Services, value added (constant 2015 US$), annual growth rate (2015) in Solomon Islands
Solomon Islands: Services, value added (constant 2015 US$), annual growth rate (2015) was 1.86 % change on previous year in 2024. ◆ Volatile
Services, value added (constant 2015 US$), annual growth rate in Solomon Islands, 2004–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Solomon Islands recorded 1.86 % change on previous year for services, value added (constant 2015 us$), annual growth rate in 2024.
The figure is up 9.2% on the previous year and down 25.3% over ten years.
Over the whole period, services, value added (constant 2015 us$), annual growth rate in Solomon Islands peaked at 17.21 % change on previous year in 2013 and was at its lowest, -2.96 % change on previous year, in 2020.
That places Solomon Islands 144th out of 195 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Services, value added (constant 2015 US$), annual growth rate (2015) in Solomon Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2004 | 11.88 % change on previous year | — |
| 2005 | 15.12 % change on previous year | +27.3% |
| 2006 | 5.22 % change on previous year | -65.5% |
| 2007 | 7.8 % change on previous year | +49.2% |
| 2008 | -0.5091 % change on previous year | -106.5% |
| 2009 | 4.61 % change on previous year | -1005.5% |
| 2010 | 5.15 % change on previous year | +11.6% |
| 2011 | 2.28 % change on previous year | -55.7% |
| 2012 | 4.06 % change on previous year | +78.1% |
| 2013 | 17.21 % change on previous year | +323.7% |
| 2014 | 2.49 % change on previous year | -85.5% |
| 2015 | 2.46 % change on previous year | -1.2% |
| 2016 | 7.32 % change on previous year | +197.7% |
| 2017 | 1.19 % change on previous year | -83.8% |
| 2018 | 4.79 % change on previous year | +304.5% |
| 2019 | 2.04 % change on previous year | -57.4% |
| 2020 | -2.96 % change on previous year | -244.8% |
| 2021 | -1.29 % change on previous year | -56.4% |
| 2022 | -0.148 % change on previous year | -88.5% |
| 2023 | 1.7 % change on previous year | -1252.1% |
| 2024 | 1.86 % change on previous year | +9.2% |
Solomon Islands compared with similar countries
- Solomon Islands's 1.86 % change on previous year is below the median for lower middle income countries, which is 4.54 % change on previous year, 41% of the median. (46 countries reporting)
- Solomon Islands's 1.86 % change on previous year is below the median for East Asia & Pacific, which is 3.41 % change on previous year, 55% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where Services, value added (constant 2015 US$), annual growth rate (2015) in Solomon Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2023 | +1252.1% | -0.148 % change on previous year | 1.7 % change on previous year |
| 2009 | +1005.5% | -0.5091 % change on previous year | 4.61 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.35 % change on previous year | -0.5091 % change on previous year | 15.12 % change on previous year | 6 |
| 2010s | 4.9 % change on previous year | 1.19 % change on previous year | 17.21 % change on previous year | 10 |
| 2020s | -0.1656 % change on previous year | -2.96 % change on previous year | 1.86 % change on previous year | 5 |
Countries ranked near Solomon Islands
- 141 Portugal 1.95 % change on previous year compare
- 142 Israel 1.94 % change on previous year compare
- 143 El Salvador 1.88 % change on previous year compare
- 145 Belarus 1.82 % change on previous year compare
- 146 Brazil 1.82 % change on previous year compare
- 147 Bermuda 1.77 % change on previous year compare
More economy & growth data for Solomon Islands
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9064 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.96 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -99.65 % change on previous year (2024)
- SDRs holdings, US dollar, per unit of GDP 0.0035 units per US$ 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 services, value added (constant 2015 us$), annual growth rate in Solomon Islands?
- Services, value added (constant 2015 us$), annual growth rate in Solomon Islands was 1.86 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest services, value added (constant 2015 us$), annual growth rate recorded in Solomon Islands?
- The highest recorded value was 17.21 % change on previous year in 2013.
- What is the lowest services, value added (constant 2015 us$), annual growth rate recorded in Solomon Islands?
- The lowest recorded value was -2.96 % change on previous year in 2020.
- How does Solomon Islands rank for services, value added (constant 2015 us$), annual growth rate?
- Solomon Islands ranks 144th out of 195 countries with data for 2024.
- Is services, value added (constant 2015 us$), annual growth rate rising or falling in Solomon Islands?
- Over the last ten years it is down 25.3%. 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 Services, value added (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Services, 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 Services, value added (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.