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Economy of Solomon Islands vs Tunisia compared: GDP & Debt

Updated on by Georank team

The Solomon Islands has a GDP of $1.58B compared to $51.3B for Tunisia, ranking 182/197 and 93/197 by economy size, respectively.

The Solomon Islands has $350M in government debt (22.1% of GDP), compared to $42.8B (83.4% of GDP) in Tunisia.

Solomon Islands vs Tunisia GDP by year

Solomon Islands
Tunisia
1x
Year GDP, current $
Solomon Islands Tunisia
2024 $1,583,964,704 $51,332,285,657
2023 $1,506,124,566 $48,205,328,303
2022 $1,466,670,930 $44,929,920,093
2021 $1,558,312,104 $47,073,234,359
2020 $1,536,143,428 $42,491,780,918
2019 $1,619,150,564 $41,905,642,419
2018 $1,615,473,250 $42,686,504,460
2017 $1,469,790,526 $42,163,530,591
2016 $1,379,486,291 $44,360,072,680
2015 $1,307,908,814 $45,779,494,042
2014 $1,335,576,763 $50,271,812,921
2013 $1,285,905,958 $48,685,446,414
2012 $1,185,217,634 $47,311,401,813
2011 $1,063,898,227 $48,123,325,825
2010 $898,128,551 $46,206,091,938
2009 $805,557,289 $43,455,740,497
2008 $776,335,523 $44,859,439,902
2007 $695,291,218 $38,915,353,867
2006 $617,257,458 $34,376,664,601
2005 $552,881,357 $32,272,186,695
2004 $468,000,121 $31,183,885,241
2003 $417,666,639 $27,453,902,261
2002 $346,406,739 $23,141,616,605
2001 $409,508,553 $22,065,832,449
2000 $419,842,674 $21,473,528,161
1999 $488,024,514 $22,943,202,175
1998 $457,579,840 $21,802,893,587
1997 $526,554,006 $20,746,210,354
1996 $510,586,430 $19,587,161,807
1995 $469,443,202 $18,030,876,599
1994 $402,837,005 $15,633,174,304
1993 $300,746,361 $14,608,335,608
1992 $269,034,596 $15,496,708,060
1991 $227,540,473 $13,074,782,609
1990 $214,877,667 $12,290,568,182
1989 $172,882,411 $10,101,851,745
1988 $176,494,394 $10,096,245,762
1987 $155,128,542 $9,696,715,911
1986 $147,620,048 $9,017,806,654
1985 $165,524,943 $8,410,226,053
1984 $181,570,474 $8,254,541,195
1983 $181,220,399 $8,350,582,748
1982 $192,902,019 $8,133,580,052
1981 $193,750,541 $8,428,445,294
1980 $182,852,107 $8,744,134,354
1979 $151,276,496 $7,188,863,904
1978 $111,027,427 $5,968,460,080
1977 $93,145,283 $5,109,324,009
1976 $83,100,834 $4,508,191,942
1975 $74,620,320 $4,328,965,588
1974 $84,539,332 $3,545,868,575
1973 $55,272,109 $2,730,813,385
1972 $40,606,712 $2,237,556,149
1971 $50,056,883 $1,685,162,272
1970 - $1,439,238,095
1969 $28,606,411 $1,289,904,762
1968 $28,084,253 $1,214,666,667
1967 $25,203,524 $1,085,714,286
1966 - $1,040,952,381
1965 - $991,047,619
1964 - $1,025,866,792
1963 - $1,026,737,600
1962 - $880,027,733
1961 - $866,155,429

Data sources: World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06).

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

GDP per capita in Solomon Islands vs Tunisia by year

Solomon Islands
GDP per capita

GDP per capita, PPP
Tunisia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Solomon Islands Tunisia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,934 $2,675 $4,181 $14,521
2023 $1,883 $2,597 $3,951 $14,041
2022 $1,878 $2,496 $3,707 $13,619
2021 $2,043 $2,450 $3,907 $12,444
2020 $2,063 $2,405 $3,549 $11,918
2019 $2,224 $2,512 $3,529 $12,495
2018 $2,278 $2,494 $3,628 $11,841
2017 $2,144 $2,454 $3,619 $11,289
2016 $2,083 $2,421 $3,848 $10,994
2015 $2,045 $2,354 $4,015 $10,783
2014 $2,165 $2,377 $4,459 $10,947
2013 $2,161 $2,394 $4,370 $10,672
2012 $2,066 $2,320 $4,297 $10,615
2011 $1,924 $2,306 $4,421 $10,436
2010 $1,685 $2,182 $4,292 $10,555
2009 $1,555 $2,021 $4,080 $10,237
2008 $1,526 $1,989 $4,255 $9,975
2007 $1,390 $1,869 $3,727 $9,479
2006 $1,256 $1,786 $3,323 $8,729
2005 $1,144 $1,693 $3,147 $8,117
2004 $986 $1,556 $3,067 $7,672
2003 $896 $1,433 $2,726 $7,098
2002 $757 $1,344 $2,321 $6,715
2001 $912 $1,387 $2,236 $6,593
2000 $953 $1,503 $2,199 $6,279
1999 $1,134 $1,754 $2,376 $5,930
1998 $1,092 $1,785 $2,285 $5,579
1997 $1,292 $1,793 $2,202 $5,333
1996 $1,289 $1,830 $2,107 $5,040
1995 $1,220 $1,820 $1,968 $4,686
1994 $1,078 $1,668 $1,733 $4,555
1993 $829 $1,556 $1,649 $4,401
1992 $764 $1,505 $1,785 $4,292
1991 $666 $1,346 $1,538 $3,975
1990 $648 $1,266 $1,476 $3,780
1989 $538 - $1,239 -
1988 $567 - $1,266 -
1987 $515 - $1,245 -
1986 $506 - $1,187 -
1985 $586 - $1,135 -
1984 $665 - $1,143 -
1983 $686 - $1,184 -
1982 $756 - $1,177 -
1981 $786 - $1,247 -
1980 $768 - $1,324 -
1979 $658 - $1,113 -
1978 $500 - $946 -
1977 $434 - $830 -
1976 $401 - $752 -
1975 $372 - $741 -
1974 $433 - $624 -
1973 $291.3 - $493 -
1972 $219.5 - $415 -
1971 $277.1 - $320 -
1970 - - $280.5 -
1969 $165.9 - $257.7 -
1968 $166.9 - $248.9 -
1967 $153.5 - $228 -
1966 - - $223.8 -
1965 - - $217.3 -
1964 - - $228.5 -
1963 - - $231.9 -
1962 - - $201.4 -
1961 - - $200.7 -

Data sources: World Bank | Economy & Growth (1961–2024, retrieved 2026-04-06).

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

The Solomon Islands' GDP per capita is $1,934, ranking 157/197, compared to $4,181 in Tunisia, ranking 129/197. Adjusted for purchasing power (GDP per capita PPP), the Solomon Islands ranks 183rd at $2,675, while Tunisia ranks 114th at $14,521.

Economic indicators

Solomon Islands Tunisia
Gross domestic product
$1.58B
2024
$51.3B
2024
GDP rank
182/197
2024
93/197
2024
GDP growth
3%
2023-2024
1.61%
2023-2024
GDP per capita
$1,934
2024
$4,181
2024
GDP per capita rank
157/197
2024
129/197
2024
GDP per capita, PPP
$2,675
2024
$14,521
2024
GDP per capita PPP rank
183/197
2024
114/197
2024
Government debt
$350M
2024
$42.8B
2024
Debt-to-GDP ratio
22.1%
2024
83.4%
2024
Government debt per person
$427
2024
$3,487
2024
Government debt per person rank
169/185
2024
94/185
2024
Average annual personal income after taxes
$1,776
2026
$3,951
2026
Market capitalization of domestic companies n/a
$8.3B
2024
Income share by richest 10%
29.2%
2012
27%
2021
Income share by poorest 10%
2.8%
2012
3.1%
2021
Government expenditure, % of GDP
35.8%
2024
33.8%
2024
Consumer prices inflation
4.32%
2023-2024
7%
2023-2024
Central bank interest rate n/a
7.5%
2025
Unemployment rate
0.69%
2013
15.1%
2023
Population
863951
12437803

Spending and national debt comparison by year

Solomon Islands
Spending

Debt
Tunisia
Spending

Debt
1x
Year % of GDP
Solomon Islands Tunisia
Government spending Government debt Government spending Government debt
2024 35.8% 22.1% 33.8% 83.4%
2023 40.1% 20.3% 35.7% 84%
2022 40.8% 15.5% 36.5% 83%
2021 37.8% 15.9% 33.2% 79.7%
2020 40.4% 12.8% 34.5% 77.7%
2019 35.6% 7.82% 29.5% 67.3%
2018 34.8% 7.95% 28.7% 72.9%
2017 40.4% 8.77% 28.7% 67.1%
2016 39.6% 7.54% 27.2% 58.9%
2015 41.5% 7.88% 27.4% 52.4%
2014 39.8% 10.1% 27.7% 50.7%
2013 41.8% 11.6% 30.8% 45.6%
2012 29.4% 13.3% 28.3% 49%
2011 27% 18.3% 27.9% 43.3%
2010 23.9% 22.9% 24% 38.8%
2009 24.8% 18.9% 24.6% 40.3%
2008 27% 28.9% 23.7% 41.4%
2007 23.7% 33% 23.3% 42.7%
2006 19.9% 42.3% 22.9% 45.7%
2005 17% 44.7% 23% 50%
2004 14.7% 58.2% 23% 51.6%
2003 14.9% 61.3% 23.5% 52.6%
2002 16.7% 65.7% 24.1% 51.6%
2001 18.1% 52.8% 24% 52.2%
2000 18.7% 44.3% 24% 62.9%
1999 18.7% 42% 24% 61.9%
1998 15.5% 39.5% 24.2% 58.2%
1997 19.3% 25.9% 24.5% 66.6%
1996 24.2% - 26.7% 66.8%
1995 24.7% - 26.6% 65.6%
1994 30.2% - 25.9% 63.9%
1993 33.2% - 26.7% 63.8%
1992 35.1% - 25.7% 62.1%
1991 39.4% - 27.6% 63.3%
1990 30% - - -

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

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

In 2024, the Solomon Islands' government spending was $567M, accounting for 35.8% of its GDP, while Tunisia spent $17.4B, or 33.8% of GDP.

Debt-to-GDP ratio is 22.1% in the Solomon Islands and 83.4% in Tunisia, ranking 173/185 and 40/185, respectively.

Government deficit by year

Deficit/surplus
Solomon Islands

Tunisia
1x
Year Deficit/surplus, % of GDP
Solomon Islands Tunisia
2024 -3.08% -5.92%
2023 -3.81% -7.03%
2022 -2.51% -6.91%
2021 -1.86% -7.6%
2020 -2.44% -9.06%
2019 -1.52% -3.6%
2018 1.49% -4.27%
2017 -2.27% -5.61%
2016 -3.56% -5.87%
2015 0.81% -4.95%
2014 2.13% -3.11%
2013 3.57% -7.05%
2012 4.63% -4.9%
2011 6.22% -3.19%
2010 6.02% -0.46%
2009 2.35% -2.59%
2008 1.94% -0.62%
2007 15.3% -2.47%
2006 13% -2.33%
2005 13.4% -2.59%
2004 17% -2.1%
2003 10.6% -2.64%
2002 -4.35% -2.55%
2001 -2.4% -2.87%
2000 -2.93% -3.22%
1999 -0.32% -3.05%
1998 5.04% -2.84%
1997 2.14% -3.7%
1996 3.73% -5.18%
1995 3.19% -4.53%
1994 4.33% -2.87%
1993 2.45% -3.22%
1992 4.13% -3.45%
1991 0.14% -5.25%
1990 0.58% -

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

GeoRank.org/economy/solomon-islands/tunisia | 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 Tunisia's deficit of $3.04B, or 5.92% of GDP.

Over the past 34 years, the Solomon Islands recorded a fiscal deficit in 12 of those years, while Tunisia ran a deficit in 34 years. On average, the Solomon Islands posted an annual surplus equal to 2.72% of GDP, compared to deficit of 4.05% of GDP for Tunisia.

Inflation comparison by year

Inflation
Solomon Islands

Tunisia
1x
Year Consumer prices inflation
Solomon Islands Tunisia
2024 4.32% 7%
2023 5.89% 9.3%
2022 5.52% 8.3%
2021 -0.12% 5.7%
2020 2.96% 5.6%
2019 1.63% 6.7%
2018 3.46% 7.3%
2017 0.49% 5.3%
2016 0.51% 3.6%
2015 -0.57% 4.4%
2014 5.17% 4.6%
2013 5.39% 5.3%
2012 5.91% 4.6%
2011 7.34% 3.2%
2010 1.05% 4.4%
2009 7.09% 3.5%
2008 17.3% 4.9%
2007 7.67% 3.4%
2006 11.2% 4.1%
2005 7.33% 2%
2004 6.99% 3.7%
2003 8.27% 2.7%
2002 10.9% 2.7%
2001 6.93% 1.9%
2000 7.89% 2.8%
1999 8.02% 2.8%
1998 12.4% 3.1%
1997 8.08% 3.6%

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/tunisia | CC BY

Over the past 28 years, the Solomon Islands has recorded an average annual inflation rate of 6.04%, compared with 4.52% in Tunisia. In 2024, inflation was 4.32% in the Solomon Islands and 7% in Tunisia.

Balance of trade

Solomon Islands Tunisia
Current account balance
-$66.2M
2024
-$775M
2024
Current account balance ranking
87/190
2024
117/190
2024
Current account balance, % of GDP
-4.18%
2024
-1.51%
2024
Goods imports
$609M
2024
$18.7B
2024
Goods exports
$510M
2024
$8.95B
2024
Service imports
$248M
2024
$3.92B
2024
Service exports
$133M
2024
$11.2B
2024
Imports of goods and services, % of GDP
70.8%
2024
56.3%
2024
Exports of goods and services, % of GDP
40.6%
2024
50%
2024

Economic freedom indices

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

Solomon Islands Tunisia
Economic freedom 53.7 48.1
Economic freedom ranking 137/197 172/197
Property rights 55.8 55.7
Government integrity 42.7 42.1
Judicial effectiveness 59.1 39.7
Tax burden 71.3 68.5
Government spending 54.6 62.5
Fiscal health 83.3 16
Business freedom 52.3 59.4
Labor freedom 60.4 55.8
Monetary freedom 76.5 72.4
Trade freedom 43.6 54.6
Investment freedom 15 20
Financial freedom 30 30

Economic freedom comparison by year

Solomon Islands
Tunisia
1x
Year Economic freedom index
Solomon Islands Tunisia
2026 53.7 48.1
2025 56.3 49.1
2024 55 48.8
2023 56.9 52.9
2022 56.5 54.2
2021 56.5 56.6
2020 52.9 55.8
2019 54.6 55.4
2018 57.5 58.9
2017 55 55.7
2016 47 57.6
2015 47 57.7
2014 46.2 57.3
2013 45 57
2012 46.2 58.6
2011 45.9 58.5
2010 42.9 58.9
2009 46 58
2008 - 60.1
2007 - 60.3
2006 - 57.5
2005 - 55.4
2004 - 58.4
2003 - 58.1
2002 - 60.2
2001 - 60.8
2000 - 61.3
1999 - 61.1
1998 - 63.9
1997 - 63.8
1996 - 63.9
1995 - 63.4

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

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

The Economic Freedom Index for the Solomon Islands is 53.7, ranking 137/197, compared to 48.1 for Tunisia, ranking 172/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Solomon Islands Tunisia
Services, % of GDP
46.9%
2024
62.6%
2024
Industry, % of GDP
23.4%
2024
22.6%
2024
Agriculture, forestry, and fishing, % of GDP
29.7%
2024
9.74%
2024
GNI, Atlas method
$1.57B
2024
$47.7B
2024
GNI per capita, PPP
$2,680
2024
$14,230
2024
Total reserves including gold
$688M
2023
$9.34B
2024
Total reserves ranking
149/177
2023
80/177
2024
Net foreign direct investment
$19.9M
2024
-$725M
2024
Net inflows of foreign direct investment
$33M
2024
$760M
2024
Net outflows of foreign direct investment
$52.9M
2024
$34.6M
2024
Servicing debt to the IMF, % of GNI
1.64%
2024
10.9%
2024
Poverty at national poverty lines
12.7%
2012
16.6%
2021
Gross capital formation, % of GDP
19.5%
2024
7.86%
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/tunisia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1961–2024, 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)

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.