Annual growth of the general government final consumption expenditure in Solomon Islands
Solomon Islands: Annual growth of the general government final consumption expenditure was 6.9% in 2024. ◆ Volatile
Annual growth of the general government final consumption expenditure in Solomon Islands, 2004–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Solomon Islands recorded 6.9% for annual growth of the general government final consumption expenditure in 2024.
That represents a change of down 22.7% on the previous year and up 118.5% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Solomon Islands peaked at 80.6% in 2005 and was at its lowest, -17.2%, in 2011.
That places Solomon Islands 32nd out of 181 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the general government final consumption expenditure in Solomon Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 33.7% | — |
| 2005 | 80.6% | +138.9% |
| 2006 | 0.3% | -99.6% |
| 2007 | -2.2% | -750.5% |
| 2008 | -2.2% | -1.1% |
| 2009 | -0.1% | -97.0% |
| 2010 | 10.0% | -15640.6% |
| 2011 | -17.2% | -271.4% |
| 2012 | -9.0% | -47.5% |
| 2013 | 27.3% | -403.6% |
| 2014 | 3.1% | -88.5% |
| 2015 | 4.9% | +54.8% |
| 2016 | 4.2% | -14.0% |
| 2017 | -5.5% | -230.7% |
| 2018 | 14.4% | -362.2% |
| 2019 | 6.1% | -57.7% |
| 2020 | -13.3% | -319.3% |
| 2021 | -1.6% | -88.0% |
| 2022 | 3.7% | -332.8% |
| 2023 | 8.9% | +138.8% |
| 2024 | 6.9% | -22.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.4% | -2.2% | 80.6% | 6 |
| 2010s | 3.8% | -17.2% | 27.3% | 10 |
| 2020s | 0.9% | -13.3% | 8.9% | 5 |
Countries ranked near Solomon Islands
More economy & growth data for Solomon Islands
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.9064 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.96 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 52.88 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0334 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 64.55 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 32.97 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -58.21 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0208 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 40.24 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -0.3505 % change on previous year (2024)
Frequently asked questions
- What is annual growth of the general government final consumption expenditure in Solomon Islands?
- Annual growth of the general government final consumption expenditure in Solomon Islands was 6.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Solomon Islands?
- The highest recorded value was 80.6% in 2005.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Solomon Islands?
- The lowest recorded value was -17.2% in 2011.
- How does Solomon Islands rank for annual growth of the general government final consumption expenditure?
- Solomon Islands ranks 32nd out of 181 countries with data for 2024.
- Is annual growth of the general government final consumption expenditure rising or falling in Solomon Islands?
- Over the last ten years it is up 118.5%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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