General government final consumption expenditure in Solomon Islands
Solomon Islands: General government final consumption expenditure 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$, in 2003.
That places Solomon Islands 171st out of 185 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 22 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 181.12 million current US$ | 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
- 168 Belize 510.74 million current US$ compare
- 169 Sierra Leone 443.90 million current US$ compare
- 170 Curacao 441.06 million current US$ compare
- 172 Guinea-Bissau 391.44 million current US$ compare
- 173 Central African Republic 316.24 million current US$ compare
- 174 San Marino 286.84 million current US$ compare
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 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 171st out of 185 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.