Gross fixed capital formation in Solomon Islands
Solomon Islands: Gross fixed capital formation was 2.50 billion constant LCU in 2024. ◆ Volatile
Gross fixed capital formation in Solomon Islands, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gross fixed capital formation in Solomon Islands is 2.50 billion constant LCU, measured in 2024.
Compared with earlier readings it is up 2.1% on the previous year and up 97.0% over ten years.
Over the whole period, gross fixed capital formation in Solomon Islands peaked at 2.71 billion constant LCU in 2021 and was at its lowest, 209.10 million constant LCU, in 1982.
That places Solomon Islands 151st out of 167 countries with data for 2024, putting it 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 | 366.92 million constant LCU | 209.10 million constant LCU | 737.59 million constant LCU | 10 |
| 1990s | 682.14 million constant LCU | 553.45 million constant LCU | 999.74 million constant LCU | 10 |
| 2000s | 822.33 million constant LCU | 334.98 million constant LCU | 1.26 billion constant LCU | 10 |
| 2010s | 1.71 billion constant LCU | 1.27 billion constant LCU | 2.44 billion constant LCU | 10 |
| 2020s | 2.41 billion constant LCU | 2.13 billion constant LCU | 2.71 billion constant LCU | 5 |
Countries ranked near Solomon Islands
- 148 Bahamas 3.72 billion constant LCU compare
- 149 Malta 3.55 billion constant LCU compare
- 150 Palestine 3.40 billion constant LCU compare
- 153 Papua New Guinea 1.71 billion constant LCU compare
- 154 Montenegro 1.45 billion 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 gross fixed capital formation in Solomon Islands?
- Gross fixed capital formation in Solomon Islands was 2.50 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross fixed capital formation recorded in Solomon Islands?
- The highest recorded value was 2.71 billion constant LCU in 2021.
- What is the lowest gross fixed capital formation recorded in Solomon Islands?
- The lowest recorded value was 209.10 million constant LCU in 1982.
- How does Solomon Islands rank for gross fixed capital formation?
- Solomon Islands ranks 151st out of 167 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Solomon Islands?
- Over the last ten years it is up 97.0%. 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 Gross fixed capital formation (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. 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.