Net investment in nonfinancial assets in Solomon Islands
Solomon Islands: Net investment in nonfinancial assets was 7.7% 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 % of GDP.
Analysis
In 2024, net investment in nonfinancial assets in Solomon Islands stood at 7.7%.
Compared with earlier readings it is down 36.2% on the previous year and down 20.9% over ten years.
Over the whole period, net investment in nonfinancial assets in Solomon Islands peaked at 12.0% in 2023 and was at its lowest, 1.7%, in 2011.
That places Solomon Islands 15th out of 156 countries with data for 2024, putting it in the top 10%.
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 | % of GDP | Change |
|---|---|---|
| 2011 | 1.7% | — |
| 2012 | 4.1% | +141.9% |
| 2013 | 11.3% | +177.2% |
| 2014 | 9.7% | -14.2% |
| 2015 | 10.8% | +11.4% |
| 2016 | 9.9% | -8.5% |
| 2017 | 10.1% | +2.9% |
| 2018 | 7.2% | -28.7% |
| 2019 | 6.6% | -8.5% |
| 2020 | 8.5% | +27.9% |
| 2021 | 8.9% | +5.1% |
| 2022 | 4.0% | -55.2% |
| 2023 | 12.0% | +200.8% |
| 2024 | 7.7% | -36.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 7.9% | 1.7% | 11.3% | 9 |
| 2020s | 8.2% | 4.0% | 12.0% | 5 |
Countries ranked near Solomon Islands
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 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)
- Goods and services expense 38.5% (2022)
Frequently asked questions
- What is net investment in nonfinancial assets in Solomon Islands?
- Net investment in nonfinancial assets in Solomon Islands was 7.7% 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 12.0% in 2023.
- What is the lowest net investment in nonfinancial assets recorded in Solomon Islands?
- The lowest recorded value was 1.7% in 2011.
- How does Solomon Islands rank for net investment in nonfinancial assets?
- Solomon Islands ranks 15th 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 down 20.9%. 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.