The Congo vs the Solomon Islands: Economic Indicators Comparison

The Congo with a GDP of $11.3B ranked the 141st largest economy in the world, while the Solomon Islands ranked 182nd with $1.4B. By GDP 5-years average growth and GDP per capita, the Congo and the Solomon Islands ranked 157th vs 90th and 143rd vs 145th, respectively.

Gross Domestic Product & Income

StatCongoSolomon Islands
GDP$11.3B$1.4B
GDP growth, 1 year0.8%3.4%
GDP growth, 5-years average0.9%3%
Population5.3M611k
GDP per capita$2.1k$2.1k
GDP per capita growth-1.55%1.18%
Purchasing Power Parity conversion factor210.647.02
Price level ratio of PPP conversion factor GDP to market exchange rate0.380.88
GDP per capita, PPP adjusted$6.8k$2.2k
GNI, Atlas method$8.6B$1.3B
GNI per capita$1.6k$2k
GNI, PPP adjusted$26.5B$1.5B
GNI per capita, PPP adjusted$5.1k$2.3k

Financial system and Human development

StatCongoSolomon Islands
Income Tax Rate45%40%
Corporate Tax Rate34%30%
Inflation, consumer prices1.2%1%
Inflation, GDP deflator22.2%3.5%
Unemployment10.4%1.8%
Economic Freedom Index41.852.9
Personal Freedom Index6.416.1
Human Freedom Index5.556.1
Property Rights Index40.754.6
Judical Effectiveness Index3053.7
Business Freedom Index37.567.7
Fiscal Health Index0.676.6
Labor Freedom Index35.372
Investment Freedom Index4515
Financial Freedom Index3030
Trade Freedom Index56.848
Monetary Freedom Index83.284.3
Government Spending Index56.234.2
Tax Burden Index63.365.6
Government Integrity Index23.133.5
Corruption Perceptions Index1944
Life expectancy at birth, years6472.6
Suicide mortality rate, per 100,000 people5.94.7
Mortality caused by road traffic injury, per 100,000 people27.417.4
Intentional homicides, per 100,000 people9.33.8
International tourism, number of arrivals156k28k

Government debt & reserves

StatCongoSolomon Islands
Central government debt, % of GDP98.5%12.1%
External debt stocks, % of GNI51.1%29.1%
External debt stocks$5.1B$388.5M
Short-term debt, % of total reserves71.9%7%
Total debt service, % of exports and primary income3.2%5.6%
Adjusted net savings including particulate emission damage, % of GNI-40.4%-13.3%
Gross savings, % of GDP-4.4%3.2%
Gross capital formation, % of GDP18.2%14.6%
Total reserves including gold$423.6M$617.1M
Foreign direct investment net inflows$4.3B$12.1M

Exports, imports and economic structure

StatCongoSolomon Islands
Exports of goods and services, % of GDP98.9%45.1%
Imports of goods and services, % of GDP56%53.3%
Current account balance (balance of payments)-$3.6B-$50.6M
Revenue excluding grants, % of GDP23.3%33.8%
Grants excluding technical cooperation, BoP$81.4M$153.5M
Personal remittances received$7.7M$19.3M
Industry including construction value added, % of GDP52.9%N/A
Agriculture, forestry and fishing value added, % of GDP7.1%35%
Charges for the use of intellectual property, payments BoP$3.8M$4.4M
Charges for the use of intellectual property, receipts BoP$1.6M$599k
Expense, % of GDP20.1%31.9%
Government Expenditure, % of GDP38.2%46.8%

Compare with countries close by GDP per capita

Congo vs

CountryGDP
per capita
Population
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
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
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

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
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
Cambodia
$1.5k
16M