Gross national expenditure (constant 2015 US$), annual growth rate in Solomon Islands
Solomon Islands: Gross national expenditure (constant 2015 US$), annual growth rate was 6.71 % change on previous year in 2024. ◆ Volatile
Gross national expenditure (constant 2015 US$), annual growth rate in Solomon Islands, 1981–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross national expenditure (constant 2015 us$), annual growth rate in Solomon Islands stood at 6.71 % change on previous year.
Compared with earlier readings it is down 34.5% on the previous year and up 270.4% over ten years.
Over the whole period, gross national expenditure (constant 2015 us$), annual growth rate in Solomon Islands peaked at 45.12 % change on previous year in 1988 and was at its lowest, -23.5 % change on previous year, in 1998.
Solomon Islands ranks 35th of 163 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure (constant 2015 US$), annual growth rate in Solomon Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1981 | -1.79 % change on previous year | — |
| 1982 | -1.67 % change on previous year | -7.0% |
| 1983 | 3.89 % change on previous year | -333.1% |
| 1984 | 0.1734 % change on previous year | -95.5% |
| 1985 | -3.13 % change on previous year | -1906.5% |
| 1986 | -22.4 % change on previous year | +615.3% |
| 1987 | -14.38 % change on previous year | -35.8% |
| 1988 | 45.12 % change on previous year | -413.8% |
| 1989 | -5.3 % change on previous year | -111.8% |
| 1990 | 3.63 % change on previous year | -168.5% |
| 1991 | -11.88 % change on previous year | -427.2% |
| 1992 | -6.73 % change on previous year | -43.3% |
| 1993 | 24.73 % change on previous year | -467.4% |
| 1994 | 12.7 % change on previous year | -48.6% |
| 1995 | 0.5931 % change on previous year | -95.3% |
| 1996 | -16.46 % change on previous year | -2874.5% |
| 1997 | 0.4069 % change on previous year | -102.5% |
| 1998 | -23.5 % change on previous year | -5874.1% |
| 1999 | -1.56 % change on previous year | -93.3% |
| 2000 | -9.78 % change on previous year | +525.2% |
| 2001 | -4.94 % change on previous year | -49.5% |
| 2002 | -9.23 % change on previous year | +86.7% |
| 2003 | -9.02 % change on previous year | -2.2% |
| 2004 | 12.91 % change on previous year | -243.0% |
| 2005 | 34.45 % change on previous year | +166.9% |
| 2006 | 2.34 % change on previous year | -93.2% |
| 2007 | 5.35 % change on previous year | +128.4% |
| 2008 | 2.1 % change on previous year | -60.7% |
| 2009 | -1.2 % change on previous year | -157.0% |
| 2010 | 20.72 % change on previous year | -1829.5% |
| 2011 | -12.53 % change on previous year | -160.5% |
| 2012 | -1.31 % change on previous year | -89.6% |
| 2013 | 7.95 % change on previous year | -707.4% |
| 2014 | 1.81 % change on previous year | -77.2% |
| 2015 | 5.65 % change on previous year | +211.9% |
| 2016 | 3.85 % change on previous year | -31.8% |
| 2017 | 1.5 % change on previous year | -61.0% |
| 2018 | 9.15 % change on previous year | +509.4% |
| 2019 | 6.6 % change on previous year | -27.9% |
| 2020 | -13.69 % change on previous year | -307.4% |
| 2021 | 11.29 % change on previous year | -182.4% |
| 2022 | 1.3 % change on previous year | -88.5% |
| 2023 | 10.24 % change on previous year | +686.4% |
| 2024 | 6.71 % change on previous year | -34.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0561 % change on previous year | -22.4 % change on previous year | 45.12 % change on previous year | 9 |
| 1990s | -1.81 % change on previous year | -23.5 % change on previous year | 24.73 % change on previous year | 10 |
| 2000s | 2.3 % change on previous year | -9.78 % change on previous year | 34.45 % change on previous year | 10 |
| 2010s | 4.34 % change on previous year | -12.53 % change on previous year | 20.72 % change on previous year | 10 |
| 2020s | 3.17 % change on previous year | -13.69 % change on previous year | 11.29 % change on previous year | 5 |
Countries ranked near Solomon Islands
- 32 Tanzania, United Republic of 6.94 % change on previous year compare
- 33 Cameroon 6.76 % change on previous year compare
- 34 Bahamas 6.73 % change on previous year compare
- 36 Latvia 6.59 % change on previous year compare
- 37 Albania 6.47 % change on previous year compare
- 38 Sri Lanka 6.39 % change on previous year 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)
- Final consumption expenditure (constant 2015 US$), per capita 2,018 constant 2015 US$ per person (2024)
- Gross national expenditure (current US$), annual growth rate 6.39 % change on previous year (2024)
- Gross national expenditure (current US$), per unit of GDP 1.28 current US$ per US$ of GDP (2024)
- Gross national expenditure (current US$), per capita 2,467 current US$ per person (2024)
- Gross national expenditure (current LCU), annual growth rate 7.4 % change on previous year (2024)
- Gross national expenditure (current LCU), per unit of GDP 10.79 current LCU per US$ of GDP (2024)
- Gross national expenditure (current LCU), per capita 20,854 current LCU per person (2024)
- Gross national expenditure (constant 2015 US$), per unit of GDP 1.26 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is gross national expenditure (constant 2015 us$), annual growth rate in Solomon Islands?
- Gross national expenditure (constant 2015 us$), annual growth rate in Solomon Islands was 6.71 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross national expenditure (constant 2015 us$), annual growth rate recorded in Solomon Islands?
- The highest recorded value was 45.12 % change on previous year in 1988.
- What is the lowest gross national expenditure (constant 2015 us$), annual growth rate recorded in Solomon Islands?
- The lowest recorded value was -23.5 % change on previous year in 1998.
- How does Solomon Islands rank for gross national expenditure (constant 2015 us$), annual growth rate?
- Solomon Islands ranks 35th out of 163 countries with data for 2024.
- Is gross national expenditure (constant 2015 us$), annual growth rate rising or falling in Solomon Islands?
- Over the last ten years it is up 270.4%. The long-run trend across the full record is volatile.
- Where does this Solomon Islands data come from?
- The figures come from Statizoid (derived), published as part of Gross national expenditure (constant 2015 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross national expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross national expenditure Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross national expenditure (constant 2015 US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.