Benefits of Trade

Benefits of Trade  By CBSI Media  Article No. : 06/2021 We would describe the Solomon Islands as an ‘’open’’ economy because we are free to trade with other countries. But what are the benefits to the country of engaging in...

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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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InSURANCE MUST BE INCLUSIVE

Insurance must be inclusive: Renbel The Central Bank of Solomon Islands (CBSI) has conducted its last and final insurance policy consultation program at Rennell and Bellona Province on Tuesday this week. This session follows...

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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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Key Statistics

Inflation
(January, 2025) 5.0%
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
(March 12, 2025)SBD $5,979m
Interest Rates
(December, 2024)
Deposit Rate0.47%
Lending Rate8.45%
Money Supply
(March 12, 2025)SBD $6,192m

Exchange Rates


Per
SBD

Today
20/03/2025

Last Week
13/03/2025
USD0.11840.1182
GBP0.09110.0912
EUR0.10860.1086
AUD0.18630.1870
NZD0.20370.2063
JPY17.608417.5217
SDR0.08880.0887
CNY
0.85660.8554
Index114.80115.00