Households and NPISHs Final consumption expenditure (constant LCU) in Solomon Islands
Solomon Islands: Households and NPISHs Final consumption expenditure (constant LCU) was 5.36 constant LCU per US$ of GDP in 2024. ▼ Falling
Households and NPISHs Final consumption expenditure (constant LCU) in Solomon Islands, 2003–2024
Source: Statizoid (derived). Measured in constant LCU per US$ of GDP.
Analysis
In 2024, households and npishs final consumption expenditure (constant lcu) in Solomon Islands stood at 5.36 constant LCU per US$ of GDP.
Compared with earlier readings it is up 2.9% on the previous year and up 23.0% over ten years.
Over the whole period, households and npishs final consumption expenditure (constant lcu) in Solomon Islands peaked at 8.5 constant LCU per US$ of GDP in 2003 and was at its lowest, 3.79 constant LCU per US$ of GDP, in 2020.
Solomon Islands ranks 88th of 179 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling 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 US$ of GDP | Change |
|---|---|---|
| 2003 | 8.5 constant LCU per US$ of GDP | — |
| 2004 | 8.02 constant LCU per US$ of GDP | -5.6% |
| 2005 | 7.4 constant LCU per US$ of GDP | -7.8% |
| 2006 | 6.9 constant LCU per US$ of GDP | -6.8% |
| 2007 | 6.59 constant LCU per US$ of GDP | -4.4% |
| 2008 | 6.15 constant LCU per US$ of GDP | -6.8% |
| 2009 | 5.84 constant LCU per US$ of GDP | -4.9% |
| 2010 | 5.68 constant LCU per US$ of GDP | -2.7% |
| 2011 | 4.99 constant LCU per US$ of GDP | -12.1% |
| 2012 | 4.62 constant LCU per US$ of GDP | -7.5% |
| 2013 | 4.38 constant LCU per US$ of GDP | -5.1% |
| 2014 | 4.35 constant LCU per US$ of GDP | -0.6% |
| 2015 | 4.55 constant LCU per US$ of GDP | +4.6% |
| 2016 | 4.47 constant LCU per US$ of GDP | -2.0% |
| 2017 | 4.19 constant LCU per US$ of GDP | -6.1% |
| 2018 | 4.1 constant LCU per US$ of GDP | -2.3% |
| 2019 | 4.18 constant LCU per US$ of GDP | +2.0% |
| 2020 | 3.79 constant LCU per US$ of GDP | -9.4% |
| 2021 | 4.17 constant LCU per US$ of GDP | +10.0% |
| 2022 | 4.79 constant LCU per US$ of GDP | +15.0% |
| 2023 | 5.21 constant LCU per US$ of GDP | +8.7% |
| 2024 | 5.36 constant LCU per US$ of GDP | +2.9% |
Solomon Islands compared with similar countries
- Solomon Islands's 5.36 constant LCU per US$ of GDP is below the median for lower middle income countries, which is 36.77 constant LCU per US$ of GDP, 15% of the median. (44 countries reporting)
- Solomon Islands's 5.36 constant LCU per US$ of GDP is above the median for East Asia & Pacific, which is 2.23 constant LCU per US$ of GDP, 2.4× the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7.06 constant LCU per US$ of GDP | 5.84 constant LCU per US$ of GDP | 8.5 constant LCU per US$ of GDP | 7 |
| 2010s | 4.55 constant LCU per US$ of GDP | 4.1 constant LCU per US$ of GDP | 5.68 constant LCU per US$ of GDP | 10 |
| 2020s | 4.66 constant LCU per US$ of GDP | 3.79 constant LCU per US$ of GDP | 5.36 constant LCU per US$ of GDP | 5 |
Countries ranked near Solomon Islands
- 85 Sierra Leone 6.58 constant LCU per US$ of GDP compare
- 86 Sao Tome and Principe 5.87 constant LCU per US$ of GDP compare
- 87 Honduras 5.53 constant LCU per US$ of GDP compare
- 89 Hong Kong 4.96 constant LCU per US$ of GDP compare
- 90 Guatemala 4.76 constant LCU per US$ of GDP compare
- 91 Syria 4.66 constant LCU per US$ of GDP 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$), annual growth rate -0.3505 % change on previous year (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure (constant lcu) in Solomon Islands?
- Households and npishs final consumption expenditure (constant lcu) in Solomon Islands was 5.36 constant LCU per US$ of GDP 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 8.5 constant LCU per US$ of GDP in 2003.
- What is the lowest households and npishs final consumption expenditure (constant lcu) recorded in Solomon Islands?
- The lowest recorded value was 3.79 constant LCU per US$ of GDP in 2020.
- How does Solomon Islands rank for households and npishs final consumption expenditure (constant lcu)?
- Solomon Islands ranks 88th 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 23.0%. The long-run trend across the full record is falling.
- 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 unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Households and NPISHs Final consumption expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Households and NPISHs Final consumption expenditure (constant LCU) ÷ GDP (current US$)
Computed from
- Households and NPISHs Final consumption expenditure Country official statistics, National Statistical Organizations and/or Central Banks
- GDP 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
Households and NPISHs Final consumption expenditure (constant LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.