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Solomon Islands

Solomon Islands Β· SLB Β· Oceania

25

Risk Score

Guarded→ 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