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

Stat	Malta	Somalia
GDP	$14.6B	$4.7B
GDP growth, 1 year	6.4%	3.1%
GDP growth, 5-years average	7.6%	2.9%
Population	465k	11M
GDP per capita	$30k	$315
GDP per capita growth	3.34%	-2.74%
Purchasing Power Parity conversion factor	0.6	11427.68
Price level ratio of PPP conversion factor GDP to market exchange rate	0.71	N/A
GDP per capita, PPP adjusted	$46k	$500
GNI, Atlas method	$12.8B	$959.2M
GNI per capita	$26k	$130
GNI, PPP adjusted	$19B	N/A
GNI per capita, PPP adjusted	$39k	N/A

Financial system and Human development

Stat	Malta	Somalia
Income Tax Rate	35%	N/A
Corporate Tax Rate	35%	N/A
Inflation, consumer prices	1.7%	1.5%
Inflation, GDP deflator	2.1%	215.5%
Unemployment	4.6%	14%
Economic Freedom Index	69.5	29
Personal Freedom Index	9.08	3.6
Human Freedom Index	8.42	3.4
Property Rights Index	70.5	20.1
Judical Effectiveness Index	49.6	26.5
Business Freedom Index	68	31.6
Fiscal Health Index	95.9	N/A
Labor Freedom Index	61.1	N/A
Investment Freedom Index	85	N/A
Financial Freedom Index	60	N/A
Trade Freedom Index	86.4	N/A
Monetary Freedom Index	77.1	N/A
Government Spending Index	60	N/A
Tax Burden Index	64.8	N/A
Government Integrity Index	55.1	13.1
Corruption Perceptions Index	54	10
Life expectancy at birth, years	82.5	56.7
Suicide mortality rate, per 100,000 people	7.5	4.7
Mortality caused by road traffic injury, per 100,000 people	6.1	27.1
Intentional homicides, per 100,000 people	0.9	4.3
International tourism, number of arrivals	2.6M	N/A

Government debt & reserves

Stat	Malta	Somalia
Central government debt, % of GDP	45.4%	N/A
External debt stocks, % of GNI	N/A	39.4%
External debt stocks	N/A	$2.9B
Short-term debt, % of total reserves	N/A	847.9%
Total debt service, % of exports and primary income	N/A	47.6%
Adjusted net savings including particulate emission damage, % of GNI	N/A	N/A
Gross savings, % of GDP	31.1%	N/A
Gross capital formation, % of GDP	19.1%	15.5%
Total reserves including gold	$1B	$23.1M
Foreign direct investment net inflows	$4.7B	$409M

Exports, imports and economic structure

Stat	Malta	Somalia
Exports of goods and services, % of GDP	144.9%	25.9%
Imports of goods and services, % of GDP	124%	99.6%
Current account balance (balance of payments)	$1.4B	N/A
Revenue excluding grants, % of GDP	38.8%	0%
Grants excluding technical cooperation, BoP	$6.8M	$1.5B
Personal remittances received	$276.5M	$21.7M
Industry including construction value added, % of GDP	12.1%	9.5%
Agriculture, forestry and fishing value added, % of GDP	0.9%	62.7%
Charges for the use of intellectual property, payments BoP	$814.5M	N/A
Charges for the use of intellectual property, receipts BoP	$618.8M	N/A
Expense, % of GDP	34.9%	0%
Government Expenditure, % of GDP	36.5%	N/A