Solomon Islands vs Somalia: Households and NPISHs Final consumption expenditure per capita, PPP
Households and NPISHs Final consumption expenditure per capita, PPP over time
- Solomon Islands
- Somalia
How they compare
Solomon Islands currently reports 1,762 current international $ against 1,674 current international $ in Somalia, a difference of 88 current international $.
That makes Solomon Islands's figure about 1.1 times Somalia's.
Across all 5 years both countries report, Somalia has been ahead every year.
Solomon Islands ranks 172nd and Somalia ranks 173rd of 182 countries.
Somalia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Solomon Islands | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1,366 current international $ | 1,669 current international $ | 302.98 current international $ | Somalia |
| 2020s | 1,374 current international $ | 1,644 current international $ | 270.49 current international $ | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher households and npishs final consumption expenditure per capita, ppp, Solomon Islands or Somalia?
- Solomon Islands, at 1,762 current international $ against 1,674 current international $ in Somalia as of 2024.
- What is the difference in households and npishs final consumption expenditure per capita, ppp between Solomon Islands and Somalia?
- 88 current international $, with Solomon Islands ahead.
- How many years of comparable data are there for Solomon Islands and Somalia?
- 5 years are reported by both, from 2017 to 2021.
- How do Solomon Islands and Somalia rank globally for households and npishs final consumption expenditure per capita, ppp?
- Solomon Islands ranks 172nd and Somalia ranks 173rd of 182 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024, published as Households and NPISHs Final consumption expenditure per capita, PPP (current international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
This indicator provides values for final consumption expenditure per person expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.