Economic Trivia

The Solomon Islands are rich in undeveloped minerals, such as lead, zinc, and gold.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2018): China, Australia, and Singapore
Top 3 Exported Goods (2018): Wood, Prepared Meats, and Fats & Oils

Top Industries Source: CIA World Factbook

Fish (Tuna); Mining; Timber

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $1,922,286,531 (2022)
GDP Growth Rate (annual %) -4.062% (2022)
GDP Per Capita, PPP (current international) $2,654 (2022)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 182/197 (2022)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 5.518% (2022)
External debt stocks, total (DOD, current US$) $483,164,953 (2021)
Total tax rate (% of commercial profits) 32% (2019)
Real Interest Rate (5 year average %) 3.975% (2021)
Manufacturing, value added (% of GDP) 9.681% (2020)
Current Account Balance (BoP, current US$) ($218,533,833) (2022)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 368,842 (2022)
Employment in Agriculture (% of total employment) 38.04% (2021)
Employment in Industry (% of total employment) 10.866% (2021)
Employment in Services (% of total employment) 51.094% (2021)
Unemployment Rate 1.543% (2022)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $765,157,558 (2022)
Exports of goods and services (current US$) $411,423,271 (2022)
Total Merchandise Trade (% of GDP) 61.227% (2022)
FDI, net inflows (BoP, current US$) $40,718,833 (2022)
Commercial Service Exports (current US$) $60,896,929 (2022)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Solomon Islands’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment


  1. The World Bank