North Korea vs the Solomon Islands: Economic Indicators Comparison

North Korea with a GDP of $43.3B ranked the 89th largest economy in the world, while the Solomon Islands ranked 182nd with $1.4B. By GDP 5-years average growth and GDP per capita, North Korea and the Solomon Islands ranked 172nd vs 90th and 154th vs 145th, respectively.

Gross Domestic Product & Income

StatNorth KoreaSolomon Islands
GDP$43.3B$1.4B
GDP growth, 1 year-4.1%3.4%
GDP growth, 5-years average-0.8%3%
Population25.5M611k
GDP per capita$1.7k$2.1k
GDP per capita growthN/A1.18%
Purchasing Power Parity conversion factorN/A7.02
Price level ratio of PPP conversion factor GDP to market exchange rateN/A0.88
GDP per capita, PPP adjusted$1.7k$2.2k
GNI, Atlas methodN/A$1.3B
GNI per capitaN/A$2k
GNI, PPP adjustedN/A$1.5B
GNI per capita, PPP adjustedN/A$2.3k

Financial system and Human development

StatNorth KoreaSolomon Islands
Income Tax RateN/A40%
Corporate Tax RateN/A30%
Inflation, consumer pricesN/A1%
Inflation, GDP deflatorN/A3.5%
Unemployment3.3%1.8%
Economic Freedom Index4.252.9
Personal Freedom Index1.46.1
Human Freedom Index1.46.1
Property Rights Index20.154.6
Judical Effectiveness Index553.7
Business Freedom Index567.7
Fiscal Health Index076.6
Labor Freedom Index572
Investment Freedom Index015
Financial Freedom Index030
Trade Freedom Index048
Monetary Freedom Index084.3
Government Spending Index034.2
Tax Burden Index065.6
Government Integrity Index15.133.5
Corruption Perceptions Index1444
Life expectancy at birth, years71.972.6
Suicide mortality rate, per 100,000 people11.24.7
Mortality caused by road traffic injury, per 100,000 people20.817.4
Intentional homicides, per 100,000 people4.43.8
International tourism, number of arrivalsN/A28k

Government debt & reserves

StatNorth KoreaSolomon Islands
Central government debt, % of GDPN/A12.1%
External debt stocks, % of GNIN/A29.1%
External debt stocksN/A$388.5M
Short-term debt, % of total reservesN/A7%
Total debt service, % of exports and primary incomeN/A5.6%
Adjusted net savings including particulate emission damage, % of GNIN/A-13.3%
Gross savings, % of GDPN/A3.2%
Gross capital formation, % of GDPN/A14.6%
Total reserves including goldN/A$617.1M
Foreign direct investment net inflows$52M$12.1M

Exports, imports and economic structure

StatNorth KoreaSolomon Islands
Exports of goods and services, % of GDPN/A45.1%
Imports of goods and services, % of GDPN/A53.3%
Current account balance (balance of payments)N/A-$50.6M
Revenue excluding grants, % of GDPN/A33.8%
Grants excluding technical cooperation, BoP$118.5M$153.5M
Personal remittances receivedN/A$19.3M
Industry including construction value added, % of GDPN/AN/A
Agriculture, forestry and fishing value added, % of GDPN/A35%
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 GDPN/A31.9%
Government Expenditure, % of GDPN/A46.8%

Compare with countries close by GDP per capita

North Korea vs

CountryGDP
per capita
Population
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
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
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M

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
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
Cambodia
$1.5k
16M