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Solomon Islands Economy


Economy - overview
:the bulk of the population depends on agriculture. fishing. and forestry for at least part of their livelihood. most manufactured goods and petroleum products must be imported. the islands are rich in undeveloped mineral resources such as lead. zinc. nickel. and gold. prior to the arrival of the regional assistance mission to the solomon islands (ramsi). severe ethnic violence. the closing of key businesses. and an empty government treasury culminated in economic collapse. ramsi has enabled a return to law and order. a new period of economic stability. and modest growth as the economy rebuilds.

GDP (purchasing power parity)
: $800 million (2002 est.)

Inflation rate:
10% (2003 est.)


Labor force
: 26.840 (1999)

Industries: fish (tuna). mining. timber

Solomon Islands

 

 
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Solomon Islands Oil - production, Solomon Islands Electricity - production, Solomon Islands Labor force, Solomon Islands Economy - overviewSolomon Islands More Facts
Electricity - production: 55 million kwh (2003)

Oil - production
: 0 bbl/day (2003 est.)

Solomon Islands Oil - production, Solomon IslandsElectricity - production, Solomon Islands Labor force, Solomon Islands Economy - overviewSolomon Islands More Facts

Exports: $171 million f.o.b. (2004 est.)

Imports
: $159 million f.o.b. (2004 est.)
Currency (code) : solomon islands dollar (sbd)

Page Keywords: Solomon Islands Oil - production, Solomon Islands Electricity - production, Solomon Islands Labor force, Solomon Islands Economy - overview
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