Gross national expenditure in Solomon Islands

Solomon Islands: Gross national expenditure was 17.08 billion current LCU in 2024. ◆ Volatile

Latest (2024)
17.08 billion current LCU
Change on year
up 7.4%
World rank
164th
of 185 countries
All-time high
17.08 billion current LCU
in 2024
All-time low
352.00 million current LCU
in 1980
Years of data
45
1980–2024

Gross national expenditure in Solomon Islands, 1980–2024

05.0B10.0B15.0B1980200220241980: 352.0M current LCU1981: 392.0M current LCU1982: 435.0M current LCU1983: 484.0M current LCU1984: 537.0M current LCU1985: 570.0M current LCU1986: 476.0M current LCU1987: 466.0M current LCU1988: 767.0M current LCU1989: 759.0M current LCU1990: 857.0M current LCU1991: 1.0B current LCU1992: 1.1B current LCU1993: 1.4B current LCU1994: 1.8B current LCU1995: 1.9B current LCU1996: 2.2B current LCU1997: 2.3B current LCU1998: 2.3B current LCU1999: 2.4B current LCU2000: 2.5B current LCU2001: 2.8B current LCU2002: 2.6B current LCU2003: 2.9B current LCU2004: 3.5B current LCU2005: 4.6B current LCU2006: 5.1B current LCU2007: 5.7B current LCU2008: 6.5B current LCU2009: 7.0B current LCU2010: 8.3B current LCU2011: 8.3B current LCU2012: 9.0B current LCU2013: 10.1B current LCU2014: 10.5B current LCU2015: 11.3B current LCU2016: 12.0B current LCU2017: 12.3B current LCU2018: 13.5B current LCU2019: 14.6B current LCU2020: 13.2B current LCU2021: 14.0B current LCU2022: 14.1B current LCU2023: 15.9B current LCU2024: 17.1B current LCU

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

Analysis

Solomon Islands recorded 17.08 billion current LCU for gross national expenditure in 2024. That is the highest value across all 45 years on record.

Compared with earlier readings it is up 7.4% on the previous year and up 62.0% over ten years.

Over the whole period, gross national expenditure in Solomon Islands peaked at 17.08 billion current LCU in 2024 and was at its lowest, 352.00 million current LCU, in 1980.

That places Solomon Islands 164th out of 185 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 523.80 million current LCU 352.00 million current LCU 767.00 million current LCU 10
1990s 1.73 billion current LCU 857.00 million current LCU 2.37 billion current LCU 10
2000s 4.31 billion current LCU 2.46 billion current LCU 6.96 billion current LCU 10
2010s 10.97 billion current LCU 8.25 billion current LCU 14.56 billion current LCU 10
2020s 14.87 billion current LCU 13.22 billion current LCU 17.08 billion current LCU 5

Countries ranked near Solomon Islands

  1. 161 Greenland 25.28 billion current LCU compare
  2. 162 Palestine 22.87 billion current LCU compare
  3. 163 Malta 19.86 billion current LCU compare
  4. 165 Jordan 16.68 billion current LCU compare
  5. 166 Bahamas 16.47 billion current LCU compare
  6. 167 Brunei 15.77 billion current LCU compare

See the full ranking of 185 places →

More economy & growth data for Solomon Islands

All data for Solomon Islands →

Frequently asked questions

What is gross national expenditure in Solomon Islands?
Gross national expenditure in Solomon Islands was 17.08 billion current LCU in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
What is the highest gross national expenditure recorded in Solomon Islands?
The highest recorded value was 17.08 billion current LCU in 2024.
What is the lowest gross national expenditure recorded in Solomon Islands?
The lowest recorded value was 352.00 million current LCU in 1980.
How does Solomon Islands rank for gross national expenditure?
Solomon Islands ranks 164th out of 185 countries with data for 2024.
Is gross national expenditure rising or falling in Solomon Islands?
Over the last ten years it is up 62.0%. The long-run trend across the full record is volatile.
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 Gross national expenditure (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Gross national 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
185 places, 8,556 data points, 1960–2025
Last refreshed

Gross national expenditure is the sum of household final consumption expenditure, general government final consumption expenditure, and gross 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.