Press Release: The Impact of Coronavirus on Solomon Islands Economy | Central Bank of Solomon Islands

The impact of Coronavirus on Solomon Islands Economy

The Central Bank of Solomon Islands (CBSI) wish to provide the following updates regarding the Corona Virus/COVID 19 impact on the national economy:

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Key Statistics

Inflation
(February, 2024)	4.8%
GDP 2022 Actual (Source: SINSO)	Constant Price: 2012
Real GDP	SBD$ 10,894.6m
Nominal GDP	SBD$ 12,774.5m
Real GDP Growth	2.4%
Foreign Reserves
(April 3, 2024)	SBD $5,689m
Interest Rates (December, 2023)
Deposit Rate	0.38%
Lending Rate	8.74%
Money Supply
(April 3, 2024)	SBD $5,842m

Exchange Rates

Per SBD	Today 26/04/2024	Last Week 19/04/2024
USD	0.1169	0.1166
GBP	0.09341	0.09374
EUR	0.1090	0.10954
AUD	0.17930	0.1816
NZD	0.19650	0.19750
JPY	18.1900	18.0313
SDR	0.08875	0.08863
CNY	0.84650	0.84390
Index	116.00	116.70