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
(May, 2024) 3.6%
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
(July 10, 2024)SBD $5,612m
Interest Rates
(March, 2024)
Deposit Rate0.33%
Lending Rate8.79%
Money Supply
(July 10, 2024)SBD $5,863m

Exchange Rates


Per
SBD

Today
18/07/2024

Last Week
11/07/2024
USD0.11870.1184
GBP0.0913
0.0923
EUR0.10860.1094
AUD0.17630.1756
NZD0.19540.1944
JPY18.610019.1400
SDR0.08940.0897
CNY
0.86190.8614
Index114.30114.4