Industry (including construction) … current US rate annual growth in Solomon Islands
Solomon Islands: Industry (including construction) … current US rate annual growth was 14.43 % change on previous year in 2024. ◆ Volatile
Industry (including construction), value added (current US$), annual in Solomon Islands, 2004–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for industry (including construction), value added (current us$), annual in Solomon Islands is 14.43 % change on previous year, measured in 2024.
Compared with earlier readings it is up 1.2% on the previous year and up 21.1% over ten years.
Over the whole period, industry (including construction), value added (current us$), annual in Solomon Islands peaked at 70.31 % change on previous year in 2011 and was at its lowest, -9.71 % change on previous year, in 2020.
Solomon Islands ranks 39th of 207 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) … current US rate annual growth in Solomon Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2004 | 14 % change on previous year | — |
| 2005 | 5.01 % change on previous year | -64.2% |
| 2006 | 21.08 % change on previous year | +320.9% |
| 2007 | 20.6 % change on previous year | -2.2% |
| 2008 | 14.79 % change on previous year | -28.2% |
| 2009 | 19.5 % change on previous year | +31.8% |
| 2010 | 22.34 % change on previous year | +14.6% |
| 2011 | 70.31 % change on previous year | +214.7% |
| 2012 | 8.98 % change on previous year | -87.2% |
| 2013 | -6.95 % change on previous year | -177.4% |
| 2014 | 11.91 % change on previous year | -271.4% |
| 2015 | -9.67 % change on previous year | -181.2% |
| 2016 | 5.5 % change on previous year | -156.9% |
| 2017 | 20.56 % change on previous year | +273.7% |
| 2018 | 9.91 % change on previous year | -51.8% |
| 2019 | 3.19 % change on previous year | -67.8% |
| 2020 | -9.71 % change on previous year | -404.6% |
| 2021 | 7.66 % change on previous year | -178.8% |
| 2022 | -0.7171 % change on previous year | -109.4% |
| 2023 | 14.26 % change on previous year | -2089.0% |
| 2024 | 14.43 % change on previous year | +1.2% |
Solomon Islands compared with similar countries
- Solomon Islands's 14.43 % change on previous year is above the median for lower middle income countries, which is 12.53 % change on previous year, 1.2× the median. (47 countries reporting)
- Solomon Islands's 14.43 % change on previous year is above the median for East Asia & Pacific, which is 5.26 % change on previous year, 2.7× the median. (32 countries reporting)
Biggest year-on-year movements
Years where Industry (including construction) … current US 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 |
|---|---|---|---|
| 2023 | +2089.0% | -0.7171 % change on previous year | 14.26 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 15.83 % change on previous year | 5.01 % change on previous year | 21.08 % change on previous year | 6 |
| 2010s | 13.61 % change on previous year | -9.67 % change on previous year | 70.31 % change on previous year | 10 |
| 2020s | 5.18 % change on previous year | -9.71 % change on previous year | 14.43 % change on previous year | 5 |
Countries ranked near Solomon Islands
- 36 Vanuatu 14.65 % change on previous year compare
- 37 Guinea 14.59 % change on previous year compare
- 38 Seychelles 14.54 % change on previous year compare
- 40 Zambia 14.41 % change on previous year compare
- 41 Cambodia 14.28 % change on previous year compare
- 42 Antigua and Barbuda 14.21 % 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 (current us$), annual in Solomon Islands?
- Industry (including construction), value added (current us$), annual in Solomon Islands was 14.43 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest industry (including construction), value added (current us$), annual recorded in Solomon Islands?
- The highest recorded value was 70.31 % change on previous year in 2011.
- What is the lowest industry (including construction), value added (current us$), annual recorded in Solomon Islands?
- The lowest recorded value was -9.71 % change on previous year in 2020.
- How does Solomon Islands rank for industry (including construction), value added (current us$), annual?
- Solomon Islands ranks 39th out of 207 countries with data for 2024.
- Is industry (including construction), value added (current us$), annual rising or falling in Solomon Islands?
- Over the last ten years it is up 21.1%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Industry (including construction), value added (current US$). 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 (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.