Malaysia vs Somalia: Economic Indicators Comparison

Malaysia with a GDP of $358.6B ranked the 37th largest economy in the world, while Somalia ranked 159th with $4.7B. By GDP 5-years average growth and GDP per capita, Malaysia and Somalia ranked 29th vs 97th and 67th vs 196th, respectively.

Gross Domestic Product & Income

StatMalaysiaSomalia
GDP$358.6B$4.7B
GDP growth, 1 year4.7%3.1%
GDP growth, 5-years average5.2%2.9%
Population31.6M11M
GDP per capita$11k$315
GDP per capita growth3.33%-2.74%
Purchasing Power Parity conversion factor1.4411427.68
Price level ratio of PPP conversion factor GDP to market exchange rate0.36N/A
GDP per capita, PPP adjusted$31k$500
GNI, Atlas method$333.8B$959.2M
GNI per capita$11k$130
GNI, PPP adjusted$966.3BN/A
GNI per capita, PPP adjusted$31kN/A

Financial system and Human development

StatMalaysiaSomalia
Income Tax Rate25%N/A
Corporate Tax Rate25%N/A
Inflation, consumer prices1%1.5%
Inflation, GDP deflator0.7%215.5%
Unemployment3.4%14%
Economic Freedom Index74.729
Personal Freedom Index6.233.6
Human Freedom Index6.383.4
Property Rights Index86.520.1
Judical Effectiveness Index74.626.5
Business Freedom Index87.831.6
Fiscal Health Index80.2N/A
Labor Freedom Index74.5N/A
Investment Freedom Index60N/A
Financial Freedom Index50N/A
Trade Freedom Index82N/A
Monetary Freedom Index81.6N/A
Government Spending Index84.6N/A
Tax Burden Index85.7N/A
Government Integrity Index49.413.1
Corruption Perceptions Index4710
Life expectancy at birth, years75.856.7
Suicide mortality rate, per 100,000 people5.54.7
Mortality caused by road traffic injury, per 100,000 people23.627.1
Intentional homicides, per 100,000 people2.14.3
International tourism, number of arrivals25.8MN/A

Government debt & reserves

StatMalaysiaSomalia
Central government debt, % of GDP56.2%N/A
External debt stocks, % of GNIN/A39.4%
External debt stocksN/A$2.9B
Short-term debt, % of total reservesN/A847.9%
Total debt service, % of exports and primary incomeN/A47.6%
Adjusted net savings including particulate emission damage, % of GNI10%N/A
Gross savings, % of GDP25.7%N/A
Gross capital formation, % of GDP23.6%15.5%
Total reserves including gold$101.5B$23.1M
Foreign direct investment net inflows$8.6B$409M

Exports, imports and economic structure

StatMalaysiaSomalia
Exports of goods and services, % of GDP68.8%25.9%
Imports of goods and services, % of GDP61.7%99.6%
Current account balance (balance of payments)$7.6BN/A
Revenue excluding grants, % of GDP16.1%0%
Grants excluding technical cooperation, BoP$26.2M$1.5B
Personal remittances received$1.7B$21.7M
Industry including construction value added, % of GDP38.3%9.5%
Agriculture, forestry and fishing value added, % of GDP7.5%62.7%
Charges for the use of intellectual property, payments BoP$2BN/A
Charges for the use of intellectual property, receipts BoP$267.4MN/A
Expense, % of GDP15.9%0%
Government Expenditure, % of GDP22.6%N/A

Compare with countries close by GDP per capita

Malaysia vs

CountryGDP
per capita
Population
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
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

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