Bhutan vs the Solomon Islands: Economic Indicators Comparison

Bhutan with a GDP of $2.4B ranked the 172nd largest economy in the world, while the Solomon Islands ranked 182nd with $1.4B. By GDP 5-years average growth and GDP per capita, Bhutan and the Solomon Islands ranked 23rd vs 90th and 129th vs 145th, respectively.

Gross Domestic Product & Income

StatBhutanSolomon Islands
GDP$2.4B$1.4B
GDP growth, 1 year5.8%3.4%
GDP growth, 5-years average6.1%3%
Population808k611k
GDP per capita$3.2k$2.1k
GDP per capita growth1.82%1.18%
Purchasing Power Parity conversion factor21.817.02
Price level ratio of PPP conversion factor GDP to market exchange rate0.320.88
GDP per capita, PPP adjusted$9.5k$2.2k
GNI, Atlas method$2.2B$1.3B
GNI per capita$3k$2k
GNI, PPP adjusted$7B$1.5B
GNI per capita, PPP adjusted$9.3k$2.3k

Financial system and Human development

StatBhutanSolomon Islands
Income Tax Rate25%40%
Corporate Tax Rate30%30%
Inflation, consumer prices3.6%1%
Inflation, GDP deflator1.8%3.5%
Unemployment2.2%1.8%
Economic Freedom Index62.152.9
Personal Freedom Index6.96.1
Human Freedom Index6.856.1
Property Rights Index69.954.6
Judical Effectiveness Index46.453.7
Business Freedom Index68.267.7
Fiscal Health Index74.876.6
Labor Freedom Index79.472
Investment Freedom Index2015
Financial Freedom Index3030
Trade Freedom Index79.448
Monetary Freedom Index71.684.3
Government Spending Index71.134.2
Tax Burden Index82.965.6
Government Integrity Index51.233.5
Corruption Perceptions Index6844
Life expectancy at birth, years71.172.6
Suicide mortality rate, per 100,000 people11.44.7
Mortality caused by road traffic injury, per 100,000 people17.417.4
Intentional homicides, per 100,000 people1.63.8
International tourism, number of arrivals274k28k

Government debt & reserves

StatBhutanSolomon Islands
Central government debt, % of GDP102.6%12.1%
External debt stocks, % of GNI109.2%29.1%
External debt stocks$2.5B$388.5M
Short-term debt, % of total reserves0.4%7%
Total debt service, % of exports and primary income10.7%5.6%
Adjusted net savings including particulate emission damage, % of GNI23.3%-13.3%
Gross savings, % of GDP21.6%3.2%
Gross capital formation, % of GDP47.5%14.6%
Total reserves including gold$987.2M$617.1M
Foreign direct investment net inflows$2.6M$12.1M

Exports, imports and economic structure

StatBhutanSolomon Islands
Exports of goods and services, % of GDP30.8%45.1%
Imports of goods and services, % of GDP55.9%53.3%
Current account balance (balance of payments)-$497.6M-$50.6M
Revenue excluding grants, % of GDP18.5%33.8%
Grants excluding technical cooperation, BoP$49.2M$153.5M
Personal remittances received$58.1M$19.3M
Industry including construction value added, % of GDP38.3%N/A
Agriculture, forestry and fishing value added, % of GDP15.9%35%
Charges for the use of intellectual property, payments BoP$304k$4.4M
Charges for the use of intellectual property, receipts BoP$11k$599k
Expense, % of GDP18.5%31.9%
Government Expenditure, % of GDP31.1%46.8%

Compare with countries close by GDP per capita

Bhutan vs

CountryGDP
per capita
Population
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M

Solomon Islands vs

CountryGDP
per capita
Population
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M