Benefits of Trade

Benefits of Trade  By CBSI Media  Article No. : 06/2021 We would describe the Solomon Islands as an ‘’open’’ economy because we are free to trade with other countries. But what are the benefits to the country of engaging in...

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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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InSURANCE MUST BE INCLUSIVE

Insurance must be inclusive: Renbel The Central Bank of Solomon Islands (CBSI) has conducted its last and final insurance policy consultation program at Rennell and Bellona Province on Tuesday this week. This session follows...

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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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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