Qatar vs the Solomon Islands: Economic Indicators Comparison

Qatar with a GDP of $191.4B ranked the 54th largest economy in the world, while the Solomon Islands ranked 182nd with $1.4B. By GDP 5-years average growth and GDP per capita, Qatar and the Solomon Islands ranked 108th vs 90th and 9th vs 145th, respectively.

Gross Domestic Product & Income

StatQatarSolomon Islands
GDP$191.4B$1.4B
GDP growth, 1 year2.2%3.4%
GDP growth, 5-years average2.7%3%
Population2.6M611k
GDP per capita$69k$2.1k
GDP per capita growth-0.58%1.18%
Purchasing Power Parity conversion factor1.977.02
Price level ratio of PPP conversion factor GDP to market exchange rate0.540.88
GDP per capita, PPP adjusted$130k$2.2k
GNI, Atlas method$170.1B$1.3B
GNI per capita$61k$2k
GNI, PPP adjusted$346.1B$1.5B
GNI per capita, PPP adjusted$124k$2.3k

Financial system and Human development

StatQatarSolomon Islands
Income Tax Rate0%40%
Corporate Tax Rate0%30%
Inflation, consumer prices0.2%1%
Inflation, GDP deflator13%3.5%
Unemployment0.1%1.8%
Economic Freedom Index72.352.9
Personal Freedom Index5.226.1
Human Freedom Index6.226.1
Property Rights Index66.954.6
Judical Effectiveness Index58.753.7
Business Freedom Index71.167.7
Fiscal Health Index93.776.6
Labor Freedom Index65.972
Investment Freedom Index6015
Financial Freedom Index6030
Trade Freedom Index81.648
Monetary Freedom Index80.684.3
Government Spending Index64.634.2
Tax Burden Index99.865.6
Government Integrity Index64.633.5
Corruption Perceptions Index6244
Life expectancy at birth, years8072.6
Suicide mortality rate, per 100,000 people6.64.7
Mortality caused by road traffic injury, per 100,000 people9.317.4
Intentional homicides, per 100,000 people0.43.8
International tourism, number of arrivals1.8M28k

Government debt & reserves

StatQatarSolomon Islands
Central government debt, % of GDP48.4%12.1%
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 GNI26.8%-13.3%
Gross savings, % of GDP51.6%3.2%
Gross capital formation, % of GDP42.9%14.6%
Total reserves including gold$30.4B$617.1M
Foreign direct investment net inflows-$2.2B$12.1M

Exports, imports and economic structure

StatQatarSolomon Islands
Exports of goods and services, % of GDP53.6%45.1%
Imports of goods and services, % of GDP34.4%53.3%
Current account balance (balance of payments)$16.7B-$50.6M
Revenue excluding grants, % of GDPN/A33.8%
Grants excluding technical cooperation, BoP$2.2M$153.5M
Personal remittances received$467M$19.3M
Industry including construction value added, % of GDP61.1%N/A
Agriculture, forestry and fishing value added, % of GDP0.2%35%
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 GDP34.3%46.8%

Compare with countries close by GDP per capita

Qatar vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k

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