Nomad Watch
SB

Solomon Islands

SB · SLB · #139 · 5 cities

Nomad score 36/100 Compare

Key indicators

GDP per capita (PPP) (2031)
$3,732
GDP (2031)
$2.5B
GDP growth (2031)
3.0% →
Inflation (2031)
3.0% ↑
Unemployment (2025)
1.4% ↓
Population (2031)
889.0K
Population growth (2031)
1.7% ↓
Gini index (2012)
37.1
Government debt (2031)
34.9% of GDP
Current account (2031)
-4.8% of GDP
FDI inflows (2024)
$33.0M
Life expectancy (2024)
70.7 yrs
Health spending (2023)
5.4% of GDP
Internet users (2024)
29.0%
Mobile subscriptions (2022)
62.1/100
Trade openness (2024)
111.4% of GDP
Exchange rate (2025)
8.33/USD
Foreign reserves (2024)
$685.8M
Source: World Bank + IMF World Economic Outlook. Most recent data: 2031.

GDP overview

Nominal GDP and real growth. Dashed = IMF forecast.

GDP per capita (PPP)

Purchasing power parity adjusted, in international dollars

Inflation (CPI)

Unemployment

ILO modeled estimate

Population

Fiscal and trade

Government debt (2031)
34.9% of GDP
Current account (2031)
-4.8% of GDP
FDI inflows (2024)
$33.0M

Income inequality (Gini)

Gini index (2012)
0.37
Assessment
Moderate inequality
Source: World Bank PIP via OWID. 0 = perfect equality, 1 = maximum inequality.

Business environment

New business density (2018)
1.09/1k
Tax revenue (2024)
23.3% of GDP
Services sector (2024)
46.9% of GDP

Financial access and costs

ATMs per 100k (2024)
11.6
Bank branches per 100k (2024)
3.5
ICT service exports (2024)
1.9%
Goods and services tax (2024)
14.0%

Historical data

Historical economic data
Year GDP GDP/cap PPP Growth Inflation Unemp. Population Gini Debt Curr. acct FDI Life exp. Health Internet FX rate
2031 * $2.5B $3,732 3.0% 3.0% - 889.0K - 34.9% -4.8% - - - - -
2030 * $2.4B $3,570 3.0% 2.9% - 874.0K - 34.1% -4.8% - - - - -
2029 * $2.2B $3,409 3.0% 2.6% - 858.0K - 33.4% -4.9% - - - - -
2028 * $2.1B $3,256 3.0% 2.5% - 843.0K - 32.5% -5.0% - - - - -
2027 * $1.9B $3,112 2.9% 2.5% - 828.0K - 31.3% -4.9% - - - - -
2026 * $1.8B $2,986 2.8% 3.2% - 813.0K - 29.9% -4.6% - - - - -
2025 $1.7B $2,788 2.7% 3.4% 1.4% 798.0K - 28.7% -1.0% - - - - 8.33
2024 $1.6B $2,679 3.0% 4.2% 1.4% 783.0K - 26.1% -4.2% $33.0M 70.7 - 29.0% 8.45
2023 $1.5B $2,599 2.8% 5.1% 1.4% 769.0K - 22.3% -11.4% $78.9M 70.5 5.4% 28.7% 8.38
2022 $1.5B $2,496 -2.6% 5.4% 1.5% 754.0K - 16.5% -14.6% $40.7M 70.4 4.8% 28.0% 8.16
2021 $1.6B $2,450 -0.2% 0.2% 0.9% 740.0K - 16.1% -5.0% $27.9M 68.9 5.0% 26.0% 8.03
2020 $1.5B $2,406 -3.4% 2.9% 0.9% 725.0K - 9.1% -1.6% $9.0M 69.3 4.9% 24.2% 8.21
2019 $1.6B $2,512 1.7% 2.2% 0.8% 711.0K - 7.8% -9.5% $32.8M 70.0 4.4% 22.5% 8.17
2018 $1.6B $2,494 2.7% 3.6% 0.7% 695.0K - 7.9% -3.0% $25.0M 69.8 3.9% 20.9% 7.95
2017 $1.5B $2,454 3.1% 0.5% 0.7% 679.0K - 8.8% -4.3% $42.9M 69.7 4.2% 15.2% 7.89
2016 $1.4B $2,421 5.6% 0.5% 0.7% 663.0K - 7.5% -3.7% $37.3M 69.5 4.5% 11.0% 7.95
2015 $1.3B $2,354 1.7% -0.6% 0.7% 647.0K - 7.9% -2.7% $32.2M 69.3 4.5% 10.0% 7.91
2014 $1.3B $2,377 1.2% 5.3% 0.7% 631.0K - 10.1% -3.7% $21.0M 69.0 4.9% 9.0% 7.38
2013 $1.3B $2,394 5.3% 5.2% 0.7% 615.0K - 11.6% -2.1% $53.4M 69.0 4.6% 8.0% 7.30
2012 $1.2B $2,320 2.4% 5.9% 1.0% 599.0K 37.1 13.3% 2.2% $23.9M 69.0 4.9% 7.0% 7.36
2011 $1.1B $2,306 7.4% 7.4% 1.3% 583.0K - 18.1% -1.9% $120.1M 68.8 5.0% 6.0% 7.64
2010 $898.0M $2,182 9.7% 0.9% 1.6% 567.0K - 21.6% -16.0% $165.9M 68.7 4.7% 5.0% 8.06
2009 $806.0M $2,021 2.9% 7.2% 2.0% 552.0K - 17.2% -7.4% $48.6M 68.4 6.6% 4.0% 8.06
2008 $776.0M $1,989 6.2% 17.3% 2.0% 537.0K - 26.1% -9.9% $75.2M 68.3 5.5% 3.0% 7.75
2007 $695.0M $1,869 3.6% 7.7% 2.0% 523.0K - 29.5% -11.5% $86.0M 67.9 7.2% 2.0% 7.65
2006 $617.0M $1,786 4.1% 11.2% 1.9% 509.0K - 36.9% -6.8% $44.3M 68.0 8.0% 1.7% 7.61
2005 $553.0M $1,693 7.4% 7.5% 1.9% 495.0K 46.1 38.5% -5.2% $548,149 67.8 9.0% 0.8% 7.53
Source: World Bank + IMF World Economic Outlook. * = IMF forecast.

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