Least developed countries vs Solomon Islands: Goods and services expense
Goods and services expense over time
- Least developed countries
- Solomon Islands
How they compare
Solomon Islands currently reports 38.5% against 20.0% in Least developed countries, a difference of 18.5%.
That makes Solomon Islands's figure about 1.9 times Least developed countries's.
Across all 10 years both countries report, Solomon Islands has been ahead every year.
Least developed countries ranks 8th and Solomon Islands ranks 6th of 39 groups.
Solomon Islands has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Least developed countries | Solomon Islands | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 24.2% | 51.3% | 27.0% | Solomon Islands |
| 2020s | 18.7% | 51.7% | 33.0% | Solomon Islands |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Least developed countries or Solomon Islands?
- Solomon Islands, at 38.5% against 20.0% in Least developed countries as of 2022.
- What is the difference in goods and services expense between Least developed countries and Solomon Islands?
- 18.5%, with Solomon Islands ahead.
- How many years of comparable data are there for Least developed countries and Solomon Islands?
- 10 years are reported by both, from 2012 to 2021.
- How do Least developed countries and Solomon Islands rank globally for goods and services expense?
- Least developed countries ranks 8th and Solomon Islands ranks 6th of 39 groups.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (% of expense). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.