Final consumption expenditure in Solomon Islands
Solomon Islands: Final consumption expenditure was 1.65 billion constant 2015 US$ in 2024. ▬ Flat
Final consumption expenditure in Solomon Islands, 1980–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Solomon Islands recorded 1.65 billion constant 2015 US$ for final consumption expenditure in 2024. That is the highest value across all 45 years on record.
That represents a change of up 7.8% on the previous year and up 40.3% over ten years.
Over the whole period, final consumption expenditure in Solomon Islands peaked at 1.65 billion constant 2015 US$ in 2024 and was at its lowest, 635.08 million constant 2015 US$, in 2003.
Solomon Islands ranks 163rd of 171 countries on this measure, in the bottom quarter.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.30 billion constant 2015 US$ | 847.64 million constant 2015 US$ | 1.46 billion constant 2015 US$ | 10 |
| 1990s | 1.20 billion constant 2015 US$ | 872.79 million constant 2015 US$ | 1.49 billion constant 2015 US$ | 10 |
| 2000s | 858.06 million constant 2015 US$ | 635.08 million constant 2015 US$ | 1.01 billion constant 2015 US$ | 10 |
| 2010s | 1.20 billion constant 2015 US$ | 1.04 billion constant 2015 US$ | 1.41 billion constant 2015 US$ | 10 |
| 2020s | 1.42 billion constant 2015 US$ | 1.21 billion constant 2015 US$ | 1.65 billion constant 2015 US$ | 5 |
Countries ranked near Solomon Islands
- 160 Gambia 1.94 billion constant 2015 US$ compare
- 161 Bhutan 1.87 billion constant 2015 US$ compare
- 162 Guinea-Bissau 1.73 billion constant 2015 US$ compare
- 164 Comoros 1.40 billion constant 2015 US$ compare
- 165 Samoa 941.23 million constant 2015 US$ compare
- 166 San Marino 936.76 million constant 2015 US$ compare
More economy & growth data for Solomon Islands
- DEC alternative conversion factor 8.33 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 1.21 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 145.27 million current US$ (2025)
- Taxes less subsidies on products 266.39 million current LCU (2024)
- Taxes less subsidies on products 31.51 million current US$ (2024)
- Net primary income (Net income from abroad) 14.54 million current LCU (2025)
- Net primary income (Net income from abroad) 1.75 million current US$ (2025)
- GNI per capita 17,389 current LCU (2025)
- GNI per capita, Atlas method 2,020 current US$ (2025)
- GNI 14.58 billion current LCU (2025)
Frequently asked questions
- What is final consumption expenditure in Solomon Islands?
- Final consumption expenditure in Solomon Islands was 1.65 billion constant 2015 US$ in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Solomon Islands?
- The highest recorded value was 1.65 billion constant 2015 US$ in 2024.
- What is the lowest final consumption expenditure recorded in Solomon Islands?
- The lowest recorded value was 635.08 million constant 2015 US$ in 2003.
- How does Solomon Islands rank for final consumption expenditure?
- Solomon Islands ranks 163rd out of 171 countries with data for 2024.
- Is final consumption expenditure rising or falling in Solomon Islands?
- Over the last ten years it is up 40.3%. The long-run trend across the full record is flat.
- Where does this Solomon Islands data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.