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Economy of Solomon Islands vs Tajikistan compared: GDP & Debt

Updated on by Georank team

The Solomon Islands has a GDP of $1.58B compared to $14.2B for Tajikistan, ranking 182/197 and 145/197 by economy size, respectively.

The Solomon Islands has $350M in government debt (22.1% of GDP), compared to $3.54B (24.9% of GDP) in Tajikistan.

Solomon Islands vs Tajikistan GDP by year

Solomon Islands
Tajikistan
1x
Year GDP, current $
Solomon Islands Tajikistan
2024 $1,583,964,704 $14,204,575,549
2023 $1,506,124,566 $12,244,169,293
2022 $1,466,670,930 $10,713,525,200
2021 $1,558,312,104 $8,937,805,347
2020 $1,536,143,428 $8,133,963,551
2019 $1,619,150,564 $8,300,813,599
2018 $1,615,473,250 $7,764,999,999
2017 $1,469,790,526 $7,536,402,853
2016 $1,379,486,291 $6,992,416,097
2015 $1,307,908,814 $8,271,431,485
2014 $1,335,576,763 $9,112,605,459
2013 $1,285,905,958 $8,448,411,318
2012 $1,185,217,634 $7,633,036,903
2011 $1,063,898,227 $6,522,756,255
2010 $898,128,551 $5,642,221,099
2009 $805,557,289 $4,979,472,364
2008 $776,335,523 $5,161,299,725
2007 $695,291,218 $3,719,524,541
2006 $617,257,458 $2,830,213,849
2005 $552,881,357 $2,312,352,021
2004 $468,000,121 $2,076,176,869
2003 $417,666,639 $1,555,318,261
2002 $346,406,739 $1,221,106,220
2001 $409,508,553 $1,080,772,551
2000 $419,842,674 $860,541,842
1999 $488,024,514 $1,086,612,290
1998 $457,579,840 $1,320,199,582
1997 $526,554,006 $921,518,033
1996 $510,586,430 $1,043,654,822
1995 $469,443,202 $1,231,561,860
1994 $402,837,005 $1,522,001,206
1993 $300,746,361 $1,646,623,195
1992 $269,034,596 $1,908,554,572
1991 $227,540,473 $2,536,585,366
1990 $214,877,667 $2,629,395,066
1989 $172,882,411 -
1988 $176,494,394 -
1987 $155,128,542 -
1986 $147,620,048 -
1985 $165,524,943 -
1984 $181,570,474 -
1983 $181,220,399 -
1982 $192,902,019 -
1981 $193,750,541 -
1980 $182,852,107 -
1979 $151,276,496 -
1978 $111,027,427 -
1977 $93,145,283 -
1976 $83,100,834 -
1975 $74,620,320 -
1974 $84,539,332 -
1973 $55,272,109 -
1972 $40,606,712 -
1971 $50,056,883 -
1970 - -
1969 $28,606,411 -
1968 $28,084,253 -
1967 $25,203,524 -

Data sources: World Bank | Economy & Growth (1967–2024, retrieved 2026-04-06).

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

GDP per capita in Solomon Islands vs Tajikistan by year

Solomon Islands
GDP per capita

GDP per capita, PPP
Tajikistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Solomon Islands Tajikistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,934 $2,675 $1,341 $5,406
2023 $1,883 $2,597 $1,178 $4,964
2022 $1,878 $2,496 $1,052 $4,514
2021 $2,043 $2,450 $897 $3,986
2020 $2,063 $2,405 $834 $3,654
2019 $2,224 $2,512 $871 $3,460
2018 $2,278 $2,494 $834 $3,069
2017 $2,144 $2,454 $829 $3,017
2016 $2,083 $2,421 $789 $2,914
2015 $2,045 $2,354 $957 $2,975
2014 $2,165 $2,377 $1,082 $3,152
2013 $2,161 $2,394 $1,028 $2,919
2012 $2,066 $2,320 $952 $2,679
2011 $1,924 $2,306 $834 $2,456
2010 $1,685 $2,182 $737 $2,291
2009 $1,555 $2,021 $665 $2,171
2008 $1,526 $1,989 $703 $2,120
2007 $1,390 $1,869 $517 $1,966
2006 $1,256 $1,786 $401 $1,810
2005 $1,144 $1,693 $334 $1,673
2004 $986 $1,556 $306 $1,550
2003 $896 $1,433 $233.6 $1,396
2002 $757 $1,344 $187 $1,257
2001 $912 $1,387 $168.7 $1,139
2000 $953 $1,503 $136.9 $1,036
1999 $1,134 $1,754 $175 $947
1998 $1,092 $1,785 $213.7 $905
1997 $1,292 $1,793 $150.1 $855
1996 $1,289 $1,830 $172 $836
1995 $1,220 $1,820 $207 $1,006
1994 $1,078 $1,668 $261.3 $1,148
1993 $829 $1,556 $287.6 $1,454
1992 $764 $1,505 $338 $1,721
1991 $666 $1,346 $458 $2,417
1990 $648 $1,266 $487 $2,583
1989 $538 - - -
1988 $567 - - -
1987 $515 - - -
1986 $506 - - -
1985 $586 - - -
1984 $665 - - -
1983 $686 - - -
1982 $756 - - -
1981 $786 - - -
1980 $768 - - -
1979 $658 - - -
1978 $500 - - -
1977 $434 - - -
1976 $401 - - -
1975 $372 - - -
1974 $433 - - -
1973 $291.3 - - -
1972 $219.5 - - -
1971 $277.1 - - -
1970 - - - -
1969 $165.9 - - -
1968 $166.9 - - -
1967 $153.5 - - -

Data sources: World Bank | Economy & Growth (1967–2024, retrieved 2026-04-06).

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

The Solomon Islands' GDP per capita is $1,934, ranking 157/197, compared to $1,341 in Tajikistan, ranking 166/197. Adjusted for purchasing power (GDP per capita PPP), the Solomon Islands ranks 183rd at $2,675, while Tajikistan ranks 157th at $5,406.

Economic indicators

Solomon Islands Tajikistan
Gross domestic product
$1.58B
2024
$14.2B
2024
GDP rank
182/197
2024
145/197
2024
GDP growth
3%
2023-2024
8.4%
2023-2024
GDP per capita
$1,934
2024
$1,341
2024
GDP per capita rank
157/197
2024
166/197
2024
GDP per capita, PPP
$2,675
2024
$5,406
2024
GDP per capita PPP rank
183/197
2024
157/197
2024
Government debt
$350M
2024
$3.54B
2024
Debt-to-GDP ratio
22.1%
2024
24.9%
2024
Government debt per person
$427
2024
$335
2024
Government debt per person rank
169/185
2024
175/185
2024
Average annual personal income after taxes
$1,776
2026
$2,591
2026
Income share by richest 10%
29.2%
2012
28.2%
2024
Income share by poorest 10%
2.8%
2012
2.9%
2024
Government expenditure, % of GDP
35.8%
2024
27.7%
2024
Consumer prices inflation
4.32%
2023-2024
3.5%
2023-2024
Central bank interest rate n/a
7.75%
2025
Unemployment rate
0.69%
2013
0.08%
2016
Population
863951
11038274

Spending and national debt comparison by year

Solomon Islands
Spending

Debt
Tajikistan
Spending

Debt
1x
Year % of GDP
Solomon Islands Tajikistan
Government spending Government debt Government spending Government debt
2024 35.8% 22.1% 27.7% 24.9%
2023 40.1% 20.3% 28% 29.9%
2022 40.8% 15.5% 27.4% 31.8%
2021 37.8% 15.9% 27.6% 42%
2020 40.4% 12.8% 29.2% 50.9%
2019 35.6% 7.82% 28.8% 43.2%
2018 34.8% 7.95% 30.9% 46.3%
2017 40.4% 8.77% 33.8% 46.3%
2016 39.6% 7.54% 32.7% 42.2%
2015 41.5% 7.88% 31.9% 35%
2014 39.8% 10.1% 27.5% 27.9%
2013 41.8% 11.6% 27.7% 29.3%
2012 29.4% 13.3% 24.7% 32.5%
2011 27% 18.3% 24.3% 35.5%
2010 23.9% 22.9% 25.9% 36.8%
2009 24.8% 18.9% 23.6% 36.9%
2008 27% 28.9% 20.2% 30.2%
2007 23.7% 33% 20.3% 34.3%
2006 19.9% 42.3% 21.6% 36.8%
2005 17% 44.7% 22.9% 45.8%
2004 14.7% 58.2% 20.2% 49.4%
2003 14.9% 61.3% 19.1% 69.8%
2002 16.7% 65.7% 19.1% 98.3%
2001 18.1% 52.8% 17.3% 99.4%
2000 18.7% 44.3% 18.1% 111.4%
1999 18.7% 42% 17.5% 107.8%
1998 15.5% 39.5% 17.1% 96.6%
1997 19.3% 25.9% - -
1996 24.2% - - -
1995 24.7% - - -
1994 30.2% - - -
1993 33.2% - - -
1992 35.1% - - -
1991 39.4% - - -
1990 30% - - -

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

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

In 2024, the Solomon Islands' government spending was $567M, accounting for 35.8% of its GDP, while Tajikistan spent $3.93B, or 27.7% of GDP.

Debt-to-GDP ratio is 22.1% in the Solomon Islands and 24.9% in Tajikistan, ranking 173/185 and 166/185, respectively.

Government deficit by year

Deficit/surplus
Solomon Islands

Tajikistan
1x
Year Deficit/surplus, % of GDP
Solomon Islands Tajikistan
2024 -3.08% 0.28%
2023 -3.81% -0.93%
2022 -2.51% -0.23%
2021 -1.86% -0.64%
2020 -2.44% -4.34%
2019 -1.52% -2.04%
2018 1.49% -2.69%
2017 -2.27% -5.65%
2016 -3.56% -2.91%
2015 0.81% -1.96%
2014 2.13% 0.92%
2013 3.57% -0.73%
2012 4.63% 0.41%
2011 6.22% 0.6%
2010 6.02% -2.71%
2009 2.35% -0.2%
2008 1.94% 1.94%
2007 15.3% 2.13%
2006 13% 2%
2005 13.4% -2.83%
2004 17% -2.32%
2003 10.6% -1.74%
2002 -4.35% -2.4%
2001 -2.4% -2.11%
2000 -2.93% -4.51%
1999 -0.32% -4.03%
1998 5.04% -5.09%
1997 2.14% -
1996 3.73% -
1995 3.19% -
1994 4.33% -
1993 2.45% -
1992 4.13% -
1991 0.14% -
1990 0.58% -

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

GeoRank.org/economy/solomon-islands/tajikistan | 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 Tajikistan's surplus of $39.2M, or 0.28% of GDP.

Over the past 27 years, the Solomon Islands recorded a fiscal deficit in 12 of those years, while Tajikistan ran a deficit in 20 years. On average, the Solomon Islands posted an annual surplus equal to 2.68% of GDP, compared to deficit of 1.55% of GDP for Tajikistan.

Inflation comparison by year

Inflation
Solomon Islands

Tajikistan
1x
Year Consumer prices inflation
Solomon Islands Tajikistan
2024 4.32% 3.5%
2023 5.89% 3.7%
2022 5.52% 6.6%
2021 -0.12% 9%
2020 2.96% 8.6%
2019 1.63% 7.8%
2018 3.46% 3.8%
2017 0.49% 7.3%
2016 0.51% 5.9%
2015 -0.57% 5.8%
2014 5.17% 6.1%
2013 5.39% 5%
2012 5.91% 5.8%
2011 7.34% 12.4%
2010 1.05% 6.5%
2009 7.09% 6.4%
2008 17.3% 20.4%
2007 7.67% 13.2%
2006 11.2% 10%
2005 7.33% 7.3%
2004 6.99% 7.2%
2003 8.27% 16.4%
2002 10.9% 12.2%
2001 6.93% 38.6%
2000 7.89% 32.9%
1999 8.02% 27.5%
1998 12.4% 43.2%
1997 8.08% 88%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, the Solomon Islands has recorded an average annual inflation rate of 6.04%, compared with 15% in Tajikistan. In 2024, inflation was 4.32% in the Solomon Islands and 3.5% in Tajikistan.

Balance of trade

Solomon Islands Tajikistan
Current account balance
-$66.2M
2024
$887M
2024
Current account balance ranking
87/190
2024
54/190
2024
Current account balance, % of GDP
-4.18%
2024
+6.24%
2024
Goods imports
$609M
2024
$5.94B
2024
Goods exports
$510M
2024
$1.42B
2024
Service imports
$248M
2024
$971M
2024
Service exports
$133M
2024
$195M
2024
Imports of goods and services, % of GDP
70.8%
2024
48.4%
2023
Exports of goods and services, % of GDP
40.6%
2024
17.2%
2023

Economic freedom indices

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

Solomon Islands Tajikistan
Economic freedom 53.7 52.5
Economic freedom ranking 137/197 147/197
Property rights 55.8 28.4
Government integrity 42.7 18.5
Judicial effectiveness 59.1 10.1
Tax burden 71.3 94.2
Government spending 54.6 77
Fiscal health 83.3 98.6
Business freedom 52.3 60.6
Labor freedom 60.4 43.4
Monetary freedom 76.5 72.6
Trade freedom 43.6 72.2
Investment freedom 15 25
Financial freedom 30 30

Economic freedom comparison by year

Solomon Islands
Tajikistan
1x
Year Economic freedom index
Solomon Islands Tajikistan
2026 53.7 52.5
2025 56.3 51.5
2024 55 51.3
2023 56.9 50.6
2022 56.5 49.7
2021 56.5 55.2
2020 52.9 52.2
2019 54.6 55.6
2018 57.5 58.3
2017 55 58.2
2016 47 51.3
2015 47 52.7
2014 46.2 52
2013 45 53.4
2012 46.2 53.4
2011 45.9 53.5
2010 42.9 53
2009 46 54.6
2008 - 54.4
2007 - 53.6
2006 - 52.6
2005 - 50.4
2004 - 48.7
2003 - 46.5
2002 - 47.3
2001 - 46.8
2000 - 44.8
1999 - 41.2
1998 - 41.1

Data sources: The Heritage Foundation | Economic Freedom Index (1998–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for the Solomon Islands is 53.7, ranking 137/197, compared to 52.5 for Tajikistan, ranking 147/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Solomon Islands Tajikistan
Services, % of GDP
46.9%
2024
34.7%
2023
Industry, % of GDP
23.4%
2024
33.6%
2023
Agriculture, forestry, and fishing, % of GDP
29.7%
2024
22.9%
2023
GNI, Atlas method
$1.57B
2024
$17.5B
2024
GNI per capita, PPP
$2,680
2024
$7,100
2024
Total reserves including gold
$688M
2023
$3.3B
2023
Total reserves ranking
149/177
2023
117/177
2023
Net foreign direct investment
$19.9M
2024
-$190M
2024
Net inflows of foreign direct investment
$33M
2024
$291M
2024
Net outflows of foreign direct investment
$52.9M
2024
$101M
2024
Servicing debt to the IMF, % of GNI
1.64%
2024
3.07%
2024
Poverty at national poverty lines
12.7%
2012
19.8%
2024
Gross capital formation, % of GDP
19.5%
2024
31.7%
2023

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/tajikistan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1967–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1998–2026, 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.