Manufacturing, value added in Solomon Islands

Solomon Islands: Manufacturing, value added was 3.7% in 2024. ◆ Volatile

Latest (2024)
3.7%
Change on year
up 7.4%
World rank
75th
of 191 countries
All-time high
22.7%
in 2007
All-time low
-12.4%
in 2015
Years of data
21
2004–2024

Manufacturing, value added in Solomon Islands, 2004–2024

-10010202004201420242004: 0.578 annual % growth2005: -6 annual % growth2006: 10.7 annual % growth2007: 22.7 annual % growth2008: -1.7 annual % growth2009: 0.007 annual % growth2010: 8.5 annual % growth2011: 2.3 annual % growth2012: 2.1 annual % growth2013: -1.2 annual % growth2014: -11.6 annual % growth2015: -12.4 annual % growth2016: 11.6 annual % growth2017: 17.8 annual % growth2018: 0.43 annual % growth2019: 0.27 annual % growth2020: -3.2 annual % growth2021: 1.3 annual % growth2022: -3.1 annual % growth2023: 3.4 annual % growth2024: 3.7 annual % growth

Source: Country official statistics, National Statistical Offices (NSOs). Measured in annual % growth.

Analysis

The most recent figure for manufacturing, value added in Solomon Islands is 3.7%, measured in 2024.

Compared with earlier readings it is up 7.4% on the previous year and up 131.8% over ten years.

Over the whole period, manufacturing, value added in Solomon Islands peaked at 22.7% in 2007 and was at its lowest, -12.4%, in 2015.

Solomon Islands ranks 75th of 191 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 4.4% -6.0% 22.7% 6
2010s 1.8% -12.4% 17.8% 10
2020s 0.4% -3.2% 3.7% 5

Countries ranked near Solomon Islands

  1. 72 Qatar 3.9% compare
  2. 73 East Timor 3.9% compare
  3. 74 Bahrain 3.7% compare
  4. 76 Guinea 3.7% compare
  5. 77 Poland 3.7% compare
  6. 78 North Macedonia 3.6% compare

See the full ranking of 226 places →

More economy & growth data for Solomon Islands

All data for Solomon Islands →

Frequently asked questions

What is manufacturing, value added in Solomon Islands?
Manufacturing, value added in Solomon Islands was 3.7% in 2024, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest manufacturing, value added recorded in Solomon Islands?
The highest recorded value was 22.7% in 2007.
What is the lowest manufacturing, value added recorded in Solomon Islands?
The lowest recorded value was -12.4% in 2015.
How does Solomon Islands rank for manufacturing, value added?
Solomon Islands ranks 75th out of 191 countries with data for 2024.
Is manufacturing, value added rising or falling in Solomon Islands?
Over the last ten years it is up 131.8%. 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 Manufacturing, value added (annual % growth). Statizoid updates them automatically from the source API.

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About this data

Indicator
Manufacturing, value added (annual % growth)
Unit
annual % growth
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
226 places, 8,906 data points, 1961–2025
Last refreshed

Manufacturing includes industries classified in ISIC (Rev. 3) major division C and is defined as the physical or chemical transformation of materials or components into new products. 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 denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.