Services, value added (constant 2015 US$), per unit of GDP in Solomon Islands
Solomon Islands: Services, value added (constant 2015 US$), per unit of GDP was 0.4855 constant 2015 US$ per US$ of GDP in 2024. ▼ Falling
Services, value added (constant 2015 US$), per unit of GDP in Solomon Islands, 2003–2024
Source: Statizoid (derived). Measured in constant 2015 US$ per US$ of GDP.
Analysis
The most recent figure for services, value added (constant 2015 us$), per unit of gdp in Solomon Islands is 0.4855 constant 2015 US$ per US$ of GDP, measured in 2024.
Compared with earlier readings it is down 3.1% on the previous year and down 0.6% over ten years.
Over the whole period, services, value added (constant 2015 us$), per unit of gdp in Solomon Islands peaked at 0.7639 constant 2015 US$ per US$ of GDP in 2003 and was at its lowest, 0.4581 constant 2015 US$ per US$ of GDP, in 2012.
That places Solomon Islands 101st out of 195 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 22 years of available data.
Services, value added (constant 2015 US$), per unit of GDP in Solomon Islands, year by year
| Year | constant 2015 US$ per US$ of GDP | Change |
|---|---|---|
| 2003 | 0.7639 constant 2015 US$ per US$ of GDP | — |
| 2004 | 0.7627 constant 2015 US$ per US$ of GDP | -0.2% |
| 2005 | 0.7432 constant 2015 US$ per US$ of GDP | -2.6% |
| 2006 | 0.7005 constant 2015 US$ per US$ of GDP | -5.7% |
| 2007 | 0.6704 constant 2015 US$ per US$ of GDP | -4.3% |
| 2008 | 0.5973 constant 2015 US$ per US$ of GDP | -10.9% |
| 2009 | 0.6022 constant 2015 US$ per US$ of GDP | +0.8% |
| 2010 | 0.5679 constant 2015 US$ per US$ of GDP | -5.7% |
| 2011 | 0.4904 constant 2015 US$ per US$ of GDP | -13.7% |
| 2012 | 0.4581 constant 2015 US$ per US$ of GDP | -6.6% |
| 2013 | 0.4949 constant 2015 US$ per US$ of GDP | +8.0% |
| 2014 | 0.4883 constant 2015 US$ per US$ of GDP | -1.3% |
| 2015 | 0.5109 constant 2015 US$ per US$ of GDP | +4.6% |
| 2016 | 0.5199 constant 2015 US$ per US$ of GDP | +1.8% |
| 2017 | 0.4937 constant 2015 US$ per US$ of GDP | -5.0% |
| 2018 | 0.4707 constant 2015 US$ per US$ of GDP | -4.7% |
| 2019 | 0.4793 constant 2015 US$ per US$ of GDP | +1.8% |
| 2020 | 0.4902 constant 2015 US$ per US$ of GDP | +2.3% |
| 2021 | 0.477 constant 2015 US$ per US$ of GDP | -2.7% |
| 2022 | 0.5061 constant 2015 US$ per US$ of GDP | +6.1% |
| 2023 | 0.5012 constant 2015 US$ per US$ of GDP | -1.0% |
| 2024 | 0.4855 constant 2015 US$ per US$ of GDP | -3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.6914 constant 2015 US$ per US$ of GDP | 0.5973 constant 2015 US$ per US$ of GDP | 0.7639 constant 2015 US$ per US$ of GDP | 7 |
| 2010s | 0.4974 constant 2015 US$ per US$ of GDP | 0.4581 constant 2015 US$ per US$ of GDP | 0.5679 constant 2015 US$ per US$ of GDP | 10 |
| 2020s | 0.492 constant 2015 US$ per US$ of GDP | 0.477 constant 2015 US$ per US$ of GDP | 0.5061 constant 2015 US$ per US$ of GDP | 5 |
Countries ranked near Solomon Islands
- 98 Namibia 0.4896 constant 2015 US$ per US$ of GDP compare
- 99 San Marino 0.4877 constant 2015 US$ per US$ of GDP compare
- 100 Lao People's Democratic Republic 0.4872 constant 2015 US$ per US$ of GDP compare
- 102 El Salvador 0.4841 constant 2015 US$ per US$ of GDP compare
- 103 Jordan 0.4822 constant 2015 US$ per US$ of GDP compare
- 104 Togo 0.4812 constant 2015 US$ per US$ of GDP 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)
- Services, value added (current US$), annual growth rate 2.88 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.4692 current US$ per US$ of GDP (2024)
- Services, value added (current US$), per capita 907.24 current US$ per person (2024)
- Services, value added (current LCU), annual growth rate 3.85 % change on previous year (2024)
- Services, value added (current LCU), per unit of GDP 3.97 current LCU per US$ of GDP (2024)
- Services, value added (current LCU), per capita 7,671 current LCU per person (2024)
- Services, value added (constant 2015 US$), annual growth rate 1.86 % change on previous year (2024)
- Services, value added (constant 2015 US$), per capita 938.65 constant 2015 US$ per person (2024)
Frequently asked questions
- What is services, value added (constant 2015 us$), per unit of gdp in Solomon Islands?
- Services, value added (constant 2015 us$), per unit of gdp in Solomon Islands was 0.4855 constant 2015 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest services, value added (constant 2015 us$), per unit of gdp recorded in Solomon Islands?
- The highest recorded value was 0.7639 constant 2015 US$ per US$ of GDP in 2003.
- What is the lowest services, value added (constant 2015 us$), per unit of gdp recorded in Solomon Islands?
- The lowest recorded value was 0.4581 constant 2015 US$ per US$ of GDP in 2012.
- How does Solomon Islands rank for services, value added (constant 2015 us$), per unit of gdp?
- Solomon Islands ranks 101st out of 195 countries with data for 2024.
- Is services, value added (constant 2015 us$), per unit of gdp rising or falling in Solomon Islands?
- Over the last ten years it is down 0.6%. 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 Services, value added (constant 2015 US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (constant 2015 US$) ÷ GDP (current US$)
Computed from
- Services, value added Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Services, value added (constant 2015 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.