Solomon Islands - Gross fixed capital formation

Gross fixed capital formation (current US$)

The latest value for Gross fixed capital formation (current US$) in Solomon Islands was $114,568,900 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between $247,356,500 in 2017 and $8,103,910 in 1985.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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 $8,435,491
1981 $9,193,645
1982 $9,267,799
1983 $8,706,567
1984 $8,636,154
1985 $8,103,910
1986 $12,632,790
1987 $22,463,030
1988 $20,648,090
1989 $25,291,710
1990 $20,958,700
1991 $27,994,700
1992 $27,662,990
1993 $35,448,760
1994 $35,851,000
1995 $29,654,420
1996 $33,086,590
1997 $34,706,340
1998 $33,017,690
1999 $33,690,910
2000 $32,030,500
2001 $32,398,640
2002 $20,744,430
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 $187,214,500
2013 $212,404,700
2014 $191,585,400
2015 $206,324,900
2016 $204,952,100
2017 $247,356,500
2018 $172,650,100
2019 $178,383,500
2020 $114,568,900

Gross fixed capital formation (current LCU)

The value for Gross fixed capital formation (current LCU) in Solomon Islands was 941,000,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 1,951,000,000 in 2017 and a minimum value of 7,000,000 in 1980.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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 7,000,000
1981 8,000,000
1982 9,000,000
1983 10,000,000
1984 11,000,000
1985 12,000,000
1986 22,000,000
1987 45,000,000
1988 43,000,000
1989 58,000,000
1990 53,000,000
1991 76,000,000
1992 81,000,000
1993 113,000,000
1994 118,000,000
1995 101,000,000
1996 118,000,000
1997 129,000,000
1998 159,000,000
1999 163,000,000
2000 163,000,000
2001 171,000,000
2002 140,000,000
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 1,377,000,000
2013 1,551,000,000
2014 1,413,000,000
2015 1,633,000,000
2016 1,629,000,000
2017 1,951,000,000
2018 1,373,000,000
2019 1,458,000,000
2020 941,000,000

Gross fixed capital formation (constant 2010 US$)

The latest value for Gross fixed capital formation (constant 2010 US$) in Solomon Islands was 119,260,400 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between 329,666,400 in 2010 and 30,381,910 in 1982.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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 31,439,990
1981 30,835,380
1982 30,381,910
1983 31,439,990
1984 31,591,140
1985 30,533,070
1986 55,775,750
1987 101,726,500
1988 82,227,670
1989 107,168,000
1990 90,994,590
1991 80,413,820
1992 83,588,060
1993 103,238,000
1994 113,667,700
1995 99,308,050
1996 85,855,360
1997 92,052,660
1998 145,258,800
1999 96,738,430
2000 73,309,590
2001 69,228,440
2002 48,671,520
2003 76,634,980
2004 72,100,360
2005 89,180,740
2006 118,655,700
2007 161,583,400
2008 161,130,000
2009 179,873,000
2010 329,666,400
2011 213,278,000
2012 208,138,800
2013 203,301,900
2014 175,943,000
2015 206,324,900
2016 240,939,200
2017 259,077,600
2018 182,291,500
2019 190,453,800
2020 119,260,400

Gross fixed capital formation (annual % growth)

The value for Gross fixed capital formation (annual % growth) in Solomon Islands was -37.38 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 -37.38 in 2020.

Definition: Average annual growth of gross fixed capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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 -1.92
1982 -1.47
1983 3.48
1984 0.48
1985 -3.35
1986 82.67
1987 82.38
1988 -19.17
1989 30.33
1990 -15.09
1991 -11.63
1992 3.95
1993 23.51
1994 10.10
1995 -12.63
1996 -13.55
1997 7.22
1998 57.80
1999 -33.40
2000 -24.22
2001 -5.57
2002 -29.69
2003 57.45
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 -2.41
2013 -2.32
2014 -13.46
2015 17.27
2016 16.78
2017 7.53
2018 -29.64
2019 4.48
2020 -37.38

Gross fixed capital formation (constant LCU)

The value for Gross fixed capital formation (constant LCU) in Solomon Islands was 789,000,000 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 201,000,000 in 1982.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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 208,000,000
1981 204,000,000
1982 201,000,000
1983 208,000,000
1984 209,000,000
1985 202,000,000
1986 369,000,000
1987 673,000,000
1988 544,000,000
1989 709,000,000
1990 602,000,000
1991 532,000,000
1992 553,000,000
1993 683,000,000
1994 752,000,000
1995 657,000,000
1996 568,000,000
1997 609,000,000
1998 961,000,000
1999 640,000,000
2000 485,000,000
2001 458,000,000
2002 322,000,000
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 1,377,000,000
2013 1,345,000,000
2014 1,164,000,000
2015 1,365,000,000
2016 1,594,000,000
2017 1,714,000,000
2018 1,206,000,000
2019 1,260,000,000
2020 789,000,000

Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Solomon Islands was 7.41 as of 2020. Its highest value over the past 40 years was 20.59 in 2010, while its lowest value was 4.61 in 1980.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes 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. 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 4.61
1981 4.73
1982 4.81
1983 4.81
1984 4.76
1985 4.90
1986 8.56
1987 14.47
1988 11.68
1989 14.65
1990 9.76
1991 12.30
1992 10.28
1993 11.78
1994 8.90
1995 6.32
1996 6.48
1997 6.59
1998 7.21
1999 6.90
2000 7.63
2001 7.91
2002 5.99
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 15.72
2013 16.53
2014 14.35
2015 15.79
2016 14.87
2017 16.67
2018 10.96
2019 11.36
2020 7.41

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts