FANDOM


Country summary

Capital

Honiara

Borders

(N/A)

Government type

parliamentary democracy and a Commonwealth realm

Population

595,613 (July 2010 est.)[1]

Population growth

2.392% (2010 est.)[1]

Life expectancy

73.69 years[1]

Unemployment

NA%[1]

Index of Economic Freedom

170[2]

Corruption Perceptions Index

111[3]

Doing Business ranking

104[4]


The UK established a protectorate over the Solomon Islands in the 1890s. Some of the most bitter fighting of World War II occurred on this archipelago. Self-government was achieved in 1976 and independence two years later. Ethnic violence, government malfeasance, and endemic crime 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.[1]

Economical characteristicsEdit

  • Currency: Solomon Islands dollar (ISO code: SBD)
  • Central bank discount rate: [1]
  • Commercial banks lending rate: 15.26% (31 December 2009 )[1]
  • Stock of money (M1): $86.96 million (31 December 2008)[1]
  • Quasi money (with M1 makes M2): $96.79 million (31 December 2008)[1]


StatisticsEdit

Statistic / Year 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
GDP (million USD)[5] 482 435 399 327 333 375 414 457 541 645
Govt. debt (% of GDP)[6]
Govt. revenue (% of GDP)[7]
Govt. expenses (% of GDP)[8]
Debt to revenue (years)

ReferencesEdit

Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 CIA - The World Facebook. "Solomon Islands", from The World Facebook. Referenced 2010-10-05.
  2. Heritage Foundation. "Solomon Islands", Economic Freedom Score. A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-10-05.
  3. Transparency International. "Solomon Islands", Corruption Perceptions Index 2009. A lower ranking is better; but please note that the numbers cannot be compared between countries or years due to different methodology. Referenced 2010-10-05.
  4. Doing Business. "Solomon Islands", Doing Business 2010 (part of The World Bank Group). A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-10-05.
  5. World Bank. "Solomon Islands: GDP", from World Bank Data. Referenced 2010-10-05.
  6. World Bank. "Solomon Islands: government debt", from World Bank Data. Referenced 2010-10-05.
  7. World Bank. "Solomon Islands: government revenue", from World Bank Data. Referenced 2010-10-05.
  8. World Bank. "Solomon Islands: government expenses", from World Bank Data. Referenced 2010-10-05.

External linksEdit

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