Households and NPISHs Final consumption expenditure (current US$) (US) in Solomon Islands
Solomon Islands: Households and NPISHs Final consumption expenditure (current US$) (US) was 1.30 billion current US$ 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 US$.
Analysis
The most recent figure for households and npishs final consumption expenditure in Solomon Islands is 1.30 billion current US$, measured in 2024. That is the highest value across all 22 years on record.
The figure is up 11.8% on the previous year and up 52.1% over ten years.
Over the whole period, households and npishs final consumption expenditure in Solomon Islands peaked at 1.30 billion current US$ in 2024 and was at its lowest, 279.18 million current US$, in 2003.
Solomon Islands ranks 177th of 190 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 22 years of available data.
Households and NPISHs Final consumption expenditure (current US$) (US) in Solomon Islands, year by year
| Year | current US$ | Change |
|---|---|---|
| 2003 | 279.18 million current US$ | — |
| 2004 | 318.93 million current US$ | +14.2% |
| 2005 | 350.47 million current US$ | +9.9% |
| 2006 | 391.26 million current US$ | +11.6% |
| 2007 | 429.73 million current US$ | +9.8% |
| 2008 | 502.63 million current US$ | +17.0% |
| 2009 | 514.90 million current US$ | +2.4% |
| 2010 | 579.02 million current US$ | +12.5% |
| 2011 | 659.79 million current US$ | +13.9% |
| 2012 | 744.26 million current US$ | +12.8% |
| 2013 | 795.06 million current US$ | +6.8% |
| 2014 | 853.09 million current US$ | +7.3% |
| 2015 | 829.86 million current US$ | -2.7% |
| 2016 | 865.99 million current US$ | +4.4% |
| 2017 | 888.17 million current US$ | +2.6% |
| 2018 | 957.87 million current US$ | +7.8% |
| 2019 | 966.91 million current US$ | +0.9% |
| 2020 | 966.42 million current US$ | -0.1% |
| 2021 | 1.00 billion current US$ | +3.8% |
| 2022 | 1.04 billion current US$ | +3.5% |
| 2023 | 1.16 billion current US$ | +11.7% |
| 2024 | 1.30 billion current US$ | +11.8% |
Solomon Islands compared with similar countries
- Solomon Islands's 1.30 billion current US$ is below the median for lower middle income countries, which is 19.03 billion current US$, 7% of the median. (45 countries reporting)
- Solomon Islands's 1.30 billion current US$ is below the median for East Asia & Pacific, which is 8.03 billion current US$, 16% of the median. (32 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 398.16 million current US$ | 279.18 million current US$ | 514.90 million current US$ | 7 |
| 2010s | 814.00 million current US$ | 579.02 million current US$ | 966.91 million current US$ | 10 |
| 2020s | 1.09 billion current US$ | 966.42 million current US$ | 1.30 billion current US$ | 5 |
Countries ranked near Solomon Islands
- 174 Faroe Islands 1.65 billion current US$ compare
- 175 Suriname 1.57 billion current US$ compare
- 176 East Timor 1.56 billion current US$ compare
- 178 Greenland 1.08 billion current US$ compare
- 179 Sao Tome and Principe 991.15 million current US$ compare
- 180 Vanuatu 975.59 million current US$ 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)
- 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 1.30 billion current US$ 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 1.30 billion current US$ in 2024.
- What is the lowest households and npishs final consumption expenditure recorded in Solomon Islands?
- The lowest recorded value was 279.18 million current US$ in 2003.
- How does Solomon Islands rank for households and npishs final consumption expenditure?
- Solomon Islands ranks 177th 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 52.1%. 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 US$). 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 indicator is expressed in United States dollars.