read damage to the infrastructure. In 1993, the government was
working with the IMF to develop a structural adjustment program to
address the country's fiscal deficit.
National product:
GDP - purchasing power equivalent - $900 million (1991 est.)
National product real growth rate:
1.8% (1991 est.)
National product per capita:
$2,500 (1991 est.)
Inflation rate (consumer prices):
13% (1992 est.)
Unemployment rate:
NA%
Budget:
revenues:
$48 million
expenditures:
$107 million, including capital expenditures of $45 million (1991
est.)
Exports:
$84 million (f.o.b., 1991)
commodities:
fish 46%, timber 31%, palm oil 5%, cocoa, copra
partners:
Japan 39%, UK 23%, Thailand 9%, Australia 5%, US 2% (1991)
Imports:
$110 million (c.i.f., 1991)
commodities:
plant and machinery manufactured goods, food and live animals, fuel
partners:
Australia 34%, Japan 16%, Singapore 14%, NZ 9%
External debt:
$128 million (1988 est.)
Industrial production:
growth rate -3.8% (1991 est.); accounts for 5% of GDP
Electricity:
capacity:
21,000 kW
production:
39 million kWh
consumption per capita:
115 kWh (1990)
Industries:
copra, fish (tuna)
Agriculture:
including fishing and forestry, accounts for 31% of GDP; mostly
subsistence farming; cash crops - cocoa, beans, coconuts, palm
kernels, timber; other products - rice, potatoes, vegetables, fruit,
cattle, pigs; not self-sufficient in food grains; 90% of the total
fish catch of 44,500 metric tons was exported (1988)
Economic aid:
recipient:
Western (non-US) countries, ODA and OOF bilateral commitments
(1980-89), $250 million
Currency:
1 Solomon Islands dollar (SI$) = 100 cents
Exchange rates:
Solomon Islands dollars (SI$) per US$1 - 3.2383 (November 1993),
2.9281 (1992), 2.7148 (1991), 2.5288 (1990), 2.2932 (1989)
Fiscal year:
calendar year
@Solomon Islands, Communications
Highways:
total:
1,300 km
paved:
30 km
unpaved:
gravel 290 km; earth 980 km
note:
in addition, there are 800 km of private logging and plantation roads
of varied construction (1982)
Ports:
Honiara, Ringi Cove
Airports:
total:
31
usable:
30
with permanent-surface runways:
2
with runways over 3,659 m:
0
with runways 2,440-3,659 m:
0
with runways 1,220-2,439 m:
4
Telecommunications:
3,000 telephones; broadcast stations - 4 AM, no FM, no TV; 1 Pacific
Ocean INTELSAT earth station
@Solomon Isl
|