Bhutan vs Somalia: Economic Indicators Comparison

Somalia with a GDP of $4.7B ranked the 159th largest economy in the world, while Bhutan ranked 172nd with $2.4B. By GDP 5-years average growth and GDP per capita, Somalia and Bhutan ranked 97th vs 23rd and 196th vs 129th, respectively.

Gross Domestic Product & Income

StatBhutanSomalia
GDP$2.4B$4.7B
GDP growth, 1 year5.8%3.1%
GDP growth, 5-years average6.1%2.9%
Population808k11M
GDP per capita$3.2k$315
GDP per capita growth1.82%-2.74%
Purchasing Power Parity conversion factor21.8111427.68
Price level ratio of PPP conversion factor GDP to market exchange rate0.32N/A
GDP per capita, PPP adjusted$9.5k$500
GNI, Atlas method$2.2B$959.2M
GNI per capita$3k$130
GNI, PPP adjusted$7BN/A
GNI per capita, PPP adjusted$9.3kN/A

Financial system and Human development

StatBhutanSomalia
Income Tax Rate25%N/A
Corporate Tax Rate30%N/A
Inflation, consumer prices3.6%1.5%
Inflation, GDP deflator1.8%215.5%
Unemployment2.2%14%
Economic Freedom Index62.129
Personal Freedom Index6.93.6
Human Freedom Index6.853.4
Property Rights Index69.920.1
Judical Effectiveness Index46.426.5
Business Freedom Index68.231.6
Fiscal Health Index74.8N/A
Labor Freedom Index79.4N/A
Investment Freedom Index20N/A
Financial Freedom Index30N/A
Trade Freedom Index79.4N/A
Monetary Freedom Index71.6N/A
Government Spending Index71.1N/A
Tax Burden Index82.9N/A
Government Integrity Index51.213.1
Corruption Perceptions Index6810
Life expectancy at birth, years71.156.7
Suicide mortality rate, per 100,000 people11.44.7
Mortality caused by road traffic injury, per 100,000 people17.427.1
Intentional homicides, per 100,000 people1.64.3
International tourism, number of arrivals274kN/A

Government debt & reserves

StatBhutanSomalia
Central government debt, % of GDP102.6%N/A
External debt stocks, % of GNI109.2%39.4%
External debt stocks$2.5B$2.9B
Short-term debt, % of total reserves0.4%847.9%
Total debt service, % of exports and primary income10.7%47.6%
Adjusted net savings including particulate emission damage, % of GNI23.3%N/A
Gross savings, % of GDP21.6%N/A
Gross capital formation, % of GDP47.5%15.5%
Total reserves including gold$987.2M$23.1M
Foreign direct investment net inflows$2.6M$409M

Exports, imports and economic structure

StatBhutanSomalia
Exports of goods and services, % of GDP30.8%25.9%
Imports of goods and services, % of GDP55.9%99.6%
Current account balance (balance of payments)-$497.6MN/A
Revenue excluding grants, % of GDP18.5%0%
Grants excluding technical cooperation, BoP$49.2M$1.5B
Personal remittances received$58.1M$21.7M
Industry including construction value added, % of GDP38.3%9.5%
Agriculture, forestry and fishing value added, % of GDP15.9%62.7%
Charges for the use of intellectual property, payments BoP$304kN/A
Charges for the use of intellectual property, receipts BoP$11kN/A
Expense, % of GDP18.5%0%
Government Expenditure, % of GDP31.1%N/A

Compare with countries close by GDP per capita

Bhutan vs

CountryGDP
per capita
Population
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
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

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