General government final consumption expenditure in Solomon Islands

Solomon Islands: General government final consumption expenditure was 3.51 billion current LCU in 2024. ▲ Rising

Latest (2024)
3.51 billion current LCU
Change on year
down 0.1%
World rank
163rd
of 186 countries
All-time high
3.66 billion current LCU
in 2019
All-time low
524.60 million current LCU
in 2003
Years of data
22
2003–2024

General government final consumption expenditure in Solomon Islands, 2003–2024

1.0B2.0B3.0B4.0B2003201320242003: 524.6M current LCU2004: 729.0M current LCU2005: 1.5B current LCU2006: 1.6B current LCU2007: 1.7B current LCU2008: 1.8B current LCU2009: 2.0B current LCU2010: 2.3B current LCU2011: 2.0B current LCU2012: 2.2B current LCU2013: 2.9B current LCU2014: 3.0B current LCU2015: 3.1B current LCU2016: 3.2B current LCU2017: 3.0B current LCU2018: 3.4B current LCU2019: 3.7B current LCU2020: 3.2B current LCU2021: 3.1B current LCU2022: 3.2B current LCU2023: 3.5B current LCU2024: 3.5B current LCU

Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.

Analysis

The most recent figure for general government final consumption expenditure in Solomon Islands is 3.51 billion current LCU, measured in 2024.

The figure is down 0.1% on the previous year and up 16.7% over ten years.

Over the whole period, general government final consumption expenditure in Solomon Islands peaked at 3.66 billion current LCU in 2019 and was at its lowest, 524.60 million current LCU, in 2003.

Solomon Islands ranks 163rd of 186 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 22 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.39 billion current LCU 524.60 million current LCU 1.98 billion current LCU 7
2010s 2.87 billion current LCU 2.00 billion current LCU 3.66 billion current LCU 10
2020s 3.29 billion current LCU 3.12 billion current LCU 3.51 billion current LCU 5

Countries ranked near Solomon Islands

  1. 160 El Salvador 6.02 billion current LCU compare
  2. 161 Brunei 4.68 billion current LCU compare
  3. 162 Malta 4.31 billion current LCU compare
  4. 164 Palestine 2.93 billion current LCU compare
  5. 165 Fiji 2.56 billion current LCU compare
  6. 166 Bahrain 2.50 billion current LCU compare

See the full ranking of 186 places →

More economy & growth data for Solomon Islands

All data for Solomon Islands →

Frequently asked questions

What is general government final consumption expenditure in Solomon Islands?
General government final consumption expenditure in Solomon Islands was 3.51 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest general government final consumption expenditure recorded in Solomon Islands?
The highest recorded value was 3.66 billion current LCU in 2019.
What is the lowest general government final consumption expenditure recorded in Solomon Islands?
The lowest recorded value was 524.60 million current LCU in 2003.
How does Solomon Islands rank for general government final consumption expenditure?
Solomon Islands ranks 163rd out of 186 countries with data for 2024.
Is general government final consumption expenditure rising or falling in Solomon Islands?
Over the last ten years it is up 16.7%. The long-run trend across the full record is rising.
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 General government final consumption expenditure (current LCU). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
General government final consumption expenditure (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
186 places, 8,735 data points, 1960–2025
Last refreshed

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. General government FCE includes all government current expenditures for purchases of goods and services (including compensation of employees), and most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. 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.