Ivory Coast vs Somalia: Economic Indicators Comparison

Ivory Coast with a GDP of $43B ranked the 90th largest economy in the world, while Somalia ranked 159th with $4.7B. By GDP 5-years average growth and GDP per capita, Ivory Coast and Somalia ranked 3rd vs 97th and 152nd vs 196th, respectively.

Gross Domestic Product & Income

Stat	Ivory Coast	Somalia
GDP	$43B	$4.7B
GDP growth, 1 year	7.4%	3.1%
GDP growth, 5-years average	8.1%	2.9%
Population	24.3M	11M
GDP per capita	$1.7k	$315
GDP per capita growth	4.73%	-2.74%
Purchasing Power Parity conversion factor	226.61	11427.68
Price level ratio of PPP conversion factor GDP to market exchange rate	0.41	N/A
GDP per capita, PPP adjusted	$4.2k	$500
GNI, Atlas method	$40.2B	$959.2M
GNI per capita	$1.6k	$130
GNI, PPP adjusted	$100.8B	N/A
GNI per capita, PPP adjusted	$4k	N/A

Financial system and Human development

Stat	Ivory Coast	Somalia
Income Tax Rate	36%	N/A
Corporate Tax Rate	25%	N/A
Inflation, consumer prices	0.3%	1.5%
Inflation, GDP deflator	0.4%	215.5%
Unemployment	2.5%	14%
Economic Freedom Index	59.7	29
Personal Freedom Index	6.26	3.6
Human Freedom Index	5.95	3.4
Property Rights Index	48.5	20.1
Judical Effectiveness Index	33	26.5
Business Freedom Index	62.3	31.6
Fiscal Health Index	66.9	N/A
Labor Freedom Index	49.2	N/A
Investment Freedom Index	75	N/A
Financial Freedom Index	50	N/A
Trade Freedom Index	69.4	N/A
Monetary Freedom Index	75.7	N/A
Government Spending Index	82.5	N/A
Tax Burden Index	77.8	N/A
Government Integrity Index	25.5	13.1
Corruption Perceptions Index	35	10
Life expectancy at birth, years	57	56.7
Suicide mortality rate, per 100,000 people	14.5	4.7
Mortality caused by road traffic injury, per 100,000 people	23.6	27.1
Intentional homicides, per 100,000 people	11.8	4.3
International tourism, number of arrivals	2M	N/A

Government debt & reserves

Stat	Ivory Coast	Somalia
Central government debt, % of GDP	52.2%	N/A
External debt stocks, % of GNI	37.9%	39.4%
External debt stocks	$15.7B	$2.9B
Short-term debt, % of total reserves	N/A	847.9%
Total debt service, % of exports and primary income	17.1%	47.6%
Adjusted net savings including particulate emission damage, % of GNI	16.6%	N/A
Gross savings, % of GDP	14.6%	N/A
Gross capital formation, % of GDP	19.8%	15.5%
Total reserves including gold	N/A	$23.1M
Foreign direct investment net inflows	$912.9M	$409M

Exports, imports and economic structure

Stat	Ivory Coast	Somalia
Exports of goods and services, % of GDP	29.8%	25.9%
Imports of goods and services, % of GDP	29.2%	99.6%
Current account balance (balance of payments)	-$1B	N/A
Revenue excluding grants, % of GDP	16.5%	0%
Grants excluding technical cooperation, BoP	$726.9M	$1.5B
Personal remittances received	$325.3M	$21.7M
Industry including construction value added, % of GDP	25.2%	9.5%
Agriculture, forestry and fishing value added, % of GDP	19.8%	62.7%
Charges for the use of intellectual property, payments BoP	$3.1M	N/A
Charges for the use of intellectual property, receipts BoP	$1.6M	N/A
Expense, % of GDP	20.6%	0%
Government Expenditure, % of GDP	24.2%	N/A