The Central African Republic vs Somalia: Economic Indicators Comparison

Somalia with a GDP of $4.7B ranked the 159th largest economy in the world, while the Central African Republic ranked 173rd with $2.2B. By GDP 5-years average growth and GDP per capita, Somalia and the Central African Republic ranked 97th vs 59th and 196th vs 193rd, respectively.

Gross Domestic Product & Income

Stat	Central African Republic	Somalia
GDP	$2.2B	$4.7B
GDP growth, 1 year	4.3%	3.1%
GDP growth, 5-years average	3.8%	2.9%
Population	4.7M	11M
GDP per capita	$476	$315
GDP per capita growth	2.22%	-2.74%
Purchasing Power Parity conversion factor	307.43	11427.68
Price level ratio of PPP conversion factor GDP to market exchange rate	0.55	N/A
GDP per capita, PPP adjusted	$712	$500
GNI, Atlas method	$2.3B	$959.2M
GNI per capita	$490	$130
GNI, PPP adjusted	$4.3B	N/A
GNI per capita, PPP adjusted	$920	N/A

Financial system and Human development

Stat	Central African Republic	Somalia
Income Tax Rate	50%	N/A
Corporate Tax Rate	30%	N/A
Inflation, consumer prices	3%	1.5%
Inflation, GDP deflator	-1.2%	215.5%
Unemployment	6.5%	14%
Economic Freedom Index	50.7	29
Personal Freedom Index	6	3.6
Human Freedom Index	5.58	3.4
Property Rights Index	38.1	20.1
Judical Effectiveness Index	31.7	26.5
Business Freedom Index	24.3	31.6
Fiscal Health Index	95.3	N/A
Labor Freedom Index	40.4	N/A
Investment Freedom Index	45	N/A
Financial Freedom Index	30	N/A
Trade Freedom Index	47.2	N/A
Monetary Freedom Index	73.3	N/A
Government Spending Index	93.5	N/A
Tax Burden Index	65.5	N/A
Government Integrity Index	24.3	13.1
Corruption Perceptions Index	26	10
Life expectancy at birth, years	52.2	56.7
Suicide mortality rate, per 100,000 people	7.7	4.7
Mortality caused by road traffic injury, per 100,000 people	33.6	27.1
Intentional homicides, per 100,000 people	19.8	4.3
International tourism, number of arrivals	107k	N/A

Government debt & reserves

Stat	Central African Republic	Somalia
Central government debt, % of GDP	48.5%	N/A
External debt stocks, % of GNI	32.7%	39.4%
External debt stocks	$778.9M	$2.9B
Short-term debt, % of total reserves	25%	847.9%
Total debt service, % of exports and primary income	12.9%	47.6%
Adjusted net savings including particulate emission damage, % of GNI	8.5%	N/A
Gross savings, % of GDP	15.1%	N/A
Gross capital formation, % of GDP	25.9%	15.5%
Total reserves including gold	$361.8M	$23.1M
Foreign direct investment net inflows	$18M	$409M

Exports, imports and economic structure

Stat	Central African Republic	Somalia
Exports of goods and services, % of GDP	18.9%	25.9%
Imports of goods and services, % of GDP	47%	99.6%
Current account balance (balance of payments)	-$24.7M	N/A
Revenue excluding grants, % of GDP	7.5%	0%
Grants excluding technical cooperation, BoP	$486.6M	$1.5B
Personal remittances received	$159k	$21.7M
Industry including construction value added, % of GDP	20.6%	9.5%
Agriculture, forestry and fishing value added, % of GDP	31.2%	62.7%
Charges for the use of intellectual property, payments BoP	N/A	N/A
Charges for the use of intellectual property, receipts BoP	N/A	N/A
Expense, % of GDP	7.9%	0%
Government Expenditure, % of GDP	14.7%	N/A