Gross national expenditure (constant 2015 US$) in Solomon Islands
Solomon Islands: Gross national expenditure (constant 2015 US$) was 2.00 billion constant 2015 US$ in 2024. ▲ Rising
Latest (2024)
2.00 billion constant 2015 US$
Change on year
up 6.7%
World rank
155th
of 163 countries
All-time high
2.00 billion constant 2015 US$
in 2024
All-time low
713.36 million constant 2015 US$
in 2003
Years of data
45
1980–2024
Gross national expenditure in Solomon Islands, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
The most recent figure for gross national expenditure in Solomon Islands is 2.00 billion constant 2015 US$, measured in 2024. That is the highest value across all 45 years on record.
The figure is up 6.7% on the previous year and up 48.3% over ten years.
Over the whole period, gross national expenditure in Solomon Islands peaked at 2.00 billion constant 2015 US$ in 2024 and was at its lowest, 713.36 million constant 2015 US$, in 2003.
Solomon Islands ranks 155th of 163 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 45 years of available data.
Gross national expenditure (constant 2015 US$) in Solomon Islands, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 1980 | 1.49 billion constant 2015 US$ | — |
| 1981 | 1.46 billion constant 2015 US$ | -1.8% |
| 1982 | 1.44 billion constant 2015 US$ | -1.7% |
| 1983 | 1.49 billion constant 2015 US$ | +3.9% |
| 1984 | 1.50 billion constant 2015 US$ | +0.2% |
| 1985 | 1.45 billion constant 2015 US$ | -3.1% |
| 1986 | 1.13 billion constant 2015 US$ | -22.4% |
| 1987 | 963.28 million constant 2015 US$ | -14.4% |
| 1988 | 1.40 billion constant 2015 US$ | +45.1% |
| 1989 | 1.32 billion constant 2015 US$ | -5.3% |
| 1990 | 1.37 billion constant 2015 US$ | +3.6% |
| 1991 | 1.21 billion constant 2015 US$ | -11.9% |
| 1992 | 1.13 billion constant 2015 US$ | -6.7% |
| 1993 | 1.41 billion constant 2015 US$ | +24.7% |
| 1994 | 1.58 billion constant 2015 US$ | +12.7% |
| 1995 | 1.59 billion constant 2015 US$ | +0.6% |
| 1996 | 1.33 billion constant 2015 US$ | -16.5% |
| 1997 | 1.34 billion constant 2015 US$ | +0.4% |
| 1998 | 1.02 billion constant 2015 US$ | -23.5% |
| 1999 | 1.01 billion constant 2015 US$ | -1.6% |
| 2000 | 908.70 million constant 2015 US$ | -9.8% |
| 2001 | 863.80 million constant 2015 US$ | -4.9% |
| 2002 | 784.11 million constant 2015 US$ | -9.2% |
| 2003 | 713.36 million constant 2015 US$ | -9.0% |
| 2004 | 805.43 million constant 2015 US$ | +12.9% |
| 2005 | 1.08 billion constant 2015 US$ | +34.4% |
| 2006 | 1.11 billion constant 2015 US$ | +2.3% |
| 2007 | 1.17 billion constant 2015 US$ | +5.3% |
| 2008 | 1.19 billion constant 2015 US$ | +2.1% |
| 2009 | 1.18 billion constant 2015 US$ | -1.2% |
| 2010 | 1.42 billion constant 2015 US$ | +20.7% |
| 2011 | 1.24 billion constant 2015 US$ | -12.5% |
| 2012 | 1.23 billion constant 2015 US$ | -1.3% |
| 2013 | 1.32 billion constant 2015 US$ | +7.9% |
| 2014 | 1.35 billion constant 2015 US$ | +1.8% |
| 2015 | 1.43 billion constant 2015 US$ | +5.6% |
| 2016 | 1.48 billion constant 2015 US$ | +3.8% |
| 2017 | 1.50 billion constant 2015 US$ | +1.5% |
| 2018 | 1.64 billion constant 2015 US$ | +9.2% |
| 2019 | 1.75 billion constant 2015 US$ | +6.6% |
| 2020 | 1.51 billion constant 2015 US$ | -13.7% |
| 2021 | 1.68 billion constant 2015 US$ | +11.3% |
| 2022 | 1.70 billion constant 2015 US$ | +1.3% |
| 2023 | 1.87 billion constant 2015 US$ | +10.2% |
| 2024 | 2.00 billion constant 2015 US$ | +6.7% |
Solomon Islands compared with similar countries
- Solomon Islands's 2.00 billion constant 2015 US$ is below the median for lower middle income countries, which is 21.15 billion constant 2015 US$, 9% of the median. (42 countries reporting)
- Solomon Islands's 2.00 billion constant 2015 US$ is below the median for East Asia & Pacific, which is 24.21 billion constant 2015 US$, 8% of the median. (22 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.36 billion constant 2015 US$ | 963.28 million constant 2015 US$ | 1.50 billion constant 2015 US$ | 10 |
| 1990s | 1.30 billion constant 2015 US$ | 1.01 billion constant 2015 US$ | 1.59 billion constant 2015 US$ | 10 |
| 2000s | 980.38 million constant 2015 US$ | 713.36 million constant 2015 US$ | 1.19 billion constant 2015 US$ | 10 |
| 2010s | 1.44 billion constant 2015 US$ | 1.23 billion constant 2015 US$ | 1.75 billion constant 2015 US$ | 10 |
| 2020s | 1.75 billion constant 2015 US$ | 1.51 billion constant 2015 US$ | 2.00 billion constant 2015 US$ | 5 |
Countries ranked near Solomon Islands
- 152 Seychelles 2.44 billion constant 2015 US$ compare
- 153 Vanuatu 2.40 billion constant 2015 US$ compare
- 154 Guinea-Bissau 2.06 billion constant 2015 US$ compare
- 156 Comoros 1.56 billion constant 2015 US$ compare
- 157 Samoa 1.29 billion constant 2015 US$ compare
- 158 San Marino 1.19 billion constant 2015 US$ 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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0138 units per US$ of GDP (2025)
Frequently asked questions
- What is gross national expenditure in Solomon Islands?
- Gross national expenditure in Solomon Islands was 2.00 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross national expenditure recorded in Solomon Islands?
- The highest recorded value was 2.00 billion constant 2015 US$ in 2024.
- What is the lowest gross national expenditure recorded in Solomon Islands?
- The lowest recorded value was 713.36 million constant 2015 US$ in 2003.
- How does Solomon Islands rank for gross national expenditure?
- Solomon Islands ranks 155th out of 163 countries with data for 2024.
- Is gross national expenditure rising or falling in Solomon Islands?
- Over the last ten years it is up 48.3%. 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 Gross national expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross 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 is 2015. This indicator is expressed in United States dollars.