General government final consumption expenditure (current US$) in Solomon Islands
Solomon Islands: General government final consumption expenditure (current US$) was 414.81 million current US$ 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 US$.
Analysis
Solomon Islands recorded 414.81 million current US$ for general government final consumption expenditure in 2024.
Compared with earlier readings it is down 1.0% on the previous year and up 1.8% over ten years.
Over the whole period, general government final consumption expenditure in Solomon Islands peaked at 447.31 million current US$ in 2019 and was at its lowest, 69.89 million current US$, in 2003.
That places Solomon Islands 173rd out of 187 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 22 years of available data.
General government final consumption expenditure (current US$) in Solomon Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 2003 | 69.89 million current US$ | — |
| 2004 | 97.40 million current US$ | +39.4% |
| 2005 | 194.15 million current US$ | +99.3% |
| 2006 | 206.09 million current US$ | +6.1% |
| 2007 | 217.68 million current US$ | +5.6% |
| 2008 | 236.21 million current US$ | +8.5% |
| 2009 | 246.39 million current US$ | +4.3% |
| 2010 | 283.32 million current US$ | +15.0% |
| 2011 | 261.28 million current US$ | -7.8% |
| 2012 | 302.06 million current US$ | +15.6% |
| 2013 | 392.97 million current US$ | +30.1% |
| 2014 | 407.60 million current US$ | +3.7% |
| 2015 | 386.69 million current US$ | -5.1% |
| 2016 | 401.20 million current US$ | +3.8% |
| 2017 | 381.85 million current US$ | -4.8% |
| 2018 | 433.47 million current US$ | +13.5% |
| 2019 | 447.31 million current US$ | +3.2% |
| 2020 | 385.91 million current US$ | -13.7% |
| 2021 | 387.97 million current US$ | +0.5% |
| 2022 | 388.08 million current US$ | +0.0% |
| 2023 | 419.11 million current US$ | +8.0% |
| 2024 | 414.81 million current US$ | -1.0% |
Solomon Islands compared with similar countries
- Solomon Islands's 414.81 million current US$ is below the median for lower middle income countries, which is 2.90 billion current US$, 14% of the median. (45 countries reporting)
- Solomon Islands's 414.81 million current US$ is below the median for East Asia & Pacific, which is 3.58 billion current US$, 12% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where General government final consumption expenditure (current US$) in Solomon Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +99.3% | 97.40 million current US$ | 194.15 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 181.12 million current US$ | 69.89 million current US$ | 246.39 million current US$ | 7 |
| 2010s | 369.77 million current US$ | 261.28 million current US$ | 447.31 million current US$ | 10 |
| 2020s | 399.18 million current US$ | 385.91 million current US$ | 419.11 million current US$ | 5 |
Countries ranked near Solomon Islands
- 170 Belize 510.74 million current US$ compare
- 171 Sierra Leone 443.90 million current US$ compare
- 172 Curacao 441.06 million current US$ compare
- 174 Guinea-Bissau 391.44 million current US$ compare
- 175 Central African Republic 316.24 million current US$ compare
- 176 San Marino 286.84 million current US$ compare
More economy & growth data for Solomon Islands
- Real gdp growth, annual growth rate 5.53 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate -99.65 % change on previous year (2024)
- SDRs holdings, US dollar, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 7.33 units per person (2025)
- SDRs holdings, SDR, annual growth rate -99.64 % change on previous year (2024)
- SDRs holdings, SDR, per unit of GDP 0.0026 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 5.36 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -12.23 % change on previous year (2025)
Frequently asked questions
- What is general government final consumption expenditure in Solomon Islands?
- General government final consumption expenditure in Solomon Islands was 414.81 million current US$ 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 447.31 million current US$ in 2019.
- What is the lowest general government final consumption expenditure recorded in Solomon Islands?
- The lowest recorded value was 69.89 million current US$ in 2003.
- How does Solomon Islands rank for general government final consumption expenditure?
- Solomon Islands ranks 173rd out of 187 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 1.8%. 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 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. 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 indicator is expressed in United States dollars.