Industry (including construction), value added in Solomon Islands

Solomon Islands: Industry (including construction), value added was 370.21 million current US$ in 2024. ◆ Volatile

Latest (2024)
370.21 million current US$
Change on year
up 14.4%
World rank
186th
of 208 countries
All-time high
370.21 million current US$
in 2024
All-time low
39.72 million current US$
in 2003
Years of data
22
2003–2024

Industry (including construction), value added in Solomon Islands, 2003–2024

0100.0M200.0M300.0M400.0M2003201320242003: 39.7M current US$2004: 45.3M current US$2005: 47.5M current US$2006: 57.6M current US$2007: 69.4M current US$2008: 79.7M current US$2009: 95.2M current US$2010: 116.5M current US$2011: 198.4M current US$2012: 216.2M current US$2013: 201.2M current US$2014: 225.2M current US$2015: 203.4M current US$2016: 214.6M current US$2017: 258.7M current US$2018: 284.3M current US$2019: 293.4M current US$2020: 264.9M current US$2021: 285.2M current US$2022: 283.1M current US$2023: 323.5M current US$2024: 370.2M current US$

Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.

Analysis

The most recent figure for industry (including construction), value added in Solomon Islands is 370.21 million current US$, measured in 2024. That is the highest value across all 22 years on record.

The figure is up 14.4% on the previous year and up 64.4% over ten years.

Over the whole period, industry (including construction), value added in Solomon Islands peaked at 370.21 million current US$ in 2024 and was at its lowest, 39.72 million current US$, in 2003.

That places Solomon Islands 186th out of 208 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

DecadeAverage LowestHighest Years
2000s 62.06 million current US$ 39.72 million current US$ 95.23 million current US$ 7
2010s 221.21 million current US$ 116.51 million current US$ 293.41 million current US$ 10
2020s 305.40 million current US$ 264.91 million current US$ 370.21 million current US$ 5

Countries ranked near Solomon Islands

  1. 183 Aruba 406.05 million current US$ compare
  2. 184 Eritrea 405.12 million current US$ compare
  3. 185 Guinea-Bissau 398.00 million current US$ compare
  4. 187 Seychelles 342.54 million current US$ compare
  5. 188 Cape Verde 327.76 million current US$ compare
  6. 189 Saint Lucia 283.93 million current US$ compare

See the full ranking of 255 places →

More economy & growth data for Solomon Islands

All data for Solomon Islands →

Frequently asked questions

What is industry (including construction), value added in Solomon Islands?
Industry (including construction), value added in Solomon Islands was 370.21 million current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest industry (including construction), value added recorded in Solomon Islands?
The highest recorded value was 370.21 million current US$ in 2024.
What is the lowest industry (including construction), value added recorded in Solomon Islands?
The lowest recorded value was 39.72 million current US$ in 2003.
How does Solomon Islands rank for industry (including construction), value added?
Solomon Islands ranks 186th out of 208 countries with data for 2024.
Is industry (including construction), value added rising or falling in Solomon Islands?
Over the last ten years it is up 64.4%. 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 Offices (NSOs), published as part of Industry (including construction), value added (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Industry (including construction), value added (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
255 places, 11,330 data points, 1960–2025
Last refreshed

Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.