Manufacturing, value added (constant LCU) in Solomon Islands
Solomon Islands: Manufacturing, value added (constant LCU) was 834.12 million constant LCU in 2024. ▲ Rising
Manufacturing, value added in Solomon Islands, 2003–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2024, manufacturing, value added in Solomon Islands stood at 834.12 million constant LCU. That is the highest value across all 22 years on record.
Compared with earlier readings it is up 3.7% on the previous year and up 18.1% over ten years.
Over the whole period, manufacturing, value added in Solomon Islands peaked at 834.12 million constant LCU in 2024 and was at its lowest, 533.98 million constant LCU, in 2005.
Solomon Islands ranks 161st of 192 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 22 years of available data.
Manufacturing, value added (constant LCU) in Solomon Islands, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2003 | 564.63 million constant LCU | — |
| 2004 | 567.89 million constant LCU | +0.6% |
| 2005 | 533.98 million constant LCU | -6.0% |
| 2006 | 591.20 million constant LCU | +10.7% |
| 2007 | 725.31 million constant LCU | +22.7% |
| 2008 | 712.89 million constant LCU | -1.7% |
| 2009 | 712.94 million constant LCU | +0.0% |
| 2010 | 773.73 million constant LCU | +8.5% |
| 2011 | 791.33 million constant LCU | +2.3% |
| 2012 | 807.98 million constant LCU | +2.1% |
| 2013 | 798.58 million constant LCU | -1.2% |
| 2014 | 706.27 million constant LCU | -11.6% |
| 2015 | 618.68 million constant LCU | -12.4% |
| 2016 | 690.22 million constant LCU | +11.6% |
| 2017 | 813.20 million constant LCU | +17.8% |
| 2018 | 816.70 million constant LCU | +0.4% |
| 2019 | 818.90 million constant LCU | +0.3% |
| 2020 | 792.30 million constant LCU | -3.2% |
| 2021 | 802.44 million constant LCU | +1.3% |
| 2022 | 777.91 million constant LCU | -3.1% |
| 2023 | 804.55 million constant LCU | +3.4% |
| 2024 | 834.12 million constant LCU | +3.7% |
Solomon Islands compared with similar countries
- Solomon Islands's 834.12 million constant LCU is below the median for lower middle income countries, which is 81.72 billion constant LCU, 1% of the median. (47 countries reporting)
- Solomon Islands's 834.12 million constant LCU is below the median for East Asia & Pacific, which is 29.35 billion constant LCU, 3% of the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 629.83 million constant LCU | 533.98 million constant LCU | 725.31 million constant LCU | 7 |
| 2010s | 763.56 million constant LCU | 618.68 million constant LCU | 818.90 million constant LCU | 10 |
| 2020s | 802.26 million constant LCU | 777.91 million constant LCU | 834.12 million constant LCU | 5 |
Countries ranked near Solomon Islands
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 manufacturing, value added in Solomon Islands?
- Manufacturing, value added in Solomon Islands was 834.12 million constant LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest manufacturing, value added recorded in Solomon Islands?
- The highest recorded value was 834.12 million constant LCU in 2024.
- What is the lowest manufacturing, value added recorded in Solomon Islands?
- The lowest recorded value was 533.98 million constant LCU in 2005.
- How does Solomon Islands rank for manufacturing, value added?
- Solomon Islands ranks 161st out of 192 countries with data for 2024.
- Is manufacturing, value added rising or falling in Solomon Islands?
- Over the last ten years it is up 18.1%. The long-run trend across the full record is rising.
- Where does this Solomon Islands data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Manufacturing, value added (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.