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Economy of Solomon Islands vs Syria compared: GDP & Debt

Updated on by Georank team

The Solomon Islands has a GDP of $1.58B compared to $20B for Syria, ranking 182/197 and 129/197 by economy size, respectively.

The Solomon Islands has $350M in government debt (22.1% of GDP), compared to $18.4B (30% of GDP) in Syria.

Solomon Islands vs Syria GDP by year

Solomon Islands
Syria
1x
Year GDP, current $
Solomon Islands Syria
2024 $1,583,964,704 -
2023 $1,506,124,566 $19,993,439,950
2022 $1,466,670,930 $23,622,827,080
2021 $1,558,312,104 $14,353,205,678
2020 $1,536,143,428 $12,047,752,036
2019 $1,619,150,564 $22,583,045,060
2018 $1,615,473,250 $21,497,782,868
2017 $1,469,790,526 $16,369,843,352
2016 $1,379,486,291 $12,597,854,877
2015 $1,307,908,814 $16,466,863,117
2014 $1,335,576,763 $21,502,061,466
2013 $1,285,905,958 $21,361,254,635
2012 $1,185,217,634 $43,190,318,033
2011 $1,063,898,227 $67,539,428,159
2010 $898,128,551 $61,390,830,875
2009 $805,557,289 $54,111,735,629
2008 $776,335,523 $52,557,913,569
2007 $695,291,218 $40,465,318,382
2006 $617,257,458 $33,751,788,856
2005 $552,881,357 $28,858,965,517
2004 $468,000,121 $25,086,950,495
2003 $417,666,639 $21,828,144,686
2002 $346,406,739 $20,669,357,462
2001 $409,508,553 $20,237,024,725
2000 $419,842,674 $18,937,052,543
1999 $488,024,514 $15,873,875,969
1998 $457,579,840 $15,200,846,154
1997 $526,554,006 $14,505,233,463
1996 $510,586,430 $13,789,560,878
1995 $469,443,202 $11,396,706,587
1994 $402,837,005 $10,122,020,000
1993 $300,746,361 $13,695,962,055
1992 $269,034,596 $13,253,565,861
1991 $227,540,473 $12,981,833,333
1990 $214,877,667 $12,308,624,418
1989 $172,882,411 $9,853,395,762
1988 $176,494,394 $10,577,041,645
1987 $155,128,542 $11,356,215,543
1986 $147,620,048 $13,293,205,278
1985 $165,524,943 $16,403,539,893
1984 $181,570,474 $17,503,078,174
1983 $181,220,399 $17,589,277,143
1982 $192,902,019 $16,298,929,011
1981 $193,750,541 $15,518,201,335
1980 $182,852,107 $13,062,420,382
1979 $151,276,496 $9,929,681,529
1978 $111,027,427 $9,275,200,458
1977 $93,145,283 $7,696,011,396
1976 $83,100,834 $7,633,528,867
1975 $74,620,320 $6,826,980,444
1974 $84,539,332 $5,159,557,148
1973 $55,272,109 $3,239,487,516
1972 $40,606,712 $3,059,681,698
1971 $50,056,883 $2,589,851,325
1970 - $2,140,384,010
1969 $28,606,411 $2,245,011,515
1968 $28,084,253 $1,753,746,430
1967 $25,203,524 $1,580,229,799
1966 - $1,342,287,553
1965 - $1,472,036,540
1964 - $1,339,494,267
1963 - $1,200,447,408
1962 - $1,110,565,881
1961 - $945,244,972
1960 - $857,704,413

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

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

GDP per capita in Solomon Islands vs Syria by year

Solomon Islands
GDP per capita

GDP per capita, PPP
Syria
GDP per capita

GDP per capita, PPP
1x
Year Current $
Solomon Islands Syria
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,934 $2,675 - -
2023 $1,883 $2,597 $847 $4,650
2022 $1,878 $2,496 $1,052 $4,772
2021 $2,043 $2,450 $664 $4,593
2020 $2,063 $2,405 $572 $3,738
2019 $2,224 $2,512 $1,110 $3,502
2018 $2,278 $2,494 $1,098 $3,456
2017 $2,144 $2,454 $852 $3,265
2016 $2,083 $2,421 $656 -
2015 $2,045 $2,354 $848 -
2014 $2,165 $2,377 $1,061 -
2013 $2,161 $2,394 $986 -
2012 $2,066 $2,320 $1,898 -
2011 $1,924 $2,306 $2,952 -
2010 $1,685 $2,182 $2,731 -
2009 $1,555 $2,021 $2,462 -
2008 $1,526 $1,989 $2,429 -
2007 $1,390 $1,869 $1,938 -
2006 $1,256 $1,786 $1,719 -
2005 $1,144 $1,693 $1,534 -
2004 $986 $1,556 $1,368 -
2003 $896 $1,433 $1,220 -
2002 $757 $1,344 $1,183 -
2001 $912 $1,387 $1,187 -
2000 $953 $1,503 $1,138 -
1999 $1,134 $1,754 $978 -
1998 $1,092 $1,785 $961 -
1997 $1,292 $1,793 $941 -
1996 $1,289 $1,830 $918 -
1995 $1,220 $1,820 $780 -
1994 $1,078 $1,668 $712 -
1993 $829 $1,556 $993 -
1992 $764 $1,505 $990 -
1991 $666 $1,346 $1,000 -
1990 $648 $1,266 $978 -
1989 $538 - $809 -
1988 $567 - $898 -
1987 $515 - $997 -
1986 $506 - $1,208 -
1985 $586 - $1,544 -
1984 $665 - $1,706 -
1983 $686 - $1,776 -
1982 $756 - $1,703 -
1981 $786 - $1,676 -
1980 $768 - $1,458 -
1979 $658 - $1,146 -
1978 $500 - $1,108 -
1977 $434 - $951 -
1976 $401 - $976 -
1975 $372 - $904 -
1974 $433 - $707 -
1973 $291.3 - $459 -
1972 $219.5 - $448 -
1971 $277.1 - $393 -
1970 - - $335 -
1969 $165.9 - $364 -
1968 $166.9 - $293.3 -
1967 $153.5 - $272.9 -
1966 - - $239.3 -
1965 - - $270.8 -
1964 - - $254.2 -
1963 - - $234.9 -
1962 - - $223.9 -
1961 - - $196.3 -
1960 - - $183.5 -

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

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

The Solomon Islands' GDP per capita is $1,934, ranking 157/197, compared to $847 in Syria, ranking 185/197. Adjusted for purchasing power (GDP per capita PPP), the Solomon Islands ranks 183rd at $2,675, while Syria ranks 160th at $4,650.

Economic indicators

Solomon Islands Syria
Gross domestic product
$1.58B
2024
$20B
2023
GDP rank
182/197
2024
129/197
2023
GDP growth
3%
2023-2024
-1.21%
2022-2023
GDP per capita
$1,934
2024
$847
2023
GDP per capita rank
157/197
2024
185/197
2023
GDP per capita, PPP
$2,675
2024
$4,650
2023
GDP per capita PPP rank
183/197
2024
160/197
2023
Government debt
$350M
2024
$18.4B
2010
Debt-to-GDP ratio
22.1%
2024
30%
2010
Government debt per person
$427
2024
$820
2010
Government debt per person rank
169/185
2024
148/185
2010
Average annual personal income after taxes
$1,776
2026
$730
2026
Income share by richest 10%
29.2%
2012
21.1%
2022
Income share by poorest 10%
2.8%
2012
3.8%
2022
Government expenditure, % of GDP
35.8%
2024
28.6%
2010
Consumer prices inflation
4.32%
2023-2024
13.4%
2018-2019
Unemployment rate
0.69%
2013
8.61%
2010
Population
863951
26829400

Spending and national debt comparison by year

Solomon Islands
Spending

Debt
Syria
Spending

Debt
1x
Year % of GDP
Solomon Islands Syria
Government spending Government debt Government spending Government debt
2024 35.8% 22.1% - -
2023 40.1% 20.3% - -
2022 40.8% 15.5% - -
2021 37.8% 15.9% - -
2020 40.4% 12.8% - -
2019 35.6% 7.82% - -
2018 34.8% 7.95% - -
2017 40.4% 8.77% - -
2016 39.6% 7.54% - -
2015 41.5% 7.88% - -
2014 39.8% 10.1% - -
2013 41.8% 11.6% - -
2012 29.4% 13.3% - -
2011 27% 18.3% - -
2010 23.9% 22.9% 28.6% 30%
2009 24.8% 18.9% 26.7% 31.2%
2008 27% 28.9% 22.9% 37.3%
2007 23.7% 33% 25.7% 42.7%
2006 19.9% 42.3% 26.3% 45%
2005 17% 44.7% 28.2% 50.7%
2004 14.7% 58.2% 31.3% 113%
2003 14.9% 61.3% 32.6% 133.4%
2002 16.7% 65.7% 28.5% 132.4%
2001 18.1% 52.8% 28% 144.5%
2000 18.7% 44.3% 27.4% 152.1%
1999 18.7% 42% 28% 147.7%
1998 15.5% 39.5% 28.8% 151.2%
1997 19.3% 25.9% 29% 147.6%
1996 24.2% - 27.7% 141.5%
1995 24.7% - 29.8% 152.6%
1994 30.2% - 30.3% 163%
1993 33.2% - 29.4% 171.9%
1992 35.1% - 34.2% 173.6%
1991 39.4% - 34.3% 182.4%
1990 30% - 28.3% 189.8%

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

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

In 2024, the Solomon Islands' government spending was $567M, accounting for 35.8% of its GDP, while Syria spent $17.6B, or 28.6% of GDP.

Debt-to-GDP ratio is 22.1% in the Solomon Islands and 30% in Syria, ranking 173/185 and 157/185, respectively.

Government deficit by year

Deficit/surplus
Solomon Islands

Syria
1x
Year Deficit/surplus, % of GDP
Solomon Islands Syria
2024 -3.08% -
2023 -3.81% -
2022 -2.51% -
2021 -1.86% -
2020 -2.44% -
2019 -1.52% -
2018 1.49% -
2017 -2.27% -
2016 -3.56% -
2015 0.81% -
2014 2.13% -
2013 3.57% -
2012 4.63% -
2011 6.22% -
2010 6.02% -7.79%
2009 2.35% -2.89%
2008 1.94% -2.86%
2007 15.3% -2.99%
2006 13% -1.12%
2005 13.4% -4.41%
2004 17% -4.18%
2003 10.6% -2.7%
2002 -4.35% -2.02%
2001 -2.4% 2.3%
2000 -2.93% -1.36%
1999 -0.32% -1.47%
1998 5.04% -2.81%
1997 2.14% -1.78%
1996 3.73% -2.83%
1995 3.19% -3.81%
1994 4.33% -6%
1993 2.45% -4.96%
1992 4.13% -7.26%
1991 0.14% -6.57%
1990 0.58% -3.92%

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

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

In 2010, the Solomon Islands' government surplus, the difference between spending and revenue, was $54M, equivalent to 6.02% of GDP. This compares to Syria's deficit of $4.78B, or 7.79% of GDP.

Over the past 21 years, the Solomon Islands recorded a fiscal deficit in 4 of those years, while Syria ran a deficit in 20 years. On average, the Solomon Islands posted an annual surplus equal to 4.54% of GDP, compared to deficit of 3.4% of GDP for Syria.

Inflation comparison by year

Inflation
Solomon Islands

Syria
1x
Year Consumer prices inflation
Solomon Islands Syria
2024 4.32% -
2023 5.89% -
2022 5.52% -
2021 -0.12% -
2020 2.96% -
2019 1.63% 13.4%
2018 3.46% 0.94%
2017 0.49% 18.1%
2016 0.51% 47.7%
2015 -0.57% 38.5%
2014 5.17% 10.9%
2013 5.39% 40%
2012 5.91% 36.7%
2011 7.34% 4.75%
2010 1.05% 4.4%
2009 7.09% 2.92%
2008 17.3% 15.7%
2007 7.67% 3.91%
2006 11.2% 10%
2005 7.33% 7.24%
2004 6.99% 4.43%
2003 8.27% 5.8%
2002 10.9% -0.13%
2001 6.93% 3%
2000 7.89% -3.85%
1999 8.02% -3.7%
1998 12.4% -0.8%
1997 8.08% 1.89%

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

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

Over the past 23 years, the Solomon Islands has recorded an average annual inflation rate of 6.54%, compared with 11.4% in Syria. In 2019, inflation was 4.32% in the Solomon Islands and 13.4% in Syria.

Balance of trade

Solomon Islands Syria
Current account balance
-$66.2M
2024
-$367M
2010
Current account balance ranking
87/190
2024
103/190
2010
Current account balance, % of GDP
-4.18%
2024
-0.6%
2010
Goods imports
$609M
2024
$15.9B
2010
Goods exports
$510M
2024
$12.3B
2010
Service imports
$248M
2024
$3.53B
2010
Service exports
$133M
2024
$7.33B
2010
Imports of goods and services, % of GDP
70.8%
2024
28.8%
2022
Exports of goods and services, % of GDP
40.6%
2024
6.81%
2022

Economic freedom indices

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

Solomon Islands Syria
Economic freedom 53.7 51.2
Economic freedom ranking 137/197 155/197
Property rights 55.8 4
Government integrity 42.7 3.6
Judicial effectiveness 59.1 3.7
Tax burden 71.3 87.3
Government spending 54.6 78.5
Fiscal health 83.3 13.8
Business freedom 52.3 33.8
Labor freedom 60.4 37.2
Monetary freedom 76.5 80
Trade freedom 43.6 47
Investment freedom 15 0
Financial freedom 30 20

Economic freedom comparison by year

Solomon Islands
Syria
1x
Year Economic freedom index
Solomon Islands Syria
2026 53.7 -
2025 56.3 -
2024 55 -
2023 56.9 -
2022 56.5 -
2021 56.5 -
2020 52.9 -
2019 54.6 -
2018 57.5 -
2017 55 -
2016 47 -
2015 47 -
2014 46.2 -
2013 45 -
2012 46.2 51.2
2011 45.9 51.3
2010 42.9 49.4
2009 46 51.3
2008 - 47.2
2007 - 48.3
2006 - 51.2
2005 - 46.3
2004 - 40.6
2003 - 41.3
2002 - 36.3
2001 - 36.6
2000 - 37.2
1999 - 39
1998 - 42.2
1997 - 43
1996 - 42.3

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for the Solomon Islands is 53.7, ranking 137/197, compared to 51.2 for Syria, ranking 155/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Solomon Islands Syria
Services, % of GDP
46.9%
2024
44.9%
2022
Industry, % of GDP
23.4%
2024
12%
2022
Agriculture, forestry, and fishing, % of GDP
29.7%
2024
43.1%
2022
GNI, Atlas method
$1.57B
2024
$18.2B
2023
GNI per capita, PPP
$2,680
2024
$4,480
2023
Total reserves including gold
$688M
2023
$20.6B
2010
Total reserves ranking
149/177
2023
62/177
2010
Net foreign direct investment
$19.9M
2024
-$1.47B
2010
Net inflows of foreign direct investment
$33M
2024
$0
2024
Net outflows of foreign direct investment
$52.9M
2024
$0
2024
Servicing debt to the IMF, % of GNI
1.64%
2024
0.15%
2023
Poverty at national poverty lines
12.7%
2012
35.2%
2007
Gross capital formation, % of GDP
19.5%
2024
16%
1969

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/syria | 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 (1996–2026, 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)

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.