Category: Media

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)
(July, 2025) 4.4%
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
(August 27, 2025)SBD $6,225m
Interest Rates
(July, 2025)
Deposit Rate0.49%
Lending Rate8.58%
Money Supply
(August 27, 2025)SBD $6,659m

Exchange Rates


Per
SBD

Today
12/09/25

Last Week
05/09/25
USD0.12170.1212
GBP0.08980.0902
EUR0.10380.1040
AUD0.1831
0.1858
NZD0.20410.2070
JPY17.9317.98
SDR0.08880.0887
CNY
0.86620.8653
Index111.70112.10