Gross value added at basic prices (GVA) in Solomon Islands
Solomon Islands: Gross value added at basic prices (GVA) was 13.13 billion current LCU in 2024. ◆ Volatile
Gross value added at basic prices (GVA) in Solomon Islands, 1971–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
The most recent figure for gross value added at basic prices (gva) in Solomon Islands is 13.13 billion current LCU, measured in 2024. That is the highest value across all 54 years on record.
That represents a change of up 6.3% on the previous year and up 36.3% over ten years.
Over the whole period, gross value added at basic prices (gva) in Solomon Islands peaked at 13.13 billion current LCU in 2024 and was at its lowest, 32.70 million current LCU, in 1972.
Solomon Islands ranks 174th of 206 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 |
|---|---|---|---|---|
| 1970s | 65.30 million current LCU | 32.70 million current LCU | 124.40 million current LCU | 9 |
| 1980s | 342.80 million current LCU | 133.20 million current LCU | 724.40 million current LCU | 10 |
| 1990s | 1.52 billion current LCU | 722.90 million current LCU | 2.21 billion current LCU | 10 |
| 2000s | 3.52 billion current LCU | 2.12 billion current LCU | 5.78 billion current LCU | 10 |
| 2010s | 9.94 billion current LCU | 6.67 billion current LCU | 12.94 billion current LCU | 10 |
| 2020s | 12.36 billion current LCU | 11.72 billion current LCU | 13.13 billion current LCU | 5 |
Countries ranked near Solomon Islands
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 value added at basic prices (gva) in Solomon Islands?
- Gross value added at basic prices (gva) in Solomon Islands was 13.13 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross value added at basic prices (gva) recorded in Solomon Islands?
- The highest recorded value was 13.13 billion current LCU in 2024.
- What is the lowest gross value added at basic prices (gva) recorded in Solomon Islands?
- The lowest recorded value was 32.70 million current LCU in 1972.
- How does Solomon Islands rank for gross value added at basic prices (gva)?
- Solomon Islands ranks 174th out of 206 countries with data for 2024.
- Is gross value added at basic prices (gva) rising or falling in Solomon Islands?
- Over the last ten years it is up 36.3%. 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 value added at basic prices (GVA) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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.