Manufacturing, value added in Solomon Islands

Solomon Islands: Manufacturing, value added was 1.35 billion current LCU in 2024. ▲ Rising

Latest (2024)
1.35 billion current LCU
Change on year
up 5.4%
World rank
170th
of 204 countries
All-time high
1.37 billion current LCU
in 2019
All-time low
190.37 million current LCU
in 2003
Years of data
22
2003–2024

Manufacturing, value added in Solomon Islands, 2003–2024

250.0M500.0M750.0M1.0B1.2B2003201320242003: 190.4M current LCU2004: 216.0M current LCU2005: 244.1M current LCU2006: 301.7M current LCU2007: 396.8M current LCU2008: 457.0M current LCU2009: 538.6M current LCU2010: 637.3M current LCU2011: 755.1M current LCU2012: 808.0M current LCU2013: 811.6M current LCU2014: 972.7M current LCU2015: 815.6M current LCU2016: 861.4M current LCU2017: 1.2B current LCU2018: 1.3B current LCU2019: 1.4B current LCU2020: 1.2B current LCU2021: 1.3B current LCU2022: 1.2B current LCU2023: 1.3B current LCU2024: 1.4B current LCU

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

Analysis

In 2024, manufacturing, value added in Solomon Islands stood at 1.35 billion current LCU.

The figure is up 5.4% on the previous year and up 38.9% over ten years.

Over the whole period, manufacturing, value added in Solomon Islands peaked at 1.37 billion current LCU in 2019 and was at its lowest, 190.37 million current LCU, in 2003.

Solomon Islands ranks 170th of 204 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 22 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 334.94 million current LCU 190.37 million current LCU 538.63 million current LCU 7
2010s 953.67 million current LCU 637.35 million current LCU 1.37 billion current LCU 10
2020s 1.27 billion current LCU 1.21 billion current LCU 1.35 billion current LCU 5

Countries ranked near Solomon Islands

  1. 167 Eritrea 1.57 billion current LCU compare
  2. 168 South Sudan 1.53 billion current LCU compare
  3. 171 Malta 1.31 billion current LCU compare
  4. 172 Fiji 1.30 billion current LCU compare
  5. 173 Barbados 752.09 million current LCU compare

See the full ranking of 204 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 1.35 billion current LCU 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 1.37 billion current LCU in 2019.
What is the lowest manufacturing, value added recorded in Solomon Islands?
The lowest recorded value was 190.37 million current LCU in 2003.
How does Solomon Islands rank for manufacturing, value added?
Solomon Islands ranks 170th out of 204 countries with data for 2024.
Is manufacturing, value added rising or falling in Solomon Islands?
Over the last ten years it is up 38.9%. The long-run trend across the full record is rising.
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 (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Manufacturing, value added (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
204 places, 8,253 data points, 1960–2025
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 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.