Solomon Islands - Expense

Expense (current LCU)

The value for Expense (current LCU) in Solomon Islands was 4,026,481,000 as of 2020. As the graph below shows, over the past 9 years this indicator reached a maximum value of 4,026,481,000 in 2020 and a minimum value of 2,032,298,000 in 2011.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year Value
2011 2,032,298,000
2012 2,204,911,000
2013 2,863,983,000
2014 2,970,877,000
2015 3,175,288,000
2016 3,261,355,000
2017 3,505,011,000
2018 3,542,839,000
2019 3,835,827,000
2020 4,026,481,000

Expense (% of GDP)

Expense (% of GDP) in Solomon Islands was 31.71 as of 2020. Its highest value over the past 9 years was 31.71 in 2020, while its lowest value was 25.17 in 2012.

Definition: Expense is cash payments for operating activities of the government in providing goods and services. It includes compensation of employees (such as wages and salaries), interest and subsidies, grants, social benefits, and other expenses such as rent and dividends.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
2011 25.33
2012 25.17
2013 30.53
2014 30.16
2015 30.69
2016 29.77
2017 29.95
2018 28.29
2019 29.89
2020 31.71

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance