Solomon Islands - Gross capital formation

Gross capital formation (current US$)

The latest value for Gross capital formation (current US$) in Solomon Islands was $134,536,200 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between $266,501,000 in 2017 and $6,025,351 in 1980.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1980 $6,025,351
1981 $6,895,234
1982 $7,208,288
1983 $6,965,254
1984 $6,280,839
1985 $6,077,933
1986 $9,761,700
1987 $17,471,250
1988 $15,846,210
1989 $19,622,880
1990 $16,213,330
1991 $21,732,720
1992 $21,174,140
1993 $27,292,410
1994 $27,647,810
1995 $24,663,080
1996 $29,161,060
1997 $34,706,340
1998 $33,017,690
1999 $33,690,910
2000 $32,030,500
2001 $32,398,640
2002 $20,596,250
2003 $37,703,670
2004 $27,923,630
2005 $44,090,890
2006 $63,473,290
2007 $95,007,840
2008 $99,252,700
2009 $98,448,170
2010 $174,344,400
2011 $169,342,900
2012 $170,763,500
2013 $200,216,400
2014 $174,365,800
2015 $205,945,900
2016 $223,195,200
2017 $266,501,000
2018 $192,392,300
2019 $197,959,200
2020 $134,536,200

Gross capital formation (current LCU)

The value for Gross capital formation (current LCU) in Solomon Islands was 1,105,000,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 2,102,000,000 in 2017 and a minimum value of 5,000,000 in 1980.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1980 5,000,000
1981 6,000,000
1982 7,000,000
1983 8,000,000
1984 8,000,000
1985 9,000,000
1986 17,000,000
1987 35,000,000
1988 33,000,000
1989 45,000,000
1990 41,000,000
1991 59,000,000
1992 62,000,000
1993 87,000,000
1994 91,000,000
1995 84,000,000
1996 104,000,000
1997 129,000,000
1998 159,000,000
1999 163,000,000
2000 163,000,000
2001 171,000,000
2002 139,000,000
2003 283,000,000
2004 209,000,000
2005 332,000,000
2006 483,000,000
2007 727,000,000
2008 769,000,000
2009 793,000,000
2010 1,406,000,000
2011 1,294,000,000
2012 1,256,000,000
2013 1,462,000,000
2014 1,286,000,000
2015 1,630,000,000
2016 1,774,000,000
2017 2,102,000,000
2018 1,530,000,000
2019 1,618,000,000
2020 1,105,000,000

Gross capital formation (constant 2010 US$)

The latest value for Gross capital formation (constant 2010 US$) in Solomon Islands was 108,331,800 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between 359,622,100 in 2010 and 36,770,160 in 1982.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2010 U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1980 38,089,270
1981 37,429,720
1982 36,770,160
1983 38,254,160
1984 38,254,160
1985 37,099,940
1986 67,769,220
1987 123,501,600
1988 99,757,620
1989 130,097,100
1990 109,156,300
1991 93,656,740
1992 94,646,070
1993 114,597,600
1994 121,852,700
1995 108,826,500
1996 95,800,300
1997 101,736,300
1998 160,601,500
1999 107,012,700
2000 81,125,210
2001 76,673,220
2002 53,753,690
2003 83,598,540
2004 78,651,880
2005 97,284,290
2006 129,437,600
2007 176,266,000
2008 175,771,300
2009 196,217,500
2010 359,622,100
2011 232,657,900
2012 207,100,100
2013 200,999,200
2014 172,308,600
2015 205,945,900
2016 242,716,100
2017 260,853,800
2018 177,090,400
2019 185,994,400
2020 108,331,800

Gross capital formation (annual % growth)

The value for Gross capital formation (annual % growth) in Solomon Islands was -41.76 as of 2020. As the graph below shows, over the past 39 years this indicator reached a maximum value of 83.28 in 2010 and a minimum value of -41.76 in 2020.

Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1981 -1.73
1982 -1.76
1983 4.04
1984 0.00
1985 -3.02
1986 82.67
1987 82.24
1988 -19.23
1989 30.41
1990 -16.10
1991 -14.20
1992 1.06
1993 21.08
1994 6.33
1995 -10.69
1996 -11.97
1997 6.20
1998 57.86
1999 -33.37
2000 -24.19
2001 -5.49
2002 -29.89
2003 55.52
2004 -5.92
2005 23.69
2006 33.05
2007 36.18
2008 -0.28
2009 11.63
2010 83.28
2011 -35.30
2012 -10.99
2013 -2.95
2014 -14.27
2015 19.52
2016 17.85
2017 7.47
2018 -32.11
2019 5.03
2020 -41.76

Gross capital formation (constant LCU)

The value for Gross capital formation (constant LCU) in Solomon Islands was 657,000,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 2,181,000,000 in 2010 and a minimum value of 223,000,000 in 1982.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1980 231,000,000
1981 227,000,000
1982 223,000,000
1983 232,000,000
1984 232,000,000
1985 225,000,000
1986 411,000,000
1987 749,000,000
1988 605,000,000
1989 789,000,000
1990 662,000,000
1991 568,000,000
1992 574,000,000
1993 695,000,000
1994 739,000,000
1995 660,000,000
1996 581,000,000
1997 617,000,000
1998 974,000,000
1999 649,000,000
2000 492,000,000
2001 465,000,000
2002 326,000,000
2003 507,000,000
2004 477,000,000
2005 590,000,000
2006 785,000,000
2007 1,069,000,000
2008 1,066,000,000
2009 1,190,000,000
2010 2,181,000,000
2011 1,411,000,000
2012 1,256,000,000
2013 1,219,000,000
2014 1,045,000,000
2015 1,249,000,000
2016 1,472,000,000
2017 1,582,000,000
2018 1,074,000,000
2019 1,128,000,000
2020 657,000,000

Gross capital formation (% of GDP)

Gross capital formation (% of GDP) in Solomon Islands was 8.70 as of 2020. Its highest value over the past 40 years was 20.59 in 2010, while its lowest value was 3.29 in 1980.

Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1980 3.29
1981 3.55
1982 3.74
1983 3.85
1984 3.46
1985 3.67
1986 6.61
1987 11.25
1988 8.97
1989 11.36
1990 7.55
1991 9.55
1992 7.87
1993 9.07
1994 6.86
1995 5.25
1996 5.71
1997 6.59
1998 7.21
1999 6.90
2000 7.63
2001 7.91
2002 5.95
2003 10.70
2004 7.02
2005 9.25
2006 11.78
2007 15.32
2008 14.20
2009 13.38
2010 20.59
2011 16.13
2012 14.34
2013 15.58
2014 13.06
2015 15.76
2016 16.19
2017 17.96
2018 12.22
2019 12.61
2020 8.70

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts