Solomon Islands World Economy Ranking: 61 stats

Economic indicators provided by The World Bank. Freedom indexes by The Heritage and Cato Institute. Human development data from the United Nations Office of Drugs and Crime.

Gross Domestic Product & Income

Stat	Solomon Islands	Rank
GDP	$1.4B	182
GDP growth, 1 year	3.4%	83
GDP growth, 5-years average	3%	90
Population	611k	165
GDP per capita	$2.1k	145
GDP per capita growth	1.18%	125
Purchasing Power Parity conversion factor	7.02	92
Price level ratio of PPP conversion factor GDP to market exchange rate	0.88	28
GDP per capita, PPP adjusted	$2.2k	177
GNI, Atlas method	$1.3B	176
GNI per capita	$2k	142
GNI, PPP adjusted	$1.5B	174
GNI per capita, PPP adjusted	$2.3k	165

Financial system and Human development

Stat	Solomon Islands	Rank
Income Tax Rate	40%	144
Corporate Tax Rate	30%	144
Inflation, consumer prices	1%	30
Inflation, GDP deflator	3.5%	110
Unemployment	1.8%	18
Economic Freedom Index	52.9	161
Personal Freedom Index	6.1	145
Human Freedom Index	6.1	148
Property Rights Index	54.6	98
Judical Effectiveness Index	53.7	53
Business Freedom Index	67.7	73
Fiscal Health Index	76.6	98
Labor Freedom Index	72	35
Investment Freedom Index	15	168
Financial Freedom Index	30	136
Trade Freedom Index	48	173
Monetary Freedom Index	84.3	13
Government Spending Index	34.2	162
Tax Burden Index	65.6	149
Government Integrity Index	33.5	113
Corruption Perceptions Index	44	86
Life expectancy at birth, years	72.6	107
Suicide mortality rate, per 100,000 people	4.7	59
Mortality caused by road traffic injury, per 100,000 people	17.4	115
Intentional homicides, per 100,000 people	3.8	103
International tourism, number of arrivals	28k	183

Government debt & reserves

Stat	Solomon Islands	Rank
Central government debt, % of GDP	12.1%	178
External debt stocks, % of GNI	29.1%	94
External debt stocks	$388.5M	115
Short-term debt, % of total reserves	7%	88
Total debt service, % of exports and primary income	5.6%	92
Adjusted net savings including particulate emission damage, % of GNI	-13.3%	151
Gross savings, % of GDP	3.2%	166
Gross capital formation, % of GDP	14.6%	160
Total reserves including gold	$617.1M	141
Foreign direct investment net inflows	$12.1M	168

Exports, imports and economic structure

Stat	Solomon Islands	Rank
Exports of goods and services, % of GDP	45.1%	62
Imports of goods and services, % of GDP	53.3%	64
Current account balance (balance of payments)	-$50.6M	63
Revenue excluding grants, % of GDP	33.8%	32
Grants excluding technical cooperation, BoP	$153.5M	85
Personal remittances received	$19.3M	166
Industry including construction value added, % of GDP	N/A	-
Agriculture, forestry and fishing value added, % of GDP	35%	8
Charges for the use of intellectual property, payments BoP	$4.4M	121
Charges for the use of intellectual property, receipts BoP	$599k	116
Expense, % of GDP	31.9%	45
Government Expenditure, % of GDP	46.8%	17