Honduras vs Somalia: Economic Indicators Comparison

Honduras with a GDP of $24B ranked the 112th largest economy in the world, while Somalia ranked 159th with $4.7B. By GDP 5-years average growth and GDP per capita, Honduras and Somalia ranked 57th vs 97th and 141st vs 196th, respectively.

Gross Domestic Product & Income

Stat	Honduras	Somalia
GDP	$24B	$4.7B
GDP growth, 1 year	3.7%	3.1%
GDP growth, 5-years average	3.9%	2.9%
Population	9.3M	11M
GDP per capita	$2.5k	$315
GDP per capita growth	2.03%	-2.74%
Purchasing Power Parity conversion factor	11.63	11427.68
Price level ratio of PPP conversion factor GDP to market exchange rate	0.49	N/A
GDP per capita, PPP adjusted	$5.2k	$500
GNI, Atlas method	$22.5B	$959.2M
GNI per capita	$2.4k	$130
GNI, PPP adjusted	$46B	N/A
GNI per capita, PPP adjusted	$4.8k	N/A

Financial system and Human development

Stat	Honduras	Somalia
Income Tax Rate	25%	N/A
Corporate Tax Rate	25%	N/A
Inflation, consumer prices	4.3%	1.5%
Inflation, GDP deflator	1.8%	215.5%
Unemployment	4.1%	14%
Economic Freedom Index	61.1	29
Personal Freedom Index	6.95	3.6
Human Freedom Index	7.13	3.4
Property Rights Index	48.6	20.1
Judical Effectiveness Index	34.2	26.5
Business Freedom Index	56.7	31.6
Fiscal Health Index	96.7	N/A
Labor Freedom Index	31.5	N/A
Investment Freedom Index	65	N/A
Financial Freedom Index	60	N/A
Trade Freedom Index	79.4	N/A
Monetary Freedom Index	72.2	N/A
Government Spending Index	78.2	N/A
Tax Burden Index	82.3	N/A
Government Integrity Index	28.6	13.1
Corruption Perceptions Index	29	10
Life expectancy at birth, years	74.9	56.7
Suicide mortality rate, per 100,000 people	2.9	4.7
Mortality caused by road traffic injury, per 100,000 people	16.7	27.1
Intentional homicides, per 100,000 people	41.7	4.3
International tourism, number of arrivals	851k	N/A

Government debt & reserves

Stat	Honduras	Somalia
Central government debt, % of GDP	40.3%	N/A
External debt stocks, % of GNI	43.7%	39.4%
External debt stocks	$9.7B	$2.9B
Short-term debt, % of total reserves	14.7%	847.9%
Total debt service, % of exports and primary income	28.1%	47.6%
Adjusted net savings including particulate emission damage, % of GNI	19.5%	N/A
Gross savings, % of GDP	20.8%	N/A
Gross capital formation, % of GDP	25.5%	15.5%
Total reserves including gold	$4.8B	$23.1M
Foreign direct investment net inflows	$1.4B	$409M

Exports, imports and economic structure

Stat	Honduras	Somalia
Exports of goods and services, % of GDP	41.8%	25.9%
Imports of goods and services, % of GDP	60.4%	99.6%
Current account balance (balance of payments)	-$1.3B	N/A
Revenue excluding grants, % of GDP	23.4%	0%
Grants excluding technical cooperation, BoP	$302.7M	$1.5B
Personal remittances received	$4.8B	$21.7M
Industry including construction value added, % of GDP	26.8%	9.5%
Agriculture, forestry and fishing value added, % of GDP	11.8%	62.7%
Charges for the use of intellectual property, payments BoP	$57.8M	N/A
Charges for the use of intellectual property, receipts BoP	$811k	N/A
Expense, % of GDP	22%	0%
Government Expenditure, % of GDP	26.9%	N/A