Resilience is a multi-faceted concept that traces its evolution based on the field of discipline wherein it was used. Various researchers have defined the term throughout the years according to their own expertise. This has impacted the development and evolution of the concept and how it was used in each specific discipline. One of the most recent and important use of the term is in the disaster paradigm. This paper traces the evolution of the definition of resilience and narrows it down to the disaster realm, eventually focusing on small islands as a socio-ecological system. It also discusses the relationship of resilience with vulnerability and enumerates the various tools and methods that have been used to measure both concepts. This review also presents an integration which identifies social, economic and ecological resilience as the different facets of disaster resilience of small islands. This paper reveals that there are gaps in defining disaster resilience of small islands through a socio-ecological systems approach. Moreover, there are few studies on using the participatory approach for determining indicators of disaster resilience which contributes to a research-policy gap in resilience studies. The paper recommends a strong future research direction on how to translate research findings into a tool that could help communities at the local level, especially those living in small islands.