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
(January, 2023) 9.0%
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
(March 22, 2023)SBD $5,389m
Interest Rates
(December, 2022)
Deposit Rate0.47%
Lending Rate9.60%
Money Supply
(March 22, 2023)SBD $5,752m

Exchange Rates

Per
SBD
Today
31/03/2023
Last Week
24/03/2023
USD0.12010.1201
GBP0.09700.0976
EUR0.11090.1106
AUD0.17910.1792
NZD0.19190.1917
JPY15.938515.7208
SDR0.08920.0891
CNY
0.82670.8206
Index113.7113.7