Gabon vs the Solomon Islands: Economic Indicators Comparison

Gabon with a GDP of $16.9B ranked the 121st largest economy in the world, while the Solomon Islands ranked 182nd with $1.4B. By GDP 5-years average growth and GDP per capita, Gabon and the Solomon Islands ranked 116th vs 90th and 86th vs 145th, respectively.

Gross Domestic Product & Income

StatGabonSolomon Islands
GDP$16.9B$1.4B
GDP growth, 1 year1.2%3.4%
GDP growth, 5-years average2.4%3%
Population2M611k
GDP per capita$8k$2.1k
GDP per capita growth-1.76%1.18%
Purchasing Power Parity conversion factor247.237.02
Price level ratio of PPP conversion factor GDP to market exchange rate0.440.88
GDP per capita, PPP adjusted$18k$2.2k
GNI, Atlas method$14.5B$1.3B
GNI per capita$6.8k$2k
GNI, PPP adjusted$35.4B$1.5B
GNI per capita, PPP adjusted$17k$2.3k

Financial system and Human development

StatGabonSolomon Islands
Income Tax Rate35%40%
Corporate Tax Rate30%30%
Inflation, consumer prices4.8%1%
Inflation, GDP deflator7.1%3.5%
Unemployment19.5%1.8%
Economic Freedom Index56.752.9
Personal Freedom Index5.766.1
Human Freedom Index5.796.1
Property Rights Index36.954.6
Judical Effectiveness Index20.853.7
Business Freedom Index52.167.7
Fiscal Health Index88.976.6
Labor Freedom Index52.372
Investment Freedom Index6015
Financial Freedom Index4030
Trade Freedom Index51.248
Monetary Freedom Index77.384.3
Government Spending Index89.334.2
Tax Burden Index74.365.6
Government Integrity Index36.733.5
Corruption Perceptions Index3144
Life expectancy at birth, years65.872.6
Suicide mortality rate, per 100,000 people7.14.7
Mortality caused by road traffic injury, per 100,000 people23.217.4
Intentional homicides, per 100,000 people83.8
International tourism, number of arrivals269k28k

Government debt & reserves

StatGabonSolomon Islands
Central government debt, % of GDP58.2%12.1%
External debt stocks, % of GNI43%29.1%
External debt stocks$6.8B$388.5M
Short-term debt, % of total reserves14.2%7%
Total debt service, % of exports and primary income7.7%5.6%
Adjusted net savings including particulate emission damage, % of GNI8.9%-13.3%
Gross savings, % of GDP38.4%3.2%
Gross capital formation, % of GDP21.8%14.6%
Total reserves including gold$1.3B$617.1M
Foreign direct investment net inflows$845.8M$12.1M

Exports, imports and economic structure

StatGabonSolomon Islands
Exports of goods and services, % of GDP50.5%45.1%
Imports of goods and services, % of GDP21.5%53.3%
Current account balance (balance of payments)$141M-$50.6M
Revenue excluding grants, % of GDP16.8%33.8%
Grants excluding technical cooperation, BoP$20.1M$153.5M
Personal remittances received$18.5M$19.3M
Industry including construction value added, % of GDP48.8%N/A
Agriculture, forestry and fishing value added, % of GDP5.4%35%
Charges for the use of intellectual property, payments BoPN/A$4.4M
Charges for the use of intellectual property, receipts BoPN/A$599k
Expense, % of GDP13.7%31.9%
Government Expenditure, % of GDP18.9%46.8%

Compare with countries close by GDP per capita

Gabon vs

CountryGDP
per capita
Population
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M

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