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Economy of Croatia vs Solomon Islands compared: GDP & Debt

Updated on by Georank

Croatia has a GDP of $105B compared to $1.75B for the Solomon Islands, ranking 73/197 and 183/197 by economy size, respectively.

Croatia has $58.7B in government debt (55.9% of GDP), compared to $501M (28.7% of GDP) in the Solomon Islands.

Croatia vs Solomon Islands GDP by year

Croatia
Solomon Islands
1x
Year GDP, current $
Croatia Solomon Islands
2025 $105,060,182,186 $1,749,572,443
2024 $92,981,894,168 $1,583,964,704
2023 $85,621,337,533 $1,506,124,566
2022 $71,196,460,237 $1,466,670,930
2021 $69,002,262,505 $1,558,312,104
2020 $57,959,824,238 $1,536,143,428
2019 $61,467,261,345 $1,619,150,564
2018 $61,668,280,700 $1,615,473,250
2017 $56,182,225,079 $1,469,790,526
2016 $52,650,804,052 $1,379,486,291
2015 $50,999,271,059 $1,307,908,814
2014 $59,607,109,597 $1,335,576,763
2013 $59,846,869,999 $1,285,905,958
2012 $57,547,495,860 $1,185,217,634
2011 $62,889,150,894 $1,063,898,227
2010 $58,975,127,201 $898,128,551
2009 $62,315,450,611 $805,557,289
2008 $68,473,103,477 $776,335,523
2007 $59,290,547,254 $695,291,218
2006 $49,583,643,048 $617,257,458
2005 $45,012,776,906 $552,881,357
2004 $41,836,096,243 $468,000,121
2003 $35,244,797,329 $417,666,639
2002 $26,757,633,353 $346,406,739
2001 $23,067,071,478 $409,508,553
2000 $22,134,069,750 $419,842,674
1999 $23,776,940,769 $488,024,514
1998 $25,889,813,449 $457,579,840
1997 $24,175,272,572 $526,554,006
1996 $24,151,469,717 $510,586,430
1995 $22,772,224,146 $469,443,202
1994 $15,062,911,617 $402,837,005
1993 $11,259,647,874 $300,746,361
1992 $10,621,169,291 $269,034,596
1991 $18,760,386,775 $227,540,473
1990 $25,650,213,280 $214,877,667
1989 - $172,882,411
1988 - $176,494,394
1987 - $155,128,542
1986 - $147,620,048
1985 - $165,524,943
1984 - $181,570,474
1983 - $181,220,399
1982 - $192,902,019
1981 - $193,750,541
1980 - $182,852,107
1979 - $151,276,496
1978 - $111,027,427
1977 - $93,145,283
1976 - $83,100,834
1975 - $74,620,320
1974 - $84,539,332
1973 - $55,272,109
1972 - $40,606,712
1971 - $50,056,883
1970 - -
1969 - $28,606,411
1968 - $28,084,253
1967 - $25,203,524

Data sources: World Bank | Economy & Growth (1967–2025, retrieved 2026-07-08).

GeoRank.org/economy/croatia/solomon-islands | CC BY

GDP per capita in Croatia vs Solomon Islands by year

Croatia
GDP per capita

GDP per capita, PPP
Solomon Islands
GDP per capita

GDP per capita, PPP
1x
Year Current $
Croatia Solomon Islands
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $27,104 - $2,086 -
2024 $24,050 $49,551 $1,934 $2,675
2023 $22,183 $47,760 $1,883 $2,597
2022 $18,466 $42,125 $1,878 $2,496
2021 $17,789 $36,930 $2,043 $2,450
2020 $14,808 $31,594 $2,063 $2,405
2019 $15,564 $33,064 $2,224 $2,512
2018 $15,460 $29,789 $2,278 $2,494
2017 $13,902 $27,888 $2,144 $2,454
2016 $12,820 $25,803 $2,083 $2,421
2015 $12,284 $23,750 $2,045 $2,354
2014 $14,187 $22,706 $2,165 $2,377
2013 $14,135 $22,430 $2,161 $2,394
2012 $13,508 $21,619 $2,066 $2,320
2011 $14,692 $21,191 $1,924 $2,306
2010 $13,730 $20,139 $1,685 $2,182
2009 $14,475 $20,358 $1,555 $2,021
2008 $15,888 $21,018 $1,526 $1,989
2007 $13,756 $19,568 $1,390 $1,869
2006 $11,501 $17,629 $1,256 $1,786
2005 $10,443 $15,451 $1,144 $1,693
2004 $9,719 $14,686 $986 $1,556
2003 $8,190 $13,692 $896 $1,433
2002 $6,220 $12,775 $757 $1,344
2001 $5,365 $11,653 $912 $1,387
2000 $4,954 $10,675 $953 $1,503
1999 $5,269 $9,943 $1,134 $1,754
1998 $5,712 $9,890 $1,092 $1,785
1997 $5,331 $9,536 $1,292 $1,793
1996 $5,300 $8,806 $1,289 $1,830
1995 $4,929 $8,052 $1,220 $1,820
1994 $3,238 $7,337 $1,078 $1,668
1993 $2,448 $6,861 $829 $1,556
1992 $2,321 $7,326 $764 $1,505
1991 $4,001 $7,918 $666 $1,346
1990 $5,369 $9,526 $648 $1,266
1989 - - $538 -
1988 - - $567 -
1987 - - $515 -
1986 - - $506 -
1985 - - $586 -
1984 - - $665 -
1983 - - $686 -
1982 - - $756 -
1981 - - $786 -
1980 - - $768 -
1979 - - $658 -
1978 - - $500 -
1977 - - $434 -
1976 - - $401 -
1975 - - $372 -
1974 - - $433 -
1973 - - $291.3 -
1972 - - $219.5 -
1971 - - $277.1 -
1970 - - - -
1969 - - $165.9 -
1968 - - $166.9 -
1967 - - $153.5 -

Data sources: World Bank | Economy & Growth (1967–2025, retrieved 2026-07-08).

GeoRank.org/economy/croatia/solomon-islands | CC BY

Croatia's GDP per capita is $27,104, ranking 49/197, compared to $2,086 in the Solomon Islands, ranking 157/197. Adjusted for purchasing power (GDP per capita PPP), Croatia ranks 46th at $49,551, while the Solomon Islands ranks 183rd at $2,675.

Economic indicators

Croatia Solomon Islands
Gross domestic product
$105B
2025
$1.75B
2025
GDP rank
73/197
2025
183/197
2025
GDP growth
3.4%
2024-2025
3.62%
2024-2025
GDP per capita
$27,104
2025
$2,086
2025
GDP per capita rank
49/197
2025
157/197
2025
GDP per capita, PPP
$49,551
2024
$2,675
2024
GDP per capita PPP rank
46/197
2024
183/197
2024
Government debt
$58.7B
2025
$501M
2025
Debt-to-GDP ratio
55.9%
2025
28.7%
2025
Government debt per person
$15,144
2025
$598
2025
Government debt per person rank
44/185
2025
162/185
2025
Average annual personal income after taxes
$20,376
2026
$1,986
2026
Market capitalization of domestic companies
$37.9B
2025
n/a
Number of billionaires
1
2026
n/a
Income share by richest 10%
23.3%
2023
29.2%
2012
Income share by poorest 10%
2.9%
2023
2.8%
2012
Government expenditure, % of GDP
49.3%
2025
40.6%
2025
Consumer prices inflation
3.69%
2024-2025
3.36%
2024-2025
Unemployment rate
4.9%
2025
0.69%
2013
Population
3849788
868694

Spending and national debt comparison by year

Croatia
Spending

Debt
Solomon Islands
Spending

Debt
1x
Year % of GDP
Croatia Solomon Islands
Government spending Government debt Government spending Government debt
2025 49.3% 55.9% 40.6% 28.7%
2024 48% 57.4% 39.6% 26.1%
2023 46.3% 60.9% 44.2% 22.3%
2022 45% 68.5% 43.5% 16.5%
2021 48.2% 78.2% 36.9% 16.1%
2020 53.8% 86.5% 40.4% 9.15%
2019 44.4% 70.9% 35.6% 7.82%
2018 45% 72.8% 34.8% 7.95%
2017 44.1% 76.2% 40.4% 8.77%
2016 45.9% 79.3% 39.6% 7.54%
2015 47.6% 82.8% 41.5% 7.88%
2014 48.7% 83.2% 39.8% 10.1%
2013 48% 79.5% 41.8% 11.6%
2012 47.3% 68.9% 29.4% 13.3%
2011 48.6% 63.1% 26.7% 18.1%
2010 48.2% 56.8% 22.6% 21.6%
2009 49.3% 47.9% 22.7% 17.2%
2008 46.3% 38.9% 24.3% 26.1%
2007 46.4% 37.1% 21.1% 29.5%
2006 44.6% 38.4% 17.4% 36.9%
2005 46.5% 40.9% 14.7% 38.5%
2004 49% 40% 12.5% 49.4%
2003 49.6% 37.8% 12.6% 51.8%
2002 49.2% 36.5% 14.1% 55.5%
2001 50.6% 36.6% 15.3% 44.6%
2000 54.6% 35.4% 15.8% 37.4%
1999 58.9% 30% 15.8% 35.4%
1998 56.8% 23.3% 13.1% 33.3%
1997 51.7% 22.5% 16.3% 21.9%
1996 52.1% - 20.4% -
1995 50.3% - 20.8% -
1994 45.4% - 25.5% -
1993 35.9% - 28.1% -
1992 37.1% - 29.6% -
1991 - - 33.2% -
1990 - - 25.4% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1997, retrieved 2026-07-08).

GeoRank.org/economy/croatia/solomon-islands | CC BY

In 2025, Croatia's government spending was $51.8B, accounting for 49.3% of its GDP, while the Solomon Islands spent $711M, or 40.6% of GDP.

Debt-to-GDP ratio is 55.9% in Croatia and 28.7% in the Solomon Islands, ranking 87/185 and 158/185, respectively.

Government deficit by year

Deficit/surplus
Croatia

Solomon Islands
1x
Year Deficit/surplus, % of GDP
Croatia Solomon Islands
2025 -2.89% -3.24%
2024 -1.95% -2.09%
2023 -0.79% -4.13%
2022 0.14% -2.7%
2021 -2.57% -1.82%
2020 -7.24% -2.44%
2019 2.32% -1.52%
2018 0.22% 1.49%
2017 0.81% -2.27%
2016 -1.04% -3.56%
2015 -3.53% 0.81%
2014 -5.19% 2.13%
2013 -5.51% 3.57%
2012 -5.46% 4.63%
2011 -7.51% 6.14%
2010 -6.45% 5.67%
2009 -7.15% 2.15%
2008 -2.33% 1.75%
2007 -2.27% 13.7%
2006 -2% 11.3%
2005 -3.24% 11.5%
2004 -6.09% 14.5%
2003 -5.03% 8.91%
2002 -4.9% -3.67%
2001 -4.79% -2.02%
2000 -9.2% -2.47%
1999 -11.1% -0.27%
1998 -6.36% 4.25%
1997 -4.93% 1.8%
1996 -4.41% 3.15%
1995 -4.23% 2.69%
1994 -0.82% 3.65%
1993 -2.67% 2.07%
1992 -5.69% 3.48%
1991 - 0.12%
1990 - 0.49%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/croatia/solomon-islands | CC BY

In 2025, Croatia's government deficit, the difference between spending and revenue, was $3.04B, equivalent to 2.89% of GDP. This compares to the Solomon Islands' deficit of $56.6M, or 3.24% of GDP.

Over the past 34 years, Croatia recorded a fiscal deficit in 30 of those years, while the Solomon Islands ran a deficit in 13 years. On average, Croatia posted an annual deficit equal to 3.94% of GDP, compared to surplus of 2.27% of GDP for the Solomon Islands.

Inflation comparison by year

Inflation
Croatia

Solomon Islands
1x
Year Consumer prices inflation
Croatia Solomon Islands
2025 3.69% 3.36%
2024 2.97% 4.32%
2023 7.94% 5.89%
2022 10.8% 5.52%
2021 2.55% -0.12%
2020 0.15% 2.96%
2019 0.77% 1.63%
2018 1.5% 3.46%
2017 1.13% 0.49%
2016 -1.12% 0.51%
2015 -0.46% -0.57%
2014 -0.22% 5.17%
2013 2.22% 5.39%
2012 3.41% 5.91%
2011 2.27% 7.34%
2010 1.03% 1.05%
2009 2.38% 7.09%
2008 6.08% 17.3%
2007 2.9% 7.67%
2006 3.19% 11.2%
2005 3.32% 7.33%
2004 2.06% 6.99%
2003 1.77% 8.27%
2002 1.67% 10.9%
2001 3.78% 6.93%
2000 4.61% 7.89%
1999 4.02% 8.02%
1998 6.4% 12.4%
1997 4.17% 8.08%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/croatia/solomon-islands | CC BY

Over the past 29 years, Croatia has recorded an average annual inflation rate of 2.93%, compared with 5.95% in the Solomon Islands. In 2025, inflation was 3.69% in Croatia and 3.36% in the Solomon Islands.

Balance of trade

Croatia Solomon Islands
Current account balance
-$1.93B
2024
-$66.2M
2024
Current account balance ranking
141/190
2024
78/190
2024
Current account balance, % of GDP
-2.08%
2024
-4.18%
2024
Goods imports
$42.5B
2024
$609M
2024
Goods exports
$21.9B
2024
$510M
2024
Service imports
$8.42B
2024
$248M
2024
Service exports
$24.8B
2024
$133M
2024
Imports of goods and services, % of GDP
53%
2025
70.8%
2024
Exports of goods and services, % of GDP
48%
2025
40.6%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Croatia Solomon Islands
Economic freedom 67.5 53.7
Economic freedom ranking 56/197 137/197
Property rights 81.1 55.8
Government integrity 52.6 42.7
Judicial effectiveness 71.7 59.1
Tax burden 70 71.3
Government spending 34.9 54.6
Fiscal health 92.2 83.3
Business freedom 79.6 52.3
Labor freedom 58.9 60.4
Monetary freedom 69.9 76.5
Trade freedom 79.4 43.6
Investment freedom 60 15
Financial freedom 60 30

Economic freedom comparison by year

Croatia
Solomon Islands
1x
Year Economic freedom index
Croatia Solomon Islands
2026 67.5 53.7
2025 68.7 56.3
2024 67.2 55
2023 66.4 56.9
2022 67.6 56.5
2021 63.6 56.5
2020 62.2 52.9
2019 61.4 54.6
2018 61 57.5
2017 59.4 55
2016 59.1 47
2015 61.5 47
2014 60.4 46.2
2013 61.3 45
2012 60.9 46.2
2011 61.1 45.9
2010 59.2 42.9
2009 55.1 46
2008 54.1 -
2007 53.4 -
2006 53.6 -
2005 51.9 -
2004 53.1 -
2003 53.3 -
2002 51.1 -
2001 50.7 -
2000 53.6 -
1999 53.1 -
1998 51.7 -
1997 46.7 -
1996 48 -

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08).

GeoRank.org/economy/croatia/solomon-islands | CC BY

The Economic Freedom Index for Croatia is 67.5, ranking 56/197, compared to 53.7 for the Solomon Islands, ranking 137/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Croatia Solomon Islands
Services, % of GDP
60.9%
2025
46.9%
2024
Industry, % of GDP
19%
2025
23.4%
2024
Agriculture, forestry, and fishing, % of GDP
2.83%
2025
29.7%
2024
GNI, Atlas method
$98.3B
2025
$1.7B
2025
GNI per capita, PPP
$50,410
2025
$2,790
2025
Total reserves including gold
$4.22B
2025
$686M
2024
Total reserves ranking
110/177
2025
148/177
2024
Net foreign direct investment
-$1.74B
2024
$19.9M
2024
Net inflows of foreign direct investment
$4.54B
2024
$33M
2024
Net outflows of foreign direct investment
$2.79B
2024
$52.9M
2024
Servicing debt to the IMF, % of GNI n/a
1.64%
2024
Poverty at national poverty lines
20.3%
2024
12.7%
2012
Gross capital formation, % of GDP
24.6%
2025
19.5%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/croatia/solomon-islands | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1967–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  6. LivingCost (2026, retrieved 2026-07-08)
  7. International Monetary Fund (IMF) | Public Finances in Modern History (1997, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.