Industry (including construction), value added (current LCU), annual in Solomon Islands

Solomon Islands: Industry (including construction), value added (current LCU), annual was 15.51 % change on previous year in 2024. ◆ Volatile

Latest (2024)
15.51 % change on previous year
Change on year
down 10.6%
World rank
37th
of 207 countries
All-time high
61.37 % change on previous year
in 2011
All-time low
-9.27 % change on previous year
in 2020
Years of data
21
2004–2024

Industry (including construction), value added (current LCU), annual in Solomon Islands, 2004–2024

02040602004201420242004: 13.7 % change on previous year2005: 5.6 % change on previous year2006: 22.4 % change on previous year2007: 21.3 % change on previous year2008: 16.2 % change on previous year2009: 24.2 % change on previous year2010: 22.5 % change on previous year2011: 61.4 % change on previous year2012: 4.9 % change on previous year2013: -7.6 % change on previous year2014: 13 % change on previous year2015: -3.1 % change on previous year2016: 5.9 % change on previous year2017: 19.6 % change on previous year2018: 10.8 % change on previous year2019: 6.1 % change on previous year2020: -9.3 % change on previous year2021: 5.3 % change on previous year2022: 0.834 % change on previous year2023: 17.3 % change on previous year2024: 15.5 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Solomon Islands recorded 15.51 % change on previous year for industry (including construction), value added (current lcu), annual in 2024.

Compared with earlier readings it is down 10.6% on the previous year and up 19.0% over ten years.

Over the whole period, industry (including construction), value added (current lcu), annual in Solomon Islands peaked at 61.37 % change on previous year in 2011 and was at its lowest, -9.27 % change on previous year, in 2020.

That places Solomon Islands 37th out of 207 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 added (current LCU), annual in Solomon Islands, year by year

Annual values for Industry (including construction), value added (current LCU), annual growth rate in Solomon Islands, 2004 to 2024.
Year % change on previous year Change
2004 13.67 % change on previous year
2005 5.64 % change on previous year -58.7%
2006 22.36 % change on previous year +296.3%
2007 21.28 % change on previous year -4.8%
2008 16.23 % change on previous year -23.7%
2009 24.24 % change on previous year +49.3%
2010 22.49 % change on previous year -7.2%
2011 61.37 % change on previous year +172.9%
2012 4.9 % change on previous year -92.0%
2013 -7.62 % change on previous year -255.5%
2014 13.04 % change on previous year -271.0%
2015 -3.07 % change on previous year -123.5%
2016 5.95 % change on previous year -294.0%
2017 19.64 % change on previous year +230.2%
2018 10.81 % change on previous year -44.9%
2019 6.05 % change on previous year -44.0%
2020 -9.27 % change on previous year -253.1%
2021 5.25 % change on previous year -156.7%
2022 0.8336 % change on previous year -84.1%
2023 17.35 % change on previous year +1980.9%
2024 15.51 % change on previous year -10.6%

Averages by decade

DecadeAverage LowestHighest Years
2000s 17.24 % change on previous year 5.64 % change on previous year 24.24 % change on previous year 6
2010s 13.36 % change on previous year -7.62 % change on previous year 61.37 % change on previous year 10
2020s 5.93 % change on previous year -9.27 % change on previous year 17.35 % change on previous year 5

Countries ranked near Solomon Islands

  1. 34 Seychelles 16.08 % change on previous year compare
  2. 35 Djibouti 16.05 % change on previous year compare
  3. 36 Tanzania 16.01 % change on previous year compare
  4. 38 Guinea 15.35 % change on previous year compare
  5. 39 Vanuatu 14.7 % change on previous year compare
  6. 40 Antigua and Barbuda 14.21 % change on previous year compare

See the full ranking of 208 places →

More economy & growth data for Solomon Islands

All data for Solomon Islands →

Frequently asked questions

What is industry (including construction), value added (current lcu), annual in Solomon Islands?
Industry (including construction), value added (current lcu), annual in Solomon Islands was 15.51 % change on previous year in 2024, according to Statizoid (derived).
What is the highest industry (including construction), value added (current lcu), annual recorded in Solomon Islands?
The highest recorded value was 61.37 % change on previous year in 2011.
What is the lowest industry (including construction), value added (current lcu), annual recorded in Solomon Islands?
The lowest recorded value was -9.27 % change on previous year in 2020.
How does Solomon Islands rank for industry (including construction), value added (current lcu), annual?
Solomon Islands ranks 37th out of 207 countries with data for 2024.
Is industry (including construction), value added (current lcu), annual rising or falling in Solomon Islands?
Over the last ten years it is up 19.0%. 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 (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Industry (including construction), value added (current LCU), annual in Solomon Islands. Statizoid, drawing on Statizoid (derived). Retrieved 02 September 2026, from https://economy.statizoid.com/stat/industry-including-construction-value-added-current-lcu-annual-growth-rate/solomon-islands/

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<a href="https://economy.statizoid.com/stat/industry-including-construction-value-added-current-lcu-annual-growth-rate/solomon-islands/">Industry (including construction), value added (current LCU), annual in Solomon Islands</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Industry (including construction), value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Industry (including construction), value added (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
208 places, 8,776 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Industry (including construction), value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.