Expense in Solomon Islands
Solomon Islands: Expense was 3.46 billion current LCU in 2022. ▲ Rising
Expense in Solomon Islands, 2011–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for expense in Solomon Islands is 3.46 billion current LCU, measured in 2022.
That represents a change of down 9.1% on the previous year and up 56.7% over ten years.
Over the whole period, expense in Solomon Islands peaked at 4.03 billion current LCU in 2020 and was at its lowest, 2.03 billion current LCU, in 2011.
That places Solomon Islands 139th out of 157 countries with data for 2022, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.04 billion current LCU | 2.03 billion current LCU | 3.84 billion current LCU | 9 |
| 2020s | 3.76 billion current LCU | 3.46 billion current LCU | 4.03 billion current LCU | 3 |
Countries ranked near Solomon Islands
More public sector data for Solomon Islands
- Tax revenue 23.3% (2024)
- Taxes on income, profits and capital gains 22.7% (2024)
- Taxes on goods and services 26.4% (2024)
- Net investment in nonfinancial assets 7.7% (2024)
- Net lending (+) / net borrowing (-) -1.9% (2024)
- Interest payments 1.5% (2024)
- Grants and other revenue 37.4% (2024)
- Interest payments 1.3% (2022)
- Other taxes 0.9% (2020)
- Compensation of employees 47.3% (2022)
Frequently asked questions
- What is expense in Solomon Islands?
- Expense in Solomon Islands was 3.46 billion current LCU in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Solomon Islands?
- The highest recorded value was 4.03 billion current LCU in 2020.
- What is the lowest expense recorded in Solomon Islands?
- The lowest recorded value was 2.03 billion current LCU in 2011.
- How does Solomon Islands rank for expense?
- Solomon Islands ranks 139th out of 157 countries with data for 2022.
- Is expense rising or falling in Solomon Islands?
- Over the last ten years it is up 56.7%. The long-run trend across the full record is rising.
- Where does this Solomon Islands data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 12 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. 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.