Gross fixed capital formation in Solomon Islands
Solomon Islands: Gross fixed capital formation was 2.61 billion current 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 current LCU.
Analysis
Solomon Islands recorded 2.61 billion current LCU for gross fixed capital formation in 2024.
The figure is down 3.8% on the previous year and up 90.0% over ten years.
Over the whole period, gross fixed capital formation in Solomon Islands peaked at 3.04 billion current LCU in 2021 and was at its lowest, 7.00 million current LCU, in 1980.
Solomon Islands ranks 166th of 180 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 | 22.50 million current LCU | 7.00 million current LCU | 58.00 million current LCU | 10 |
| 1990s | 111.10 million current LCU | 53.00 million current LCU | 163.00 million current LCU | 10 |
| 2000s | 450.81 million current LCU | 140.00 million current LCU | 830.00 million current LCU | 10 |
| 2010s | 1.72 billion current LCU | 1.22 billion current LCU | 2.70 billion current LCU | 10 |
| 2020s | 2.67 billion current LCU | 2.37 billion current LCU | 3.04 billion current LCU | 5 |
Countries ranked near Solomon Islands
- 163 Jordan 3.33 billion current LCU compare
- 165 Fiji 2.72 billion current LCU compare
- 167 South Sudan 2.49 billion current LCU compare
- 168 Papua New Guinea 2.29 billion current LCU compare
- 169 Curacao 1.86 billion current 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 2.61 billion current 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 3.04 billion current LCU in 2021.
- What is the lowest gross fixed capital formation recorded in Solomon Islands?
- The lowest recorded value was 7.00 million current LCU in 1980.
- How does Solomon Islands rank for gross fixed capital formation?
- Solomon Islands ranks 166th out of 180 countries with data for 2024.
- Is gross fixed capital formation rising or falling in Solomon Islands?
- Over the last ten years it is up 90.0%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.