The Solomon Islands vs Sudan: Economic Indicators Comparison
Sudan with a GDP of $40.9B ranked the 92nd largest economy in the world, while the Solomon Islands ranked 182nd with $1.4B. By GDP 5-years average growth and GDP per capita, Sudan and the Solomon Islands ranked 141st vs 90th and 171st vs 145th, respectively.
Gross Domestic Product & Income
| Stat |  Solomon Islands |  Sudan |
|---|---|---|
| GDP | $1.4B | $40.9B |
| GDP growth, 1 year | 3.4% | -2.1% |
| GDP growth, 5-years average | 3% | 1.8% |
| Population | 611k | 40.5M |
| GDP per capita | $2.1k | $977 |
| GDP per capita growth | 1.18% | -4.63% |
| Purchasing Power Parity conversion factor | 7.02 | 5 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.88 | 0.2 |
| GDP per capita, PPP adjusted | $2.2k | $4.2k |
| GNI, Atlas method | $1.3B | $65.2B |
| GNI per capita | $2k | $1.6k |
| GNI, PPP adjusted | $1.5B | $185.1B |
| GNI per capita, PPP adjusted | $2.3k | $4.4k |
Financial system and Human development
| Stat | Solomon Islands | Sudan |
|---|---|---|
| Income Tax Rate | 40% | 10% |
| Corporate Tax Rate | 30% | 35% |
| Inflation, consumer prices | 1% | 63.3% |
| Inflation, GDP deflator | 3.5% | 23.9% |
| Unemployment | 1.8% | 12.9% |
| Economic Freedom Index | 52.9 | 45 |
| Personal Freedom Index | 6.1 | 3.82 |
| Human Freedom Index | 6.1 | 4.44 |
| Property Rights Index | 54.6 | 33.7 |
| Judical Effectiveness Index | 53.7 | 20.8 |
| Business Freedom Index | 67.7 | 53.5 |
| Fiscal Health Index | 76.6 | 12.4 |
| Labor Freedom Index | 72 | 60 |
| Investment Freedom Index | 15 | 5 |
| Financial Freedom Index | 30 | 20 |
| Trade Freedom Index | 48 | 52 |
| Monetary Freedom Index | 84.3 | 77 |
| Government Spending Index | 34.2 | 94.5 |
| Tax Burden Index | 65.6 | 86.1 |
| Government Integrity Index | 33.5 | 25.5 |
| Corruption Perceptions Index | 44 | 16 |
| Life expectancy at birth, years | 72.6 | 64.9 |
| Suicide mortality rate, per 100,000 people | 4.7 | 8.1 |
| Mortality caused by road traffic injury, per 100,000 people | 17.4 | 25.7 |
| Intentional homicides, per 100,000 people | 3.8 | 5.2 |
| International tourism, number of arrivals | 28k | 836k |
Government debt & reserves
| Stat | Solomon Islands | Sudan |
|---|---|---|
| Central government debt, % of GDP | 12.1% | 163.2% |
| External debt stocks, % of GNI | 29.1% | 56.9% |
| External debt stocks | $388.5M | $21.6B |
| Short-term debt, % of total reserves | 7% | 2986.8% |
| Total debt service, % of exports and primary income | 5.6% | 4.2% |
| Adjusted net savings including particulate emission damage, % of GNI | -13.3% | 0.2% |
| Gross savings, % of GDP | 3.2% | 15.1% |
| Gross capital formation, % of GDP | 14.6% | 19.3% |
| Total reserves including gold | $617.1M | $177.9M |
| Foreign direct investment net inflows | $12.1M | $1.1B |
Exports, imports and economic structure
| Stat | Solomon Islands | Sudan |
|---|---|---|
| Exports of goods and services, % of GDP | 45.1% | 10.2% |
| Imports of goods and services, % of GDP | 53.3% | 12.3% |
| Current account balance (balance of payments) | -$50.6M | -$4.7B |
| Revenue excluding grants, % of GDP | 33.8% | 9.5% |
| Grants excluding technical cooperation, BoP | $153.5M | $918.4M |
| Personal remittances received | $19.3M | $425.2M |
| Industry including construction value added, % of GDP | N/A | 2.4% |
| Agriculture, forestry and fishing value added, % of GDP | 35% | 31.5% |
| Charges for the use of intellectual property, payments BoP | $4.4M | $56k |
| Charges for the use of intellectual property, receipts BoP | $599k | $479 |
| Expense, % of GDP | 31.9% | 10.5% |
| Government Expenditure, % of GDP | 46.8% | 13.6% |
