Gross national expenditure in Solomon Islands
Solomon Islands: Gross national expenditure was 127.6% in 2024. ▼ Falling
Gross national expenditure in Solomon Islands, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, gross national expenditure in Solomon Islands stood at 127.6%.
That represents a change of up 1.2% on the previous year and up 19.2% over ten years.
Over the whole period, gross national expenditure in Solomon Islands peaked at 232.6% in 1985 and was at its lowest, 92.6%, in 2003.
Solomon Islands ranks 24th of 186 countries on this measure, in the top quarter.
The long-run direction has been consistently falling across the 45 years of available data.
Gross national expenditure in Solomon Islands, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 232.0% | — |
| 1981 | 232.5% | +0.2% |
| 1982 | 232.2% | -0.1% |
| 1983 | 232.5% | +0.1% |
| 1984 | 232.2% | -0.1% |
| 1985 | 232.6% | +0.2% |
| 1986 | 185.2% | -20.4% |
| 1987 | 150.0% | -19.0% |
| 1988 | 208.7% | +39.2% |
| 1989 | 191.4% | -8.3% |
| 1990 | 157.7% | -17.6% |
| 1991 | 167.4% | +6.1% |
| 1992 | 136.6% | -18.4% |
| 1993 | 149.4% | +9.4% |
| 1994 | 133.5% | -10.6% |
| 1995 | 119.1% | -10.7% |
| 1996 | 123.3% | +3.5% |
| 1997 | 119.2% | -3.3% |
| 1998 | 105.1% | -11.8% |
| 1999 | 100.3% | -4.5% |
| 2000 | 115.0% | +14.6% |
| 2001 | 130.0% | +13.1% |
| 2002 | 110.7% | -14.9% |
| 2003 | 92.6% | -16.3% |
| 2004 | 98.9% | +6.8% |
| 2005 | 111.1% | +12.4% |
| 2006 | 108.4% | -2.4% |
| 2007 | 106.2% | -2.0% |
| 2008 | 108.5% | +2.2% |
| 2009 | 107.3% | -1.2% |
| 2010 | 114.0% | +6.2% |
| 2011 | 101.6% | -10.9% |
| 2012 | 102.9% | +1.3% |
| 2013 | 107.0% | +4.0% |
| 2014 | 107.0% | -0.0% |
| 2015 | 109.0% | +1.8% |
| 2016 | 109.1% | +0.1% |
| 2017 | 106.0% | -2.8% |
| 2018 | 105.3% | -0.7% |
| 2019 | 110.0% | +4.5% |
| 2020 | 104.8% | -4.8% |
| 2021 | 111.8% | +6.7% |
| 2022 | 118.1% | +5.7% |
| 2023 | 126.1% | +6.7% |
| 2024 | 127.6% | +1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 212.9% | 150.0% | 232.6% | 10 |
| 1990s | 131.2% | 100.3% | 167.4% | 10 |
| 2000s | 108.9% | 92.6% | 130.0% | 10 |
| 2010s | 107.2% | 101.6% | 114.0% | 10 |
| 2020s | 117.7% | 104.8% | 127.6% | 5 |
Countries ranked near Solomon Islands
- 21 Republic of Moldova 129.2% compare
- 22 Curaçao 128.8% compare
- 23 French Polynesia 127.6% compare
- 25 Ukraine 126.5% compare
- 26 Montenegro 125.6% compare
- 27 El Salvador 124.1% 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$), annual growth rate 6.71 % change on previous year (2024)
Frequently asked questions
- What is gross national expenditure in Solomon Islands?
- Gross national expenditure in Solomon Islands was 127.6% 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 232.6% in 1985.
- What is the lowest gross national expenditure recorded in Solomon Islands?
- The lowest recorded value was 92.6% in 2003.
- How does Solomon Islands rank for gross national expenditure?
- Solomon Islands ranks 24th 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 19.2%. The long-run trend across the full record is falling.
- 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.