General government final consumption expenditure in Solomon Islands
Solomon Islands: General government final consumption expenditure was 3.77 billion constant LCU in 2024. ▲ Rising
General government final consumption expenditure in Solomon Islands, 2003–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 2024, general government final consumption expenditure in Solomon Islands stood at 3.77 billion constant LCU. That is the highest value across all 22 years on record.
Compared with earlier readings it is up 6.9% on the previous year and up 29.0% over ten years.
Over the whole period, general government final consumption expenditure in Solomon Islands peaked at 3.77 billion constant LCU in 2024 and was at its lowest, 1.16 billion constant LCU, in 2003.
That places Solomon Islands 154th out of 175 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 22 years of available data.
General government final consumption expenditure in Solomon Islands, year by year
| Year | constant LCU | Change |
|---|---|---|
| 2003 | 1.16 billion constant LCU | — |
| 2004 | 1.55 billion constant LCU | +33.7% |
| 2005 | 2.79 billion constant LCU | +80.6% |
| 2006 | 2.80 billion constant LCU | +0.3% |
| 2007 | 2.74 billion constant LCU | -2.2% |
| 2008 | 2.68 billion constant LCU | -2.2% |
| 2009 | 2.68 billion constant LCU | -0.1% |
| 2010 | 2.95 billion constant LCU | +10.0% |
| 2011 | 2.44 billion constant LCU | -17.2% |
| 2012 | 2.22 billion constant LCU | -9.0% |
| 2013 | 2.83 billion constant LCU | +27.3% |
| 2014 | 2.92 billion constant LCU | +3.1% |
| 2015 | 3.06 billion constant LCU | +4.9% |
| 2016 | 3.19 billion constant LCU | +4.2% |
| 2017 | 3.01 billion constant LCU | -5.5% |
| 2018 | 3.45 billion constant LCU | +14.4% |
| 2019 | 3.66 billion constant LCU | +6.1% |
| 2020 | 3.17 billion constant LCU | -13.3% |
| 2021 | 3.12 billion constant LCU | -1.6% |
| 2022 | 3.24 billion constant LCU | +3.7% |
| 2023 | 3.52 billion constant LCU | +8.9% |
| 2024 | 3.77 billion constant LCU | +6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.34 billion constant LCU | 1.16 billion constant LCU | 2.80 billion constant LCU | 7 |
| 2010s | 2.97 billion constant LCU | 2.22 billion constant LCU | 3.66 billion constant LCU | 10 |
| 2020s | 3.36 billion constant LCU | 3.12 billion constant LCU | 3.77 billion constant LCU | 5 |
Countries ranked near Solomon Islands
- 151 El Salvador 4.28 billion constant LCU compare
- 152 Sierra Leone 3.94 billion constant LCU compare
- 153 Turkmenistan 3.80 billion constant LCU
- 155 Malta 3.43 billion constant LCU compare
- 156 Azerbaijan 3.26 billion constant LCU compare
- 157 Bahrain 2.34 billion constant 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)
- GDP (constant 2015 US$), annual growth rate 3.62 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8764 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 1,828 constant 2015 US$ per person (2025)
- GDP (constant LCU), annual growth rate 3.62 % change on previous year (2025)
- GDP (constant LCU), per unit of GDP 6.32 constant LCU per US$ of GDP (2025)
- GDP (constant LCU), per capita 13,194 constant LCU per person (2025)
- Gross domestic savings (current US$), annual growth rate -74.91 % change on previous year (2024)
- Gross domestic savings (current US$), per unit of GDP -0.081 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is general government final consumption expenditure in Solomon Islands?
- General government final consumption expenditure in Solomon Islands was 3.77 billion constant LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest general government final consumption expenditure recorded in Solomon Islands?
- The highest recorded value was 3.77 billion constant LCU in 2024.
- What is the lowest general government final consumption expenditure recorded in Solomon Islands?
- The lowest recorded value was 1.16 billion constant LCU in 2003.
- How does Solomon Islands rank for general government final consumption expenditure?
- Solomon Islands ranks 154th out of 175 countries with data for 2024.
- Is general government final consumption expenditure rising or falling in Solomon Islands?
- Over the last ten years it is up 29.0%. The long-run trend across the full record is rising.
- 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 General government 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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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.