US$ of GDP | +2.7% |
| 2018 | 0.8872 constant LCU per US$ of GDP | -7.8% |
| 2019 | 0.9162 constant LCU per US$ of GDP | +3.3% |
| 2020 | 0.9286 constant LCU per US$ of GDP | +1.4% |
| 2021 | 0.9434 constant LCU per US$ of GDP | +1.6% |
| 2022 | 1.02 constant LCU per US$ of GDP | +8.5% |
| 2023 | 1.12 constant LCU per US$ of GDP | +9.6% |
| 2024 | 1.16 constant LCU per US$ of GDP | +3.0% |
Solomon Islands compared with similar countries
- Solomon Islands's 1.16 constant LCU per US$ of GDP is below the median for lower middle income countries, which is 11.45 constant LCU per US$ of GDP, 10% of the median. (47 countries reporting)
- Solomon Islands's 1.16 constant LCU per US$ of GDP is above the median for East Asia & Pacific, which is 0.8065 constant LCU per US$ of GDP, 1.4× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.61 constant LCU per US$ of GDP | 1.39 constant LCU per US$ of GDP | 2.15 constant LCU per US$ of GDP | 7 |
| 2010s | 1.1 constant LCU per US$ of GDP | 0.8872 constant LCU per US$ of GDP | 1.51 constant LCU per US$ of GDP | 10 |
| 2020s | 1.03 constant LCU per US$ of GDP | 0.9286 constant LCU per US$ of GDP | 1.16 constant LCU per US$ of GDP | 5 |
Countries ranked near Solomon Islands
- 102 United Arab Emirates 1.48 constant LCU per US$ of GDP compare
- 103 Libya 1.34 constant LCU per US$ of GDP compare
- 104 Malaysia 1.31 constant LCU per US$ of GDP compare
- 106 Guatemala 1.15 constant LCU per US$ of GDP compare
- 107 Maldives 1.15 constant LCU per US$ of GDP compare
- 108 Greenland 1.14 constant 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)
- 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 lcu), per in Solomon Islands?
- Industry (including construction), value added (constant lcu), per in Solomon Islands was 1.16 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest industry (including construction), value added (constant lcu), per recorded in Solomon Islands?
- The highest recorded value was 2.15 constant LCU per US$ of GDP in 2003.
- What is the lowest industry (including construction), value added (constant lcu), per recorded in Solomon Islands?
- The lowest recorded value was 0.8872 constant LCU per US$ of GDP in 2018.
- How does Solomon Islands rank for industry (including construction), value added (constant lcu), per?
- Solomon Islands ranks 105th out of 198 countries with data for 2024.
- Is industry (including construction), value added (constant lcu), per rising or falling in Solomon Islands?
- Over the last ten years it is up 20.3%. 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 Industry (including construction), value added (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Industry (including construction), value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Industry (including construction), value added (constant LCU) ÷ GDP (current US$)
Computed from
- Industry (including construction), value added 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
Industry (including construction), value added (constant 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.