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Economy of Solomon Islands vs Sudan compared: GDP & Debt

Updated on by Georank team

The Solomon Islands has a GDP of $1.58B compared to $49.7B for Sudan, ranking 182/197 and 94/197 by economy size, respectively.

The Solomon Islands has $350M in government debt (22.1% of GDP), compared to $130B (261.4% of GDP) in Sudan.

Solomon Islands vs Sudan GDP by year

Solomon Islands
Sudan
1x
Year GDP, current $
Solomon Islands Sudan
2024 $1,583,964,704 $49,672,435,513
2023 $1,506,124,566 $39,898,289,821
2022 $1,466,670,930 $51,666,875,363
2021 $1,558,312,104 $34,229,513,775
2020 $1,536,143,428 $27,034,593,750
2019 $1,619,150,564 $32,338,079,165
2018 $1,615,473,250 $32,333,780,383
2017 $1,469,790,526 $41,283,617,976
2016 $1,379,486,291 $42,630,376,000
2015 $1,307,908,814 $51,726,758,677
2014 $1,335,576,763 $49,516,748,618
2013 $1,285,905,958 $43,024,018,082
2012 $1,185,217,634 $37,632,919,967
2011 $1,063,898,227 $55,018,567,211
2010 $898,128,551 $58,962,978,034
2009 $805,557,289 $51,621,044,077
2008 $776,335,523 $64,833,083,257
2007 $695,291,218 $59,440,139,775
2006 $617,257,458 $45,263,831,634
2005 $552,881,357 $35,182,711,988
2004 $468,000,121 $26,646,007,251
2003 $417,666,639 $21,355,298,460
2002 $346,406,739 $18,137,128,388
2001 $409,508,553 $15,716,361,792
2000 $419,842,674 $12,257,299,147
1999 $488,024,514 $10,682,028,340
1998 $457,579,840 $11,250,221,537
1997 $526,554,006 $11,681,175,864
1996 $510,586,430 $9,018,300,725
1995 $469,443,202 $13,830,363,900
1994 $402,837,005 $12,793,794,737
1993 $300,746,361 $8,881,005,436
1992 $269,034,596 $7,031,933,492
1991 $227,540,473 $44,171,194,366
1990 $214,877,667 $33,641,222,222
1989 $172,882,411 $21,408,111,111
1988 $176,494,394 $14,372,555,556
1987 $155,128,542 $12,093,333,333
1986 $147,620,048 $10,092,200,000
1985 $165,524,943 $8,075,259,600
1984 $181,570,474 $10,447,615,385
1983 $181,220,399 $8,230,153,846
1982 $192,902,019 $8,732,542,274
1981 $193,750,541 $10,753,888,154
1980 $182,852,107 $8,951,800,000
1979 $151,276,496 $8,418,407,787
1978 $111,027,427 $8,128,719,315
1977 $93,145,283 $7,499,005,639
1976 $83,100,834 $6,013,210,816
1975 $74,620,320 $4,823,090,192
1974 $84,539,332 $3,958,931,660
1973 $55,272,109 $3,077,254,460
1972 $40,606,712 $2,483,055,722
1971 $50,056,883 $2,288,340,041
1970 - $2,100,229,759
1969 $28,606,411 $1,847,501,441
1968 $28,084,253 $1,677,771,401
1967 $25,203,524 $1,607,409,539
1966 - $1,484,491,676
1965 - $1,446,869,619
1964 - $1,388,282,600
1963 - $1,351,234,926
1962 - $1,328,259,625
1961 - $1,222,860,429
1960 - $1,126,364,162

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/solomon-islands/sudan | CC BY

GDP per capita in Solomon Islands vs Sudan by year

Solomon Islands
GDP per capita

GDP per capita, PPP
Sudan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Solomon Islands Sudan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,934 $2,675 $985 $2,116
2023 $1,883 $2,597 $797 $2,421
2022 $1,878 $2,496 $1,046 $3,355
2021 $2,043 $2,450 $712 $3,249
2020 $2,063 $2,405 $578 $3,349
2019 $2,224 $2,512 $710 $3,914
2018 $2,278 $2,494 $731 $4,199
2017 $2,144 $2,454 $967 $4,252
2016 $2,083 $2,421 $1,033 $4,470
2015 $2,045 $2,354 $1,292 $4,217
2014 $2,165 $2,377 $1,275 $4,261
2013 $2,161 $2,394 $1,139 $3,725
2012 $2,066 $2,320 $1,019 $3,710
2011 $1,924 $2,306 $1,522 $4,112
2010 $1,685 $2,182 $1,665 $3,806
2009 $1,555 $2,021 $1,493 $3,732
2008 $1,526 $1,989 $1,928 $3,938
2007 $1,390 $1,869 $1,814 $3,836
2006 $1,256 $1,786 $1,415 $3,637
2005 $1,144 $1,693 $1,125 $3,407
2004 $986 $1,556 $872 $3,215
2003 $896 $1,433 $714 $3,058
2002 $757 $1,344 $621 $2,898
2001 $912 $1,387 $551 $2,769
2000 $953 $1,503 $441 $2,616
1999 $1,134 $1,754 $394 $2,475
1998 $1,092 $1,785 $425 $2,428
1997 $1,292 $1,793 $453 $2,358
1996 $1,289 $1,830 $357 $2,006
1995 $1,220 $1,820 $561 $1,902
1994 $1,078 $1,668 $532 $1,805
1993 $829 $1,556 $379 $1,794
1992 $764 $1,505 $307 $1,710
1991 $666 $1,346 $1,966 $1,599
1990 $648 $1,266 $1,528 $1,468
1989 $538 - $992 -
1988 $567 - $680 -
1987 $515 - $584 -
1986 $506 - $497 -
1985 $586 - $406 -
1984 $665 - $534 -
1983 $686 - $431 -
1982 $756 - $472 -
1981 $786 - $605 -
1980 $768 - $525 -
1979 $658 - $515 -
1978 $500 - $518 -
1977 $434 - $497 -
1976 $401 - $413 -
1975 $372 - $343 -
1974 $433 - $291.5 -
1973 $291.3 - $235.8 -
1972 $219.5 - $198.2 -
1971 $277.1 - $189 -
1970 - - $179.6 -
1969 $165.9 - $163.5 -
1968 $166.9 - $153.7 -
1967 $153.5 - $152.4 -
1966 - - $145.6 -
1965 - - $146.8 -
1964 - - $145.7 -
1963 - - $146.6 -
1962 - - $148.9 -
1961 - - $141.6 -
1960 - - $134.7 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/solomon-islands/sudan | CC BY

The Solomon Islands' GDP per capita is $1,934, ranking 157/197, compared to $985 in Sudan, ranking 179/197. Adjusted for purchasing power (GDP per capita PPP), the Solomon Islands ranks 183rd at $2,675, while Sudan ranks 185th at $2,116.

Economic indicators

Solomon Islands Sudan
Gross domestic product
$1.58B
2024
$49.7B
2024
GDP rank
182/197
2024
94/197
2024
GDP growth
3%
2023-2024
-14%
2023-2024
GDP per capita
$1,934
2024
$985
2024
GDP per capita rank
157/197
2024
179/197
2024
GDP per capita, PPP
$2,675
2024
$2,116
2024
GDP per capita PPP rank
183/197
2024
185/197
2024
Government debt
$350M
2024
$130B
2024
Debt-to-GDP ratio
22.1%
2024
261.4%
2024
Government debt per person
$427
2024
$2,574
2024
Government debt per person rank
169/185
2024
109/185
2024
Average annual personal income after taxes
$1,776
2026
$1,704
2026
Income share by richest 10%
29.2%
2012
27.8%
2014
Income share by poorest 10%
2.8%
2012
3.2%
2014
Government expenditure, % of GDP
35.8%
2024
6.39%
2024
Consumer prices inflation
4.32%
2023-2024
138.8%
2021-2022
Unemployment rate
0.69%
2013
7.53%
2022
Population
863951
53335233

Spending and national debt comparison by year

Solomon Islands
Spending

Debt
Sudan
Spending

Debt
1x
Year % of GDP
Solomon Islands Sudan
Government spending Government debt Government spending Government debt
2024 35.8% 22.1% 6.39% 261.4%
2023 40.1% 20.3% 8.23% 259.9%
2022 40.8% 15.5% 17.9% 186.9%
2021 37.8% 15.9% 9.84% 189.6%
2020 40.4% 12.8% 10.9% 278.3%
2019 35.6% 7.82% 18.7% 216.5%
2018 34.8% 7.95% 16.8% 209.8%
2017 40.4% 8.77% 12.8% 149.5%
2016 39.6% 7.54% 9.98% 109.9%
2015 41.5% 7.88% 12.4% 93.2%
2014 39.8% 10.1% 13.5% 84.4%
2013 41.8% 11.6% 15.3% 105.8%
2012 29.4% 13.3% 16.5% 117.7%
2011 27% 18.3% 18.2% 78.1%
2010 23.9% 22.9% 17.4% 74.6%
2009 24.8% 18.9% 18.8% 71%
2008 27% 28.9% 19.7% 55.8%
2007 23.7% 33% 19.6% 53.7%
2006 19.9% 42.3% 18.8% 63.7%
2005 17% 44.7% 19.7% 75.5%
2004 14.7% 58.2% 16.5% 97.8%
2003 14.9% 61.3% 12.5% 117.4%
2002 16.7% 65.7% 10.5% 121.7%
2001 18.1% 52.8% 9.87% 125.6%
2000 18.7% 44.3% 10.4% 143.2%
1999 18.7% 42% 8.4% 160.5%
1998 15.5% 39.5% 7.79% 179.7%
1997 19.3% 25.9% 7.38% 167.7%
1996 24.2% - 9.31% 220.9%
1995 24.7% - 12.9% 239%
1994 30.2% - 19.6% 386%
1993 33.2% - 23.7% 285.9%
1992 35.1% - 50.4% 495%
1991 39.4% - 45.7% -
1990 30% - 31% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/solomon-islands/sudan | CC BY

In 2024, the Solomon Islands' government spending was $567M, accounting for 35.8% of its GDP, while Sudan spent $3.17B, or 6.39% of GDP.

Debt-to-GDP ratio is 22.1% in the Solomon Islands and 261.4% in Sudan, ranking 173/185 and 1/185, respectively.

Government deficit by year

Deficit/surplus
Solomon Islands

Sudan
1x
Year Deficit/surplus, % of GDP
Solomon Islands Sudan
2024 -3.08% -3.46%
2023 -3.81% -3.7%
2022 -2.51% -2.15%
2021 -1.86% -0.29%
2020 -2.44% -6.03%
2019 -1.52% -10.8%
2018 1.49% -7.92%
2017 -2.27% -6.07%
2016 -3.56% -3.92%
2015 0.81% -3.87%
2014 2.13% -4.72%
2013 3.57% -5.76%
2012 4.63% -7.37%
2011 6.22% -2.33%
2010 6.02% 0.11%
2009 2.35% -3.8%
2008 1.94% 0.49%
2007 15.3% -2.84%
2006 13% -1.32%
2005 13.4% -1.88%
2004 17% 0.16%
2003 10.6% 0.77%
2002 -4.35% -0.69%
2001 -2.4% -0.77%
2000 -2.93% -0.7%
1999 -0.32% -0.8%
1998 5.04% -0.56%
1997 2.14% -0.59%
1996 3.73% -2.61%
1995 3.19% -3.48%
1994 4.33% -3.03%
1993 2.45% -8.04%
1992 4.13% -24.5%
1991 0.14% -26.5%
1990 0.58% -16.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/solomon-islands/sudan | CC BY

In 2024, the Solomon Islands' government deficit, the difference between spending and revenue, was $48.8M, equivalent to 3.08% of GDP. This compares to Sudan's deficit of $1.72B, or 3.46% of GDP.

Over the past 35 years, the Solomon Islands recorded a fiscal deficit in 12 of those years, while Sudan ran a deficit in 31 years. On average, the Solomon Islands posted an annual surplus equal to 2.66% of GDP, compared to deficit of 4.72% of GDP for Sudan.

Inflation comparison by year

Inflation
Solomon Islands

Sudan
1x
Year Consumer prices inflation
Solomon Islands Sudan
2024 4.32% -
2023 5.89% -
2022 5.52% 138.8%
2021 -0.12% 359%
2020 2.96% 163.3%
2019 1.63% 51%
2018 3.46% 63.3%
2017 0.49% 32.4%
2016 0.51% 17.8%
2015 -0.57% 16.9%
2014 5.17% 36.9%
2013 5.39% 36.5%
2012 5.91% 35.6%
2011 7.34% 18.1%
2010 1.05% 13%
2009 7.09% 11.3%
2008 17.3% 14.3%
2007 7.67% 14.8%
2006 11.2% 7.2%
2005 7.33% 8.51%
2004 6.99% 9.66%
2003 8.27% 6.49%
2002 10.9% 22.2%
2001 6.93% 1.94%
2000 7.89% 7.12%
1999 8.02% 17.2%
1998 12.4% 24.6%
1997 8.08% 47.2%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/solomon-islands/sudan | CC BY

Over the past 26 years, the Solomon Islands has recorded an average annual inflation rate of 6.11%, compared with 45.2% in Sudan. In 2022, inflation was 4.32% in the Solomon Islands and 138.8% in Sudan.

Balance of trade

Solomon Islands Sudan
Current account balance
-$66.2M
2024
-$4.44B
2022
Current account balance ranking
87/190
2024
165/190
2022
Current account balance, % of GDP
-4.18%
2024
-8.6%
2022
Goods imports
$609M
2024
$9.99B
2022
Goods exports
$510M
2024
$4.36B
2022
Service imports
$248M
2024
$1.59B
2022
Service exports
$133M
2024
$1.55B
2022
Imports of goods and services, % of GDP
70.8%
2024
1.27%
2024
Exports of goods and services, % of GDP
40.6%
2024
0.72%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Solomon Islands Sudan
Economic freedom 53.7 32.5
Economic freedom ranking 137/197 191/197
Property rights 55.8 6.5
Government integrity 42.7 13.8
Judicial effectiveness 59.1 2.4
Tax burden 71.3 84.7
Government spending 54.6 96.5
Fiscal health 83.3 64.6
Business freedom 52.3 27.3
Labor freedom 60.4 33.6
Monetary freedom 76.5 6.2
Trade freedom 43.6 29.6
Investment freedom 15 5
Financial freedom 30 20

Economic freedom comparison by year

Solomon Islands
Sudan
1x
Year Economic freedom index
Solomon Islands Sudan
2026 53.7 32.5
2025 56.3 35.3
2024 55 33.9
2023 56.9 32.8
2022 56.5 32
2021 56.5 39.1
2020 52.9 45
2019 54.6 47.7
2018 57.5 49.4
2017 55 48.8
2016 47 -
2015 47 -
2014 46.2 -
2013 45 -
2012 46.2 -
2011 45.9 -
2010 42.9 -
2009 46 -
2008 - -
2007 - -
2006 - -
2005 - -
2004 - -
2003 - -
2002 - -
2001 - -
2000 - 47.2
1999 - 39.6
1998 - 38.3
1997 - 39.9
1996 - 39.2
1995 - 39.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/solomon-islands/sudan | CC BY

The Economic Freedom Index for the Solomon Islands is 53.7, ranking 137/197, compared to 32.5 for Sudan, ranking 191/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Solomon Islands Sudan
Services, % of GDP
46.9%
2024
54.7%
2024
Industry, % of GDP
23.4%
2024
23.2%
2024
Agriculture, forestry, and fishing, % of GDP
29.7%
2024
22.2%
2024
GNI, Atlas method
$1.57B
2024
$35.8B
2024
GNI per capita, PPP
$2,680
2024
$2,050
2024
Total reserves including gold
$688M
2023
$178M
2017
Total reserves ranking
149/177
2023
171/177
2017
Net foreign direct investment
$19.9M
2024
-$574M
2022
Net inflows of foreign direct investment
$33M
2024
$548M
2023
Net outflows of foreign direct investment
$52.9M
2024
$0
2024
Servicing debt to the IMF, % of GNI
1.64%
2024
0.42%
2024
Poverty at national poverty lines
12.7%
2012
46.5%
2020
Gross capital formation, % of GDP
19.5%
2024
2.89%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/solomon-islands/sudan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)
  7. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.