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 (Source: SINSO)
(August, 2025) 5.5%
GDP: 2022
(Source: SINSO)
Constant Price: 2012
Real GDP
SBD$ 10,894.6m
Nominal GDP
SBD$ 12,774.5m
Real GDP Growth2.4%
Foreign Reserves
(October 22, 2025)SBD $6,389m
Interest Rates
(July, 2025)
Deposit Rate0.49%
Lending Rate8.58%
Money Supply
(October 22, 2025)SBD $6,772m

Exchange Rates


Per
SBD

Today
30/10/25

Last Week
23/10/25
USD0.12120.1212
GBP0.09180.0908
EUR0.10440.1044
AUD0.18410.1867
NZD0.21000.2110
JPY18.4818.40
SDR0.08890.0889
CNY
0.86040.8636
Index112.10112.40