sb Solomon Islands 2021

Detailed economic analysis and indicators for 2021

Year 2021

Key Economic Indicators (2021)

GDP (Current USD)

$1.52 billion

↓ 0.87% vs 2020
GDP per Capita

$1,996.87

↓ 3.22% vs 2020
GDP Growth (Annual %)

2.56%

↑ 5.95pp vs 2020
Inflation Rate (CPI %)

-0.12%

↓ 3.08pp vs 2020

Year-over-Year Comparison

Indicator 2020 2021 Change
GDP (Current USD) $1.54 billion $1.52 billion -0.87%
GDP per Capita $2,063.33 $1,996.87 -3.22%
GDP Growth (Annual %) -3.38% 2.56% +5.95pp
Inflation (CPI %) 2.96% -0.12% -3.08pp
Unemployment Rate (%) 0.86% 0.88% +0.02pp

All Economic Indicators (2021)

National Accounts
GDP (Current USD)
$1.52 billion
GDP per Capita
$1,996.87
GDP Growth (Annual %)
2.56%
Gross National Income
$1.54 billion
Prices & Employment
Inflation (CPI %)
-0.12%
Inflation (GDP Deflator %)
-5.50%
Unemployment Rate (%)
0.88%
Interest Rate (Real %)
11.30%
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)
-5.13%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2021, Solomon Islands's Gross Domestic Product (GDP) is $1.52 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Solomon Islands for 2021 is $1,996.87. 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 2021 is -0.12%. This measures the annual percentage change in the cost of consumer goods and services.

Solomon Islands's annual GDP growth rate for 2021 is 2.56%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Solomon Islands for 2021 is 0.88%. This represents the percentage of the labor force that is unemployed and actively seeking employment.