Manufacturing, value added (constant LCU), per unit of GDP in Solomon Islands
Solomon Islands: Manufacturing, value added (constant LCU), per unit of GDP was 0.5266 constant LCU per US$ of GDP in 2024. ▼ Falling
Manufacturing, value added (constant LCU), per unit of GDP in Solomon Islands, 2003–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2024, manufacturing, value added (constant lcu), per unit of gdp in Solomon Islands stood at 0.5266 constant LCU per US$ of GDP.
Compared with earlier readings it is down 1.4% on the previous year and down 0.4% over ten years.
Over the whole period, manufacturing, value added (constant lcu), per unit of gdp in Solomon Islands peaked at 1.35 constant LCU per US$ of GDP in 2003 and was at its lowest, 0.473 constant LCU per US$ of GDP, in 2015.
Solomon Islands ranks 99th of 190 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.
Manufacturing, value added (constant LCU), per unit of GDP in Solomon Islands, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2003 | 1.35 constant LCU per US$ of GDP | — |
| 2004 | 1.21 constant LCU per US$ of GDP | -10.2% |
| 2005 | 0.9658 constant LCU per US$ of GDP | -20.4% |
| 2006 | 0.9578 constant LCU per US$ of GDP | -0.8% |
| 2007 | 1.04 constant LCU per US$ of GDP | +8.9% |
| 2008 | 0.9183 constant LCU per US$ of GDP | -12.0% |
| 2009 | 0.885 constant LCU per US$ of GDP | -3.6% |
| 2010 | 0.8615 constant LCU per US$ of GDP | -2.7% |
| 2011 | 0.7438 constant LCU per US$ of GDP | -13.7% |
| 2012 | 0.6817 constant LCU per US$ of GDP | -8.3% |
| 2013 | 0.621 constant LCU per US$ of GDP | -8.9% |
| 2014 | 0.5288 constant LCU per US$ of GDP | -14.8% |
| 2015 | 0.473 constant LCU per US$ of GDP | -10.5% |
| 2016 | 0.5003 constant LCU per US$ of GDP | +5.8% |
| 2017 | 0.5533 constant LCU per US$ of GDP | +10.6% |
| 2018 | 0.5055 constant LCU per US$ of GDP | -8.6% |
| 2019 | 0.5058 constant LCU per US$ of GDP | +0.0% |
| 2020 | 0.5158 constant LCU per US$ of GDP | +2.0% |
| 2021 | 0.5149 constant LCU per US$ of GDP | -0.2% |
| 2022 | 0.5304 constant LCU per US$ of GDP | +3.0% |
| 2023 | 0.5342 constant LCU per US$ of GDP | +0.7% |
| 2024 | 0.5266 constant LCU per US$ of GDP | -1.4% |
Solomon Islands compared with similar countries
- Solomon Islands's 0.5266 constant LCU per US$ of GDP is below the median for lower middle income countries, which is 4.21 constant LCU per US$ of GDP, 13% of the median. (47 countries reporting)
- Solomon Islands's 0.5266 constant LCU per US$ of GDP is above the median for East Asia & Pacific, which is 0.2071 constant LCU per US$ of GDP, 2.5× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.05 constant LCU per US$ of GDP | 0.885 constant LCU per US$ of GDP | 1.35 constant LCU per US$ of GDP | 7 |
| 2010s | 0.5975 constant LCU per US$ of GDP | 0.473 constant LCU per US$ of GDP | 0.8615 constant LCU per US$ of GDP | 10 |
| 2020s | 0.5244 constant LCU per US$ of GDP | 0.5149 constant LCU per US$ of GDP | 0.5342 constant LCU per US$ of GDP | 5 |
Countries ranked near Solomon Islands
- 96 Belarus 0.557 constant LCU per US$ of GDP compare
- 97 Zambia 0.5482 constant LCU per US$ of GDP compare
- 98 Botswana 0.5464 constant LCU per US$ of GDP compare
- 100 Norway 0.4893 constant LCU per US$ of GDP compare
- 101 Suriname 0.4704 constant LCU per US$ of GDP compare
- 102 Tajikistan 0.4601 constant LCU per US$ of GDP
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 52.88 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0334 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 64.55 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 32.97 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -58.21 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0208 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 40.24 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -0.3505 % change on previous year (2024)
Frequently asked questions
- What is manufacturing, value added (constant lcu), per unit of gdp in Solomon Islands?
- Manufacturing, value added (constant lcu), per unit of gdp in Solomon Islands was 0.5266 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest manufacturing, value added (constant lcu), per unit of gdp recorded in Solomon Islands?
- The highest recorded value was 1.35 constant LCU per US$ of GDP in 2003.
- What is the lowest manufacturing, value added (constant lcu), per unit of gdp recorded in Solomon Islands?
- The lowest recorded value was 0.473 constant LCU per US$ of GDP in 2015.
- How does Solomon Islands rank for manufacturing, value added (constant lcu), per unit of gdp?
- Solomon Islands ranks 99th out of 190 countries with data for 2024.
- Is manufacturing, value added (constant lcu), per unit of gdp rising or falling in Solomon Islands?
- Over the last ten years it is down 0.4%. 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 Manufacturing, 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
Manufacturing, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Manufacturing, value added (constant LCU) ÷ GDP (current US$)
Computed from
- Manufacturing, 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
Manufacturing, 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.