Palau vs Solomon Islands: Final consumption expenditure
Final consumption expenditure over time
- Palau
- Solomon Islands
How they compare
Palau currently reports 112.9% against 108.1% in Solomon Islands, a difference of 4.8%.
The two have swapped places 1 time across 20 shared years of data; in 2005 it was Solomon Islands ahead.
Palau ranks 13th and Solomon Islands ranks 16th of 188 countries.
Palau has averaged higher in every one of the 3 decades both report.
Head to head by decade
| Decade | Palau | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 103.9% | 95.6% | 8.3% | Palau |
| 2010s | 105.0% | 90.2% | 14.7% | Palau |
| 2020s | 122.9% | 97.5% | 25.4% | Palau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher final consumption expenditure, Palau or Solomon Islands?
- Palau, at 112.9% against 108.1% in Solomon Islands as of 2024.
- What is the difference in final consumption expenditure between Palau and Solomon Islands?
- 4.8%, with Palau ahead.
- How many years of comparable data are there for Palau and Solomon Islands?
- 20 years are reported by both, from 2005 to 2024.
- How do Palau and Solomon Islands rank globally for final consumption expenditure?
- Palau ranks 13th and Solomon Islands ranks 16th of 188 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Final consumption expenditure (% of GDP). 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 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.