Cameroon vs Somalia: Economic Indicators Comparison

Cameroon with a GDP of $38.7B ranked the 98th largest economy in the world, while Somalia ranked 159th with $4.7B. By GDP 5-years average growth and GDP per capita, Cameroon and Somalia ranked 38th vs 97th and 158th vs 196th, respectively.

Gross Domestic Product & Income

Stat	Cameroon	Somalia
GDP	$38.7B	$4.7B
GDP growth, 1 year	4%	3.1%
GDP growth, 5-years average	4.8%	2.9%
Population	24.1M	11M
GDP per capita	$1.5k	$315
GDP per capita growth	1.38%	-2.74%
Purchasing Power Parity conversion factor	225.18	11427.68
Price level ratio of PPP conversion factor GDP to market exchange rate	0.41	N/A
GDP per capita, PPP adjusted	$3.8k	$500
GNI, Atlas method	$36.4B	$959.2M
GNI per capita	$1.4k	$130
GNI, PPP adjusted	$93.4B	N/A
GNI per capita, PPP adjusted	$3.7k	N/A

Financial system and Human development

Stat	Cameroon	Somalia
Income Tax Rate	35%	N/A
Corporate Tax Rate	33%	N/A
Inflation, consumer prices	2.4%	1.5%
Inflation, GDP deflator	1.6%	215.5%
Unemployment	3.4%	14%
Economic Freedom Index	53.6	29
Personal Freedom Index	5.83	3.6
Human Freedom Index	5.7	3.4
Property Rights Index	45.3	20.1
Judical Effectiveness Index	30.8	26.5
Business Freedom Index	46	31.6
Fiscal Health Index	63.7	N/A
Labor Freedom Index	50.1	N/A
Investment Freedom Index	30	N/A
Financial Freedom Index	50	N/A
Trade Freedom Index	59.6	N/A
Monetary Freedom Index	84.1	N/A
Government Spending Index	88.3	N/A
Tax Burden Index	74.8	N/A
Government Integrity Index	20.8	13.1
Corruption Perceptions Index	25	10
Life expectancy at birth, years	58.5	56.7
Suicide mortality rate, per 100,000 people	12.2	4.7
Mortality caused by road traffic injury, per 100,000 people	30.1	27.1
Intentional homicides, per 100,000 people	1.4	4.3
International tourism, number of arrivals	1.1M	N/A

Government debt & reserves

Stat	Cameroon	Somalia
Central government debt, % of GDP	37.7%	N/A
External debt stocks, % of GNI	28.7%	39.4%
External debt stocks	$10.9B	$2.9B
Short-term debt, % of total reserves	12.5%	847.9%
Total debt service, % of exports and primary income	10.7%	47.6%
Adjusted net savings including particulate emission damage, % of GNI	4.5%	N/A
Gross savings, % of GDP	17.5%	N/A
Gross capital formation, % of GDP	22.8%	15.5%
Total reserves including gold	$3.5B	$23.1M
Foreign direct investment net inflows	$765.1M	$409M

Exports, imports and economic structure

Stat	Cameroon	Somalia
Exports of goods and services, % of GDP	19.3%	25.9%
Imports of goods and services, % of GDP	23.7%	99.6%
Current account balance (balance of payments)	-$1.4B	N/A
Revenue excluding grants, % of GDP	15.1%	0%
Grants excluding technical cooperation, BoP	$469M	$1.5B
Personal remittances received	$333.6M	$21.7M
Industry including construction value added, % of GDP	25.8%	9.5%
Agriculture, forestry and fishing value added, % of GDP	14.4%	62.7%
Charges for the use of intellectual property, payments BoP	$2.3M	N/A
Charges for the use of intellectual property, receipts BoP	$8.5M	N/A
Expense, % of GDP	10.9%	0%
Government Expenditure, % of GDP	19.8%	N/A