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The UK established a protectorate over the Solomon Islands in the 1890s. Some of the bitterest fighting of World War II occurred on this archipelago. Self-government was achieved in 1976 and independence two years later. Ethnic violence, government malfeasance, endemic crime, and a narrow economic base have undermined stability and civil society. In June 2003, then Prime Minister Sir Allan KEMAKEZA sought the assistance of Australia in reestablishing law and order; the following month, an Australian-led multinational force arrived to restore peace and disarm ethnic militias. The Regional Assistance Mission to the Solomon Islands (RAMSI) has generally been effective in restoring law and order and rebuilding government institutions.

Location

Oceania, group of islands in the South Pacific Ocean, east of Papua New Guinea

Natural Resources

fish, forests, gold, bauxite, phosphates, lead, zinc, nickel

Population - distribution

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)
Country Risk Rating
Business Climate Rating

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