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

Stat	Bangladesh	Somalia
GDP	$274B	$4.7B
GDP growth, 1 year	7.7%	3.1%
GDP growth, 5-years average	7.1%	2.9%
Population	164.7M	11M
GDP per capita	$1.7k	$315
GDP per capita growth	6.74%	-2.74%
Purchasing Power Parity conversion factor	31.9	11427.68
Price level ratio of PPP conversion factor GDP to market exchange rate	0.39	N/A
GDP per capita, PPP adjusted	$4.6k	$500
GNI, Atlas method	$282B	$959.2M
GNI per capita	$1.8k	$130
GNI, PPP adjusted	$737.6B	N/A
GNI per capita, PPP adjusted	$4.6k	N/A

Financial system and Human development

Stat	Bangladesh	Somalia
Income Tax Rate	25%	N/A
Corporate Tax Rate	45%	N/A
Inflation, consumer prices	5.6%	1.5%
Inflation, GDP deflator	5.6%	215.5%
Unemployment	4.3%	14%
Economic Freedom Index	56.4	29
Personal Freedom Index	5.6	3.6
Human Freedom Index	5.8	3.4
Property Rights Index	41	20.1
Judical Effectiveness Index	36.1	26.5
Business Freedom Index	52.3	31.6
Fiscal Health Index	76.8	N/A
Labor Freedom Index	68.4	N/A
Investment Freedom Index	45	N/A
Financial Freedom Index	30	N/A
Trade Freedom Index	63.6	N/A
Monetary Freedom Index	70	N/A
Government Spending Index	94.3	N/A
Tax Burden Index	72.7	N/A
Government Integrity Index	26.6	13.1
Corruption Perceptions Index	26	10
Life expectancy at birth, years	72.1	56.7
Suicide mortality rate, per 100,000 people	5.9	4.7
Mortality caused by road traffic injury, per 100,000 people	15.3	27.1
Intentional homicides, per 100,000 people	2.2	4.3
International tourism, number of arrivals	1M	N/A

Government debt & reserves

Stat	Bangladesh	Somalia
Central government debt, % of GDP	34.8%	N/A
External debt stocks, % of GNI	18.2%	39.4%
External debt stocks	$52.1B	$2.9B
Short-term debt, % of total reserves	28.2%	847.9%
Total debt service, % of exports and primary income	6.3%	47.6%
Adjusted net savings including particulate emission damage, % of GNI	24.5%	N/A
Gross savings, % of GDP	33.3%	N/A
Gross capital formation, % of GDP	31.2%	15.5%
Total reserves including gold	$32B	$23.1M
Foreign direct investment net inflows	$2.9B	$409M

Exports, imports and economic structure

Stat	Bangladesh	Somalia
Exports of goods and services, % of GDP	14.8%	25.9%
Imports of goods and services, % of GDP	23.4%	99.6%
Current account balance (balance of payments)	-$7.6B	N/A
Revenue excluding grants, % of GDP	10.2%	0%
Grants excluding technical cooperation, BoP	$1.3B	$1.5B
Personal remittances received	$15.6B	$21.7M
Industry including construction value added, % of GDP	28.5%	9.5%
Agriculture, forestry and fishing value added, % of GDP	13.1%	62.7%
Charges for the use of intellectual property, payments BoP	$39.7M	N/A
Charges for the use of intellectual property, receipts BoP	$444k	N/A
Expense, % of GDP	9.4%	0%
Government Expenditure, % of GDP	13.7%	N/A