Services, value added (constant LCU), per unit of GDP in Solomon Islands
Solomon Islands: Services, value added (constant LCU), per unit of GDP was 3.72 constant LCU per US$ of GDP in 2024. ▼ Falling
Services, value added (constant LCU), per unit of GDP in Solomon Islands, 2003–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
Solomon Islands recorded 3.72 constant LCU per US$ of GDP for services, value added (constant lcu), per unit of gdp 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 lcu), per unit of gdp in Solomon Islands peaked at 5.85 constant LCU per US$ of GDP in 2003 and was at its lowest, 3.51 constant LCU per US$ of GDP, in 2012.
That places Solomon Islands 98th out of 197 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 LCU), per unit of GDP in Solomon Islands, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 2003 | 5.85 constant LCU per US$ of GDP | — |
| 2004 | 5.84 constant LCU per US$ of GDP | -0.2% |
| 2005 | 5.69 constant LCU per US$ of GDP | -2.6% |
| 2006 | 5.37 constant LCU per US$ of GDP | -5.7% |
| 2007 | 5.14 constant LCU per US$ of GDP | -4.3% |
| 2008 | 4.58 constant LCU per US$ of GDP | -10.9% |
| 2009 | 4.61 constant LCU per US$ of GDP | +0.8% |
| 2010 | 4.35 constant LCU per US$ of GDP | -5.7% |
| 2011 | 3.76 constant LCU per US$ of GDP | -13.7% |
| 2012 | 3.51 constant LCU per US$ of GDP | -6.6% |
| 2013 | 3.79 constant LCU per US$ of GDP | +8.0% |
| 2014 | 3.74 constant LCU per US$ of GDP | -1.3% |
| 2015 | 3.91 constant LCU per US$ of GDP | +4.6% |
| 2016 | 3.98 constant LCU per US$ of GDP | +1.8% |
| 2017 | 3.78 constant LCU per US$ of GDP | -5.0% |
| 2018 | 3.61 constant LCU per US$ of GDP | -4.7% |
| 2019 | 3.67 constant LCU per US$ of GDP | +1.8% |
| 2020 | 3.76 constant LCU per US$ of GDP | +2.3% |
| 2021 | 3.65 constant LCU per US$ of GDP | -2.7% |
| 2022 | 3.88 constant LCU per US$ of GDP | +6.1% |
| 2023 | 3.84 constant LCU per US$ of GDP | -1.0% |
| 2024 | 3.72 constant LCU per US$ of GDP | -3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.3 constant LCU per US$ of GDP | 4.58 constant LCU per US$ of GDP | 5.85 constant LCU per US$ of GDP | 7 |
| 2010s | 3.81 constant LCU per US$ of GDP | 3.51 constant LCU per US$ of GDP | 4.35 constant LCU per US$ of GDP | 10 |
| 2020s | 3.77 constant LCU per US$ of GDP | 3.65 constant LCU per US$ of GDP | 3.88 constant LCU per US$ of GDP | 5 |
Countries ranked near Solomon Islands
- 95 Morocco 4.18 constant LCU per US$ of GDP compare
- 96 Sierra Leone 4.02 constant LCU per US$ of GDP compare
- 97 China 3.92 constant LCU per US$ of GDP compare
- 99 Zambia 3.72 constant LCU per US$ of GDP compare
- 100 Denmark 3.59 constant LCU per US$ of GDP compare
- 101 Trinidad and Tobago 3.31 constant LCU 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)
- Exports of goods and services (current LCU), annual growth rate 18.78 % change on previous year (2024)
- Exports of goods and services (current LCU), per unit of GDP 3.43 current LCU per US$ of GDP (2024)
- Exports of goods and services (current LCU), per capita 6,632 current LCU per person (2024)
- Exports of goods and services (constant 2015 US$), annual growth rate 7.83 % change on previous year (2024)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.4042 constant 2015 US$ per US$ of GDP (2024)
- Exports of goods and services (constant 2015 US$), per capita 781.45 constant 2015 US$ per person (2024)
- Gross fixed capital formation (current US$), annual growth rate -4.68 % change on previous year (2024)
- Gross fixed capital formation (current US$), per unit of GDP 0.1946 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is services, value added (constant lcu), per unit of gdp in Solomon Islands?
- Services, value added (constant lcu), per unit of gdp in Solomon Islands was 3.72 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest services, value added (constant lcu), per unit of gdp recorded in Solomon Islands?
- The highest recorded value was 5.85 constant LCU per US$ of GDP in 2003.
- What is the lowest services, value added (constant lcu), per unit of gdp recorded in Solomon Islands?
- The lowest recorded value was 3.51 constant LCU per US$ of GDP in 2012.
- How does Solomon Islands rank for services, value added (constant lcu), per unit of gdp?
- Solomon Islands ranks 98th out of 197 countries with data for 2024.
- Is services, value added (constant lcu), 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 LCU), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Services, value added (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (constant LCU) ÷ GDP (current US$)
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 LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.