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
(September, 2024)	4.0%
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
(October 2, 2024)	SBD $5,585m
Interest Rates (June, 2024)
Deposit Rate	0.46%
Lending Rate	8.23%
Money Supply
(October 23, 2024)	SBD $5,937m

Exchange Rates

Per SBD	Today 21/11/2024	Last Week 14/11/2024
USD	0.1190	0.1189
GBP	0.0940	0.0935
EUR	0.1128	0.1108
AUD	0.1828	0.1830
NZD	0.2022	0.2017
JPY	18.4900	18.4600
SDR	0.0906	0.0902
CNY	0.8621	0.8598
Index	114.30	114.30