Manufacturing, value added in Solomon Islands
Solomon Islands: Manufacturing, value added was 10.1% in 2024. ▲ Rising
Manufacturing, value added in Solomon Islands, 2003–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in % of GDP.
Analysis
The most recent figure for manufacturing, value added in Solomon Islands is 10.1%, measured in 2024.
Compared with earlier readings it is down 0.7% on the previous year and up 2.2% over ten years.
Over the whole period, manufacturing, value added in Solomon Islands peaked at 10.4% in 2019 and was at its lowest, 5.9%, in 2005.
Solomon Islands ranks 100th of 205 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 22 years of available data.
Manufacturing, value added in Solomon Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2003 | 6.1% | — |
| 2004 | 6.2% | +1.6% |
| 2005 | 5.9% | -4.9% |
| 2006 | 6.4% | +9.5% |
| 2007 | 7.5% | +16.1% |
| 2008 | 7.6% | +1.9% |
| 2009 | 8.3% | +9.3% |
| 2010 | 8.8% | +6.0% |
| 2011 | 9.3% | +5.6% |
| 2012 | 9.3% | -0.2% |
| 2013 | 8.6% | -6.7% |
| 2014 | 9.9% | +14.2% |
| 2015 | 7.9% | -20.2% |
| 2016 | 7.9% | -0.3% |
| 2017 | 10.3% | +31.6% |
| 2018 | 10.2% | -1.6% |
| 2019 | 10.4% | +1.8% |
| 2020 | 9.7% | -6.5% |
| 2021 | 10.1% | +4.7% |
| 2022 | 10.1% | -0.3% |
| 2023 | 10.2% | +0.6% |
| 2024 | 10.1% | -0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.8% | 5.9% | 8.3% | 7 |
| 2010s | 9.2% | 7.9% | 10.4% | 10 |
| 2020s | 10.0% | 9.7% | 10.2% | 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)
- 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 in Solomon Islands?
- Manufacturing, value added in Solomon Islands was 10.1% 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 10.4% in 2019.
- What is the lowest manufacturing, value added recorded in Solomon Islands?
- The lowest recorded value was 5.9% in 2005.
- How does Solomon Islands rank for manufacturing, value added?
- Solomon Islands ranks 100th out of 205 countries with data for 2024.
- Is manufacturing, value added rising or falling in Solomon Islands?
- Over the last ten years it is up 2.2%. 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.