Economics and statistics

Solomon Islands is a small island economy with a high dependence on commodity exports and foreign aid.

The basis of income is formed by logging/export of lumber, fishing (licenses and processing), agriculture (copra, cocoa, palm oil), as well as episodic mining.

Currency - Solomon Dollar (SBD); the economy is import-dependent on fuel, machinery and a significant share of food.

The service sector is the largest in employment (public sector, trade, transport), but tourism is limited due to remoteness and infrastructure costs.

Macro vulnerabilities: fluctuations in world commodity prices, natural disasters, logistics costs and environmental risks of excessive logging.

Mobile payments and communications are developing, but digital inclusion is heterogeneous between islands.

There is no gambling sector: there are no land-based casinos, there is no local online licensing either, so the contribution of gambling to GDP and budget is negligible/zero.

The priorities of the state are export diversification, sustainable forest management and fishing, basic infrastructure and increasing resilience to climate risks.