The Solomon Islands vs Zambia: Economic Indicators Comparison

Zambia with a GDP of $26.7B ranked the 106th largest economy in the world, while the Solomon Islands ranked 182nd with $1.4B. By GDP 5-years average growth and GDP per capita, Zambia and the Solomon Islands ranked 62nd vs 90th and 157th vs 145th, respectively.

Gross Domestic Product & Income

StatSolomon IslandsZambia
GDP$1.4B$26.7B
GDP growth, 1 year3.4%3.5%
GDP growth, 5-years average3%3.6%
Population611k17.1M
GDP per capita$2.1k$1.5k
GDP per capita growth1.18%0.82%
Purchasing Power Parity conversion factor7.023.81
Price level ratio of PPP conversion factor GDP to market exchange rate0.880.36
GDP per capita, PPP adjusted$2.2k$4.1k
GNI, Atlas method$1.3B$24.8B
GNI per capita$2k$1.4k
GNI, PPP adjusted$1.5B$71.2B
GNI per capita, PPP adjusted$2.3k$4.1k

Financial system and Human development

StatSolomon IslandsZambia
Income Tax Rate40%35%
Corporate Tax Rate30%35%
Inflation, consumer prices1%7%
Inflation, GDP deflator3.5%9.3%
Unemployment1.8%7.2%
Economic Freedom Index52.953.5
Personal Freedom Index6.16.26
Human Freedom Index6.16.67
Property Rights Index54.645.2
Judical Effectiveness Index53.731.3
Business Freedom Index67.766.4
Fiscal Health Index76.618.4
Labor Freedom Index7247
Investment Freedom Index1555
Financial Freedom Index3050
Trade Freedom Index4872.6
Monetary Freedom Index84.372.2
Government Spending Index34.281.7
Tax Burden Index65.673.2
Government Integrity Index33.528.4
Corruption Perceptions Index4435
Life expectancy at birth, years72.663
Suicide mortality rate, per 100,000 people4.76.1
Mortality caused by road traffic injury, per 100,000 people17.424.7
Intentional homicides, per 100,000 people3.85.3
International tourism, number of arrivals28k1.1M

Government debt & reserves

StatSolomon IslandsZambia
Central government debt, % of GDP12.1%72.4%
External debt stocks, % of GNI29.1%73.7%
External debt stocks$388.5M$19.1B
Short-term debt, % of total reserves7%42.5%
Total debt service, % of exports and primary income5.6%14.6%
Adjusted net savings including particulate emission damage, % of GNI-13.3%9.2%
Gross savings, % of GDP3.2%31.3%
Gross capital formation, % of GDP14.6%38.2%
Total reserves including gold$617.1M$1.6B
Foreign direct investment net inflows$12.1M$408.4M

Exports, imports and economic structure

StatSolomon IslandsZambia
Exports of goods and services, % of GDP45.1%37.4%
Imports of goods and services, % of GDP53.3%38.2%
Current account balance (balance of payments)-$50.6M-$342.3M
Revenue excluding grants, % of GDP33.8%16.9%
Grants excluding technical cooperation, BoP$153.5M$806.4M
Personal remittances received$19.3M$107M
Industry including construction value added, % of GDPN/A36.3%
Agriculture, forestry and fishing value added, % of GDP35%2.6%
Charges for the use of intellectual property, payments BoP$4.4M$35M
Charges for the use of intellectual property, receipts BoP$599kN/A
Expense, % of GDP31.9%20.8%
Government Expenditure, % of GDP46.8%24.7%

Compare with countries close by GDP per capita

Solomon Islands vs

CountryGDP
per capita
Population
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M

Zambia vs

CountryGDP
per capita
Population
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M