Final consumption expenditure (constant LCU), per unit of GDP in Solomon Islands
Solomon Islands: Final consumption expenditure (constant LCU), per unit of GDP was 7.73 constant LCU per US$ of GDP in 2024. ◆ Volatile
Final consumption expenditure (constant LCU), per unit of GDP in Solomon Islands, 1980–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
The most recent figure for final consumption expenditure (constant lcu), per unit of gdp in Solomon Islands is 7.73 constant LCU per US$ of GDP, measured in 2024.
The figure is up 2.5% on the previous year and up 18.3% over ten years.
Over the whole period, final consumption expenditure (constant lcu), per unit of gdp in Solomon Islands peaked at 63.37 constant LCU per US$ of GDP in 1985 and was at its lowest, 5.85 constant LCU per US$ of GDP, in 2020.
That places Solomon Islands 87th out of 177 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Final consumption expenditure (constant LCU), per unit of GDP in Solomon Islands, year by year
| Year | constant LCU per US$ of GDP | Change |
|---|---|---|
| 1980 | 58.92 constant LCU per US$ of GDP | — |
| 1981 | 54.61 constant LCU per US$ of GDP | -7.3% |
| 1982 | 53.94 constant LCU per US$ of GDP | -1.2% |
| 1983 | 59.64 constant LCU per US$ of GDP | +10.6% |
| 1984 | 59.63 constant LCU per US$ of GDP | -0.0% |
| 1985 | 63.37 constant LCU per US$ of GDP | +6.3% |
| 1986 | 53.3 constant LCU per US$ of GDP | -15.9% |
| 1987 | 40.5 constant LCU per US$ of GDP | -24.0% |
| 1988 | 54.78 constant LCU per US$ of GDP | +35.3% |
| 1989 | 51.53 constant LCU per US$ of GDP | -5.9% |
| 1990 | 43.79 constant LCU per US$ of GDP | -15.0% |
| 1991 | 36.52 constant LCU per US$ of GDP | -16.6% |
| 1992 | 28.62 constant LCU per US$ of GDP | -21.6% |
| 1993 | 32.01 constant LCU per US$ of GDP | +11.9% |
| 1994 | 27.06 constant LCU per US$ of GDP | -15.5% |
| 1995 | 23.56 constant LCU per US$ of GDP | -12.9% |
| 1996 | 18.03 constant LCU per US$ of GDP | -23.5% |
| 1997 | 17.48 constant LCU per US$ of GDP | -3.0% |
| 1998 | 14.14 constant LCU per US$ of GDP | -19.1% |
| 1999 | 13.77 constant LCU per US$ of GDP | -2.6% |
| 2000 | 14.7 constant LCU per US$ of GDP | +6.7% |
| 2001 | 14.34 constant LCU per US$ of GDP | -2.5% |
| 2002 | 15.7 constant LCU per US$ of GDP | +9.5% |
| 2003 | 11.27 constant LCU per US$ of GDP | -28.2% |
| 2004 | 11.33 constant LCU per US$ of GDP | +0.5% |
| 2005 | 12.45 constant LCU per US$ of GDP | +9.9% |
| 2006 | 11.44 constant LCU per US$ of GDP | -8.1% |
| 2007 | 10.54 constant LCU per US$ of GDP | -7.9% |
| 2008 | 9.6 constant LCU per US$ of GDP | -8.9% |
| 2009 | 9.17 constant LCU per US$ of GDP | -4.5% |
| 2010 | 8.97 constant LCU per US$ of GDP | -2.2% |
| 2011 | 7.29 constant LCU per US$ of GDP | -18.7% |
| 2012 | 6.49 constant LCU per US$ of GDP | -10.9% |
| 2013 | 6.58 constant LCU per US$ of GDP | +1.4% |
| 2014 | 6.54 constant LCU per US$ of GDP | -0.7% |
| 2015 | 6.89 constant LCU per US$ of GDP | +5.4% |
| 2016 | 6.78 constant LCU per US$ of GDP | -1.7% |
| 2017 | 6.25 constant LCU per US$ of GDP | -7.8% |
| 2018 | 6.23 constant LCU per US$ of GDP | -0.2% |
| 2019 | 6.44 constant LCU per US$ of GDP | +3.3% |
| 2020 | 5.85 constant LCU per US$ of GDP | -9.1% |
| 2021 | 6.17 constant LCU per US$ of GDP | +5.4% |
| 2022 | 7 constant LCU per US$ of GDP | +13.4% |
| 2023 | 7.55 constant LCU per US$ of GDP | +7.9% |
| 2024 | 7.73 constant LCU per US$ of GDP | +2.5% |
Solomon Islands compared with similar countries
- Solomon Islands's 7.73 constant LCU per US$ of GDP is below the median for lower middle income countries, which is 46.73 constant LCU per US$ of GDP, 17% of the median. (44 countries reporting)
- Solomon Islands's 7.73 constant LCU per US$ of GDP is above the median for East Asia & Pacific, which is 3.64 constant LCU per US$ of GDP, 2.1× the median. (26 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 55.02 constant LCU per US$ of GDP | 40.5 constant LCU per US$ of GDP | 63.37 constant LCU per US$ of GDP | 10 |
| 1990s | 25.5 constant LCU per US$ of GDP | 13.77 constant LCU per US$ of GDP | 43.79 constant LCU per US$ of GDP | 10 |
| 2000s | 12.05 constant LCU per US$ of GDP | 9.17 constant LCU per US$ of GDP | 15.7 constant LCU per US$ of GDP | 10 |
| 2010s | 6.85 constant LCU per US$ of GDP | 6.23 constant LCU per US$ of GDP | 8.97 constant LCU per US$ of GDP | 10 |
| 2020s | 6.86 constant LCU per US$ of GDP | 5.85 constant LCU per US$ of GDP | 7.73 constant LCU per US$ of GDP | 5 |
Countries ranked near Solomon Islands
- 84 South Africa 9.69 constant LCU per US$ of GDP compare
- 85 Maldives 9.27 constant LCU per US$ of GDP compare
- 86 Moldova 9.07 constant LCU per US$ of GDP compare
- 88 Botswana 7.36 constant LCU per US$ of GDP compare
- 89 Sierra Leone 7.11 constant LCU per US$ of GDP compare
- 90 Honduras 6.46 constant LCU per US$ of GDP 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)
- 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$), annual growth rate -0.3505 % change on previous year (2024)
Frequently asked questions
- What is final consumption expenditure (constant lcu), per unit of gdp in Solomon Islands?
- Final consumption expenditure (constant lcu), per unit of gdp in Solomon Islands was 7.73 constant LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest final consumption expenditure (constant lcu), per unit of gdp recorded in Solomon Islands?
- The highest recorded value was 63.37 constant LCU per US$ of GDP in 1985.
- What is the lowest final consumption expenditure (constant lcu), per unit of gdp recorded in Solomon Islands?
- The lowest recorded value was 5.85 constant LCU per US$ of GDP in 2020.
- How does Solomon Islands rank for final consumption expenditure (constant lcu), per unit of gdp?
- Solomon Islands ranks 87th out of 177 countries with data for 2024.
- Is final consumption expenditure (constant lcu), per unit of gdp rising or falling in Solomon Islands?
- Over the last ten years it is up 18.3%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Statizoid (derived), published as part of Final consumption expenditure (constant LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Final consumption expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Final consumption expenditure (constant LCU) ÷ GDP (current US$)
Computed from
- Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Final consumption expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.