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 closure of key businesses, and an empty government treasury culminated in economic collapse. RAMSI's efforts, which concluded in Jun 2017, to restore law and order and economic stability have led to modest growth as the economy rebuilds.
3.5% (2017 est.)
3.5% (2016 est.)
2.5% (2015 est.)
0.5% (2017 est.)
0.5% (2016 est.)
Moody's rating: B3 (2015)
$1.783 billion (2019 est.)
$1.762 billion (2018 est.)
$1.695 billion (2017 est.)
note: data are in 2017 dollars
$1.298 billion (2017 est.)
$2,663 (2019 est.)
$2,700 (2018 est.)
$2,666 (2017 est.)
note: data are in 2017 dollars
13.1% of GDP (2017 est.)
15.2% of GDP (2016 est.)
14.5% of GDP (2015 est.)
agriculture: 34.3% (2017 est.)
industry: 7.6% (2017 est.)
services: 58.1% (2017 est.)
household consumption: NA
government consumption: NA
investment in fixed capital: NA
investment in inventories: NA
exports of goods and services: 25.8% (2011 est.)
imports of goods and services: -49.6% (2011 est.)
Overall score: 55.3 (2020)
Starting a Business score: 85.6 (2020)
Trading score: 53.4 (2020)
Enforcement score: 43.5 (2020)
oil palm fruit, sweet potatoes, coconuts, taro, yams, fruit, pulses nes, vegetables, cocoa, cassava
fish (tuna), mining, timber
3.6% (2017 est.)
202,500 (2007 est.)
agriculture: 75%
industry: 5%
services: 20% (2000 est.)
N/A
12.7% (2012 est.)
37.1 (2013 est.)
lowest 10%: NA
highest 10%: NA
revenues: 532.5 million (2017 est.)
expenditures: 570.5 million (2017 est.)
41% (of GDP) (2017 est.)
-2.9% (of GDP) (2017 est.)
9.4% of GDP (2017 est.)
7.9% of GDP (2016 est.)
calendar year
-$54 million (2017 est.)
-$49 million (2016 est.)
$468.6 million (2017 est.)
$419.9 million (2016 est.)
China 65%, Italy 9%, India 6% (2019)
lumber, fish, aluminum, palm oil, cocoa beans (2019)
$462.1 million (2017 est.)
$419.3 million (2016 est.)
China 24%, Australia 13%, South Korea 12%, Singapore 12%, Malaysia 10% (2019)
refined petroleum, fish, insulated wiring, broadcasting equipment, excavation machinery (2019)
$0 (31 December 2017 est.)
$421 million (31 December 2016 est.)
$757 million (31 December 2017 est.)
$643 million (31 December 2016 est.)
Solomon Islands dollars (SBD) per US dollar -
8.06126 (2020 est.)
8.10373 (2019 est.)
8.01282 (2018 est.)
7.9147 (2014 est.)
7.3754 (2013 est.)
NOTE: The information regarding Solomon Islands on this page is re-published from the 2021 World Fact Book of the United States Central Intelligence Agency and other sources. No claims are made regarding the accuracy of Solomon Islands 2021 information contained here. All suggestions for corrections of any errors about Solomon Islands 2021 should be addressed to the CIA or the source cited on each page.
This page was last modified 16 Dec 23, Copyright © 2023 ITA all rights reserved.