Solomon Islands GDP: USD: Gross Value Added at Factor Cost: Services

2003 - 2022 | Yearly | USD mn | World Bank

Solomon Islands GDP: USD: Gross Value Added at Factor Cost: Services data was reported at 741.264 USD mn in 2022. This records an increase from the previous number of 711.199 USD mn for 2021. Solomon Islands GDP: USD: Gross Value Added at Factor Cost: Services data is updated yearly, averaging 565.423 USD mn from Dec 2003 (Median) to 2022, with 20 observations. The data reached an all-time high of 796.168 USD mn in 2019 and a record low of 155.757 USD mn in 2003. Solomon Islands GDP: USD: Gross Value Added at Factor Cost: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Solomon Islands – Table SB.World Bank.WDI: Gross Domestic Product: Nominal. Services industries correspond to ISIC (Rev. 4) divisions 45-99 and includes wholesale and retail trade, repair of motor vehicles, hotels and retaurants, transport, storage and communication, financial intermediation, real estate, renting and business activities, public administration and defence, compulsory social security, education, health and social work, other community, social and personal service activities, private households with employed persons, and extra-territorial organizations and bodies. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.;Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB);Gap-filled total;

View Solomon Islands's Solomon Islands GDP: USD: Gross Value Added at Factor Cost: Services from 2003 to 2022 in the chart:

Solomon Islands Solomon Islands GDP: USD: Gross Value Added at Factor Cost: Services

What was Solomon Islands's Solomon Islands GDP: USD: Gross Value Added at Factor Cost: Services in 2022?

Last Previous Min Max Unit Frequency Range
741.264 2022 711.199 2021 155.757 2003 796.168 2019 USD mn yearly 2003 - 2022

Related Indicators for Solomon Islands GDP: USD: Gross Value Added at Factor Cost: Services

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Solomon Islands Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 2,710.143 2028 yearly 1980 - 2028
Forecast: Nominal GDP Per Capita (USD) 2,761.300 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 3.005 2027 yearly 1980 - 2027
Government and Public Finance Last Frequency Range
Forecast: Government Expenditure (SBD bn) 7.640 2030 yearly 1980 - 2030
Forecast: Government Net Debt (SBD bn) 6.621 2030 yearly 1997 - 2030
Forecast: Government Revenue (SBD bn) 7.042 2030 yearly 1980 - 2030
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 0.836 2028 yearly 1980 - 2028
Forecast: Unemployment Rate (%) 0.000 yearly -
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 3.239 2028 yearly 1980 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) -0.191 2030 yearly 1980 - 2030

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