MultiEducator · Nation by Nation
HistoryCentral Est. 1996
Flag of Solomon Islands
flag — Solomon Islands
Nation by Nation

Solomon Islands

Economy

$1.6 billion
GDP
World Bank · 2024
$1,934
GDP / Capita
World Bank · 2024
+3.0%
GDP Growth
World Bank · 2024
1.4%
Unemployment
World Bank · 2024

The Solomon Islands is a poor, aid-dependent Melanesian nation whose economy relies on logging, fishing, agriculture, and foreign assistance, having struggled with ethnic conflict and weak institutions.

Timber has long been a leading export, though at unsustainable rates, and the country has become a focus of geopolitical competition between China and Western powers in the Pacific.

Key Sectors

The economy rests on logging and timber (a major but declining export), fishing, agriculture (palm oil, copra, cocoa), and foreign aid, with mineral potential largely undeveloped.

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