Dominica vs Somalia: Economic Indicators Comparison

Somalia with a GDP of $4.7B ranked the 159th largest economy in the world, while Dominica ranked 189th with $550.9M. By GDP 5-years average growth and GDP per capita, Somalia and Dominica ranked 97th vs 177th and 196th vs 87th, respectively.

Gross Domestic Product & Income

StatDominicaSomalia
GDP$550.9M$4.7B
GDP growth, 1 year-12%3.1%
GDP growth, 5-years average-2.8%2.9%
Population74k11M
GDP per capita$7.7k$315
GDP per capita growth2.03%-2.74%
Purchasing Power Parity conversion factor1.8711427.68
Price level ratio of PPP conversion factor GDP to market exchange rate0.69N/A
GDP per capita, PPP adjusted$9.9k$500
GNI, Atlas method$508.1M$959.2M
GNI per capita$7.1k$130
GNI, PPP adjusted$735.4MN/A
GNI per capita, PPP adjusted$10kN/A

Financial system and Human development

StatDominicaSomalia
Income Tax Rate35%N/A
Corporate Tax Rate30%N/A
Inflation, consumer prices1.4%1.5%
Inflation, GDP deflator3.6%215.5%
Unemployment0%14%
Economic Freedom Index60.829
Personal Freedom Index6.13.6
Human Freedom Index6.13.4
Property Rights Index59.820.1
Judical Effectiveness Index62.626.5
Business Freedom Index70.431.6
Fiscal Health Index86.2N/A
Labor Freedom Index60.7N/A
Investment Freedom Index70N/A
Financial Freedom Index30N/A
Trade Freedom Index68.4N/A
Monetary Freedom Index83.5N/A
Government Spending Index16N/A
Tax Burden Index70.5N/A
Government Integrity Index51.213.1
Corruption Perceptions Index5710
Life expectancy at birth, years76.656.7
Suicide mortality rate, per 100,000 people24.7
Mortality caused by road traffic injury, per 100,000 people10.927.1
Intentional homicides, per 100,000 people25.74.3
International tourism, number of arrivals63kN/A

Government debt & reserves

StatDominicaSomalia
Central government debt, % of GDP83.1%N/A
External debt stocks, % of GNI55.3%39.4%
External debt stocks$279.2M$2.9B
Short-term debt, % of total reserves6.9%847.9%
Total debt service, % of exports and primary income16.5%47.6%
Adjusted net savings including particulate emission damage, % of GNIN/AN/A
Gross savings, % of GDPN/AN/A
Gross capital formation, % of GDPN/A15.5%
Total reserves including gold$191.3M$23.1M
Foreign direct investment net inflows$13.3M$409M

Exports, imports and economic structure

StatDominicaSomalia
Exports of goods and services, % of GDP42.9%25.9%
Imports of goods and services, % of GDP65.1%99.6%
Current account balance (balance of payments)-$225.1MN/A
Revenue excluding grants, % of GDPN/A0%
Grants excluding technical cooperation, BoP$28.3M$1.5B
Personal remittances received$49.2M$21.7M
Industry including construction value added, % of GDP15.8%9.5%
Agriculture, forestry and fishing value added, % of GDP11.1%62.7%
Charges for the use of intellectual property, payments BoP$662kN/A
Charges for the use of intellectual property, receipts BoP$119N/A
Expense, % of GDPN/A0%
Government Expenditure, % of GDP52.9%N/A

Compare with countries close by GDP per capita

Dominica vs

CountryGDP
per capita
Population
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M
Bulgaria
$9.3k
7M
Brazil
$8.9k
210M
Montenegro
$8.8k
622k
Cuba
$8.8k
11.5M
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M

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