Malta vs Somalia: Economic Indicators Comparison

Malta with a GDP of $14.6B ranked the 126th largest economy in the world, while Somalia ranked 159th with $4.7B. By GDP 5-years average growth and GDP per capita, Malta and Somalia ranked 5th vs 97th and 35th vs 196th, respectively.

Gross Domestic Product & Income

StatMaltaSomalia
GDP$14.6B$4.7B
GDP growth, 1 year6.4%3.1%
GDP growth, 5-years average7.6%2.9%
Population465k11M
GDP per capita$30k$315
GDP per capita growth3.34%-2.74%
Purchasing Power Parity conversion factor0.611427.68
Price level ratio of PPP conversion factor GDP to market exchange rate0.71N/A
GDP per capita, PPP adjusted$46k$500
GNI, Atlas method$12.8B$959.2M
GNI per capita$26k$130
GNI, PPP adjusted$19BN/A
GNI per capita, PPP adjusted$39kN/A

Financial system and Human development

StatMaltaSomalia
Income Tax Rate35%N/A
Corporate Tax Rate35%N/A
Inflation, consumer prices1.7%1.5%
Inflation, GDP deflator2.1%215.5%
Unemployment4.6%14%
Economic Freedom Index69.529
Personal Freedom Index9.083.6
Human Freedom Index8.423.4
Property Rights Index70.520.1
Judical Effectiveness Index49.626.5
Business Freedom Index6831.6
Fiscal Health Index95.9N/A
Labor Freedom Index61.1N/A
Investment Freedom Index85N/A
Financial Freedom Index60N/A
Trade Freedom Index86.4N/A
Monetary Freedom Index77.1N/A
Government Spending Index60N/A
Tax Burden Index64.8N/A
Government Integrity Index55.113.1
Corruption Perceptions Index5410
Life expectancy at birth, years82.556.7
Suicide mortality rate, per 100,000 people7.54.7
Mortality caused by road traffic injury, per 100,000 people6.127.1
Intentional homicides, per 100,000 people0.94.3
International tourism, number of arrivals2.6MN/A

Government debt & reserves

StatMaltaSomalia
Central government debt, % of GDP45.4%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 GNIN/AN/A
Gross savings, % of GDP31.1%N/A
Gross capital formation, % of GDP19.1%15.5%
Total reserves including gold$1B$23.1M
Foreign direct investment net inflows$4.7B$409M

Exports, imports and economic structure

StatMaltaSomalia
Exports of goods and services, % of GDP144.9%25.9%
Imports of goods and services, % of GDP124%99.6%
Current account balance (balance of payments)$1.4BN/A
Revenue excluding grants, % of GDP38.8%0%
Grants excluding technical cooperation, BoP$6.8M$1.5B
Personal remittances received$276.5M$21.7M
Industry including construction value added, % of GDP12.1%9.5%
Agriculture, forestry and fishing value added, % of GDP0.9%62.7%
Charges for the use of intellectual property, payments BoP$814.5MN/A
Charges for the use of intellectual property, receipts BoP$618.8MN/A
Expense, % of GDP34.9%0%
Government Expenditure, % of GDP36.5%N/A

Compare with countries close by GDP per capita

Malta vs

CountryGDP
per capita
Population
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k
Brunei
$32k
429k
South Korea
$31k
51.5M
Spain
$30k
46.7M
Cyprus
$28k
1.14M
Slovenia
$26k
2.07M
Taiwan
$25k
23.6M
Bahrain
$24k
1.49M
Portugal
$23k
10.6M
Saudi Arabia
$23k
33M
Estonia
$23k
1.32M
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k

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