Category: Article

Long Term Economic Growth

Long Term Economic Growth  By CBSI Media  Article No. : 05/2021 Last weekend we look at the topic Government Budget. This weekend we will focus on the topic Long-Term Economic Growth. In this topic we consider the sources of...

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UNEMPLOYMENT IN THE SOLOMON ISLANDS

Unemployment in the Solomon Islands By CBSI Media Article No. : 03/2021 In our previous article on unemployment we looked at the issues of unemployment. We learned that unemployment is usually classified according to the various...

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benefits of Trade

The benefits of trade By CBSI Media Article No. : 23/2020 The Solomon Islands economy would be best described as an “open economy” because we are free to trade with other countries. But what are the benefits to the country for...

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What you need to know about the SBD

What you need to know about the “SBD” By CBSI Media  Article No. : 22/2020 It has been a common misconception that our currency code SBD stands for Solomon British Dollar, or Solomon Bokolo Dollar. The initial SBD is...

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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

19/04/2024
Last Week

12/04/2024
USD0.11660.1175
GBP0.0937
0.0936
EUR0.1095
0.1095
AUD0.18160.1799
NZD0.19750.1959
JPY18.0313217.99454
SDR0.08860.0888
CNY
0.84390.8503
Index116.70115.70