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Economy of Solomon Islands
Statistics
GDP
$1.601 billion (nominal, 2023)[1]
$1.412 billion (PPP, 2018)[1]
GDP growth
3.9% (2018) 2.7% (2019e)
−6.7% (2020f) −0.3% (2021f)[2]
GDP per capita
$2,187 (nominal, 2023 est.)[1]
$2,251 (PPP, 2018 est.)[1]
Inflation (CPI)
2.664% (2018)[1]
Human Development Index
0.564 medium (2022)[3] (153rd)
N/A IHDI (2018)[4]
Main data source:CIA World Fact Book All values, unless otherwise stated, are in US dollars.
A per capita GDP of $3,200 ranks Solomon Islands as a lesser developed nation.[5][6] Over 75% of its labour force is engaged in subsistence farming and fishing.
^ abcde"World Economic Outlook Database, October 2019". IMF.org. International Monetary Fund. Retrieved 21 October 2019.
^Global Economic Prospects, June 2020. World Bank. 2020. p. 74. doi:10.1596/978-1-4648-1553-9. ISBN 978-1-4648-1553-9. Retrieved 10 June 2020. {{cite book}}: |website= ignored (help)
^"Human Development Index (HDI)". hdr.undp.org. HDRO (Human Development Report Office) United Nations Development Programme. Retrieved 11 December 2019.
^"Inequality-adjusted Human Development Index (IHDI)". hdr.undp.org. HDRO (Human Development Report Office) United Nations Development Programme. Retrieved 11 December 2019.
^The Case for a Legislative Budget Office in the Solomon Islands. Social Science Research Network (SSRN). Accessed 18 July 2017.
^Solomon Islands: Case for Legislative Budget Office. Development Policy Institute (Devpolicy). Accessed 18 July 2017.
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