Solomon Islands 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$1.63 billion
↑ 4.27% vs 2022GDP per Capita
$2,041.64
↑ 1.81% vs 2022GDP Growth (Annual %)
3.08%
↑ 0.68pp vs 2022Inflation Rate (CPI %)
5.89%
↑ 0.37pp vs 2022Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $1.57 billion | $1.63 billion | +4.27% |
| GDP per Capita | $2,005.41 | $2,041.64 | +1.81% |
| GDP Growth (Annual %) | 2.40% | 3.08% | +0.68pp |
| Inflation (CPI %) | 5.52% | 5.89% | +0.37pp |
| Unemployment Rate (%) | 1.48% | 1.46% | -0.03pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $1.63 billion
- GDP per Capita
- $2,041.64
- GDP Growth (Annual %)
- 3.08%
- Gross National Income
- $1.66 billion
Prices & Employment
- Inflation (CPI %)
- 5.89%
- Inflation (GDP Deflator %)
- 3.89%
- Unemployment Rate (%)
- 1.46%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -10.91%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Solomon Islands's Gross Domestic Product (GDP) is $1.63 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Solomon Islands for 2023 is $2,041.64. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Solomon Islands for 2023 is 5.89%. This measures the annual percentage change in the cost of consumer goods and services.
Solomon Islands's annual GDP growth rate for 2023 is 3.08%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Solomon Islands for 2023 is 1.46%. This represents the percentage of the labor force that is unemployed and actively seeking employment.