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Trading Basics

Solomon Islands

Capital
Honiara
Region
East Asia & Pacific
Income group
Lower middle income
Population
839,000 (2025)

At a glance

  • Prices in the Solomon Islands rose 3.4% in 2025, close to the middle of the range worldwide.
  • The Solomon Islands' economy grew 3.6% in 2025, close to the middle of the range worldwide.
  • Output per person in the Solomon Islands was US$2,086 in 2025, lower than in most countries.
  • 1.4% of the Solomon Islands' labour force had no job in 2025, a lower share than in most countries.
  • The Solomon Islands' central government owed 26.0% of GDP in 2024, less than in most countries with data.
  • The Solomon Islands had 839,000 people in 2025: about less than 0.1% of everyone on Earth, the 163rd largest population of 217 countries and territories.
  • The Solomon Islands had a current account deficit of 4.2% of GDP in 2024, lower than in most countries.

Consumer prices, change over the year (yearly average)

3.4%
World median 3.0%

Since 2000

Show the numbers
Inflation in Solomon Islands and the world median, last ten years
YearSolomon IslandsWorld median
20253.4%3.0%
20244.3%3.0%
20235.9%5.7%
20225.5%8.0%
2021−0.1%3.5%
20203.0%1.9%
20191.6%2.2%
20183.5%2.5%
20170.5%2.3%
20160.5%1.6%

Real GDP, change over the year

3.6%
World median 3.4%

Since 2000

Show the numbers
Economic growth in Solomon Islands and the world median, last ten years
YearSolomon IslandsWorld median
20253.6%3.4%
20243.0%3.4%
20232.8%3.2%
2022−2.6%4.3%
2021−0.2%5.1%
2020−3.4%−3.8%
20191.8%2.8%
20182.8%3.2%
20173.1%3.3%
20165.6%3.1%

GDP divided by population, in US dollars at current prices

US$2,086
World median US$7,882

Since 2000

Show the numbers
GDP per person in Solomon Islands and the world median, last ten years
YearSolomon IslandsWorld median
2025US$2,086US$7,882
2024US$1,934US$7,853
2023US$1,883US$7,862
2022US$1,878US$7,656
2021US$2,043US$7,269
2020US$2,063US$6,433
2019US$2,224US$7,037
2018US$2,278US$6,978
2017US$2,144US$6,548
2016US$2,083US$5,982

Share of the labour force without a job (ILO modelled estimate)

1.4%
World median 5.1%

Since 2000

Show the numbers
Unemployment in Solomon Islands and the world median, last ten years
YearSolomon IslandsWorld median
20251.4%5.1%
20241.4%5.1%
20231.4%5.2%
20221.5%5.3%
20210.9%6.0%
20200.9%6.4%
20190.8%5.4%
20180.7%5.4%
20170.7%5.6%
20160.7%5.9%

Central government debt, % of GDP

26.0%
World median 53.2%

Since 2011

Show the numbers
Government debt in Solomon Islands and the world median, last ten years
YearSolomon IslandsWorld median
202426.0%53.2%
202322.4%60.7%
202216.4%55.6%
202011.5%64.3%
20197.7%49.2%
20187.7%47.3%
20178.4%51.2%
20166.3%50.2%
20156.7%49.4%
20148.7%46.8%

Everyone living in the country, mid-year

839,000

Since 2000

Show the numbers
Population in Solomon Islands and the world median, last ten years
YearSolomon Islands
2025839,000
2024819,000
2023800,000
2022781,000
2021763,000
2020744,000
2019728,000
2018709,000
2017686,000
2016662,000

Current account balance, % of GDP

−4.2%
World median −1.3%

Since 2000

Show the numbers
Current account balance in Solomon Islands and the world median, last ten years
YearSolomon IslandsWorld median
2024−4.2%−1.3%
2023−11.8%−1.2%
2022−14.9%−3.0%
2021−5.0%−2.4%
2020−1.6%−1.7%
2019−9.5%−2.1%
2018−3.0%−2.9%
2017−4.3%−2.1%
2016−3.5%−2.8%
2015−2.8%−2.8%

About these figures

All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show the Solomon Islands since 2000 or since its first figure.

Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Government debt: International Monetary Fund, Government Finance Statistics; Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.