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
(September 10, 2025)SBD $6,299m
Interest Rates
(July, 2025)
Deposit Rate0.49%
Lending Rate8.58%
Money Supply
(September 10, 2025)SBD $6,599m

Exchange Rates


Per
SBD

Today
18/09/25

Last Week
11/09/25
USD0.12180.1216
GBP0.08920.0899
EUR0.10290.1039
AUD0.1828
0.1839
NZD0.20400.2046
JPY17.8617.93
SDR0.08850.0886
CNY
0.86530.8661
Index111.60111.80