Kenya vs Somalia: Economic Indicators Comparison

Kenya with a GDP of $87.9B ranked the 66th largest economy in the world, while Somalia ranked 159th with $4.7B. By GDP 5-years average growth and GDP per capita, Kenya and Somalia ranked 25th vs 97th and 153rd vs 196th, respectively.

Gross Domestic Product & Income

Stat	Kenya	Somalia
GDP	$87.9B	$4.7B
GDP growth, 1 year	6%	3.1%
GDP growth, 5-years average	5.6%	2.9%
Population	48.5M	11M
GDP per capita	$1.7k	$315
GDP per capita growth	3.9%	-2.74%
Purchasing Power Parity conversion factor	49.97	11427.68
Price level ratio of PPP conversion factor GDP to market exchange rate	0.49	N/A
GDP per capita, PPP adjusted	$3.7k	$500
GNI, Atlas method	$83.1B	$959.2M
GNI per capita	$1.6k	$130
GNI, PPP adjusted	$176.7B	N/A
GNI per capita, PPP adjusted	$3.4k	N/A

Financial system and Human development

Stat	Kenya	Somalia
Income Tax Rate	30%	N/A
Corporate Tax Rate	30%	N/A
Inflation, consumer prices	4.7%	1.5%
Inflation, GDP deflator	2.8%	215.5%
Unemployment	9.3%	14%
Economic Freedom Index	55.3	29
Personal Freedom Index	6.48	3.6
Human Freedom Index	6.61	3.4
Property Rights Index	63.2	20.1
Judical Effectiveness Index	48.6	26.5
Business Freedom Index	55	31.6
Fiscal Health Index	13.5	N/A
Labor Freedom Index	55.8	N/A
Investment Freedom Index	55	N/A
Financial Freedom Index	50	N/A
Trade Freedom Index	60.4	N/A
Monetary Freedom Index	75	N/A
Government Spending Index	79.6	N/A
Tax Burden Index	78.7	N/A
Government Integrity Index	28.2	13.1
Corruption Perceptions Index	27	10
Life expectancy at birth, years	65.9	56.7
Suicide mortality rate, per 100,000 people	3.2	4.7
Mortality caused by road traffic injury, per 100,000 people	27.8	27.1
Intentional homicides, per 100,000 people	5	4.3
International tourism, number of arrivals	1.4M	N/A

Government debt & reserves

Stat	Kenya	Somalia
Central government debt, % of GDP	57.2%	N/A
External debt stocks, % of GNI	36.1%	39.4%
External debt stocks	$31.5B	$2.9B
Short-term debt, % of total reserves	31.1%	847.9%
Total debt service, % of exports and primary income	22.6%	47.6%
Adjusted net savings including particulate emission damage, % of GNI	-2.2%	N/A
Gross savings, % of GDP	10.5%	N/A
Gross capital formation, % of GDP	18.4%	15.5%
Total reserves including gold	$8.2B	$23.1M
Foreign direct investment net inflows	$1.6B	$409M

Exports, imports and economic structure

Stat	Kenya	Somalia
Exports of goods and services, % of GDP	13.2%	25.9%
Imports of goods and services, % of GDP	23%	99.6%
Current account balance (balance of payments)	-$5B	N/A
Revenue excluding grants, % of GDP	22%	0%
Grants excluding technical cooperation, BoP	$1.5B	$1.5B
Personal remittances received	$2.7B	$21.7M
Industry including construction value added, % of GDP	16.4%	9.5%
Agriculture, forestry and fishing value added, % of GDP	34.2%	62.7%
Charges for the use of intellectual property, payments BoP	$206.8M	N/A
Charges for the use of intellectual property, receipts BoP	$68.6M	N/A
Expense, % of GDP	26.2%	0%
Government Expenditure, % of GDP	26.1%	N/A