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Indonesia vs the Solomon Islands: Economic Indicators Comparison

Indonesia with a GDP of $1T ranked the 16th largest economy in the world, while the Solomon Islands ranked 182nd with $1.4B. By GDP 5-years average growth and GDP per capita, Indonesia and the Solomon Islands ranked 31st vs 90th and 122nd vs 145th, respectively.

Gross Domestic Product & Income

StatIndonesiaSolomon Islands
GDP$1T$1.4B
GDP growth, 1 year5.2%3.4%
GDP growth, 5-years average5%3%
Population264M561k
GDP per capita$3.9k$2.1k
GDP per capita growth3.99%1.18%
Purchasing Power Parity conversion factor4238.117.02
Price level ratio of PPP conversion factor GDP to market exchange rate0.30.88
GDP per capita, PPP adjusted$13k$2.2k
GNI, Atlas method$1T$1.3B
GNI per capita$3.8k$2k
GNI, PPP adjusted$3.4T$1.5B
GNI per capita, PPP adjusted$13k$2.3k

Financial system and Human development

StatIndonesiaSolomon Islands
Income Tax Rate30%40%
Corporate Tax Rate25%30%
Inflation, consumer prices3.2%1%
Inflation, GDP deflator3.8%3.5%
Unemployment4.3%1.8%
Economic Freedom Index67.252.9
Personal Freedom Index7.16.1
Human Freedom Index6.816.1
Property Rights Index59.854.6
Judical Effectiveness Index56.253.7
Business Freedom Index7067.7
Fiscal Health Index90.276.6
Labor Freedom Index49.272
Investment Freedom Index5015
Financial Freedom Index6030
Trade Freedom Index80.848
Monetary Freedom Index78.484.3
Government Spending Index91.734.2
Tax Burden Index83.465.6
Government Integrity Index37.233.5
Corruption Perceptions Index3844
Life expectancy at birth, years71.372.6
Suicide mortality rate, per 100,000 people3.44.7
Mortality caused by road traffic injury, per 100,000 people12.217.4
Intentional homicides, per 100,000 people0.43.8
International tourism, number of arrivals15.8M28k

Government debt & reserves

StatIndonesiaSolomon Islands
Central government debt, % of GDP29.2%12.1%
External debt stocks, % of GNI37.6%29.1%
External debt stocks$379.7B$388.5M
Short-term debt, % of total reserves39.7%7%
Total debt service, % of exports and primary income26%5.6%
Adjusted net savings including particulate emission damage, % of GNI12%-13.3%
Gross savings, % of GDP31.6%3.2%
Gross capital formation, % of GDP34.6%14.6%
Total reserves including gold$120.7B$617.1M
Foreign direct investment net inflows$19.7B$12.1M

Exports, imports and economic structure

StatIndonesiaSolomon Islands
Exports of goods and services, % of GDP21%45.1%
Imports of goods and services, % of GDP22.1%53.3%
Current account balance (balance of payments)-$31B-$50.6M
Revenue excluding grants, % of GDP12.2%33.8%
Grants excluding technical cooperation, BoP$696.7M$153.5M
Personal remittances received$11.2B$19.3M
Industry including construction value added, % of GDP39.7%N/A
Agriculture, forestry and fishing value added, % of GDP12.8%35%
Charges for the use of intellectual property, payments BoP$1.5B$4.4M
Charges for the use of intellectual property, receipts BoP$61.2M$599k
Expense, % of GDP14.3%31.9%
Government Expenditure, % of GDP16.7%46.8%

Compare with countries close by GDP per capita

Indonesia vs

CountryGDP
per capita
Population
Albania
$5.3k
3.02M
Guyana
$5k
800k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
15.5M
Tonga
$4.4k
105k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
190k
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
6.34M
Marshall Islands
$3.8k
52.6k
Tuvalu
$3.7k
9.88k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
754k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
101M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
850k
Papua New Guinea
$2.7k
7.32M

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
101M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
850k
Papua New Guinea
$2.7k
7.32M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.77M
Honduras
$2.5k
8.1M
Ghana
$2.2k
28.3M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
14.1M
East Timor
$2k
1.18M
Syria
$2k
19.8M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.35B
Sao Tome and Principe
$2k
193k
Ivory Coast
$1.7k
20.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
24.9M
Bangladesh
$1.7k
157M
Kiribati
$1.6k
102k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
14.1M