Low income vs Solomon Islands: Final consumption expenditure
Final consumption expenditure over time
- Low income
- Solomon Islands
How they compare
Solomon Islands currently reports 7.8% against 4.1% in Low income, a difference of 3.7%.
That makes Solomon Islands's figure about 1.9 times Low income's.
The two have swapped places 12 times across 31 shared years of data; in 1994 it was Solomon Islands ahead.
Low income ranks 20th and Solomon Islands ranks 18th of 42 groups.
Across the 4 decades both report, Low income averaged higher in 2 and Solomon Islands in 2.
Head to head by decade
| Decade | Low income | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 2.3% | -4.6% | 7.0% | Low income |
| 2000s | 5.2% | 1.6% | 3.6% | Low income |
| 2010s | 1.9% | 3.6% | 1.7% | Solomon Islands |
| 2020s | 1.4% | 3.7% | 2.3% | Solomon Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Low income or Solomon Islands?
- Solomon Islands, at 7.8% against 4.1% in Low income as of 2024.
- What is the difference in final consumption expenditure between Low income and Solomon Islands?
- 3.7%, with Solomon Islands ahead.
- How many years of comparable data are there for Low income and Solomon Islands?
- 31 years are reported by both, from 1994 to 2024.
- How do Low income and Solomon Islands rank globally for final consumption expenditure?
- Low income ranks 20th and Solomon Islands ranks 18th of 42 groups.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (annual % growth). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.