@Solomon Islands:Economy
Economy-overview: The bulk of the population depend on subsistence agriculture, fishing, and forestry for at least part of their 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. In recent years the government has poorly managed the country's finances. The new prime minister has vowed to cut expenditures and to promote the private sector to boost economic growth.
GDP: purchasing power parity-$1.27 billion (1997 est.)
GDP-real growth rate: 3.5% (1997 est.)
GDP-per capita: purchasing power parity-$3,000 (1997 est.)
GDP-composition by sector: agriculture: NA% industry: NA% services: NA%
Inflation rate-consumer price index: 11.8% (1996)
Labor force: total: 26,842 by occupation: services 41.5%, agriculture, forestry, and fishing 23.7%, commerce, transport, and finance 21.7%, construction, manufacturing, and mining 13.1% (1992 est.)
Unemployment rate: NA%
Budget: revenues: $147 million expenditures: $168 million, including capital expenditures of $NA (1997 est.)