Asian Development Outlook 2009 Update: Solomon Islands
The economy has been hit by the global downturn as well as by bad weather in 2009. Exports (mainly logs), fish, palm oil, and copra fell by 11% in value in the first quarter of this year. Logging volumes dropped sharply in the first half and look likely to fall by about 30% to 1.1 million cubic meters in 2009. GDP is expected to be flat in 2009, revised from an expansion of 2.2% projected in ADO 2009.

