Gross national expenditure in Solomon Islands
Solomon Islands: Gross national expenditure was 2.02 billion current US$ in 2024. ◆ Volatile
Gross national expenditure in Solomon Islands, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Solomon Islands recorded 2.02 billion current US$ for gross national expenditure in 2024. That is the highest value across all 45 years on record.
That represents a change of up 6.4% on the previous year and up 41.4% over ten years.
Over the whole period, gross national expenditure in Solomon Islands peaked at 2.02 billion current US$ in 2024 and was at its lowest, 232.62 million current US$, in 1987.
That places Solomon Islands 177th out of 186 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross national expenditure in Solomon Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 1980 | 424.19 million current US$ | — |
| 1981 | 450.49 million current US$ | +6.2% |
| 1982 | 447.94 million current US$ | -0.6% |
| 1983 | 421.40 million current US$ | -5.9% |
| 1984 | 421.60 million current US$ | +0.0% |
| 1985 | 384.94 million current US$ | -8.7% |
| 1986 | 273.33 million current US$ | -29.0% |
| 1987 | 232.62 million current US$ | -14.9% |
| 1988 | 368.30 million current US$ | +58.3% |
| 1989 | 330.97 million current US$ | -10.1% |
| 1990 | 338.90 million current US$ | +2.4% |
| 1991 | 380.88 million current US$ | +12.4% |
| 1992 | 367.47 million current US$ | -3.5% |
| 1993 | 449.22 million current US$ | +22.2% |
| 1994 | 537.77 million current US$ | +19.7% |
| 1995 | 559.32 million current US$ | +4.0% |
| 1996 | 629.49 million current US$ | +12.5% |
| 1997 | 627.67 million current US$ | -0.3% |
| 1998 | 480.93 million current US$ | -23.4% |
| 1999 | 489.65 million current US$ | +1.8% |
| 2000 | 482.81 million current US$ | -1.4% |
| 2001 | 532.40 million current US$ | +10.3% |
| 2002 | 383.33 million current US$ | -28.0% |
| 2003 | 386.81 million current US$ | +0.9% |
| 2004 | 462.76 million current US$ | +19.6% |
| 2005 | 614.29 million current US$ | +32.7% |
| 2006 | 669.23 million current US$ | +8.9% |
| 2007 | 738.50 million current US$ | +10.4% |
| 2008 | 842.70 million current US$ | +14.1% |
| 2009 | 864.33 million current US$ | +2.6% |
| 2010 | 1.02 billion current US$ | +18.4% |
| 2011 | 1.08 billion current US$ | +5.6% |
| 2012 | 1.22 billion current US$ | +12.8% |
| 2013 | 1.38 billion current US$ | +12.9% |
| 2014 | 1.43 billion current US$ | +3.9% |
| 2015 | 1.43 billion current US$ | -0.3% |
| 2016 | 1.50 billion current US$ | +5.6% |
| 2017 | 1.56 billion current US$ | +3.5% |
| 2018 | 1.70 billion current US$ | +9.2% |
| 2019 | 1.78 billion current US$ | +4.8% |
| 2020 | 1.61 billion current US$ | -9.7% |
| 2021 | 1.74 billion current US$ | +8.2% |
| 2022 | 1.73 billion current US$ | -0.5% |
| 2023 | 1.90 billion current US$ | +9.6% |
| 2024 | 2.02 billion current US$ | +6.4% |
Solomon Islands compared with similar countries
- Solomon Islands's 2.02 billion current US$ is below the median for lower middle income countries, which is 34.26 billion current US$, 6% of the median. (45 countries reporting)
- Solomon Islands's 2.02 billion current US$ is below the median for East Asia & Pacific, which is 24.74 billion current US$, 8% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where Gross national expenditure in Solomon Islands changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | +58.3% | 232.62 million current US$ | 368.30 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 375.58 million current US$ | 232.62 million current US$ | 450.49 million current US$ | 10 |
| 1990s | 486.13 million current US$ | 338.90 million current US$ | 629.49 million current US$ | 10 |
| 2000s | 597.72 million current US$ | 383.33 million current US$ | 864.33 million current US$ | 10 |
| 2010s | 1.41 billion current US$ | 1.02 billion current US$ | 1.78 billion current US$ | 10 |
| 2020s | 1.80 billion current US$ | 1.61 billion current US$ | 2.02 billion current US$ | 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 52.88 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0334 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 64.55 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 32.97 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -58.21 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0208 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 40.24 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -0.3505 % change on previous year (2024)
Frequently asked questions
- What is gross national expenditure in Solomon Islands?
- Gross national expenditure in Solomon Islands was 2.02 billion current US$ 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 2.02 billion current US$ in 2024.
- What is the lowest gross national expenditure recorded in Solomon Islands?
- The lowest recorded value was 232.62 million current US$ in 1987.
- How does Solomon Islands rank for gross national expenditure?
- Solomon Islands ranks 177th out of 186 countries with data for 2024.
- Is gross national expenditure rising or falling in Solomon Islands?
- Over the last ten years it is up 41.4%. The long-run trend across the full record is volatile.
- 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 (current US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.