Manufacturing, value added (current LCU), annual growth rate in Solomon Islands
Solomon Islands: Manufacturing, value added (current LCU), annual growth rate was 5.39 % change on previous year in 2024. ◆ Volatile
Manufacturing, value added (current LCU), annual growth rate in Solomon Islands, 2004–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, manufacturing, value added (current lcu), annual growth rate in Solomon Islands stood at 5.39 % change on previous year.
Compared with earlier readings it is down 11.4% on the previous year and down 72.9% over ten years.
Over the whole period, manufacturing, value added (current lcu), annual growth rate in Solomon Islands peaked at 39.1 % change on previous year in 2017 and was at its lowest, -16.15 % change on previous year, in 2015.
Solomon Islands ranks 97th of 203 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Manufacturing, value added (current LCU), annual growth rate in Solomon Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2004 | 13.47 % change on previous year | — |
| 2005 | 13 % change on previous year | -3.5% |
| 2006 | 23.59 % change on previous year | +81.5% |
| 2007 | 31.55 % change on previous year | +33.8% |
| 2008 | 15.16 % change on previous year | -52.0% |
| 2009 | 17.86 % change on previous year | +17.9% |
| 2010 | 18.33 % change on previous year | +2.6% |
| 2011 | 18.47 % change on previous year | +0.8% |
| 2012 | 7 % change on previous year | -62.1% |
| 2013 | 0.4489 % change on previous year | -93.6% |
| 2014 | 19.85 % change on previous year | +4322.1% |
| 2015 | -16.15 % change on previous year | -181.4% |
| 2016 | 5.62 % change on previous year | -134.8% |
| 2017 | 39.1 % change on previous year | +596.2% |
| 2018 | 9.06 % change on previous year | -76.8% |
| 2019 | 4.83 % change on previous year | -46.7% |
| 2020 | -10.84 % change on previous year | -324.3% |
| 2021 | 3.88 % change on previous year | -135.8% |
| 2022 | -4.74 % change on previous year | -222.0% |
| 2023 | 6.08 % change on previous year | -228.4% |
| 2024 | 5.39 % change on previous year | -11.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 19.11 % change on previous year | 13 % change on previous year | 31.55 % change on previous year | 6 |
| 2010s | 10.66 % change on previous year | -16.15 % change on previous year | 39.1 % change on previous year | 10 |
| 2020s | -0.0436 % change on previous year | -10.84 % change on previous year | 6.08 % change on previous year | 5 |
Countries ranked near Solomon Islands
- 94 Uruguay 5.53 % change on previous year compare
- 95 Serbia 5.53 % change on previous year compare
- 96 Sao Tome and Principe 5.49 % change on previous year compare
- 98 Iceland 5.26 % change on previous year compare
- 99 Netherlands 5.22 % change on previous year compare
- 100 Peru 5.21 % 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)
- Manufacturing, value added (current US$), per unit of GDP 0.1009 current US$ per US$ of GDP (2024)
- Manufacturing, value added (current US$), per capita 195.12 current US$ per person (2024)
- Manufacturing, value added (current LCU), per unit of GDP 0.8532 current LCU per US$ of GDP (2024)
- Manufacturing, value added (current LCU), per capita 1,650 current LCU per person (2024)
- Manufacturing, value added (constant 2015 US$), per unit of GDP 0.0877 constant 2015 US$ per US$ of GDP (2024)
- Manufacturing, value added (constant 2015 US$), per capita 169.59 constant 2015 US$ per person (2024)
- Manufacturing, value added (constant LCU), per capita 1,018 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 14.43 % change on previous year (2024)
Frequently asked questions
- What is manufacturing, value added (current lcu), annual growth rate in Solomon Islands?
- Manufacturing, value added (current lcu), annual growth rate in Solomon Islands was 5.39 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest manufacturing, value added (current lcu), annual growth rate recorded in Solomon Islands?
- The highest recorded value was 39.1 % change on previous year in 2017.
- What is the lowest manufacturing, value added (current lcu), annual growth rate recorded in Solomon Islands?
- The lowest recorded value was -16.15 % change on previous year in 2015.
- How does Solomon Islands rank for manufacturing, value added (current lcu), annual growth rate?
- Solomon Islands ranks 97th out of 203 countries with data for 2024.
- Is manufacturing, value added (current lcu), annual growth rate rising or falling in Solomon Islands?
- Over the last ten years it is down 72.9%. 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 Manufacturing, value added (current LCU), 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 Manufacturing, value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Manufacturing, 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 Manufacturing, value added (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.