Bolivia vs Somalia: Economic Indicators Comparison

Bolivia with a GDP of $40.3B ranked the 96th largest economy in the world, while Somalia ranked 159th with $4.7B. By GDP 5-years average growth and GDP per capita, Bolivia and Somalia ranked 43rd vs 97th and 126th vs 196th, respectively.

Gross Domestic Product & Income

StatBoliviaSomalia
GDP$40.3B$4.7B
GDP growth, 1 year4.3%3.1%
GDP growth, 5-years average4.6%2.9%
Population11.1M11M
GDP per capita$3.5k$315
GDP per capita growth2.75%-2.74%
Purchasing Power Parity conversion factor3.1111427.68
Price level ratio of PPP conversion factor GDP to market exchange rate0.45N/A
GDP per capita, PPP adjusted$7.5k$500
GNI, Atlas method$38.2B$959.2M
GNI per capita$3.4k$130
GNI, PPP adjusted$87.1BN/A
GNI per capita, PPP adjusted$7.7kN/A

Financial system and Human development

StatBoliviaSomalia
Income Tax Rate13%N/A
Corporate Tax Rate25%N/A
Inflation, consumer prices2.3%1.5%
Inflation, GDP deflator3.1%215.5%
Unemployment3.3%14%
Economic Freedom Index42.829
Personal Freedom Index7.463.6
Human Freedom Index6.753.4
Property Rights Index20.120.1
Judical Effectiveness Index11.226.5
Business Freedom Index58.331.6
Fiscal Health Index14.2N/A
Labor Freedom Index52.9N/A
Investment Freedom Index15N/A
Financial Freedom Index40N/A
Trade Freedom Index67.8N/A
Monetary Freedom Index69.9N/A
Government Spending Index54.2N/A
Tax Burden Index86.3N/A
Government Integrity Index23.113.1
Corruption Perceptions Index2910
Life expectancy at birth, years70.956.7
Suicide mortality rate, per 100,000 people12.24.7
Mortality caused by road traffic injury, per 100,000 people15.527.1
Intentional homicides, per 100,000 people6.34.3
International tourism, number of arrivals1.1MN/A

Government debt & reserves

StatBoliviaSomalia
Central government debt, % of GDP53.9%N/A
External debt stocks, % of GNI33.8%39.4%
External debt stocks$13.3B$2.9B
Short-term debt, % of total reserves7.9%847.9%
Total debt service, % of exports and primary income9.6%47.6%
Adjusted net savings including particulate emission damage, % of GNI0.8%N/A
Gross savings, % of GDP16%N/A
Gross capital formation, % of GDP20.6%15.5%
Total reserves including gold$8.9B$23.1M
Foreign direct investment net inflows$255.1M$409M

Exports, imports and economic structure

StatBoliviaSomalia
Exports of goods and services, % of GDP26%25.9%
Imports of goods and services, % of GDP31.1%99.6%
Current account balance (balance of payments)-$2BN/A
Revenue excluding grants, % of GDP23.3%0%
Grants excluding technical cooperation, BoP$236.7M$1.5B
Personal remittances received$1.4B$21.7M
Industry including construction value added, % of GDP26.2%9.5%
Agriculture, forestry and fishing value added, % of GDP11.5%62.7%
Charges for the use of intellectual property, payments BoP$83.3MN/A
Charges for the use of intellectual property, receipts BoP$26.3MN/A
Expense, % of GDP21.8%0%
Government Expenditure, % of GDP39.1%N/A

Compare with countries close by GDP per capita

Bolivia vs

CountryGDP
per capita
Population
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
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
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M
Bhutan
$3.2k
808k
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

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