This paper presents an overview of Solomon Islands' economy. Although Solomon Islands is a small island state, low-income country that is severely affected by external shocks, including commodity price declines, natural disasters, and climate change, it has achieved considerable gains in terms...

This 2017 Article IV Consultation highlights that the economy of the Solomon Islands grew by 3.5 percent in 2016 driven by a peak in the forestry sector. Growth remained solid in 2017 and is projected at 3.0 for 2018, buoyed by infrastructure spending, fisheries and agriculture, although logging...

Solomon Islands has made substantial progress since the Tensions in the early 2000s but faces considerable economic and governance challenges and is highly vulnerable to natural disasters. The logging industry confronts depletion and new sources of growth are needed. Governance challenges are...

This 2019 Article IV Consultation with the Solomon Islands highlights that the country has made substantial progress since the Tensions in the early 2000s but faces considerable economic and governance challenges and is highly vulnerable to natural disasters. Finding new sources of growth is...

KEY ISSUESContext: Solomon Islands has achieved considerable gains in development andmacroeconomic stability in recent years. However, the country is at an importantjuncture—with both security and development assistance being scaled down by donors,it needs to become more self-reliant. In...

This 2023 Article IV Consultation highlights that the economy is recovering from multiple shocks in the past three years, but the recovery is still fragile in the Solomon Islands. Near-term fiscal policy should focus on prudent execution of the 2023 budget, followed by rebuilding of the...