Solomon Islands - 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

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts