Month: May 2021

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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Key Statistics

Inflation
(April, 2022) -0.8%
GDP (2020)
Actual (source: SINSO)
Constant 2012 prices
Real GDP
SBD$ 10,373.1m
Nominal GDP
SBD$ 12,617.0m
Real GDP Growth-3.4%
Foreign Reserves
(June 15, 2022)SBD $5,461m
Interest Rates
(March, 2022)
Deposit Rate0.48%
Lending Rate10.05%
Money Supply
(June 15, 2022)SBD $5,552m

Exchange Rates

Per
SBD
Today
06/07/2022
Last Week
98/06/2022
USD0.12160.1222
GBP0.10190.1002
EUR0.11880.1162
AUD0.17920.1767
NZD0.19760.1956
JPY16.523016.6385
SDR0.09200.0916
CNY
0.81510.8176
Index113.50112.50

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