Households and NPISHs Final consumption expenditure (constant LCU) in Solomon Islands
Solomon Islands: Households and NPISHs Final consumption expenditure (constant LCU) was 10,358 constant LCU per person in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure (constant LCU) in Solomon Islands, 2003–2024
Source: Statizoid (derived). Measured in constant LCU per person.
Analysis
Solomon Islands recorded 10,358 constant LCU per person for households and npishs final consumption expenditure (constant lcu) in 2024. That is the highest value across all 22 years on record.
The figure is up 5.7% on the previous year and up 9.9% over ten years.
Over the whole period, households and npishs final consumption expenditure (constant lcu) in Solomon Islands peaked at 10,358 constant LCU per person in 2024 and was at its lowest, 7,616 constant LCU per person, in 2003.
That places Solomon Islands 145th out of 179 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 22 years of available data.
Households and NPISHs Final consumption expenditure (constant LCU) in Solomon Islands, year by year
| Year | constant LCU per person | Change |
|---|---|---|
| 2003 | 7,616 constant LCU per person | — |
| 2004 | 7,911 constant LCU per person | +3.9% |
| 2005 | 8,468 constant LCU per person | +7.0% |
| 2006 | 8,661 constant LCU per person | +2.3% |
| 2007 | 9,167 constant LCU per person | +5.8% |
| 2008 | 9,380 constant LCU per person | +2.3% |
| 2009 | 9,086 constant LCU per person | -3.1% |
| 2010 | 9,577 constant LCU per person | +5.4% |
| 2011 | 9,608 constant LCU per person | +0.3% |
| 2012 | 9,543 constant LCU per person | -0.7% |
| 2013 | 9,472 constant LCU per person | -0.7% |
| 2014 | 9,427 constant LCU per person | -0.5% |
| 2015 | 9,316 constant LCU per person | -1.2% |
| 2016 | 9,300 constant LCU per person | -0.2% |
| 2017 | 8,992 constant LCU per person | -3.3% |
| 2018 | 9,340 constant LCU per person | +3.9% |
| 2019 | 9,300 constant LCU per person | -0.4% |
| 2020 | 7,817 constant LCU per person | -15.9% |
| 2021 | 8,515 constant LCU per person | +8.9% |
| 2022 | 8,995 constant LCU per person | +5.6% |
| 2023 | 9,804 constant LCU per person | +9.0% |
| 2024 | 10,358 constant LCU per person | +5.7% |
Solomon Islands compared with similar countries
- Solomon Islands's 10,358 constant LCU per person is below the median for lower middle income countries, which is 96,801 constant LCU per person, 11% of the median. (44 countries reporting)
- Solomon Islands's 10,358 constant LCU per person is below the median for East Asia & Pacific, which is 37,069 constant LCU per person, 28% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 8,613 constant LCU per person | 7,616 constant LCU per person | 9,380 constant LCU per person | 7 |
| 2010s | 9,388 constant LCU per person | 8,992 constant LCU per person | 9,608 constant LCU per person | 10 |
| 2020s | 9,098 constant LCU per person | 7,817 constant LCU per person | 10,358 constant LCU per person | 5 |
Countries ranked near Solomon Islands
- 142 Palau 10,882 constant LCU per person compare
- 143 Croatia 10,455 constant LCU per person compare
- 144 Eritrea 10,395 constant LCU per person compare
- 146 American Samoa 10,302 constant LCU per person compare
- 147 Tonga 10,062 constant LCU per person compare
- 148 Bosnia and Herzegovina 10,028 constant LCU per person 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 10,358 constant LCU per person 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 10,358 constant LCU per person in 2024.
- What is the lowest households and npishs final consumption expenditure (constant lcu) recorded in Solomon Islands?
- The lowest recorded value was 7,616 constant LCU per person in 2003.
- How does Solomon Islands rank for households and npishs final consumption expenditure (constant lcu)?
- Solomon Islands ranks 145th out of 179 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 9.9%. The long-run trend across the full record is rising.
- 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), per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Households and NPISHs Final consumption expenditure (constant LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Households and NPISHs Final consumption expenditure (constant LCU) ÷ Population, total
Computed from
- Households and NPISHs Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- Population, total World Population Prospects, United Nations (UN)
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
Households and NPISHs Final consumption expenditure (constant LCU) divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.