ADB Approves $21.02 Billion in Financing in 2013

The substantial lending volume reflects Asia’s continued need for development assistance, despite impressive growth and poverty reduction efforts in recent years. Read More

Pacific Growth to Pick Up in 2014

Economic growth in the Pacific is projected to rise to 5.4% in 2014 from 4.8% in 2013, according to ADB's latest Asian Development Outlook 2014, launched in Sydney. Read More

Developing Asia To Extend Steady Growth in 2014

Higher demand from recovering advanced economies will be dampened somewhat by moderating growth in the PRC, says new ADB report. Read More

Middle-income Trap Holds Back Asia's Potential New Tiger Economies

Moving from a low-cost to a high-value economy requires innovative companies, an improved education system, and government incentives. Read More

Overview

Creating an enabling environment for sustainable economic growth remains a challenge for Solomon Islands.

ADB’s operational strategy in Solomon Islands seeks to reduce poverty by promoting equitable private sector-led economic growth through assistance in three core sectors: transport and information and communication technology; public sector management; and energy.

Fast Facts

0.55 (2012)
Population in millions

2.3% (2010-2012)
Annual population growth rate

22.7% (2006)
Population living below the national poverty line

ADB Lending

Amount ($M) / %
Sector (No. of loans)
20.22 / 22.51
Agriculture (4)
 
8.91 / 9.92
Energy (2)
 
4.00 / 4.45
Finance (2)
 
26.00 / 28.95
Public Sector (2)
 
18.53 / 20.63
Transport and ICT (4)
 
1.65 / 1.84
Water Supply (1)
 
10.50 / 11.69
Multisector (2)
 
89.81 / 100.00
TOTAL (17)
Cumulative as of 31 December 2012