Category: Article

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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benefits of Trade

The benefits of trade By CBSI Media Article No. : 23/2020 The Solomon Islands economy would be best described as an “open economy” because we are free to trade with other countries. But what are the benefits to the country for...

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What you need to know about the SBD

What you need to know about the “SBD” By CBSI Media  Article No. : 22/2020 It has been a common misconception that our currency code SBD stands for Solomon British Dollar, or Solomon Bokolo Dollar. The initial SBD is...

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How to protect yourself from lottery scam

How to protect yourself from lottery scam By CBSI media Article No. : 21/2020 Lottery scams follow a definite pattern. In almost every case, you’ll be contacted with the news that you’ve won a lottery prize. What happens next,...

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Key Statistics

Inflation
(July, 2021) -0.7%
GDP (2017)
Actual (source: SINSO)
Constant 2012 prices
Real GDP
SBD$ 10,547m
Nominal GDP
SBD$ 11,703m
Real GDP Growth5.3%
Foreign Reserves
(September 15, 2021)SBD $5,814m
Interest Rates
(March, 2021)
Deposit Rate0.53%
Lending Rate10.44%
Money Supply
(September 15, 2021)SBD $5,689m

Exchange Rates

Per
SBD
Today
24/09/2021
Last Week
17/09/2021
USD0.12400.1242
GBP0.09030.0901
EUR0.10560.1056
AUD0.16980.1705
NZD0.17520.1758
JPY13.667013.6235
CNY0.80120.8004
SDR0.08730.0873
Index108.50108.60

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