Changes in inventories in Solomon Islands
Solomon Islands: Changes in inventories was -154.98 million constant LCU in 2024. ◆ Volatile
Changes in inventories in Solomon Islands, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Solomon Islands recorded -154.98 million constant LCU for changes in inventories in 2024. That is the lowest value across all 36 years on record.
The figure is down 5.7% on the previous year and down 30.5% over ten years.
Over the whole period, changes in inventories in Solomon Islands peaked at 80.00 million constant LCU in 1989 and was at its lowest, -154.98 million constant LCU, in 2024.
Solomon Islands ranks 91st of 117 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 40.10 million constant LCU | 23.00 million constant LCU | 80.00 million constant LCU | 10 |
| 1990s | 16.50 million constant LCU | -12.00 million constant LCU | 60.00 million constant LCU | 10 |
| 2000s | 5.67 million constant LCU | 4.00 million constant LCU | 7.00 million constant LCU | 3 |
| 2010s | -125.36 million constant LCU | -137.30 million constant LCU | -115.42 million constant LCU | 8 |
| 2020s | -141.27 million constant LCU | -154.98 million constant LCU | -134.26 million constant LCU | 5 |
Countries ranked near Solomon Islands
- 88 El Salvador -24.88 million constant LCU compare
- 89 United States Virgin Islands -29.00 million constant LCU compare
- 90 Belize -86.85 million constant LCU compare
- 92 Oman -263.60 million constant LCU compare
- 93 Lesotho -269.00 million constant LCU compare
- 94 Peru -680.00 million constant LCU compare
More economy & growth data for Solomon Islands
- DEC alternative conversion factor 8.33 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.21 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 145.27 million current US$ (2025)
- Taxes less subsidies on products 266.39 million current LCU (2024)
- Taxes less subsidies on products 31.51 million current US$ (2024)
- Net primary income (Net income from abroad) 14.54 million current LCU (2025)
- Net primary income (Net income from abroad) 1.75 million current US$ (2025)
- GNI per capita 17,389 current LCU (2025)
- GNI per capita, Atlas method 2,020 current US$ (2025)
- GNI 14.58 billion current LCU (2025)
Frequently asked questions
- What is changes in inventories in Solomon Islands?
- Changes in inventories in Solomon Islands was -154.98 million constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest changes in inventories recorded in Solomon Islands?
- The highest recorded value was 80.00 million constant LCU in 1989.
- What is the lowest changes in inventories recorded in Solomon Islands?
- The lowest recorded value was -154.98 million constant LCU in 2024.
- How does Solomon Islands rank for changes in inventories?
- Solomon Islands ranks 91st out of 117 countries with data for 2024.
- Is changes in inventories rising or falling in Solomon Islands?
- Over the last ten years it is down 30.5%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Changes in inventories (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.