Gross capital formation in US dollars — all countries

Gross capital formation in US dollars — Solomon Islands

Gross capital formation in US dollars in the Solomon Islands in 2024 — 308,222,194 US$. Ranked 161 in the world out of 168. Since 1980, the indicator has risen by 5,015.4%.

2024 308M US$ −3.58% vs 2023
World rank 161of 168
Period maximum 367M US$2019
Period minimum 6.03M US$1980

Trend over time

1980–2024 · US$

Gross capital formation in US dollars — Solomon Islands, 1980–20240100M200M300M400M19801985199019952000200520102015202020241980: 6,025,352 US$1981: 6,895,236 US$1982: 7,208,291 US$1983: 6,965,256 US$1984: 6,280,840 US$1985: 6,077,931 US$1986: 9,761,700 US$1987: 17,471,242 US$1988: 15,846,209 US$1989: 19,622,875 US$1990: 16,213,333 US$1991: 21,733,125 US$1992: 21,174,140 US$1993: 27,292,123 US$1994: 27,648,162 US$1995: 24,663,085 US$1996: 29,161,402 US$1997: 34,705,949 US$1998: 33,017,357 US$1999: 33,690,619 US$2000: 32,030,303 US$2001: 32,398,728 US$2002: 20,596,340 US$2003: 37,737,438 US$2004: 46,422,496 US$2005: 69,676,620 US$2006: 71,882,938 US$2007: 91,092,590 US$2008: 103,860,302 US$2009: 103,040,456 US$2010: 161,159,134 US$2011: 159,790,723 US$2012: 173,250,079 US$2013: 188,344,929 US$2014: 168,774,329 US$2015: 208,544,417 US$2016: 237,501,065 US$2017: 287,506,387 US$2018: 309,177,435 US$2019: 367,475,563 US$2020: 256,901,814 US$2021: 350,407,112 US$2022: 306,221,068 US$2023: 319,660,497 US$2024: 308,222,194 US$
Change over the period: +302M (+5,015.42%) Average annual rate: 9.35 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Solomon Islands

Solomon Islands 308M US$
World 29.36T US$
Melanesia computed 3.78B US$
Lower-middle-income countries computed 2.39T US$
Gross capital formation in US dollars — Solomon Islands, by year Solomon Islands All countries CSV XLSX
Year US$ Change Change, %
2024 308M −11.44M −3.58%
2023 320M +13.44M +4.39%
2022 306M −44.19M −12.61%
2021 350M +93.51M +36.4%
2020 257M −111M −30.09%
2019 367M +58.3M +18.86%
2018 309M +21.67M +7.54%
2017 288M +50.01M +21.05%
2016 238M +28.96M +13.89%
2015 209M +39.77M +23.56%
2014 169M −19.57M −10.39%
2013 188M +15.09M +8.71%
2012 173M +13.46M +8.42%
2011 160M −1.37M −0.85%
2010 161M +58.12M +56.4%
2009 103M −819,846 −0.79%
2008 104M +12.77M +14.02%
2007 91.09M +19.21M +26.72%
2006 71.88M +2.21M +3.17%
2005 69.68M +23.25M +50.09%
2004 46.42M +8.69M +23.01%
2003 37.74M +17.14M +83.22%
2002 20.6M −11.8M −36.43%
2001 32.4M +368,425 +1.15%
2000 32.03M −1.66M −4.93%
1999 33.69M +673,263 +2.04%
1998 33.02M −1.69M −4.87%
1997 34.71M +5.54M +19.01%
1996 29.16M +4.5M +18.24%
1995 24.66M −2.99M −10.8%
1994 27.65M +356,040 +1.3%
1993 27.29M +6.12M +28.89%
1992 21.17M −558,984 −2.57%
1991 21.73M +5.52M +34.04%
1990 16.21M −3.41M −17.38%
1989 19.62M +3.78M +23.83%
1988 15.85M −1.63M −9.3%
1987 17.47M +7.71M +78.98%
1986 9.76M +3.68M +60.61%
1985 6.08M −202,909 −3.23%
1984 6.28M −684,416 −9.83%
1983 6.97M −243,035 −3.37%
1982 7.21M +313,055 +4.54%
1981 6.9M +869,884 +14.44%
1980 6.03M

Melanesia, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Gross fixed capital formation and changes in inventories in current US dollars — what is commonly called investment in the economy. It covers the construction of buildings and structures, purchases of machinery and equipment, roads and networks, as well as the build-up of inventories. The word gross means that the wear of existing capital is not deducted: part of these outlays merely replaces what is retiring rather than adding to the stock.

Important: This concerns outlays on physical capital inside the country, not financial investment and not inflows of foreign capital.

Source: World Development Indicators (World Bank), license CC BY 4.0.