Households and NPISHs Final consumption expenditure (current LCU) in Solomon Islands
Solomon Islands: Households and NPISHs Final consumption expenditure (current LCU) was 10.97 billion current LCU in 2024. ▲ Rising
Households and NPISHs Final consumption expenditure in Solomon Islands, 2003–2024
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
In 2024, households and npishs final consumption expenditure in Solomon Islands stood at 10.97 billion current LCU. That is the highest value across all 22 years on record.
That represents a change of up 12.9% on the previous year and up 74.4% over ten years.
Over the whole period, households and npishs final consumption expenditure in Solomon Islands peaked at 10.97 billion current LCU in 2024 and was at its lowest, 2.10 billion current LCU, in 2003.
That places Solomon Islands 162nd out of 190 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 (current LCU) in Solomon Islands, year by year
| Year | current LCU | Change |
|---|---|---|
| 2003 | 2.10 billion current LCU | — |
| 2004 | 2.39 billion current LCU | +13.9% |
| 2005 | 2.64 billion current LCU | +10.6% |
| 2006 | 2.98 billion current LCU | +12.8% |
| 2007 | 3.29 billion current LCU | +10.4% |
| 2008 | 3.89 billion current LCU | +18.4% |
| 2009 | 4.15 billion current LCU | +6.5% |
| 2010 | 4.67 billion current LCU | +12.6% |
| 2011 | 5.04 billion current LCU | +8.0% |
| 2012 | 5.47 billion current LCU | +8.6% |
| 2013 | 5.81 billion current LCU | +6.1% |
| 2014 | 6.29 billion current LCU | +8.4% |
| 2015 | 6.57 billion current LCU | +4.4% |
| 2016 | 6.88 billion current LCU | +4.8% |
| 2017 | 7.01 billion current LCU | +1.8% |
| 2018 | 7.62 billion current LCU | +8.7% |
| 2019 | 7.90 billion current LCU | +3.7% |
| 2020 | 7.94 billion current LCU | +0.4% |
| 2021 | 8.06 billion current LCU | +1.5% |
| 2022 | 8.47 billion current LCU | +5.1% |
| 2023 | 9.72 billion current LCU | +14.7% |
| 2024 | 10.97 billion current LCU | +12.9% |
Solomon Islands compared with similar countries
- Solomon Islands's 10.97 billion current LCU is below the median for lower middle income countries, which is 981.44 billion current LCU, 1% of the median. (45 countries reporting)
- Solomon Islands's 10.97 billion current LCU is below the median for East Asia & Pacific, which is 245.78 billion current LCU, 4% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.06 billion current LCU | 2.10 billion current LCU | 4.15 billion current LCU | 7 |
| 2010s | 6.33 billion current LCU | 4.67 billion current LCU | 7.90 billion current LCU | 10 |
| 2020s | 9.03 billion current LCU | 7.94 billion current LCU | 10.97 billion current LCU | 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)
- SDRs holdings, US dollar, annual growth rate -99.65 % change on previous year (2024)
- SDRs holdings, US dollar, per unit of GDP 0.0035 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 7.33 units per person (2025)
- SDRs holdings, SDR, annual growth rate -99.64 % change on previous year (2024)
- SDRs holdings, SDR, per unit of GDP 0.0026 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 5.36 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -12.23 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0138 units per US$ of GDP (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure in Solomon Islands?
- Households and npishs final consumption expenditure in Solomon Islands was 10.97 billion current LCU in 2024, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest households and npishs final consumption expenditure recorded in Solomon Islands?
- The highest recorded value was 10.97 billion current LCU in 2024.
- What is the lowest households and npishs final consumption expenditure recorded in Solomon Islands?
- The lowest recorded value was 2.10 billion current LCU in 2003.
- How does Solomon Islands rank for households and npishs final consumption expenditure?
- Solomon Islands ranks 162nd out of 190 countries with data for 2024.
- Is households and npishs final consumption expenditure rising or falling in Solomon Islands?
- Over the last ten years it is up 74.4%. The long-run trend across the full record is rising.
- Where does this Solomon Islands data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Households and NPISHs Final consumption expenditure (current LCU). Statizoid updates them automatically from the source API.
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About this data
This field includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.