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Russia vs the Solomon Islands: Economic Indicators Comparison

Russia with a GDP of $1.7T ranked the 11th largest economy in the world, while the Solomon Islands ranked 182nd with $1.4B. By GDP 5-years average growth and GDP per capita, Russia and the Solomon Islands ranked 162nd vs 90th and 68th vs 145th, respectively.

Gross Domestic Product & Income

StatRussiaSolomon Islands
GDP$1.7T$1.4B
GDP growth, 1 year2.3%3.4%
GDP growth, 5-years average0.5%3%
Population146.8M561k
GDP per capita$11k$2.1k
GDP per capita growth2.26%1.18%
Purchasing Power Parity conversion factor25.647.02
Price level ratio of PPP conversion factor GDP to market exchange rate0.410.88
GDP per capita, PPP adjusted$29k$2.2k
GNI, Atlas method$1.5T$1.3B
GNI per capita$10k$2k
GNI, PPP adjusted$3.9T$1.5B
GNI per capita, PPP adjusted$26k$2.3k

Financial system and Human development

StatRussiaSolomon Islands
Income Tax Rate13%40%
Corporate Tax Rate20%30%
Inflation, consumer prices2.9%1%
Inflation, GDP deflator10.3%3.5%
Unemployment4.7%1.8%
Economic Freedom Index6152.9
Personal Freedom Index6.566.1
Human Freedom Index6.496.1
Property Rights Index56.854.6
Judical Effectiveness Index44.453.7
Business Freedom Index80.267.7
Fiscal Health Index98.776.6
Labor Freedom Index52.172
Investment Freedom Index3015
Financial Freedom Index3030
Trade Freedom Index77.848
Monetary Freedom Index68.284.3
Government Spending Index63.834.2
Tax Burden Index88.565.6
Government Integrity Index41.333.5
Corruption Perceptions Index2844
Life expectancy at birth, years72.172.6
Suicide mortality rate, per 100,000 people314.7
Mortality caused by road traffic injury, per 100,000 people1817.4
Intentional homicides, per 100,000 people9.23.8
International tourism, number of arrivals24.6M28k

Government debt & reserves

StatRussiaSolomon Islands
Central government debt, % of GDP14%12.1%
External debt stocks, % of GNI28.1%29.1%
External debt stocks$453.9B$388.5M
Short-term debt, % of total reserves10.3%7%
Total debt service, % of exports and primary income19.6%5.6%
Adjusted net savings including particulate emission damage, % of GNI8%-13.3%
Gross savings, % of GDP30.2%3.2%
Gross capital formation, % of GDP22.7%14.6%
Total reserves including gold$468.6B$617.1M
Foreign direct investment net inflows$8.8B$12.1M

Exports, imports and economic structure

StatRussiaSolomon Islands
Exports of goods and services, % of GDP30.7%45.1%
Imports of goods and services, % of GDP20.8%53.3%
Current account balance (balance of payments)$113.5B-$50.6M
Revenue excluding grants, % of GDP27.5%33.8%
Grants excluding technical cooperation, BoP$658.1M$153.5M
Personal remittances received$8.6B$19.3M
Industry including construction value added, % of GDP32.1%N/A
Agriculture, forestry and fishing value added, % of GDP3.1%35%
Charges for the use of intellectual property, payments BoP$6.3B$4.4M
Charges for the use of intellectual property, receipts BoP$876.1M$599k
Expense, % of GDP28.9%31.9%
Government Expenditure, % of GDP34.7%46.8%

Compare with countries close by GDP per capita

Russia vs

CountryGDP
per capita
Population
Trinidad and Tobago
$17k
1.34M
Antigua and Barbuda
$17k
101k
Seychelles
$16k
95.8k
Oman
$16k
3.63M
Hungary
$16k
9.97M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
20.9k
Panama
$16k
3.86M
Poland
$15k
38.5M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.87M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
345k
Equatorial Guinea
$10k
1.22M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7.27M
Brazil
$8.9k
208M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.3M
Lebanon
$8.3k
4.47M

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
101M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
850k
Papua New Guinea
$2.7k
7.32M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.77M
Honduras
$2.5k
8.1M
Ghana
$2.2k
28.3M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
14.1M
East Timor
$2k
1.18M
Syria
$2k
19.8M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.35B
Sao Tome and Principe
$2k
193k
Ivory Coast
$1.7k
20.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
24.9M
Bangladesh
$1.7k
157M
Kiribati
$1.6k
102k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
14.1M