559198
Melanesian pidgin (in much of the country is lingua franca), English (official but spoken by only 1%-2% of the population), 120 indigenous languages
HONIARA (capital) 73,000 (2014)
- Conventional long form
- none
- Conventional short form
- Solomon Islands
- Local long form
- none
- Local short form
- Solomon Islands
parliamentary democracy (National Parliament) under a constitutional monarchy; a Commonwealth realm
- Name
- Honiara
- Geographic coordinates
- 9 26 S, 159 57 E
- Time difference
- UTC+11 (16 hours ahead of Washington, DC, during Standard Time)
has not submitted an ICJ jurisdiction declaration; non-party state to the ICCt
The bulk of the population depends on agriculture, fishing, and forestry for at least part of its livelihood. Most manufactured goods and petroleum products must be imported. The islands are rich in undeveloped mineral resources such as lead, zinc, nickel, and gold. Prior to the arrival of The Regional Assistance Mission to the Solomon Islands (RAMSI), severe ethnic violence, the closure of key businesses, and an empty government treasury culminated in economic collapse. RAMSI's efforts to restore law and order and economic stability have led to modest growth as the economy rebuilds.
- Inflation
- -0.559%
- External debt stocks
- US$ 207,463,000
- Total tax rate (% of commercial profits)
- 32.0%
- Real Interest Rate
- 9.385%
- Manufacturing, value added (% of GDP)
- 3.765%
- Current Account Balance
- US$ -36,072,913
- Labor Force, Total
- 245,443
- Employment in Agriculture
- %
- Employment in Industry
- %
- Employment in Services
- %
- Unemployment Rate
- 31.43%
- Imports of goods and services
- US$ 615,648,426
- Exports of goods and services
- US$ 520,455,557
- Total Merchandise Trade
- 70.29%
- FDI, net inflows
- US$ 32,222,729
- Commercial Service Exports
- US$ 99,323,521
cocoa, coconuts, palm kernels, rice, fruit; cattle, pigs; fish; timber
fish (tuna), mining, timber
- Commodities
- timber, fish, copra, palm oil, cocoa
- Partners
- China 59.8%, India 8.9%, Italy 5.7% (2015)
- Commodities
- food, plant and equipment, manufactured goods, fuels, chemicals
- Partners
- Australia 25%, China 18.6%, Malaysia 6.4%, Singapore 5.9%, Fiji 4.7%, NZ 4.7%, Papua New Guinea 4.6% (2015)