Total Expenditure (central government) — Value US$, 2015 prices in Solomon Islands
Solomon Islands: Total Expenditure (central government) — Value US$, 2015 prices was 577.93 million USD in 2024. ▲ Rising
Total Expenditure (central government) — Value US$, 2015 prices in Solomon Islands, 2011–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
Solomon Islands recorded 577.93 million USD for total expenditure (central government) — value us$, 2015 prices in 2024.
The figure is up 15.3% on the previous year and up 12.8% over ten years.
Over the whole period, total expenditure (central government) — value us$, 2015 prices in Solomon Islands peaked at 580.47 million USD in 2020 and was at its lowest, 314.55 million USD, in 2011.
Solomon Islands ranks 152nd of 173 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 14 years of available data.
Total Expenditure (central government) — Value US$, 2015 prices in Solomon Islands, year by year
| Year | million USD | Change |
|---|---|---|
| 2011 | 314.55 million USD | — |
| 2012 | 354.33 million USD | +12.6% |
| 2013 | 531.18 million USD | +49.9% |
| 2014 | 512.49 million USD | -3.5% |
| 2015 | 542.24 million USD | +5.8% |
| 2016 | 549.53 million USD | +1.3% |
| 2017 | 578.01 million USD | +5.2% |
| 2018 | 511.42 million USD | -11.5% |
| 2019 | 534.26 million USD | +4.5% |
| 2020 | 580.47 million USD | +8.6% |
| 2021 | 376.52 million USD | -35.1% |
| 2022 | 408.39 million USD | +8.5% |
| 2023 | 501.4 million USD | +22.8% |
| 2024 | 577.93 million USD | +15.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 492 million USD | 314.55 million USD | 578.01 million USD | 9 |
| 2020s | 488.94 million USD | 376.52 million USD | 580.47 million USD | 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)
- Gross value added at basic prices (GVA) (current US$), annual growth 5.31 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9801 current US$ per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current US$), per capita 1,895 current US$ per person (2024)
- Gross value added at basic prices (GVA) (current LCU), annual growth 6.3 % change on previous year (2024)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 8.29 current LCU per US$ of GDP (2024)
- Gross value added at basic prices (GVA) (current LCU), per capita 16,023 current LCU per person (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 3 % change on previous year (2024)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.9137 constant 2015 US$ per US$ of GDP (2024)
Frequently asked questions
- What is total expenditure (central government) — value us$, 2015 prices in Solomon Islands?
- Total expenditure (central government) — value us$, 2015 prices in Solomon Islands was 577.93 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value us$, 2015 prices recorded in Solomon Islands?
- The highest recorded value was 580.47 million USD in 2020.
- What is the lowest total expenditure (central government) — value us$, 2015 prices recorded in Solomon Islands?
- The lowest recorded value was 314.55 million USD in 2011.
- How does Solomon Islands rank for total expenditure (central government) — value us$, 2015 prices?
- Solomon Islands ranks 152nd out of 173 countries with data for 2024.
- Is total expenditure (central government) — value us$, 2015 prices rising or falling in Solomon Islands?
- Over the last ten years it is up 12.8%. 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 US$, 2015 prices. Statizoid updates them automatically from the source API.
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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.