Global Packaging Machinery Market
What is Solomon Islands' gross national expenditure (current us$)? As of 2023, it's 1.9B current US$, up from 1.4B current US$ in 2014.
| Label | Gross national expenditure (current US$) |
|---|---|
| 2014 | 1429462540.3964 current US$ |
| 2015 | 1425095856.5776 current US$ |
| 2016 | 1504696978.0275 current US$ |
| 2017 | 1557525632.6871 current US$ |
| 2018 | 1700516793.1363 current US$ |
| 2019 | 1781694604.6559 current US$ |
| 2020 | 1609224995.7478 current US$ |
| 2021 | 1741687211.235 current US$ |
| 2022 | 1732850499.3361 current US$ |
| 2023 | 1899183485.0698 current US$ |
Data Source: World Bank and Wantstats Repository
Don't anchor on the most recent year. With this much back-and-forth, the latest reading is one data point among several similarly-weighted ones, not the start of a new trend.
Worth noting this move happens in 2020, the year lockdowns disrupted ordinary activity broadly across the world. It may or may not be the direct explanation here, but it's the most common one for a dip landing in exactly this year.
Like most indicator series of this kind, the Solomon Islands numbers here are compiled from periodic surveys and filled in with modeling for the years between — read the shape of the trend, hold individual annual figures loosely.
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