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Solomon Islands: Recent Economic Developments

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  • International Monetary Fund

Abstract

This report describes economic developments in the Solomon Islands during the 1990s. Developments in the real sector were dominated by a broad-based export boom, which stemmed, in large part, from a continuing increase in the rate of extraction of forestry resources. Although economic growth was spurred by surging fish exports in 1994–95, logging also made a significant contribution to growth, with log exports rising to a new record in 1995. Inflation eased somewhat in 1995, reflecting slowing import price increases and an increasing supply of local food crops.

Suggested Citation

  • International Monetary Fund, 1996. "Solomon Islands: Recent Economic Developments," IMF Staff Country Reports 1996/074, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:1996/074
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