Economy of Solomon Islands

Economy of Solomon Islands
Statistics
GDP	$1.601 billion (nominal, 2023); $1.412 billion (PPP, 2018);
GDP growth	3.9% (2018) 2.7% (2019e); −6.7% (2020f) −0.3% (2021f);
GDP per capita	$2,187 (nominal, 2023 est.); $2,251 (PPP, 2018 est.);
Inflation (CPI)	2.664% (2018)
Human Development Index	0.564 medium (2022) (153rd); N/A IHDI (2018);
	Main data source: CIA World Fact Book ; All values, unless otherwise stated, are in US dollars.

A per capita GDP of $3,200 ranks Solomon Islands as a lesser developed nation. Over 75% of its labour force is engaged in subsistence farming and fishing.

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