sb Solomon Islands 2016

Detailed economic analysis and indicators for 2016

Year 2016

Key Economic Indicators (2016)

GDP (Current USD)

$1.38 billion

↑ 5.47% vs 2015
GDP per Capita

$2,082.63

↑ 1.82% vs 2015
GDP Growth (Annual %)

5.55%

↑ 3.88pp vs 2015
Inflation Rate (CPI %)

0.51%

↑ 1.09pp vs 2015

Year-over-Year Comparison

Indicator 2015 2016 Change
GDP (Current USD) $1.31 billion $1.38 billion +5.47%
GDP per Capita $2,045.48 $2,082.63 +1.82%
GDP Growth (Annual %) 1.68% 5.55% +3.88pp
Inflation (CPI %) -0.57% 0.51% +1.09pp
Unemployment Rate (%) 0.74% 0.73% 0.00pp

All Economic Indicators (2016)

National Accounts
GDP (Current USD)
$1.38 billion
GDP per Capita
$2,082.63
GDP Growth (Annual %)
5.55%
Gross National Income
$1.34 billion
Prices & Employment
Inflation (CPI %)
0.51%
Inflation (GDP Deflator %)
0.34%
Unemployment Rate (%)
0.73%
Interest Rate (Real %)
9.72%
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)
-3.54%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2016, Solomon Islands's Gross Domestic Product (GDP) is $1.38 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Solomon Islands for 2016 is $2,082.63. 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 2016 is 0.51%. This measures the annual percentage change in the cost of consumer goods and services.

Solomon Islands's annual GDP growth rate for 2016 is 5.55%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Solomon Islands for 2016 is 0.73%. This represents the percentage of the labor force that is unemployed and actively seeking employment.