Final consumption expenditure in Solomon Islands
Solomon Islands: Final consumption expenditure was 1.71 billion current US$ in 2024. ◆ Volatile
Final consumption expenditure in Solomon Islands, 1980–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for final consumption expenditure in Solomon Islands is 1.71 billion current US$, measured in 2024. That is the highest value across all 45 years on record.
The figure is up 8.4% on the previous year and up 35.8% over ten years.
Over the whole period, final consumption expenditure in Solomon Islands peaked at 1.71 billion current US$ in 2024 and was at its lowest, 215.15 million current US$, in 1987.
That places Solomon Islands 177th out of 186 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 365.36 million current US$ | 215.15 million current US$ | 443.59 million current US$ | 10 |
| 1990s | 459.20 million current US$ | 322.69 million current US$ | 600.33 million current US$ | 10 |
| 2000s | 536.84 million current US$ | 349.07 million current US$ | 761.28 million current US$ | 10 |
| 2010s | 1.18 billion current US$ | 862.34 million current US$ | 1.41 billion current US$ | 10 |
| 2020s | 1.49 billion current US$ | 1.35 billion current US$ | 1.71 billion current US$ | 5 |
Countries ranked near Solomon Islands
More economy & growth data for Solomon Islands
- External balance on goods and services as a percent of GDP -30.2% (2024)
- Inflation of consumer prices 3.4% (2025)
- GDP per capita 1,828 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 10.1% (2024)
- Gross domestic product (GDP) 1.53 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 1,828 constant 2015 US$ (2025)
- DEC alternative conversion factor 8.33 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.21 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 145.27 million current US$ (2025)
- Taxes less subsidies on products 266.39 million current LCU (2024)
Frequently asked questions
- What is final consumption expenditure in Solomon Islands?
- Final consumption expenditure in Solomon Islands was 1.71 billion current US$ in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest final consumption expenditure recorded in Solomon Islands?
- The highest recorded value was 1.71 billion current US$ in 2024.
- What is the lowest final consumption expenditure recorded in Solomon Islands?
- The lowest recorded value was 215.15 million current US$ in 1987.
- How does Solomon Islands rank for final consumption expenditure?
- Solomon Islands ranks 177th out of 186 countries with data for 2024.
- Is final consumption expenditure rising or falling in Solomon Islands?
- Over the last ten years it is up 35.8%. 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 Offices (NSOs), published as part of Final consumption expenditure (current US$). 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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.