Gross capital formation (% of GDP) — all countries

Gross capital formation (% of GDP) — Solomon Islands

Gross capital formation (% of GDP) in the Solomon Islands in 2024 — 19.5%. Ranked 125 in the world out of 169. Since 1980, the indicator has risen by 16.2 pp.

2024 19.5% −1.8 pp vs 2023
World rank 125of 169
Period maximum 22.7%2019
Period minimum 3.3%1980

Trend over time

1980–2024 · % of GDP

Gross capital formation (% of GDP) — Solomon Islands, 1980–2024010203019801985199019952000200520102015202020241980: 3.3%1981: 3.6%1982: 3.7%1983: 3.8%1984: 3.5%1985: 3.7%1986: 6.6%1987: 11.3%1988: 9%1989: 11.4%1990: 7.5%1991: 9.6%1992: 7.9%1993: 9.1%1994: 6.9%1995: 5.3%1996: 5.7%1997: 6.6%1998: 7.2%1999: 6.9%2000: 7.6%2001: 7.9%2002: 5.9%2003: 9%2004: 9.9%2005: 12.6%2006: 11.6%2007: 13.1%2008: 13.4%2009: 12.8%2010: 17.9%2011: 15%2012: 14.6%2013: 14.6%2014: 12.6%2015: 15.9%2016: 17.2%2017: 19.6%2018: 19.1%2019: 22.7%2020: 16.7%2021: 22.5%2022: 20.9%2023: 21.2%2024: 19.5%
Change over the period: +16.2 pp Annual average: 0.37 pp

Comparison, 2024

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

Solomon Islands 19.5%
World 26.3%
Melanesia computed 21.7%
Gross capital formation (% of GDP) — Solomon Islands, by year Solomon Islands All countries CSV XLSX
Year % Change, pp
2024 19.5 −1.8 pp
2023 21.2 +0.3 pp
2022 20.9 −1.6 pp
2021 22.5 +5.8 pp
2020 16.7 −6 pp
2019 22.7 +3.6 pp
2018 19.1 −0.4 pp
2017 19.6 +2.3 pp
2016 17.2 +1.3 pp
2015 15.9 +3.3 pp
2014 12.6 −2 pp
2013 14.6 +0 pp
2012 14.6 −0.4 pp
2011 15 −2.9 pp
2010 17.9 +5.2 pp
2009 12.8 −0.6 pp
2008 13.4 +0.3 pp
2007 13.1 +1.5 pp
2006 11.6 −1 pp
2005 12.6 +2.7 pp
2004 9.9 +0.9 pp
2003 9 +3.1 pp
2002 5.9 −2 pp
2001 7.9 +0.3 pp
2000 7.6 +0.7 pp
1999 6.9 −0.3 pp
1998 7.2 +0.6 pp
1997 6.6 +0.9 pp
1996 5.7 +0.5 pp
1995 5.3 −1.6 pp
1994 6.9 −2.2 pp
1993 9.1 +1.2 pp
1992 7.9 −1.7 pp
1991 9.6 +2 pp
1990 7.5 −3.8 pp
1989 11.4 +2.4 pp
1988 9 −2.3 pp
1987 11.3 +4.6 pp
1986 6.6 +2.9 pp
1985 3.7 +0.2 pp
1984 3.5 −0.4 pp
1983 3.8 +0.1 pp
1982 3.7 +0.2 pp
1981 3.6 +0.3 pp
1980 3.3

Melanesia, 2024

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

About the indicator

Gross capital formation as a percent of GDP: outlays on fixed assets (buildings, structures, machinery, transport equipment, infrastructure), changes in inventories of material working assets and net acquisition of valuables. A steadily high rate of capital formation is a necessary condition for fast growth: during the economic surges of East Asia the indicator exceeded 35–40% of GDP.

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