Lebanon vs the Solomon Islands: Economic Indicators Comparison

Lebanon with a GDP of $56.6B ranked the 81st largest economy in the world, while the Solomon Islands ranked 182nd with $1.4B. By GDP 5-years average growth and GDP per capita, Lebanon and the Solomon Islands ranked 156th vs 90th and 83rd vs 145th, respectively.

Gross Domestic Product & Income

StatLebanonSolomon Islands
GDP$56.6B$1.4B
GDP growth, 1 year0.3%3.4%
GDP growth, 5-years average0.9%3%
Population6.1M611k
GDP per capita$8.3k$2.1k
GDP per capita growth-0.34%1.18%
Purchasing Power Parity conversion factor953.037.02
Price level ratio of PPP conversion factor GDP to market exchange rate0.630.88
GDP per capita, PPP adjusted$15k$2.2k
GNI, Atlas method$54.2B$1.3B
GNI per capita$7.9k$2k
GNI, PPP adjusted$89.1B$1.5B
GNI per capita, PPP adjusted$13k$2.3k

Financial system and Human development

StatLebanonSolomon Islands
Income Tax Rate20%40%
Corporate Tax Rate17%30%
Inflation, consumer prices6.1%1%
Inflation, GDP deflator5.9%3.5%
Unemployment6.2%1.8%
Economic Freedom Index51.752.9
Personal Freedom Index6.296.1
Human Freedom Index6.726.1
Property Rights Index44.654.6
Judical Effectiveness Index30.853.7
Business Freedom Index45.667.7
Fiscal Health Index076.6
Labor Freedom Index47.872
Investment Freedom Index6015
Financial Freedom Index5030
Trade Freedom Index77.448
Monetary Freedom Index75.684.3
Government Spending Index72.534.2
Tax Burden Index90.865.6
Government Integrity Index2533.5
Corruption Perceptions Index2844
Life expectancy at birth, years78.872.6
Suicide mortality rate, per 100,000 people3.34.7
Mortality caused by road traffic injury, per 100,000 people18.117.4
Intentional homicides, per 100,000 people43.8
International tourism, number of arrivals2M28k

Government debt & reserves

StatLebanonSolomon Islands
Central government debt, % of GDP150.9%12.1%
External debt stocks, % of GNI145.1%29.1%
External debt stocks$79.3B$388.5M
Short-term debt, % of total reserves10.6%7%
Total debt service, % of exports and primary income72.1%5.6%
Adjusted net savings including particulate emission damage, % of GNI-16.9%-13.3%
Gross savings, % of GDP5.5%3.2%
Gross capital formation, % of GDP19.5%14.6%
Total reserves including gold$52.4B$617.1M
Foreign direct investment net inflows$2.6B$12.1M

Exports, imports and economic structure

StatLebanonSolomon Islands
Exports of goods and services, % of GDP23.3%45.1%
Imports of goods and services, % of GDP39.6%53.3%
Current account balance (balance of payments)-$12.4B-$50.6M
Revenue excluding grants, % of GDP19.8%33.8%
Grants excluding technical cooperation, BoP$1.2B$153.5M
Personal remittances received$6.9B$19.3M
Industry including construction value added, % of GDP14.1%N/A
Agriculture, forestry and fishing value added, % of GDP2.9%35%
Charges for the use of intellectual property, payments BoP$15.7M$4.4M
Charges for the use of intellectual property, receipts BoP$17.7M$599k
Expense, % of GDP25.8%31.9%
Government Expenditure, % of GDP30.3%46.8%

Compare with countries close by GDP per capita

Lebanon vs

CountryGDP
per capita
Population
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
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
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
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

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