Solomon Islands 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$1.54 billion
↓ 5.13% vs 2019GDP per Capita
$2,063.33
↓ 7.21% vs 2019GDP Growth (Annual %)
-3.38%
↓ 5.13pp vs 2019Inflation Rate (CPI %)
2.96%
↑ 1.33pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $1.62 billion | $1.54 billion | -5.13% |
| GDP per Capita | $2,223.67 | $2,063.33 | -7.21% |
| GDP Growth (Annual %) | 1.75% | -3.38% | -5.13pp |
| Inflation (CPI %) | 1.63% | 2.96% | +1.33pp |
| Unemployment Rate (%) | 0.74% | 0.86% | +0.12pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $1.54 billion
- GDP per Capita
- $2,063.33
- GDP Growth (Annual %)
- -3.38%
- Gross National Income
- $1.57 billion
Prices & Employment
- Inflation (CPI %)
- 2.96%
- Inflation (GDP Deflator %)
- -1.33%
- Unemployment Rate (%)
- 0.86%
- Interest Rate (Real %)
- 12.17%
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)
- -1.63%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Solomon Islands's Gross Domestic Product (GDP) is $1.54 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Solomon Islands for 2020 is $2,063.33. 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 2020 is 2.96%. This measures the annual percentage change in the cost of consumer goods and services.
Solomon Islands's annual GDP growth rate for 2020 is -3.38%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Solomon Islands for 2020 is 0.86%. This represents the percentage of the labor force that is unemployed and actively seeking employment.