Year: 2017

Debt – Growth Nexus the Case for Solomon Islands

External borrowing or debt is a common practice in developing and least developed countries around the world for various reasons. If local borrowing is limited, these countries depend on sourcing external funds to subsidize their deficit budgets or cushion revenue shortfalls and to fund major infrastructure or development projects.The full article can be downloaded below.

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Key Statistics

Inflation
(February, 2024) 4.8%
GDP 2022 Actual
(Source: SINSO)
Constant Price: 2012
Real GDP
SBD$ 10,894.6m
Nominal GDP
SBD$ 12,774.5m
Real GDP Growth2.4%
Foreign Reserves
(April 3, 2024)SBD $5,689m
Interest Rates
(December, 2023)
Deposit Rate0.38%
Lending Rate8.74%
Money Supply
(April 3, 2024)SBD $5,842m

Exchange Rates

Per
SBD
Today

26/04/2024
Last Week

19/04/2024
USD0.11690.1166
GBP0.09341
0.09374
EUR0.1090
0.10954
AUD0.179300.1816
NZD0.196500.19750
JPY18.190018.0313
SDR0.088750.08863
CNY
0.846500.84390
Index116.00116.70