Solomon Islands Economic Statistics and Indicators

25, Oct 2020, 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.

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 %.