Angola vs Somalia: Economic Indicators Comparison

Angola with a GDP of $105.8B ranked the 63rd largest economy in the world, while Somalia ranked 159th with $4.7B. By GDP 5-years average growth and GDP per capita, Angola and Somalia ranked 166th vs 97th and 128th vs 196th, respectively.

Gross Domestic Product & Income

Stat	Angola	Somalia
GDP	$105.8B	$4.7B
GDP growth, 1 year	-1.7%	3.1%
GDP growth, 5-years average	0.3%	2.9%
Population	29.8M	11M
GDP per capita	$3.4k	$315
GDP per capita growth	-5.29%	-2.74%
Purchasing Power Parity conversion factor	134.51	11427.68
Price level ratio of PPP conversion factor GDP to market exchange rate	0.53	N/A
GDP per capita, PPP adjusted	$6.8k	$500
GNI, Atlas method	$103.8B	$959.2M
GNI per capita	$3.4k	$130
GNI, PPP adjusted	$190B	N/A
GNI per capita, PPP adjusted	$6.2k	N/A

Financial system and Human development

Stat	Angola	Somalia
Income Tax Rate	17%	N/A
Corporate Tax Rate	30%	N/A
Inflation, consumer prices	19.6%	1.5%
Inflation, GDP deflator	34.8%	215.5%
Unemployment	7.3%	14%
Economic Freedom Index	52.2	29
Personal Freedom Index	5.44	3.6
Human Freedom Index	5.02	3.4
Property Rights Index	36.9	20.1
Judical Effectiveness Index	14.3	26.5
Business Freedom Index	57.7	31.6
Fiscal Health Index	71.9	N/A
Labor Freedom Index	61.1	N/A
Investment Freedom Index	30	N/A
Financial Freedom Index	40	N/A
Trade Freedom Index	66.2	N/A
Monetary Freedom Index	59.6	N/A
Government Spending Index	85.7	N/A
Tax Burden Index	87.3	N/A
Government Integrity Index	15.1	13.1
Corruption Perceptions Index	19	10
Life expectancy at birth, years	60.4	56.7
Suicide mortality rate, per 100,000 people	4.7	4.7
Mortality caused by road traffic injury, per 100,000 people	23.6	27.1
Intentional homicides, per 100,000 people	4.9	4.3
International tourism, number of arrivals	218k	N/A

Government debt & reserves

Stat	Angola	Somalia
Central government debt, % of GDP	88.1%	N/A
External debt stocks, % of GNI	54%	39.4%
External debt stocks	$54.6B	$2.9B
Short-term debt, % of total reserves	15%	847.9%
Total debt service, % of exports and primary income	21.9%	47.6%
Adjusted net savings including particulate emission damage, % of GNI	-16.3%	N/A
Gross savings, % of GDP	26.4%	N/A
Gross capital formation, % of GDP	24.1%	15.5%
Total reserves including gold	$15.4B	$23.1M
Foreign direct investment net inflows	-$5.7B	$409M

Exports, imports and economic structure

Stat	Angola	Somalia
Exports of goods and services, % of GDP	29%	25.9%
Imports of goods and services, % of GDP	23.3%	99.6%
Current account balance (balance of payments)	$7.4B	N/A
Revenue excluding grants, % of GDP	16.4%	0%
Grants excluding technical cooperation, BoP	$138.9M	$1.5B
Personal remittances received	$1.6M	$21.7M
Industry including construction value added, % of GDP	42.2%	9.5%
Agriculture, forestry and fishing value added, % of GDP	10%	62.7%
Charges for the use of intellectual property, payments BoP	$246.6M	N/A
Charges for the use of intellectual property, receipts BoP	$8.2M	N/A
Expense, % of GDP	16.7%	0%
Government Expenditure, % of GDP	21.8%	N/A