Samoa vs the Solomon Islands: Economic Indicators Comparison

The Solomon Islands with a GDP of $1.4B ranked the 182nd largest economy in the world, while Samoa ranked 187th with $820.5M. By GDP 5-years average growth and GDP per capita, the Solomon Islands and Samoa ranked 90th vs 106th and 145th vs 116th, respectively.

Gross Domestic Product & Income

StatSamoaSolomon Islands
GDP$820.5M$1.4B
GDP growth, 1 year0.7%3.4%
GDP growth, 5-years average2.7%3%
Population196k611k
GDP per capita$4.2k$2.1k
GDP per capita growth-2.56%1.18%
Purchasing Power Parity conversion factor1.667.02
Price level ratio of PPP conversion factor GDP to market exchange rate0.650.88
GDP per capita, PPP adjusted$5.9k$2.2k
GNI, Atlas method$789.4M$1.3B
GNI per capita$4k$2k
GNI, PPP adjusted$1.2B$1.5B
GNI per capita, PPP adjusted$6.3k$2.3k

Financial system and Human development

StatSamoaSolomon Islands
Income Tax Rate27%40%
Corporate Tax Rate27%30%
Inflation, consumer prices3.7%1%
Inflation, GDP deflator2%3.5%
Unemployment8.3%1.8%
Economic Freedom Index62.152.9
Personal Freedom Index6.26.1
Human Freedom Index6.26.1
Property Rights Index60.554.6
Judical Effectiveness Index31.753.7
Business Freedom Index76.667.7
Fiscal Health Index94.676.6
Labor Freedom Index78.872
Investment Freedom Index5515
Financial Freedom Index3030
Trade Freedom Index64.648
Monetary Freedom Index79.584.3
Government Spending Index62.534.2
Tax Burden Index79.665.6
Government Integrity Index31.533.5
Corruption Perceptions Index4844
Life expectancy at birth, years7372.6
Suicide mortality rate, per 100,000 people4.44.7
Mortality caused by road traffic injury, per 100,000 people11.317.4
Intentional homicides, per 100,000 people3.23.8
International tourism, number of arrivals164k28k

Government debt & reserves

StatSamoaSolomon Islands
Central government debt, % of GDP50.2%12.1%
External debt stocks, % of GNI51.3%29.1%
External debt stocks$427.5M$388.5M
Short-term debt, % of total reserves0%7%
Total debt service, % of exports and primary income9.8%5.6%
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 gold$169.9M$617.1M
Foreign direct investment net inflows$16.7M$12.1M

Exports, imports and economic structure

StatSamoaSolomon Islands
Exports of goods and services, % of GDP32.6%45.1%
Imports of goods and services, % of GDP47.8%53.3%
Current account balance (balance of payments)$20.5M-$50.6M
Revenue excluding grants, % of GDP33.1%33.8%
Grants excluding technical cooperation, BoP$89.6M$153.5M
Personal remittances received$147.4M$19.3M
Industry including construction value added, % of GDP15.1%N/A
Agriculture, forestry and fishing value added, % of GDP9.8%35%
Charges for the use of intellectual property, payments BoP$586k$4.4M
Charges for the use of intellectual property, receipts BoP$538k$599k
Expense, % of GDP27.8%31.9%
Government Expenditure, % of GDP35.3%46.8%

Compare with countries close by GDP per capita

Samoa vs

CountryGDP
per capita
Population
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M

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