Industry value added — all countries

Industry value added — Solomon Islands

Industry value added in the Solomon Islands in 2024 — 370,214,857 US$. Ranked 168 in the world out of 188. Since 2003, the indicator has risen by 832.2%.

2024 370M US$ +14.43% vs 2023
World rank 168of 188
Period maximum 370M US$2024
Period minimum 39.71M US$2003

Trend over time

2003–2024 · US$

Industry value added — Solomon Islands, 2003–20240100M200M300M400M200320062009201220152018202120242003: 39,714,991 US$2004: 45,273,359 US$2005: 47,540,722 US$2006: 57,561,537 US$2007: 69,421,903 US$2008: 79,692,039 US$2009: 95,231,844 US$2010: 116,510,209 US$2011: 198,424,828 US$2012: 216,246,268 US$2013: 201,216,480 US$2014: 225,187,662 US$2015: 203,408,839 US$2016: 214,599,430 US$2017: 258,714,974 US$2018: 284,345,335 US$2019: 293,412,006 US$2020: 264,911,274 US$2021: 285,195,221 US$2022: 283,150,167 US$2023: 323,533,713 US$2024: 370,214,857 US$
Change over the period: +330M (+832.18%) Average annual rate: 11.22 %

Comparison, 2024

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

Solomon Islands 370M US$
World 28.4T US$
East Asia & Pacific 10.82T US$
Melanesia computed 12.74B US$
Lower-middle-income countries computed 2.32T US$
Industry value added — Solomon Islands, by year Solomon Islands All countries CSV XLSX
Year US$ Change Change, %
2024 370M +46.68M +14.43%
2023 324M +40.38M +14.26%
2022 283M −2.05M −0.72%
2021 285M +20.28M +7.66%
2020 265M −28.5M −9.71%
2019 293M +9.07M +3.19%
2018 284M +25.63M +9.91%
2017 259M +44.12M +20.56%
2016 215M +11.19M +5.5%
2015 203M −21.78M −9.67%
2014 225M +23.97M +11.91%
2013 201M −15.03M −6.95%
2012 216M +17.82M +8.98%
2011 198M +81.91M +70.31%
2010 117M +21.28M +22.34%
2009 95.23M +15.54M +19.5%
2008 79.69M +10.27M +14.79%
2007 69.42M +11.86M +20.6%
2006 57.56M +10.02M +21.08%
2005 47.54M +2.27M +5.01%
2004 45.27M +5.56M +14%
2003 39.71M

Melanesia, 2024

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

About the indicator

Industrial value added in current US dollars. In the international classification industry means mining, manufacturing, electricity, water supply and construction — that is, broader than the word usually implies. Value added is output minus intermediate consumption, which is why the output of sectors cannot be summed while value added can: the sum over all sectors is GDP.

Important: It includes construction and mining, so a high share in commodity countries does not come from factories. For factories proper there is a separate indicator, manufacturing.

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