Bangladesh vs Somalia: Economic Indicators Comparison

Bangladesh with a GDP of $274B ranked the 44th largest economy in the world, while Somalia ranked 159th with $4.7B. By GDP 5-years average growth and GDP per capita, Bangladesh and Somalia ranked 10th vs 97th and 155th vs 196th, respectively.

Gross Domestic Product & Income

StatBangladeshSomalia
GDP$274B$4.7B
GDP growth, 1 year7.7%3.1%
GDP growth, 5-years average7.1%2.9%
Population164.7M11M
GDP per capita$1.7k$315
GDP per capita growth6.74%-2.74%
Purchasing Power Parity conversion factor31.911427.68
Price level ratio of PPP conversion factor GDP to market exchange rate0.39N/A
GDP per capita, PPP adjusted$4.6k$500
GNI, Atlas method$282B$959.2M
GNI per capita$1.8k$130
GNI, PPP adjusted$737.6BN/A
GNI per capita, PPP adjusted$4.6kN/A

Financial system and Human development

StatBangladeshSomalia
Income Tax Rate25%N/A
Corporate Tax Rate45%N/A
Inflation, consumer prices5.6%1.5%
Inflation, GDP deflator5.6%215.5%
Unemployment4.3%14%
Economic Freedom Index56.429
Personal Freedom Index5.63.6
Human Freedom Index5.83.4
Property Rights Index4120.1
Judical Effectiveness Index36.126.5
Business Freedom Index52.331.6
Fiscal Health Index76.8N/A
Labor Freedom Index68.4N/A
Investment Freedom Index45N/A
Financial Freedom Index30N/A
Trade Freedom Index63.6N/A
Monetary Freedom Index70N/A
Government Spending Index94.3N/A
Tax Burden Index72.7N/A
Government Integrity Index26.613.1
Corruption Perceptions Index2610
Life expectancy at birth, years72.156.7
Suicide mortality rate, per 100,000 people5.94.7
Mortality caused by road traffic injury, per 100,000 people15.327.1
Intentional homicides, per 100,000 people2.24.3
International tourism, number of arrivals1MN/A

Government debt & reserves

StatBangladeshSomalia
Central government debt, % of GDP34.8%N/A
External debt stocks, % of GNI18.2%39.4%
External debt stocks$52.1B$2.9B
Short-term debt, % of total reserves28.2%847.9%
Total debt service, % of exports and primary income6.3%47.6%
Adjusted net savings including particulate emission damage, % of GNI24.5%N/A
Gross savings, % of GDP33.3%N/A
Gross capital formation, % of GDP31.2%15.5%
Total reserves including gold$32B$23.1M
Foreign direct investment net inflows$2.9B$409M

Exports, imports and economic structure

StatBangladeshSomalia
Exports of goods and services, % of GDP14.8%25.9%
Imports of goods and services, % of GDP23.4%99.6%
Current account balance (balance of payments)-$7.6BN/A
Revenue excluding grants, % of GDP10.2%0%
Grants excluding technical cooperation, BoP$1.3B$1.5B
Personal remittances received$15.6B$21.7M
Industry including construction value added, % of GDP28.5%9.5%
Agriculture, forestry and fishing value added, % of GDP13.1%62.7%
Charges for the use of intellectual property, payments BoP$39.7MN/A
Charges for the use of intellectual property, receipts BoP$444kN/A
Expense, % of GDP9.4%0%
Government Expenditure, % of GDP13.7%N/A

Compare with countries close by GDP per capita

Bangladesh vs

CountryGDP
per capita
Population
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
Solomon Islands
$2.1k
611k
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
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
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

Somalia vs

CountryGDP
per capita
Population
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
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Eritrea
$811
3.5M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
25.6M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M
Niger
$414
21.5M
Malawi
$389
18.6M
Burundi
$272
10.9M