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CompareEconomy.com Comparison of world economies

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Economy power of Madagascar & Solomon Islands

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Madagascar vs Solomon Islands

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Madagascar Solomon Islands
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World Rank 97 1.9 World Rank 140 1.52
The Republic of Madagascar was previously known as the Malagasy republic. It is the second-largest island country in the world with a total land coverage of around 592,800 square kilometers. The nation itself owns several smaller islands around it, but the island of Madagascar is its mainland and most populated region. More about Madagascar Solomon Islands is a nation located in Oceania. Out of over 900 islands, there are 6 major ones that are inhabited by most of its population. The total land coverage of Solomon Islands area is 28,400 square kilometers. More about Solomon Islands

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Madagascar Solomon Islands
Position in the ranking of countries 127 (2023) 165 (2023)
GDP [US$] 15,790,113,246 1,633,319,401
Percentage of the other 966.7 % 10.3 %

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

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(United States of America (USA))

Madagascar Solomon Islands
Position in the ranking of countries 125 (2023) 163 (2023)
GNI [US$] 15,444,839,759 1,658,453,812
Percentage of the other 931.3 % 10.7 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Madagascar Solomon Islands
Position in the ranking of countries 85 (2023) 76 (2022)
External balance [US$] -1,112,245,225 -398,833,723
Percentage of the other 278.9 % 35.9 %

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

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(Eswatini)

Madagascar Solomon Islands
Position in the ranking of countries 85 (2023) 76 (2022)
Unemployment [%] 3.01 1.47
Percentage of the other 204.8 % 48.8 %

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(India)

Madagascar Solomon Islands
Position in the ranking of countries 47 (2023) 158 (2023)
Population 31,195,932 800,005
Percentage of the other 3899.5 % 2.6 %

Population growth (annual %)

Density

Gender

Demography