ars arranged in an X pattern; the lower triangle is
green
Government - note:
by the end of 2007, the Regional Assistance Mission to the Solomon
Islands (RAMSI) - originally made up of police and troops from
Australia, NZ, Fiji, Papua New Guinea, and Tonga - had been scaled
back to 303 police officers, 197 civilian technical advisers, and 72
military advisers from 15 countries across the region
Economy
Solomon Islands
Economy - overview:
The bulk of the population depends on agriculture, fishing, and
forestry for at least part of its livelihood. Most manufactured
goods and petroleum products must be imported. The islands are rich
in undeveloped mineral resources such as lead, zinc, nickel, and
gold. Prior to the arrival of the Regional Assistance Mission to the
Solomon Islands (RAMSI), severe ethnic violence, the closing of key
businesses, and an empty government treasury culminated in economic
collapse. RAMSI's efforts to restore law and order and economic
stability have led to modest growth as the economy rebuilds.
GDP (purchasing power parity):
$948 million (2007 est.)
GDP (official exchange rate):
$358 million (2007 est.)
GDP - real growth rate:
5.4% (2007 est.)
GDP - per capita (PPP):
$1,900 (2007 est.)
GDP - composition by sector:
agriculture: 42%
industry: 11%
services: 47% (2000 est.)
Labor force:
249,200 (1999)
Labor force - by occupation:
agriculture: 75%
industry: 5%
services: 20% (2000 est.)
Unemployment rate:
NA%
Population below poverty line:
NA%
Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%
Budget:
revenues: $49.7 million
expenditures: $75.1 million (2003)
Fiscal year:
calendar year
Inflation rate (consumer prices):
6.3% (2007 est.)
Commercial bank prime lending rate:
14.12% (31 December 2007)
Stock of money:
$118.3 million (31 December 2007)
Stock of quasi money:
$57.89 million (31 December 2007)
Stock of domestic credit:
$126.9 million (31 December 2007)
Agriculture - products:
cocoa beans, coconuts, palm kernels, rice, potatoes, vegetables,
fruit; timber; cattle, pigs; fish
Industries:
fish (tuna), mining, timber
Industrial production growth rate:
NA%
Electricity - production:
70 million kWh (2007 est.)
Electricity - consumption:
70 million kWh (2007 est.)
Electricity - exports:
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