Solomon Islands Economic Statistics and Indicators

24, May 2018, EDT. Welcome to the Solomon Islands economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.

Economic Indicators For: Solomon Islands › Change country
National or Regional Currency: Solomon Islands Dollar, SBD
Year of data: 2015 › Change year
Number of Indicators Listed: 37
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 609,883 (July 2014 est.)
Area: total: 28,896 sq km ; land: 27,986 sq km ; water: 910 sq km
Natural Resources: fish, forests, gold, bauxite, phosphates, lead, zinc, nickel
Capital: name: Honiara ; geographic coordinates: 9 26 S, 159 57 E ; time difference: UTC+11 (16 hours ahead of Washington, DC, during Standard Time)

The bulk of the population depends on agriculture, fishing, and forestry for at least part of its livelihood. Most manufactured goods and petroleum products must be imported. The islands are rich in undeveloped mineral resources such as lead, zinc, nickel, and gold. Prior to the arrival of The Regional Assistance Mission to the Solomon Islands (RAMSI), severe ethnic violence, the closing of key businesses, and an empty government treasury culminated in economic collapse. RAMSI's efforts to restore law and order and economic stability have led to modest growth as the economy rebuilds.

Economic Indicator Listing
  For Solomon Islands in year 2015 Indicator Value
GDP Growth (Constant Prices, National Currency) 3.25 %
GDP (Current Prices, National Currency)SBD 8.948 Billion.
GDP (Current Prices, US Dollars)US$ 1.147 Billion
GDP Deflator 188.387 (Index, Base Year as per country's accounts = 100)
GDP Per Capita (Constant Prices, National Currency)SBD 8,084.08 .
GDP Per Capita (Current Prices, National Currency)SBD 15,229.35 .
GDP Per Capita (Current Prices, US Dollars)US$ 1,952.48
GDP (PPP), US DollarsUS$ 1.146 Billion
GDP Per Capita (PPP), US DollarsUS$ 1,950.15
GDP Share of World Total (PPP) 0.001 %
Implied PPP Conversion Rate 7.809
Investment (% of GDP) 19.687 %
Gross National Savings (% of GDP) 17.07 %
Inflation, Average Consumer Prices (Indexed to Year 2000) 185.769 (Index, Base Year 2000 = 100)
Inflation (Average Consumer Price Change %) -0.387 %
Inflation, End of Year (Indexed to Year 2000) 185.609 (Index, Base Year 2000 = 100)
Inflation (End of Year Change %) 2.151 %
Import Volume of All Items Including Goods and Services (Percent Change) 1.752 %
Import Volumes of Goods Only (Percent Change) 8.871 %
Export Volume of All Items Including Goods and Services (Percent Change) 1.821 %
Export Volumes of Goods Only (Percent Change) 2.673 %
Population 0.588 Million
General government revenue (National Currency)SBD 4.128 Billions.
General government revenue (% of GDP) 46.13 %
General government total expenditure (National Currency)SBD 4.151 Billions.
General government total expenditure (% of GDP) 46.391 %
Total Government Net Lending/ Borrowing (National Currency)SBD -0.023 Billions.
Total Government Net Lending/ Borrowing (% of GDP) -0.26 %
Fiscal Year Gross Domestic Product, Current PricesSBD 8.948 Billions.
Current Account Balance (US Dollars)US$ -0.03 Billion
Current Account Balance (% GDP) -2.617 %
Economic Indicators for Solomon Islands 2015

GDP (Constant Prices, National Currency) for Solomon Islands in year 2015 is SBD 4.75 Billion.

GDP Growth (Constant Prices, National Currency) for Solomon Islands in year 2015 is 3.25 %.

GDP (Current Prices, National Currency) for Solomon Islands in year 2015 is SBD 8.948 Billion.

GDP (Current Prices, US Dollars) for Solomon Islands in year 2015 is US$ 1.147 Billion.

GDP Deflator for Solomon Islands in year 2015 is 188.387 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Solomon Islands in year 2015 is SBD 8,084.08 .

GDP Per Capita (Current Prices, National Currency) for Solomon Islands in year 2015 is SBD 15,229.35 .

GDP Per Capita (Current Prices, US Dollars) for Solomon Islands in year 2015 is US$ 1,952.48 .

GDP (PPP), US Dollars for Solomon Islands in year 2015 is US$ 1.146 Billion.

GDP Per Capita (PPP), US Dollars for Solomon Islands in year 2015 is US$ 1,950.15 .

GDP Share of World Total (PPP) for Solomon Islands in year 2015 is 0.001 %.

Implied PPP Conversion Rate for Solomon Islands in year 2015 is 7.809 .

Investment (% of GDP) for Solomon Islands in year 2015 is 19.687 %.

Gross National Savings (% of GDP) for Solomon Islands in year 2015 is 17.07 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Solomon Islands in year 2015 is 185.769 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Solomon Islands in year 2015 is -0.387 %.

Inflation, End of Year (Indexed to Year 2000) for Solomon Islands in year 2015 is 185.609 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Solomon Islands in year 2015 is 2.151 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Solomon Islands in year 2015 is 1.752 %.

Import Volumes of Goods Only (Percent Change) for Solomon Islands in year 2015 is 8.871 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Solomon Islands in year 2015 is 1.821 %.

Export Volumes of Goods Only (Percent Change) for Solomon Islands in year 2015 is 2.673 %.

Population for Solomon Islands in year 2015 is 0.588 Million .

General government revenue (National Currency) for Solomon Islands in year 2015 is SBD 4.128 Billions.

General government revenue (% of GDP) for Solomon Islands in year 2015 is 46.13 %.

General government total expenditure (National Currency) for Solomon Islands in year 2015 is SBD 4.151 Billions.

General government total expenditure (% of GDP) for Solomon Islands in year 2015 is 46.391 %.

Total Government Net Lending/ Borrowing (National Currency) for Solomon Islands in year 2015 is SBD -0.023 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Solomon Islands in year 2015 is -0.26 %.

Fiscal Year Gross Domestic Product, Current Prices for Solomon Islands in year 2015 is SBD 8.948 Billions.

Current Account Balance (US Dollars) for Solomon Islands in year 2015 is US$ -0.03 Billion.

Current Account Balance (% GDP) for Solomon Islands in year 2015 is -2.617 %.

* Source: IMF
Aggregate Indicators for Solomon Islands
Indicators
  Geography (Location, geographic coordinates, map references, area, terrain, elevation extremes, borders, coastline and maritime claims) for Solomon Islands
  Climate and Environment (climate, environmental issues, environmental agreements, natural hazards) for Solomon Islands
  Natural Resources, Agricultural Products, Land Use and Water Use for Solomon Islands
  Nationality, Ethnic Groups, Languages and Religions for Solomon Islands
  Telephone Statistics: Number of Fixed Lines, Mobile Phone Penetration Rate for Solomon Islands
  Age Structure, Median Age, Gender and Urbanization for Solomon Islands
  Population Growth Rate, Birth Rate, Death Rate, Net Migration Rate for Solomon Islands
  Life Expectancy Rate, Infant Mortality Rate and Total Fertility Rate for Solomon Islands
  HIV, AIDS and Other Major Infectious Disease Rates for Solomon Islands
  Literacy Rate, Educational Expenditure and School Life Expectancy for Solomon Islands
  Gross Domestic Product (PPP, Official Exchange Rate, Real Growth Rate and Per Capita) for Solomon Islands
  Industries and Industrial Growth Production Rate for Solomon Islands
  Labor Force by Occupation for Solomon Islands
  Poverty Line, Gini Index, Household Income and Consumption for Solomon Islands
  National Budget and Public Debt for Solomon Islands
  Bank Rates (Commercial Bank Prime Lending Rate, Central Bank Discount Rate) for Solomon Islands
  Stock of Money, Stock of Quasi Money, Stock of Domestic Credit for Solomon Islands
  Stock Market Capitalization: Market Value of Publicly Traded Shares for Solomon Islands
  Trade Statistics, Export Statistics, Export Partners and Products, Import Statistics, Import Partners and Products for Solomon Islands
  Foreign Exchange Reserves and Gold Reserves for Solomon Islands
  FDI Statistics (Foreign Direct Investment at Home/ Inbound FDI, Foreign Direct Investment Abroad/ Outbound FDI) for Solomon Islands
  Exchange Rate Statistics for Solomon Islands
  Electricity Production, Electricity Consumption, Electricity Exports and Electricity Imports for Solomon Islands
  Oil Production, Proven Oil Reserves, Oil Consumption, Oil Exports and Oil Imports for Solomon Islands
  Natural Gas Production, Proven Natural Gas Reserves, Natural Gas Consumption, Natural Gas Exports and Natural Gas Imports for Solomon Islands
  Television and Radio Statistics (TV Stats, Radio Stats) for Solomon Islands
  Internet Statistics (Internet Users, Internet Hosts, Country TLD) for Solomon Islands
  Airport Statistics (Paved Runway Airports, Unpaved Runway Airports, Heliports) for Solomon Islands
  Transport Statistics (Railways, Roadways, Waterways, Ports and Terminals, Airports, Merchant Marine) for Solomon Islands
  Military Statistics (Military Expenditure, Military Branches, Service Age and Obligation, Manpower Available and Fit for Military Service) for Solomon Islands
  Disputes, Refugees, Human Trafficking and Illicit Drug Production for Solomon Islands
* Source: CIA
Internet Indicators for Solomon Islands
Indicators
  Number of Internet Users for Solomon Islands
  Internet Penetration Rate for Solomon Islands
  Number of Facebook Accounts for Solomon Islands
  Facebook Penetration Rate for Solomon Islands
* Source: IWS
Economic Freedom Indicators for Solomon Islands
Indicators
  Economic Freedom World Rank for Solomon Islands
  Government Spending for Solomon Islands
  Monetary Freedom for Solomon Islands
  Investment Freedom for Solomon Islands
  Financial Freedom for Solomon Islands
  Property Rights for Solomon Islands
  Economic Freedom Regional Ranking for Solomon Islands
  Freedom from Corruption for Solomon Islands
  Labor Freedom for Solomon Islands
  Tariff Rate for Solomon Islands
  Income Tax Rate for Solomon Islands
  Corporate Tax Rate for Solomon Islands
  Tax Burden % of GDP for Solomon Islands
  Government Expenditure % of GDP for Solomon Islands
  Business Freedom for Solomon Islands
  Trade Freedom for Solomon Islands
  Fiscal Freedom for Solomon Islands
  2016 Score for Solomon Islands
* Source: HFO
Solomon Islands Economic Indicators in other Years
  Solomon Islands Economic Indicators for Year 2021 (Forecast)
  Solomon Islands Economic Indicators for Year 2020 (Forecast)
  Solomon Islands Economic Indicators for Year 2019 (Forecast)
  Solomon Islands Economic Indicators for Year 2018 (Forecast)
  Solomon Islands Economic Indicators for Year 2017 (Forecast)
  Solomon Islands Economic Indicators for Year 2016 (Forecast)
Solomon Islands Economic Indicators for Year 2015 (Current)
  Solomon Islands Economic Indicators for Year 2014
  Solomon Islands Economic Indicators for Year 2013
  Solomon Islands Economic Indicators for Year 2012
  Solomon Islands Economic Indicators for Year 2011
  Solomon Islands Economic Indicators for Year 2010
  Solomon Islands Economic Indicators for Year 2009
  Solomon Islands Economic Indicators for Year 2008
  Solomon Islands Economic Indicators for Year 2007
  Solomon Islands Economic Indicators for Year 2006
  Solomon Islands Economic Indicators for Year 2005
  Solomon Islands Economic Indicators for Year 2004
  Solomon Islands Economic Indicators for Year 2003
  Solomon Islands Economic Indicators for Year 2002
  Solomon Islands Economic Indicators for Year 2001
  Solomon Islands Economic Indicators for Year 2000
  Solomon Islands Economic Indicators for Year 1999
  Solomon Islands Economic Indicators for Year 1998
  Solomon Islands Economic Indicators for Year 1997
  Solomon Islands Economic Indicators for Year 1996
  Solomon Islands Economic Indicators for Year 1995
  Solomon Islands Economic Indicators for Year 1994
  Solomon Islands Economic Indicators for Year 1993
  Solomon Islands Economic Indicators for Year 1992
  Solomon Islands Economic Indicators for Year 1991
  Solomon Islands Economic Indicators for Year 1990
  Solomon Islands Economic Indicators for Year 1989
  Solomon Islands Economic Indicators for Year 1988
  Solomon Islands Economic Indicators for Year 1987
  Solomon Islands Economic Indicators for Year 1986
  Solomon Islands Economic Indicators for Year 1985
  Solomon Islands Economic Indicators for Year 1984
  Solomon Islands Economic Indicators for Year 1983
  Solomon Islands Economic Indicators for Year 1982
  Solomon Islands Economic Indicators for Year 1981
  Solomon Islands Economic Indicators for Year 1980


Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International