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%
Population264M611k
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
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
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
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
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

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