Net investment in nonfinancial assets in Solomon Islands
Solomon Islands: Net investment in nonfinancial assets was 1.03 billion current LCU in 2024. ▲ Rising
Net investment in nonfinancial assets in Solomon Islands, 2011–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for net investment in nonfinancial assets in Solomon Islands is 1.03 billion current LCU, measured in 2024.
That represents a change of down 32.3% on the previous year and up 7.5% over ten years.
Over the whole period, net investment in nonfinancial assets in Solomon Islands peaked at 1.51 billion current LCU in 2023 and was at its lowest, 136.81 million current LCU, in 2011.
Solomon Islands ranks 129th of 156 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Net investment in nonfinancial assets in Solomon Islands, year by year
| Year | current LCU | Change |
|---|---|---|
| 2011 | 136.81 million current LCU | — |
| 2012 | 354.83 million current LCU | +159.4% |
| 2013 | 1.06 billion current LCU | +198.6% |
| 2014 | 953.58 million current LCU | -10.0% |
| 2015 | 1.12 billion current LCU | +17.1% |
| 2016 | 1.08 billion current LCU | -3.1% |
| 2017 | 1.18 billion current LCU | +8.8% |
| 2018 | 929.94 million current LCU | -21.0% |
| 2019 | 876.34 million current LCU | -5.8% |
| 2020 | 1.07 billion current LCU | +22.0% |
| 2021 | 1.11 billion current LCU | +4.2% |
| 2022 | 477.44 million current LCU | -57.1% |
| 2023 | 1.51 billion current LCU | +217.3% |
| 2024 | 1.03 billion current LCU | -32.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 853.93 million current LCU | 136.81 million current LCU | 1.18 billion current LCU | 9 |
| 2020s | 1.04 billion current LCU | 477.44 million current LCU | 1.51 billion current LCU | 5 |
Countries ranked near Solomon Islands
- 126 Bosnia and Herzegovina 1.46 billion current LCU compare
- 127 United Arab Emirates 1.45 billion current LCU compare
- 128 Tunisia 1.32 billion current LCU
- 130 El Salvador 893.20 million current LCU compare
- 131 Cyprus 832.00 million current LCU compare
- 132 Malta 733.70 million current LCU compare
More public sector data for Solomon Islands
- Tax revenue 23.3% (2024)
- Taxes on income, profits and capital gains 22.7% (2024)
- Taxes on goods and services 26.4% (2024)
- Net investment in nonfinancial assets 7.7% (2024)
- Net lending (+) / net borrowing (-) -1.9% (2024)
- Interest payments 1.5% (2024)
- Grants and other revenue 37.4% (2024)
- Interest payments 1.3% (2022)
- Other taxes 0.9% (2020)
- Compensation of employees 47.3% (2022)
Frequently asked questions
- What is net investment in nonfinancial assets in Solomon Islands?
- Net investment in nonfinancial assets in Solomon Islands was 1.03 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net investment in nonfinancial assets recorded in Solomon Islands?
- The highest recorded value was 1.51 billion current LCU in 2023.
- What is the lowest net investment in nonfinancial assets recorded in Solomon Islands?
- The lowest recorded value was 136.81 million current LCU in 2011.
- How does Solomon Islands rank for net investment in nonfinancial assets?
- Solomon Islands ranks 129th out of 156 countries with data for 2024.
- Is net investment in nonfinancial assets rising or falling in Solomon Islands?
- Over the last ten years it is up 7.5%. The long-run trend across the full record is rising.
- Where does this Solomon Islands data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net investment in nonfinancial assets (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.