Households and NPISHs final consumption expenditure: linked series in Solomon Islands
Solomon Islands: Households and NPISHs final consumption expenditure: linked series was 10.97 billion current LCU in 2024. ▲ Rising
Households and NPISHs final consumption expenditure: linked series in Solomon Islands, 2003–2024
Source: Staff estimates, World Bank (WB). Measured in current LCU.
Analysis
Solomon Islands recorded 10.97 billion current LCU for households and npishs final consumption expenditure: linked series in 2024. 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: linked series 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 187 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: linked series 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% |
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
- 159 Turkmenistan 15.11 billion current LCU compare
- 160 Jordan 11.90 billion current LCU compare
- 161 Faroe Islands 11.35 billion current LCU compare
- 163 Malta 10.95 billion current LCU compare
- 164 Papua New Guinea 10.21 billion current LCU
- 165 Bahamas 10.18 billion current LCU 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)
- Manufacturing, value added (constant LCU), per capita 1,018 constant LCU per person (2024)
- Industry (including construction), value added (current US$), annual 14.43 % change on previous year (2024)
- Industry (including construction), value added (current US$), per 0.2337 current US$ per US$ of GDP (2024)
- Industry (including construction), value added (current US$), per 451.92 current US$ per person (2024)
- Industry (including construction), value added (current LCU), annual 15.51 % change on previous year (2024)
- Industry (including construction), value added (current LCU), per 1.98 current LCU per US$ of GDP (2024)
- Industry (including construction), value added (current LCU), per 3,821 current LCU per person (2024)
- Industry (including construction), value added (constant 2015 US$) 8.33 % change on previous year (2024)
Frequently asked questions
- What is households and npishs final consumption expenditure: linked series in Solomon Islands?
- Households and npishs final consumption expenditure: linked series in Solomon Islands was 10.97 billion current LCU in 2024, according to Staff estimates, World Bank (WB).
- What is the highest households and npishs final consumption expenditure: linked series 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: linked series 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: linked series?
- Solomon Islands ranks 162nd out of 187 countries with data for 2024.
- Is households and npishs final consumption expenditure: linked series 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 Staff estimates, World Bank (WB), published as part of Households and NPISHs final consumption expenditure: linked series (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 series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. 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.