Household consumption (% of GDP) in the Solomon Islands in 2024 — 81.9%. Ranked 28 in the world out of 168. Since 2003, the indicator has risen by 15.1 pp.
2003–2024 · % of GDP
How the value compares with the world and the groups this territory belongs to: Solomon Islands
| Year | % | Change, pp |
|---|---|---|
| 2024 | 81.9 | +4.9 pp |
| 2023 | 77 | +6.2 pp |
| 2022 | 70.8 | +6.4 pp |
| 2021 | 64.4 | +1.5 pp |
| 2020 | 62.9 | +3.2 pp |
| 2019 | 59.7 | +0.4 pp |
| 2018 | 59.3 | −1.1 pp |
| 2017 | 60.4 | −2.3 pp |
| 2016 | 62.8 | −0.7 pp |
| 2015 | 63.4 | −0.4 pp |
| 2014 | 63.9 | +2 pp |
| 2013 | 61.8 | −1 pp |
| 2012 | 62.8 | +0.8 pp |
| 2011 | 62 | −2.5 pp |
| 2010 | 64.5 | +0.6 pp |
| 2009 | 63.9 | −0.8 pp |
| 2008 | 64.7 | +2.9 pp |
| 2007 | 61.8 | −1.6 pp |
| 2006 | 63.4 | −0 pp |
| 2005 | 63.4 | −4.8 pp |
| 2004 | 68.1 | +1.3 pp |
| 2003 | 66.8 | — |
The same indicator for neighboring countries — with links to their pages
Household final consumption expenditure as a percent of GDP — the market value of all goods and services bought by the population, including the imputed rent of owner-occupied housing. A low consumption share alongside a high share of capital formation is typical of investment- and export-driven economies; a high one, of countries short of savings.
Source: World Development Indicators (World Bank), license CC BY 4.0.
How much money the residents of a country spend in a year on goods and services for themselves.
Economy Gross capital formation (% of GDP)Investment in fixed assets and inventories as a percent of GDP — the base of future growth.
Economy Government consumption (% of GDP)The share of GDP taken by government final consumption spending.
Economy GDPGross domestic product in current US dollars — the size of a country's economy.
Economy GDP per capitaGDP divided by the population, in current US dollars.
Economy GDP growthThe annual growth rate of GDP in constant prices — with inflation stripped out.
