Services, value added (current LCU), per unit of GDP in Solomon Islands
Solomon Islands: Services, value added (current LCU), per unit of GDP was 3.97 current LCU per US$ of GDP in 2024. ▲ Rising
Services, value added (current LCU), per unit of GDP in Solomon Islands, 2003–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
In 2024, services, value added (current lcu), per unit of gdp in Solomon Islands stood at 3.97 current LCU per US$ of GDP.
That represents a change of down 1.3% on the previous year and up 11.8% over ten years.
Over the whole period, services, value added (current lcu), per unit of gdp in Solomon Islands peaked at 4.04 current LCU per US$ of GDP in 2015 and was at its lowest, 2.8 current LCU per US$ of GDP, in 2003.
Solomon Islands ranks 112th of 204 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.
Services, value added (current LCU), per unit of GDP in Solomon Islands, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 2003 | 2.8 current LCU per US$ of GDP | — |
| 2004 | 2.84 current LCU per US$ of GDP | +1.6% |
| 2005 | 3.4 current LCU per US$ of GDP | +19.7% |
| 2006 | 3.55 current LCU per US$ of GDP | +4.2% |
| 2007 | 3.65 current LCU per US$ of GDP | +2.9% |
| 2008 | 3.72 current LCU per US$ of GDP | +2.0% |
| 2009 | 3.93 current LCU per US$ of GDP | +5.6% |
| 2010 | 3.91 current LCU per US$ of GDP | -0.7% |
| 2011 | 3.52 current LCU per US$ of GDP | -9.8% |
| 2012 | 3.51 current LCU per US$ of GDP | -0.4% |
| 2013 | 3.66 current LCU per US$ of GDP | +4.4% |
| 2014 | 3.55 current LCU per US$ of GDP | -3.2% |
| 2015 | 4.04 current LCU per US$ of GDP | +14.0% |
| 2016 | 3.95 current LCU per US$ of GDP | -2.4% |
| 2017 | 3.89 current LCU per US$ of GDP | -1.4% |
| 2018 | 3.83 current LCU per US$ of GDP | -1.6% |
| 2019 | 4.02 current LCU per US$ of GDP | +4.9% |
| 2020 | 3.99 current LCU per US$ of GDP | -0.6% |
| 2021 | 3.79 current LCU per US$ of GDP | -5.0% |
| 2022 | 3.98 current LCU per US$ of GDP | +4.9% |
| 2023 | 4.02 current LCU per US$ of GDP | +1.0% |
| 2024 | 3.97 current LCU per US$ of GDP | -1.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.42 current LCU per US$ of GDP | 2.8 current LCU per US$ of GDP | 3.93 current LCU per US$ of GDP | 7 |
| 2010s | 3.79 current LCU per US$ of GDP | 3.51 current LCU per US$ of GDP | 4.04 current LCU per US$ of GDP | 10 |
| 2020s | 3.95 current LCU per US$ of GDP | 3.79 current LCU per US$ of GDP | 4.02 current LCU per US$ of GDP | 5 |
Countries ranked near Solomon Islands
- 109 Denmark 4.15 current LCU per US$ of GDP compare
- 110 China 4.15 current LCU per US$ of GDP compare
- 111 Trinidad and Tobago 3.99 current LCU per US$ of GDP compare
- 113 Tajikistan 3.94 current LCU per US$ of GDP compare
- 114 Faroe Islands 3.71 current LCU per US$ of GDP compare
- 115 Bolivia, Plurinational State of 3.69 current 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)
- 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 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 unit of GDP 0.4855 constant 2015 US$ per US$ of GDP (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 (current lcu), per unit of gdp in Solomon Islands?
- Services, value added (current lcu), per unit of gdp in Solomon Islands was 3.97 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest services, value added (current lcu), per unit of gdp recorded in Solomon Islands?
- The highest recorded value was 4.04 current LCU per US$ of GDP in 2015.
- What is the lowest services, value added (current lcu), per unit of gdp recorded in Solomon Islands?
- The lowest recorded value was 2.8 current LCU per US$ of GDP in 2003.
- How does Solomon Islands rank for services, value added (current lcu), per unit of gdp?
- Solomon Islands ranks 112th out of 204 countries with data for 2024.
- Is services, value added (current lcu), per unit of gdp rising or falling in Solomon Islands?
- Over the last ten years it is up 11.8%. The long-run trend across the full record is rising.
- Where does this Solomon Islands data come from?
- The figures come from Statizoid (derived), published as part of Services, value added (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Services, value added (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Services, value added (current LCU) ÷ GDP (current US$)
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 (current 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.