Gross national expenditure in Solomon Islands
Solomon Islands: Gross national expenditure was 14.59 billion constant LCU in 2024. ▲ Rising
Gross national expenditure in Solomon Islands, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
Solomon Islands recorded 14.59 billion constant LCU for gross national expenditure in 2024. That is the highest value across all 45 years on record.
Compared with earlier readings it is up 6.8% on the previous year and up 47.7% over ten years.
Over the whole period, gross national expenditure in Solomon Islands peaked at 14.59 billion constant LCU in 2024 and was at its lowest, 5.23 billion constant LCU, in 2003.
That places Solomon Islands 152nd out of 168 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 45 years of available data.
Gross national expenditure in Solomon Islands, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1980 | 11.01 billion constant LCU | — |
| 1981 | 10.82 billion constant LCU | -1.8% |
| 1982 | 10.64 billion constant LCU | -1.7% |
| 1983 | 11.05 billion constant LCU | +3.9% |
| 1984 | 11.07 billion constant LCU | +0.2% |
| 1985 | 10.72 billion constant LCU | -3.1% |
| 1986 | 8.30 billion constant LCU | -22.6% |
| 1987 | 7.06 billion constant LCU | -14.9% |
| 1988 | 10.30 billion constant LCU | +45.8% |
| 1989 | 9.73 billion constant LCU | -5.5% |
| 1990 | 10.10 billion constant LCU | +3.8% |
| 1991 | 8.90 billion constant LCU | -11.9% |
| 1992 | 8.30 billion constant LCU | -6.8% |
| 1993 | 10.35 billion constant LCU | +24.8% |
| 1994 | 11.67 billion constant LCU | +12.7% |
| 1995 | 11.75 billion constant LCU | +0.7% |
| 1996 | 9.81 billion constant LCU | -16.5% |
| 1997 | 9.85 billion constant LCU | +0.4% |
| 1998 | 7.48 billion constant LCU | -24.0% |
| 1999 | 7.40 billion constant LCU | -1.1% |
| 2000 | 6.68 billion constant LCU | -9.6% |
| 2001 | 6.35 billion constant LCU | -4.9% |
| 2002 | 5.78 billion constant LCU | -9.1% |
| 2003 | 5.23 billion constant LCU | -9.4% |
| 2004 | 5.91 billion constant LCU | +12.9% |
| 2005 | 7.92 billion constant LCU | +34.1% |
| 2006 | 8.11 billion constant LCU | +2.4% |
| 2007 | 8.53 billion constant LCU | +5.2% |
| 2008 | 8.71 billion constant LCU | +2.1% |
| 2009 | 8.61 billion constant LCU | -1.2% |
| 2010 | 10.31 billion constant LCU | +19.8% |
| 2011 | 9.09 billion constant LCU | -11.9% |
| 2012 | 8.97 billion constant LCU | -1.3% |
| 2013 | 9.70 billion constant LCU | +8.1% |
| 2014 | 9.88 billion constant LCU | +1.9% |
| 2015 | 10.42 billion constant LCU | +5.5% |
| 2016 | 10.82 billion constant LCU | +3.8% |
| 2017 | 10.96 billion constant LCU | +1.2% |
| 2018 | 11.96 billion constant LCU | +9.2% |
| 2019 | 12.73 billion constant LCU | +6.4% |
| 2020 | 10.98 billion constant LCU | -13.7% |
| 2021 | 12.19 billion constant LCU | +11.0% |
| 2022 | 12.39 billion constant LCU | +1.7% |
| 2023 | 13.67 billion constant LCU | +10.3% |
| 2024 | 14.59 billion constant LCU | +6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 10.07 billion constant LCU | 7.06 billion constant LCU | 11.07 billion constant LCU | 10 |
| 1990s | 9.56 billion constant LCU | 7.40 billion constant LCU | 11.75 billion constant LCU | 10 |
| 2000s | 7.18 billion constant LCU | 5.23 billion constant LCU | 8.71 billion constant LCU | 10 |
| 2010s | 10.48 billion constant LCU | 8.97 billion constant LCU | 12.73 billion constant LCU | 10 |
| 2020s | 12.76 billion constant LCU | 10.98 billion constant LCU | 14.59 billion constant LCU | 5 |
Countries ranked near Solomon Islands
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)
- GDP (current US$), annual growth rate 10.46 % change on previous year (2025)
- GDP (current US$), per capita 2,086 current US$ per person (2025)
- GDP (current LCU), annual growth rate 8.78 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 8.33 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 17,371 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 3.62 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8764 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 1,828 constant 2015 US$ per person (2025)
Frequently asked questions
- What is gross national expenditure in Solomon Islands?
- Gross national expenditure in Solomon Islands was 14.59 billion constant LCU 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 14.59 billion constant LCU in 2024.
- What is the lowest gross national expenditure recorded in Solomon Islands?
- The lowest recorded value was 5.23 billion constant LCU in 2003.
- How does Solomon Islands rank for gross national expenditure?
- Solomon Islands ranks 152nd out of 168 countries with data for 2024.
- Is gross national expenditure rising or falling in Solomon Islands?
- Over the last ten years it is up 47.7%. 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 Gross national expenditure (constant LCU). 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 varies by country. This series is expressed in local currency units.