General government final consumption expenditure in Solomon Islands
Solomon Islands: General government final consumption expenditure was 3.51 billion current 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 current LCU.
Analysis
The most recent figure for general government final consumption expenditure in Solomon Islands is 3.51 billion current LCU, measured in 2024.
The figure is down 0.1% on the previous year and up 16.7% over ten years.
Over the whole period, general government final consumption expenditure in Solomon Islands peaked at 3.66 billion current LCU in 2019 and was at its lowest, 524.60 million current LCU, in 2003.
Solomon Islands ranks 163rd of 186 countries on this measure, 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 | current LCU | Change |
|---|---|---|
| 2003 | 524.60 million current LCU | — |
| 2004 | 729.02 million current LCU | +39.0% |
| 2005 | 1.46 billion current LCU | +100.5% |
| 2006 | 1.57 billion current LCU | +7.3% |
| 2007 | 1.67 billion current LCU | +6.2% |
| 2008 | 1.83 billion current LCU | +9.9% |
| 2009 | 1.98 billion current LCU | +8.4% |
| 2010 | 2.28 billion current LCU | +15.1% |
| 2011 | 2.00 billion current LCU | -12.6% |
| 2012 | 2.22 billion current LCU | +11.3% |
| 2013 | 2.87 billion current LCU | +29.2% |
| 2014 | 3.01 billion current LCU | +4.8% |
| 2015 | 3.06 billion current LCU | +1.8% |
| 2016 | 3.19 billion current LCU | +4.2% |
| 2017 | 3.01 billion current LCU | -5.6% |
| 2018 | 3.45 billion current LCU | +14.5% |
| 2019 | 3.66 billion current LCU | +6.1% |
| 2020 | 3.17 billion current LCU | -13.3% |
| 2021 | 3.12 billion current LCU | -1.7% |
| 2022 | 3.16 billion current LCU | +1.6% |
| 2023 | 3.51 billion current LCU | +10.9% |
| 2024 | 3.51 billion current LCU | -0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.39 billion current LCU | 524.60 million current LCU | 1.98 billion current LCU | 7 |
| 2010s | 2.87 billion current LCU | 2.00 billion current LCU | 3.66 billion current LCU | 10 |
| 2020s | 3.29 billion current LCU | 3.12 billion current LCU | 3.51 billion current LCU | 5 |
Countries ranked near Solomon Islands
- 160 El Salvador 6.02 billion current LCU compare
- 161 Brunei Darussalam 4.68 billion current LCU compare
- 162 Malta 4.31 billion current LCU compare
- 164 Palestine, State of 2.93 billion current LCU compare
- 165 Fiji 2.56 billion current LCU compare
- 166 Bahrain 2.50 billion 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)
- GNI, Atlas method (current US$), annual growth rate 8.65 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.9706 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 2,025 current US$ per person (2025)
- GNI (current US$), annual growth rate 10.62 % change on previous year (2025)
- GNI (current US$), per unit of GDP 1 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 2,088 current US$ per person (2025)
- GNI (current LCU), annual growth rate 8.94 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 8.34 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is general government final consumption expenditure in Solomon Islands?
- General government final consumption expenditure in Solomon Islands was 3.51 billion current 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 3.66 billion current LCU in 2019.
- What is the lowest general government final consumption expenditure recorded in Solomon Islands?
- The lowest recorded value was 524.60 million current LCU in 2003.
- How does Solomon Islands rank for general government final consumption expenditure?
- Solomon Islands ranks 163rd out of 186 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 16.7%. 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 (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.