Indicators of economy on the Solomon Islands

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.922 US Dollar per capita. In contrast, the GDP on the Solomon Islands reached 2.258 US dollars per inhabitant, or 1.55 bn US Dollar in the whole country. The Solomon Islands are currently ranked 185 among the international economies and are therefore one of the less significant. If this is calculated per inhabitant taking into account purchasing power parity, the Solomon Islands are placed on rank 154 in the list of the world's richest countries.

Inflation on the Solomon Islands was in 2020 at around 2.96%. For the the EU, the average of the same was year at 0.51%.

Compared to Germany, the prices of daily necessities are approximately 6.23% higher.
The Corruption Perceptions Index for the public sector counts 42 and is compared to other countries bad.


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