Country explorer: Solomon Islands
EXPERIMENTAL
2024
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Overview
Solomon Islands is a oceanic, lower-middle-income country in the Pacific with a very small population. Its economy has been volatile in recent decades, and is based on agriculture, fishing, forestry and tourism.
The Solomon Islands boasts stunning coral reefs and diverse marine life.
Economy
Solomon Islands has experienced modest economic growth with consistently low unemployment rates, a gradual increase in GDP per capita despite fluctuations, and persistent challenges with poverty and high inflation rates, indicating a slow but steady economic progression similar to its Pacific Island peers.
Demographics
The Solomon Islands have experienced significant demographic shifts, notably a steady population increase, reflecting a high but gradually declining fertility rate, in contrast to a consistent pattern of net emigration and improving life expectancy, trends that align them with other lower-middle-income countries yet highlight specific local dynamics and challenges in managing population growth and health outcomes.
Basic needs
Solomon Islands has made gradual progress in increasing access to electricity, but remains significantly behind its Pacific neighbors and lower-middle-income countries in access to clean cooking fuels and electricity, underscoring persistent challenges in basic needs provision.
Human development
The Solomon Islands has exhibited gradual improvements in human development indicators such as HDI, child mortality rate, and literacy rate, reflecting positive trends in education, health, and living standards, albeit at rates that align with broader patterns observed among lower-middle-income countries.
Environment & energy
Solomon Islands has experienced significant environmental shifts, notably reflected by increasing per capita CO2 emissions, slightly fluctuating electricity production from renewable sources, an abundant yet decreasing per capita renewable freshwater resource, and a gradually reducing forest area, illustrating challenges and efforts in managing natural resources and environmental sustainability, common to many island nations but exacerbated by its limited land area and dependency on natural resources.
Technology & innovation
Solomon Islands has seen a gradual yet impactful digital transformation, with a notable increase in internet usage and mobile connectivity, reflecting wider trends in technological adoption similar to its Pacific neighbors but at a pace indicative of its specific challenges and opportunities.
Culture & society
Solomon Islands has maintained a relatively stable and low percentage of its population being born abroad, indicative of limited immigration compared to its regional counterparts, alongside experiencing a decreasing but still high age dependency ratio, reflecting societal and demographic trends common among Pacific Island countries.
Governance
Solomon Islands has shown marked improvements in political civil liberties and a commitment to the rule of law, although challenges remain particularly in regard to perceptions of corruption, illustrating a governance landscape that is improving but still faces hurdles akin to its Pacific peers.