General government final consumption expenditure in Solomon Islands

Solomon Islands: General government final consumption expenditure was 414.81 million current US$ in 2024. ▲ Rising

Latest (2024)
414.81 million current US$
Change on year
down 1.0%
World rank
172nd
of 186 countries
All-time high
447.31 million current US$
in 2019
All-time low
69.89 million current US$
in 2003
Years of data
22
2003–2024

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

100.0M200.0M300.0M400.0M2003201320242003: 69.9M current US$2004: 97.4M current US$2005: 194.1M current US$2006: 206.1M current US$2007: 217.7M current US$2008: 236.2M current US$2009: 246.4M current US$2010: 283.3M current US$2011: 261.3M current US$2012: 302.1M current US$2013: 393.0M current US$2014: 407.6M current US$2015: 386.7M current US$2016: 401.2M current US$2017: 381.8M current US$2018: 433.5M current US$2019: 447.3M current US$2020: 385.9M current US$2021: 388.0M current US$2022: 388.1M current US$2023: 419.1M current US$2024: 414.8M current US$

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

Analysis

Solomon Islands recorded 414.81 million current US$ for general government final consumption expenditure in 2024.

Compared with earlier readings it is down 1.0% on the previous year and up 1.8% over ten years.

Over the whole period, general government final consumption expenditure in Solomon Islands peaked at 447.31 million current US$ in 2019 and was at its lowest, 69.89 million current US$, in 2003.

That places Solomon Islands 172nd out of 186 countries with data for 2024, putting it 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 181.12 million current US$ 69.89 million current US$ 246.39 million current US$ 7
2010s 369.77 million current US$ 261.28 million current US$ 447.31 million current US$ 10
2020s 399.18 million current US$ 385.91 million current US$ 419.11 million current US$ 5

Countries ranked near Solomon Islands

  1. 169 Belize 510.74 million current US$ compare
  2. 170 Sierra Leone 443.90 million current US$ compare
  3. 171 Curacao 441.06 million current US$ compare
  4. 173 Guinea-Bissau 391.44 million current US$ compare
  5. 174 Central African Republic 316.24 million current US$ compare
  6. 175 San Marino 286.84 million current US$ compare

See the full ranking of 229 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 414.81 million current US$ 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 447.31 million current US$ in 2019.
What is the lowest general government final consumption expenditure recorded in Solomon Islands?
The lowest recorded value was 69.89 million current US$ in 2003.
How does Solomon Islands rank for general government final consumption expenditure?
Solomon Islands ranks 172nd 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 1.8%. 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 US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
General government final consumption expenditure (current US$)
Unit
current US$
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
229 places, 11,047 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 indicator is expressed in United States dollars.