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Solomon Islands
Solomon Islands Β· SLB Β· Oceania
25
Risk Score
Guardedβ Stable
Risk Factors
No recent events in pipeline
Overview
The Solomon Islands is a Pacific island nation facing significant development challenges and the impacts of climate change. The country's economy relies heavily on logging, fishing, and agriculture. Geopolitically, it has become a focal point for competition between major global powers, influencing its foreign policy and development trajectory.
Leadership
King Charles III
King (represented by Governor-General David Vunagi)
GOVERNMENT: Parliamentary Democracy (Constitutional Monarchy)
Jeremiah Manele
Peter Shanel Agovaka
Manasseh Sogavare
Economy
GDP
$2.0B
GDP per Capita
$2.5K
GDP Growth
+3.5%
Inflation
4.0%
Unemployment
15.0%
LoggingFishingAgriculture (Copra, Palm Oil)Mining (Gold)
Trade
Key Exports
Rough WoodProcessed FishPalm OilCopraGold
Key Imports
Refined PetroleumRiceMachineryMotor VehiclesBuilding Materials
Top Partners
ChinaAustraliaPhilippinesMalaysiaSingapore