ADB's Work in Solomon Islands
Shareholding and Voting Power
Number of shares held:
708 (0.007% of total shares)
39,822 (0.299% of total membership, 0.460% of total regional membership)
Overall capital subscription:
Paid-in capital subscription:
Solomon Islands covers about 28,000 square kilometers of Melanesia in the South Pacific, with around 85% of the population living in villages of just a few hundred people each.
ADB has been supporting Solomon Islands since 1973. While economic growth in the country has been broadly steady, it has been reliant on temporary drivers, including unsustainable logging. Solomon Islands faces the challenge of developing new sources of growth to address employment and income challenges. Prospects rest on the private sector and developments in mining, agriculture, fishing, and tourism.
Children playing in a beach on the outskirts of Honiara.
Since 1973, ADB has committed loans totaling $174.4 million, grants of $219.0 million, and technical assistance worth $32.3 million for Solomon Islands. Cumulative loan and grant disbursements to Solomon Islands from concessional ordinary capital resources, the Asian Development Fund, and other special funds amount to $169.1 million.