Sao Tome and Principe 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 Sao Tome and Principe ranked 191st with $422.3M. By GDP 5-years average growth and GDP per capita, the Solomon Islands and Sao Tome and Principe ranked 90th vs 48th and 145th vs 151st, respectively.
Gross Domestic Product & Income
| Stat |  Sao Tome and Principe |  Solomon Islands |
|---|---|---|
| GDP | $422.3M | $1.4B |
| GDP growth, 1 year | 3% | 3.4% |
| GDP growth, 5-years average | 4.3% | 3% |
| Population | 204k | 611k |
| GDP per capita | $2k | $2.1k |
| GDP per capita growth | 0.74% | 1.18% |
| Purchasing Power Parity conversion factor | 12.15 | 7.02 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.59 | 0.88 |
| GDP per capita, PPP adjusted | $3.3k | $2.2k |
| GNI, Atlas method | $398.9M | $1.3B |
| GNI per capita | $1.9k | $2k |
| GNI, PPP adjusted | $725.6M | $1.5B |
| GNI per capita, PPP adjusted | $3.4k | $2.3k |
Financial system and Human development
| Stat | Sao Tome and Principe | Solomon Islands |
|---|---|---|
| Income Tax Rate | 20% | 40% |
| Corporate Tax Rate | 25% | 30% |
| Inflation, consumer prices | 7.9% | 1% |
| Inflation, GDP deflator | 4.7% | 3.5% |
| Unemployment | 13.3% | 1.8% |
| Economic Freedom Index | 56.2 | 52.9 |
| Personal Freedom Index | 5.8 | 6.1 |
| Human Freedom Index | 5.6 | 6.1 |
| Property Rights Index | 41 | 54.6 |
| Judical Effectiveness Index | 26.5 | 53.7 |
| Business Freedom Index | 64.8 | 67.7 |
| Fiscal Health Index | 73 | 76.6 |
| Labor Freedom Index | 43.4 | 72 |
| Investment Freedom Index | 60 | 15 |
| Financial Freedom Index | 30 | 30 |
| Trade Freedom Index | 64.2 | 48 |
| Monetary Freedom Index | 68.1 | 84.3 |
| Government Spending Index | 77.1 | 34.2 |
| Tax Burden Index | 88.3 | 65.6 |
| Government Integrity Index | 37.4 | 33.5 |
| Corruption Perceptions Index | 46 | 44 |
| Life expectancy at birth, years | 69.9 | 72.6 |
| Suicide mortality rate, per 100,000 people | 2.3 | 4.7 |
| Mortality caused by road traffic injury, per 100,000 people | 27.5 | 17.4 |
| Intentional homicides, per 100,000 people | 3.4 | 3.8 |
| International tourism, number of arrivals | 33k | 28k |
Government debt & reserves
| Stat | Sao Tome and Principe | Solomon Islands |
|---|---|---|
| Central government debt, % of GDP | 81.3% | 12.1% |
| External debt stocks, % of GNI | 58.8% | 29.1% |
| External debt stocks | $249.6M | $388.5M |
| Short-term debt, % of total reserves | 22.5% | 7% |
| Total debt service, % of exports and primary income | 4.5% | 5.6% |
| Adjusted net savings including particulate emission damage, % of GNI | N/A | -13.3% |
| Gross savings, % of GDP | N/A | 3.2% |
| Gross capital formation, % of GDP | N/A | 14.6% |
| Total reserves including gold | $43.7M | $617.1M |
| Foreign direct investment net inflows | $23.7M | $12.1M |
Exports, imports and economic structure
| Stat | Sao Tome and Principe | Solomon Islands |
|---|---|---|
| Exports of goods and services, % of GDP | N/A | 45.1% |
| Imports of goods and services, % of GDP | N/A | 53.3% |
| Current account balance (balance of payments) | -$62.2M | -$50.6M |
| Revenue excluding grants, % of GDP | N/A | 33.8% |
| Grants excluding technical cooperation, BoP | $28.2M | $153.5M |
| Personal remittances received | $17.8M | $19.3M |
| Industry including construction value added, % of GDP | 14.8% | N/A |
| Agriculture, forestry and fishing value added, % of GDP | 11.4% | 35% |
| Charges for the use of intellectual property, payments BoP | $3.6k | $4.4M |
| Charges for the use of intellectual property, receipts BoP | N/A | $599k |
| Expense, % of GDP | N/A | 31.9% |
| Government Expenditure, % of GDP | 27.6% | 46.8% |
