Year: 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
(March, 2024) 5.0%
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 24, 2024)SBD $5,677m
Interest Rates
(December, 2023)
Deposit Rate0.38%
Lending Rate8.74%
Money Supply
(April 24, 2024)SBD $5,915m

Exchange Rates

Per
SBD
Today

07/05/2024

Last Week
30/04/2024
USD0.11750.1172
GBP0.0935
0.0933
EUR0.1091
0.1093
AUD0.17750.1785
NZD0.19540.1961
JPY18.055618.3172
SDR0.08890.0889
CNY
0.847100.8479
Index115.1115.6