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Economy of Kazakhstan vs Solomon Islands compared: GDP & Debt

Updated on by Georank

Kazakhstan has a GDP of $306B compared to $1.75B for the Solomon Islands, ranking 49/197 and 183/197 by economy size, respectively.

Kazakhstan has $75.2B in government debt (24.6% of GDP), compared to $501M (28.7% of GDP) in the Solomon Islands.

Kazakhstan vs Solomon Islands GDP by year

Kazakhstan
Solomon Islands
1x
Year GDP, current $
Kazakhstan Solomon Islands
2025 $306,239,209,650 $1,749,572,443
2024 $291,480,274,649 $1,583,964,704
2023 $261,840,101,060 $1,506,124,566
2022 $225,496,328,925 $1,466,670,930
2021 $197,112,255,361 $1,558,312,104
2020 $171,082,365,861 $1,536,143,428
2019 $181,667,184,855 $1,619,150,564
2018 $179,339,977,690 $1,615,473,250
2017 $166,805,788,827 $1,469,790,526
2016 $137,278,320,084 $1,379,486,291
2015 $184,388,404,706 $1,307,908,814
2014 $221,415,613,595 $1,335,576,763
2013 $236,634,603,409 $1,285,905,958
2012 $207,998,568,866 $1,185,217,634
2011 $192,626,464,617 $1,063,898,227
2010 $148,047,348,241 $898,128,551
2009 $115,308,686,941 $805,557,289
2008 $133,441,648,852 $776,335,523
2007 $104,849,915,058 $695,291,218
2006 $81,003,864,630 $617,257,458
2005 $57,123,671,734 $552,881,357
2004 $43,151,647,003 $468,000,121
2003 $30,833,692,900 $417,666,639
2002 $24,636,598,527 $346,406,739
2001 $22,152,689,180 $409,508,553
2000 $18,291,990,662 $419,842,674
1999 $16,870,817,182 $488,024,514
1998 $22,135,245,507 $457,579,840
1997 $22,165,932,063 $526,554,006
1996 $21,035,357,937 $510,586,430
1995 $20,374,302,652 $469,443,202
1994 $21,250,792,886 $402,837,005
1993 $23,409,260,880 $300,746,361
1992 $24,917,355,372 $269,034,596
1991 $24,923,076,923 $227,540,473
1990 $26,932,016,270 $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/kazakhstan/solomon-islands | CC BY

GDP per capita in Kazakhstan vs Solomon Islands by year

Kazakhstan
GDP per capita

GDP per capita, PPP
Solomon Islands
GDP per capita

GDP per capita, PPP
1x
Year Current $
Kazakhstan Solomon Islands
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $14,692 - $2,086 -
2024 $14,155 $40,891 $1,934 $2,675
2023 $12,879 $38,515 $1,883 $2,597
2022 $11,255 $35,895 $1,878 $2,496
2021 $9,984 $32,946 $2,043 $2,450
2020 $8,782 $29,040 $2,063 $2,405
2019 $9,457 $28,689 $2,224 $2,512
2018 $9,472 $25,096 $2,278 $2,494
2017 $8,943 $23,973 $2,144 $2,454
2016 $7,476 $23,023 $2,083 $2,421
2015 $10,196 $22,484 $2,045 $2,354
2014 $12,428 $23,958 $2,165 $2,377
2013 $13,478 $23,754 $2,161 $2,394
2012 $12,019 $21,367 $2,066 $2,320
2011 $11,287 $20,160 $1,924 $2,306
2010 $8,793 $18,642 $1,685 $2,182
2009 $6,938 $17,389 $1,555 $2,021
2008 $8,124 $17,278 $1,526 $1,989
2007 $6,449 $16,581 $1,390 $1,869
2006 $5,030 $14,966 $1,256 $1,786
2005 $3,577 $13,226 $1,144 $1,693
2004 $2,722 $11,777 $986 $1,556
2003 $1,958 $10,532 $896 $1,433
2002 $1,574 $9,504 $757 $1,344
2001 $1,422 $8,568 $912 $1,387
2000 $1,180 $7,418 $953 $1,503
1999 $1,092 $6,626 $1,134 $1,754
1998 $1,415 $6,284 $1,092 $1,785
1997 $1,382 $6,178 $1,292 $1,793
1996 $1,281 $5,836 $1,289 $1,830
1995 $1,218 $5,595 $1,220 $1,820
1994 $1,247 $5,860 $1,078 $1,668
1993 $1,355 $6,477 $829 $1,556
1992 $1,438 $6,945 $764 $1,505
1991 $1,442 $7,193 $666 $1,346
1990 $1,570 $7,874 $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/kazakhstan/solomon-islands | CC BY

Kazakhstan's GDP per capita is $14,692, ranking 73/197, compared to $2,086 in the Solomon Islands, ranking 157/197. Adjusted for purchasing power (GDP per capita PPP), Kazakhstan ranks 58th at $40,891, while the Solomon Islands ranks 183rd at $2,675.

Economic indicators

Kazakhstan Solomon Islands
Gross domestic product
$306B
2025
$1.75B
2025
GDP rank
49/197
2025
183/197
2025
GDP growth
6.5%
2024-2025
3.62%
2024-2025
GDP per capita
$14,692
2025
$2,086
2025
GDP per capita rank
73/197
2025
157/197
2025
GDP per capita, PPP
$40,891
2024
$2,675
2024
GDP per capita PPP rank
58/197
2024
183/197
2024
Government debt
$75.2B
2025
$501M
2025
Debt-to-GDP ratio
24.6%
2025
28.7%
2025
Government debt per person
$3,609
2025
$598
2025
Government debt per person rank
96/185
2025
162/185
2025
Average annual personal income after taxes
$8,395
2026
$1,986
2026
Market capitalization of domestic companies
$158B
2025
n/a
Number of millionaires
44,307
2024
n/a
Number of billionaires
6
2026
n/a
Income share by richest 10%
24.8%
2021
29.2%
2012
Income share by poorest 10%
4.3%
2021
2.8%
2012
Government expenditure, % of GDP
21.8%
2025
40.6%
2025
Consumer prices inflation
11.4%
2024-2025
3.36%
2024-2025
Central bank interest rate
17%
2026
n/a
Unemployment rate
4.9%
2022
0.69%
2013
Population
21211812
868694

Spending and national debt comparison by year

Kazakhstan
Spending

Debt
Solomon Islands
Spending

Debt
1x
Year % of GDP
Kazakhstan Solomon Islands
Government spending Government debt Government spending Government debt
2025 21.8% 24.6% 40.6% 28.7%
2024 22.7% 24.4% 39.6% 26.1%
2023 23.4% 23% 44.2% 22.3%
2022 21.7% 23.5% 43.5% 16.5%
2021 22.1% 25.1% 36.9% 16.1%
2020 24.5% 26.4% 40.4% 9.15%
2019 20.2% 19.9% 35.6% 7.82%
2018 18.8% 20.3% 34.8% 7.95%
2017 24.1% 19.9% 40.4% 8.77%
2016 21.5% 19.7% 39.6% 7.54%
2015 22.9% 21.9% 41.5% 7.88%
2014 21.3% 14.5% 39.8% 10.1%
2013 19.8% 12.6% 41.8% 11.6%
2012 21.9% 12.1% 29.4% 13.3%
2011 21.2% 10.2% 26.7% 18.1%
2010 22.5% 10.7% 22.6% 21.6%
2009 23.5% 10.2% 22.7% 17.2%
2008 27.1% 6.77% 24.3% 26.1%
2007 23.7% 4.09% 21.1% 29.5%
2006 19.8% 6.68% 17.4% 36.9%
2005 22% 8.1% 14.7% 38.5%
2004 21.3% 11.4% 12.5% 49.4%
2003 21.4% 15% 12.6% 51.8%
2002 20.5% 17.6% 14.1% 55.5%
2001 - - 15.3% 44.6%
2000 - - 15.8% 37.4%
1999 - - 15.8% 35.4%
1998 - - 13.1% 33.3%
1997 - - 16.3% 21.9%
1996 - - 20.4% -
1995 - - 20.8% -
1994 - - 25.5% -
1993 - - 28.1% -
1992 - - 29.6% -
1991 - - 33.2% -
1990 - - 25.4% -

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

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

In 2025, Kazakhstan's government spending was $66.9B, accounting for 21.8% of its GDP, while the Solomon Islands spent $711M, or 40.6% of GDP.

Debt-to-GDP ratio is 24.6% in Kazakhstan and 28.7% in the Solomon Islands, ranking 167/185 and 158/185, respectively.

Government deficit by year

Deficit/surplus
Kazakhstan

Solomon Islands
1x
Year Deficit/surplus, % of GDP
Kazakhstan Solomon Islands
2025 -3.11% -3.24%
2024 -3.43% -2.09%
2023 -1.41% -4.13%
2022 0.11% -2.7%
2021 -4.97% -1.82%
2020 -7.04% -2.44%
2019 -0.57% -1.52%
2018 2.58% 1.49%
2017 -4.27% -2.27%
2016 -4.5% -3.56%
2015 -6.26% 0.81%
2014 2.48% 2.13%
2013 4.95% 3.57%
2012 4.43% 4.63%
2011 5.81% 6.14%
2010 1.47% 5.67%
2009 -1.33% 2.15%
2008 1.23% 1.75%
2007 5.13% 13.7%
2006 7.65% 11.3%
2005 6.08% 11.5%
2004 3.29% 14.5%
2003 4% 8.91%
2002 1.92% -3.67%
2001 - -2.02%
2000 - -2.47%
1999 - -0.27%
1998 - 4.25%
1997 - 1.8%
1996 - 3.15%
1995 - 2.69%
1994 - 3.65%
1993 - 2.07%
1992 - 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/kazakhstan/solomon-islands | CC BY

In 2025, Kazakhstan's government deficit, the difference between spending and revenue, was $9.54B, equivalent to 3.11% of GDP. This compares to the Solomon Islands' deficit of $56.6M, or 3.24% of GDP.

Over the past 24 years, Kazakhstan recorded a fiscal deficit in 10 of those years, while the Solomon Islands ran a deficit in 10 years. On average, Kazakhstan posted an annual surplus equal to 0.59% of GDP, compared to surplus of 2.53% of GDP for the Solomon Islands.

Inflation comparison by year

Inflation
Kazakhstan

Solomon Islands
1x
Year Consumer prices inflation
Kazakhstan Solomon Islands
2025 11.4% 3.36%
2024 8.7% 4.32%
2023 14.5% 5.89%
2022 15% 5.52%
2021 8% -0.12%
2020 6.8% 2.96%
2019 5.3% 1.63%
2018 6% 3.46%
2017 7.5% 0.49%
2016 14.6% 0.51%
2015 6.8% -0.57%
2014 6.6% 5.17%
2013 5.8% 5.39%
2012 5.1% 5.91%
2011 8.4% 7.34%
2010 7.1% 1.05%
2009 7.3% 7.09%
2008 17.2% 17.3%
2007 10.8% 7.67%
2006 8.6% 11.2%
2005 7.4% 7.33%
2004 7% 6.99%
2003 6.4% 8.27%
2002 6% 10.9%
2001 8.4% 6.93%
2000 13.2% 7.89%
1999 8.3% 8.02%
1998 7.1% 12.4%
1997 17.4% 8.08%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Kazakhstan has recorded an average annual inflation rate of 9.06%, compared with 5.95% in the Solomon Islands. In 2025, inflation was 11.4% in Kazakhstan and 3.36% in the Solomon Islands.

Balance of trade

Kazakhstan Solomon Islands
Current account balance
-$12.5B
2025
-$66.2M
2024
Current account balance ranking
177/190
2025
78/190
2024
Current account balance, % of GDP
-4.07%
2025
-4.18%
2024
Goods imports
$66.3B
2025
$609M
2024
Goods exports
$77.3B
2025
$510M
2024
Service imports
$14B
2025
$248M
2024
Service exports
$12.8B
2025
$133M
2024
Imports of goods and services, % of GDP
25.6%
2024
70.8%
2024
Exports of goods and services, % of GDP
31.6%
2024
40.6%
2024

Economic freedom indices

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

Kazakhstan Solomon Islands
Economic freedom 64.2 53.7
Economic freedom ranking 75/197 137/197
Property rights 54.9 55.8
Government integrity 40.7 42.7
Judicial effectiveness 33.8 59.1
Tax burden 91.2 71.3
Government spending 85.6 54.6
Fiscal health 97.2 83.3
Business freedom 64.9 52.3
Labor freedom 63.5 60.4
Monetary freedom 64.3 76.5
Trade freedom 74.4 43.6
Investment freedom 50 15
Financial freedom 50 30

Economic freedom comparison by year

Kazakhstan
Solomon Islands
1x
Year Economic freedom index
Kazakhstan Solomon Islands
2026 64.2 53.7
2025 63.8 56.3
2024 62 55
2023 62.1 56.9
2022 64.4 56.5
2021 71.1 56.5
2020 69.6 52.9
2019 65.4 54.6
2018 69.1 57.5
2017 69 55
2016 63.6 47
2015 63.3 47
2014 63.7 46.2
2013 63 45
2012 63.6 46.2
2011 62.1 45.9
2010 61 42.9
2009 60.1 46
2008 61.1 -
2007 59.6 -
2006 60.2 -
2005 53.9 -
2004 49.7 -
2003 52.3 -
2002 52.4 -
2001 51.8 -
2000 50.4 -
1999 47.3 -
1998 41.7 -

Data sources: The Heritage Foundation | Economic Freedom Index (1998–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Kazakhstan is 64.2, ranking 75/197, 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

Kazakhstan Solomon Islands
Services, % of GDP
57.7%
2025
46.9%
2024
Industry, % of GDP
32.3%
2025
23.4%
2024
Agriculture, forestry, and fishing, % of GDP
3.74%
2025
29.7%
2024
GNI, Atlas method
$286B
2025
$1.7B
2025
GNI per capita, PPP
$41,090
2025
$2,790
2025
Total reserves including gold
$66.1B
2025
$686M
2024
Total reserves ranking
40/177
2025
148/177
2024
Net foreign direct investment
$1.38B
2025
$19.9M
2024
Net inflows of foreign direct investment
$2.09B
2024
$33M
2024
Net outflows of foreign direct investment
-$1.9B
2024
$52.9M
2024
Servicing debt to the IMF, % of GNI
17.3%
2024
1.64%
2024
Poverty at national poverty lines
5%
2024
12.7%
2012
Gross capital formation, % of GDP
27.2%
2024
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/kazakhstan/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 (1998–2026, 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)

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.