Final consumption expenditure in Solomon Islands
Solomon Islands: Final consumption expenditure was 12.25 billion constant LCU in 2024. ▬ Flat
Final consumption expenditure in Solomon Islands, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Solomon Islands recorded 12.25 billion constant LCU for final consumption expenditure in 2024. That is the highest value across all 45 years on record.
That represents a change of up 7.8% on the previous year and up 40.3% over ten years.
Over the whole period, final consumption expenditure in Solomon Islands peaked at 12.25 billion constant LCU in 2024 and was at its lowest, 4.71 billion constant LCU, in 2003.
That places Solomon Islands 158th out of 176 countries with data for 2024, putting it in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 9.66 billion constant LCU | 6.28 billion constant LCU | 10.83 billion constant LCU | 10 |
| 1990s | 8.86 billion constant LCU | 6.47 billion constant LCU | 11.06 billion constant LCU | 10 |
| 2000s | 6.36 billion constant LCU | 4.71 billion constant LCU | 7.45 billion constant LCU | 10 |
| 2010s | 8.87 billion constant LCU | 7.70 billion constant LCU | 10.43 billion constant LCU | 10 |
| 2020s | 10.50 billion constant LCU | 8.99 billion constant LCU | 12.25 billion constant LCU | 5 |
Countries ranked near Solomon Islands
More economy & growth data for Solomon Islands
- External balance on goods and services as a percent of gdp -30.22 (2024)
- Gdp worldbank constant usd 1.53 billion (2025)
- Manufacturing value added to gdp 10.09 (2024)
- Gdp per capita in international and market dollars 1,828 (2025)
- Inflation of consumer prices 3.36 (2025)
- Gdp per capita worldbank constant usd 1,828 (2025)
- Imports of goods and services 9.48 billion current LCU (2024)
- External balance on goods and services -478.61 million current US$ (2024)
- Imports of goods and services 70.8% (2024)
- Imports of goods and services 14.2% (2024)
Frequently asked questions
- What is final consumption expenditure in Solomon Islands?
- Final consumption expenditure in Solomon Islands was 12.25 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Solomon Islands?
- The highest recorded value was 12.25 billion constant LCU in 2024.
- What is the lowest final consumption expenditure recorded in Solomon Islands?
- The lowest recorded value was 4.71 billion constant LCU in 2003.
- How does Solomon Islands rank for final consumption expenditure?
- Solomon Islands ranks 158th out of 176 countries with data for 2024.
- Is final consumption expenditure rising or falling in Solomon Islands?
- Over the last ten years it is up 40.3%. The long-run trend across the full record is flat.
- 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 Final consumption expenditure (constant LCU). Statizoid updates them automatically from the source API.
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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 in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.