Category: Article

Long Term Economic Growth

Long Term Economic Growth  By CBSI Media  Article No. : 05/2021 Last weekend we look at the topic Government Budget. This weekend we will focus on the topic Long-Term Economic Growth. In this topic we consider the sources of...

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UNEMPLOYMENT IN THE SOLOMON ISLANDS

Unemployment in the Solomon Islands By CBSI Media Article No. : 03/2021 In our previous article on unemployment we looked at the issues of unemployment. We learned that unemployment is usually classified according to the various...

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benefits of Trade

The benefits of trade By CBSI Media Article No. : 23/2020 The Solomon Islands economy would be best described as an “open economy” because we are free to trade with other countries. But what are the benefits to the country for...

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What you need to know about the SBD

What you need to know about the “SBD” By CBSI Media  Article No. : 22/2020 It has been a common misconception that our currency code SBD stands for Solomon British Dollar, or Solomon Bokolo Dollar. The initial SBD is...

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Key Statistics

Inflation
(November, 2024) 4.3%
GDP 2022 Actual
(Source: SINSO)
Constant Price: 2012
Real GDP
SBD$ 10,894.6m
Nominal GDP
SBD$ 12,774.5m
Real GDP Growth2.4%
Foreign Reserves
(October 2, 2024)SBD $5,585m
Interest Rates
(June, 2024)
Deposit Rate0.46%
Lending Rate8.23%
Money Supply
(October 23, 2024)SBD $5,937m

Exchange Rates


Per
SBD

Today
21/01/2025

Last Week
14/01/2025
USD0.11760.1174
GBP0.09570.0965
EUR0.11330.1150
AUD0.18800.1908
NZD0.2080
0.2112
JPY18.3218.50
SDR0.09060.0907
CNY
0.85590.8620
Index115.30115.80