Discrepancy in expenditure estimate of GDP in Solomon Islands
Solomon Islands: Discrepancy in expenditure estimate of GDP was 355.17 million current LCU in 2024. ◆ Volatile
Discrepancy in expenditure estimate of GDP in Solomon Islands, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
Solomon Islands recorded 355.17 million current LCU for discrepancy in expenditure estimate of gdp in 2024.
The figure is up 11.8% on the previous year and up 105.9% over ten years.
Over the whole period, discrepancy in expenditure estimate of gdp in Solomon Islands peaked at 860.92 million current LCU in 2010 and was at its lowest, -431.62 million current LCU, in 2001.
Solomon Islands ranks 30th of 185 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Discrepancy in expenditure estimate of GDP in Solomon Islands, year by year
| Year | current LCU | Change |
|---|---|---|
| 1980 | -128.26 million current LCU | — |
| 1981 | -143.41 million current LCU | +11.8% |
| 1982 | -158.67 million current LCU | +10.6% |
| 1983 | -176.86 million current LCU | +11.5% |
| 1984 | -214.73 million current LCU | +21.4% |
| 1985 | -208.90 million current LCU | -2.7% |
| 1986 | -114.92 million current LCU | -45.0% |
| 1987 | -20.23 million current LCU | -82.4% |
| 1988 | -149.45 million current LCU | +638.7% |
| 1989 | -87.54 million current LCU | -41.4% |
| 1990 | -43.62 million current LCU | -50.2% |
| 1991 | -29.28 million current LCU | -32.9% |
| 1992 | 47.76 million current LCU | -263.1% |
| 1993 | -55.30 million current LCU | -215.8% |
| 1994 | 53.88 million current LCU | -197.4% |
| 1995 | 79.88 million current LCU | +48.2% |
| 1996 | -269.07 million current LCU | -436.9% |
| 1997 | -174.83 million current LCU | -35.0% |
| 1998 | -66.46 million current LCU | -62.0% |
| 1999 | -96.87 million current LCU | +45.8% |
| 2000 | -227.45 million current LCU | +134.8% |
| 2001 | -431.62 million current LCU | +89.8% |
| 2002 | -200.18 million current LCU | -53.6% |
| 2003 | 606.54 million current LCU | -403.0% |
| 2004 | 496.38 million current LCU | -18.2% |
| 2005 | 36.05 million current LCU | -92.7% |
| 2006 | 340.24 million current LCU | +843.8% |
| 2007 | 704.22 million current LCU | +107.0% |
| 2008 | 561.95 million current LCU | -20.2% |
| 2009 | 407.29 million current LCU | -27.5% |
| 2010 | 860.92 million current LCU | +111.4% |
| 2011 | 434.85 million current LCU | -49.5% |
| 2012 | 183.36 million current LCU | -57.8% |
| 2013 | 66.37 million current LCU | -63.8% |
| 2014 | 172.49 million current LCU | +159.9% |
| 2015 | -154.50 million current LCU | -189.6% |
| 2016 | -327.19 million current LCU | +111.8% |
| 2017 | -131.00 million current LCU | -60.0% |
| 2018 | -131.31 million current LCU | +0.2% |
| 2019 | -4.54 million current LCU | -96.5% |
| 2020 | -52.25 million current LCU | +1051.5% |
| 2021 | 318.02 million current LCU | -708.7% |
| 2022 | 50.60 million current LCU | -84.1% |
| 2023 | 317.71 million current LCU | +527.9% |
| 2024 | 355.17 million current LCU | +11.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -140.30 million current LCU | -214.73 million current LCU | -20.23 million current LCU | 10 |
| 1990s | -55.39 million current LCU | -269.07 million current LCU | 79.88 million current LCU | 10 |
| 2000s | 229.34 million current LCU | -431.62 million current LCU | 704.22 million current LCU | 10 |
| 2010s | 96.95 million current LCU | -327.19 million current LCU | 860.92 million current LCU | 10 |
| 2020s | 197.85 million current LCU | -52.25 million current LCU | 355.17 million current LCU | 5 |
Countries ranked near Solomon Islands
- 27 Belarus 996.60 million current LCU compare
- 28 New Zealand 611.00 million current LCU compare
- 29 Tajikistan 433.20 million current LCU compare
- 31 Bermuda 354.52 million current LCU compare
- 32 Mozambique 324.38 million current LCU compare
- 33 Canada 118.00 million current LCU compare
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)
- Manufacturing, value added (constant LCU), per capita 1,018 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 14.43 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.2337 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 451.92 current US$ per person (2024)
- Industry (including construction), value added (current LCU), annual 15.51 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 1.98 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), per 3,821 current LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) 8.33 % change on previous year (2024)
Frequently asked questions
- What is discrepancy in expenditure estimate of gdp in Solomon Islands?
- Discrepancy in expenditure estimate of gdp in Solomon Islands was 355.17 million current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest discrepancy in expenditure estimate of gdp recorded in Solomon Islands?
- The highest recorded value was 860.92 million current LCU in 2010.
- What is the lowest discrepancy in expenditure estimate of gdp recorded in Solomon Islands?
- The lowest recorded value was -431.62 million current LCU in 2001.
- How does Solomon Islands rank for discrepancy in expenditure estimate of gdp?
- Solomon Islands ranks 30th out of 185 countries with data for 2024.
- Is discrepancy in expenditure estimate of gdp rising or falling in Solomon Islands?
- Over the last ten years it is up 105.9%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Discrepancy in expenditure estimate of GDP (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Although the SNA ensures there is perfect consistency between the three measures of GDP, this is a conceptual consistency that in general does not emerge naturally from data compilations. This is because of the wide disparity of data sources that must be called on and the fact that any error in any source will lead to a difference between at least two of the GDP measures. In practice it is inevitable that many such data errors will exist and will become apparent in exercises such as the balancing of supply and use tables. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.