Value Added Deflator (Manufacturing) — Value Standard Local Currency in Solomon Islands
Solomon Islands: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 134.86 SLC in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Solomon Islands, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
In 2023, value added deflator (manufacturing) — value standard local currency in Solomon Islands stood at 134.86 SLC. That is the highest value across all 54 years on record.
That represents a change of up 22.7% on the previous year and up 74.9% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Solomon Islands peaked at 134.86 SLC in 2023 and was at its lowest, 0.6205 SLC, in 1970.
That places Solomon Islands 89th out of 194 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Solomon Islands, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 0.6205 SLC | — |
| 1971 | 0.6294 SLC | +1.4% |
| 1972 | 0.6366 SLC | +1.1% |
| 1973 | 0.6574 SLC | +3.3% |
| 1974 | 0.7811 SLC | +18.8% |
| 1975 | 0.832 SLC | +6.5% |
| 1976 | 0.8729 SLC | +4.9% |
| 1977 | 0.972 SLC | +11.3% |
| 1978 | 1.04 SLC | +6.7% |
| 1979 | 1.12 SLC | +8.0% |
| 1980 | 1.25 SLC | +12.0% |
| 1981 | 1.41 SLC | +12.1% |
| 1982 | 1.6 SLC | +13.6% |
| 1983 | 1.49 SLC | -6.8% |
| 1984 | 2.35 SLC | +58.2% |
| 1985 | 2.31 SLC | -2.0% |
| 1986 | 2.75 SLC | +19.2% |
| 1987 | 1.8 SLC | -34.4% |
| 1988 | 2.79 SLC | +54.6% |
| 1989 | 2.85 SLC | +2.3% |
| 1990 | 3.92 SLC | +37.5% |
| 1991 | 7.86 SLC | +100.6% |
| 1992 | 8.21 SLC | +4.4% |
| 1993 | 8.08 SLC | -1.6% |
| 1994 | 7.87 SLC | -2.6% |
| 1995 | 11.48 SLC | +45.9% |
| 1996 | 13.07 SLC | +13.9% |
| 1997 | 14.28 SLC | +9.2% |
| 1998 | 16.99 SLC | +19.0% |
| 1999 | 19.1 SLC | +12.5% |
| 2000 | 20.78 SLC | +8.8% |
| 2001 | 28.02 SLC | +34.9% |
| 2002 | 28.75 SLC | +2.6% |
| 2003 | 25.58 SLC | -11.0% |
| 2004 | 28.85 SLC | +12.8% |
| 2005 | 34.67 SLC | +20.2% |
| 2006 | 38.71 SLC | +11.6% |
| 2007 | 41.5 SLC | +7.2% |
| 2008 | 48.63 SLC | +17.2% |
| 2009 | 57.31 SLC | +17.9% |
| 2010 | 62.49 SLC | +9.0% |
| 2011 | 72.38 SLC | +15.8% |
| 2012 | 75.86 SLC | +4.8% |
| 2013 | 77.09 SLC | +1.6% |
| 2014 | 104.47 SLC | +35.5% |
| 2015 | 100 SLC | -4.3% |
| 2016 | 94.67 SLC | -5.3% |
| 2017 | 111.77 SLC | +18.1% |
| 2018 | 121.38 SLC | +8.6% |
| 2019 | 126.9 SLC | +4.5% |
| 2020 | 116.95 SLC | -7.8% |
| 2021 | 116.46 SLC | -0.4% |
| 2022 | 109.92 SLC | -5.6% |
| 2023 | 134.86 SLC | +22.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.8158 SLC | 0.6205 SLC | 1.12 SLC | 10 |
| 1980s | 2.06 SLC | 1.25 SLC | 2.85 SLC | 10 |
| 1990s | 11.09 SLC | 3.92 SLC | 19.1 SLC | 10 |
| 2000s | 35.28 SLC | 20.78 SLC | 57.31 SLC | 10 |
| 2010s | 94.7 SLC | 62.49 SLC | 126.9 SLC | 10 |
| 2020s | 119.55 SLC | 109.92 SLC | 134.86 SLC | 4 |
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)
- Gross value added at basic prices (GVA) (current US$), annual growth 5.31 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9801 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 1,895 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.3 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 8.29 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 16,023 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.9137 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is value added deflator (manufacturing) — value standard local currency in Solomon Islands?
- Value added deflator (manufacturing) — value standard local currency in Solomon Islands was 134.86 SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Solomon Islands?
- The highest recorded value was 134.86 SLC in 2023.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Solomon Islands?
- The lowest recorded value was 0.6205 SLC in 1970.
- How does Solomon Islands rank for value added deflator (manufacturing) — value standard local currency?
- Solomon Islands ranks 89th out of 194 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Solomon Islands?
- Over the last ten years it is up 74.9%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).