Total Expenditure (central government) — Value Standard Local Currency in Solomon Islands
Solomon Islands: Total Expenditure (central government) — Value Standard Local Currency was 5,302 million SLC in 2024. ▲ Rising
Total Expenditure (central government) — Value Standard Local Currency in Solomon Islands, 2011–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for total expenditure (central government) — value standard local currency in Solomon Islands is 5,302 million SLC, measured in 2024. That is the highest value across all 14 years on record.
Compared with earlier readings it is up 20.3% on the previous year and up 35.1% over ten years.
Over the whole period, total expenditure (central government) — value standard local currency in Solomon Islands peaked at 5,302 million SLC in 2024 and was at its lowest, 2,169 million SLC, in 2011.
That places Solomon Islands 148th out of 174 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Total Expenditure (central government) — Value Standard Local Currency in Solomon Islands, year by year
| Year | million SLC | Change |
|---|---|---|
| 2011 | 2,169 million SLC | — |
| 2012 | 2,560 million SLC | +18.0% |
| 2013 | 3,923 million SLC | +53.3% |
| 2014 | 3,924 million SLC | +0.0% |
| 2015 | 4,292 million SLC | +9.4% |
| 2016 | 4,364 million SLC | +1.7% |
| 2017 | 4,709 million SLC | +7.9% |
| 2018 | 4,494 million SLC | -4.6% |
| 2019 | 4,753 million SLC | +5.8% |
| 2020 | 5,095 million SLC | +7.2% |
| 2021 | 3,123 million SLC | -38.7% |
| 2022 | 3,456 million SLC | +10.6% |
| 2023 | 4,408 million SLC | +27.6% |
| 2024 | 5,302 million SLC | +20.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3,910 million SLC | 2,169 million SLC | 4,753 million SLC | 9 |
| 2020s | 4,277 million SLC | 3,123 million SLC | 5,302 million SLC | 5 |
Countries ranked near Solomon Islands
- 145 Malta 8,562 million SLC compare
- 146 Bosnia and Herzegovina 6,958 million SLC compare
- 147 Brunei Darussalam 6,163 million SLC compare
- 149 Palestine 4,983 million SLC compare
- 150 Barbados 4,698 million SLC compare
- 151 Sao Tome and Principe 3,775 million SLC 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)
- Industry (including construction), value added (constant 2015 US$) 8.33 % change on previous year (2024)
- Industry (including construction), value added (constant 2015 US$) 0.1909 constant 2015 US$ per US$ of GDP (2024)
- Industry (including construction), value added (constant 2015 US$) 369.02 constant 2015 US$ per person (2024)
- Industry (including construction), value added (constant LCU), annual 8.33 % change on previous year (2024)
- Industry (including construction), value added (constant LCU), per 1.16 constant LCU per US$ of GDP (2024)
- Industry (including construction), value added (constant LCU), per 2,233 constant LCU per person (2024)
- Services, value added (current US$), annual growth rate 2.88 % change on previous year (2024)
- Services, value added (current US$), per unit of GDP 0.4692 current US$ per US$ of GDP (2024)
Frequently asked questions
- What is total expenditure (central government) — value standard local currency in Solomon Islands?
- Total expenditure (central government) — value standard local currency in Solomon Islands was 5,302 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value standard local currency recorded in Solomon Islands?
- The highest recorded value was 5,302 million SLC in 2024.
- What is the lowest total expenditure (central government) — value standard local currency recorded in Solomon Islands?
- The lowest recorded value was 2,169 million SLC in 2011.
- How does Solomon Islands rank for total expenditure (central government) — value standard local currency?
- Solomon Islands ranks 148th out of 174 countries with data for 2024.
- Is total expenditure (central government) — value standard local currency rising or falling in Solomon Islands?
- Over the last ten years it is up 35.1%. The long-run trend across the full record is rising.
- Where does this Solomon Islands data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 14 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.