Households and NPISHs Final consumption expenditure (constant LCU) in Solomon Islands
Solomon Islands: Households and NPISHs Final consumption expenditure (constant LCU) was 8.19 % change on previous year in 2024. ◆ Volatile
Households and NPISHs Final consumption expenditure (constant LCU) in Solomon Islands, 2004–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for households and npishs final consumption expenditure (constant lcu) in Solomon Islands is 8.19 % change on previous year, measured in 2024.
Compared with earlier readings it is down 29.6% on the previous year and up 156.2% over ten years.
Over the whole period, households and npishs final consumption expenditure (constant lcu) in Solomon Islands peaked at 11.63 % change on previous year in 2023 and was at its lowest, -14.06 % change on previous year, in 2020.
Solomon Islands ranks 18th of 177 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Households and NPISHs Final consumption expenditure (constant LCU) in Solomon Islands, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2004 | 5.75 % change on previous year | — |
| 2005 | 8.96 % change on previous year | +55.8% |
| 2006 | 4.08 % change on previous year | -54.4% |
| 2007 | 7.68 % change on previous year | +88.1% |
| 2008 | 4.1 % change on previous year | -46.7% |
| 2009 | -1.36 % change on previous year | -133.2% |
| 2010 | 8.43 % change on previous year | -719.1% |
| 2011 | 4.08 % change on previous year | -51.6% |
| 2012 | 3.04 % change on previous year | -25.6% |
| 2013 | 2.95 % change on previous year | -2.9% |
| 2014 | 3.2 % change on previous year | +8.3% |
| 2015 | 2.42 % change on previous year | -24.2% |
| 2016 | 3.41 % change on previous year | +41.0% |
| 2017 | 0.0878 % change on previous year | -97.4% |
| 2018 | 7.42 % change on previous year | +8349.1% |
| 2019 | 2.24 % change on previous year | -69.8% |
| 2020 | -14.06 % change on previous year | -726.3% |
| 2021 | 11.58 % change on previous year | -182.4% |
| 2022 | 8.2 % change on previous year | -29.2% |
| 2023 | 11.63 % change on previous year | +41.8% |
| 2024 | 8.19 % change on previous year | -29.6% |
Solomon Islands compared with similar countries
- Solomon Islands's 8.19 % change on previous year is above the median for lower middle income countries, which is 4.63 % change on previous year, 1.8× the median. (44 countries reporting)
- Solomon Islands's 8.19 % change on previous year is above the median for East Asia & Pacific, which is 3.88 % change on previous year, 2.1× the median. (29 countries reporting)
Biggest year-on-year movements
Years where Households and NPISHs Final consumption expenditure (constant LCU) 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 |
|---|---|---|---|
| 2018 | +8349.1% | 0.0878 % change on previous year | 7.42 % change on previous year |
| 2010 | +719.1% | -1.36 % change on previous year | 8.43 % change on previous year |
| 2020 | -726.3% | 2.24 % change on previous year | -14.06 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.87 % change on previous year | -1.36 % change on previous year | 8.96 % change on previous year | 6 |
| 2010s | 3.73 % change on previous year | 0.0878 % change on previous year | 8.43 % change on previous year | 10 |
| 2020s | 5.11 % change on previous year | -14.06 % change on previous year | 11.63 % change on previous year | 5 |
Countries ranked near Solomon Islands
- 15 Sao Tome and Principe 8.66 % change on previous year compare
- 16 Georgia 8.63 % change on previous year compare
- 17 San Marino 8.26 % change on previous year compare
- 19 Argentina 7.87 % change on previous year compare
- 20 India 7.67 % change on previous year compare
- 21 Uganda 7.62 % 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)
- 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 households and npishs final consumption expenditure (constant lcu) in Solomon Islands?
- Households and npishs final consumption expenditure (constant lcu) in Solomon Islands was 8.19 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest households and npishs final consumption expenditure (constant lcu) recorded in Solomon Islands?
- The highest recorded value was 11.63 % change on previous year in 2023.
- What is the lowest households and npishs final consumption expenditure (constant lcu) recorded in Solomon Islands?
- The lowest recorded value was -14.06 % change on previous year in 2020.
- How does Solomon Islands rank for households and npishs final consumption expenditure (constant lcu)?
- Solomon Islands ranks 18th out of 177 countries with data for 2024.
- Is households and npishs final consumption expenditure (constant lcu) rising or falling in Solomon Islands?
- Over the last ten years it is up 156.2%. 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 Households and NPISHs Final consumption expenditure (constant LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Households and NPISHs Final consumption expenditure (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Households and NPISHs Final consumption 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 Households and NPISHs Final consumption expenditure (constant LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.