Nauru vs Somalia: Economic Indicators Comparison

Somalia with a GDP of $4.7B ranked the 159th largest economy in the world, while Nauru ranked 195th with $125.6M. By GDP per capita, Somalia and Nauru ranked 196th vs 74th, respectively.

Gross Domestic Product & Income

StatNauruSomalia
GDP$125.6M$4.7B
GDP growth, 1 year5.7%3.1%
GDP growth, 5-years averageN/A2.9%
Population14k11M
GDP per capita$9.9k$315
GDP per capita growth7.13%-2.74%
Purchasing Power Parity conversion factor0.7711427.68
Price level ratio of PPP conversion factor GDP to market exchange rate0.6N/A
GDP per capita, PPP adjusted$17k$500
GNI, Atlas method$153.2M$959.2M
GNI per capita$12k$130
GNI, PPP adjusted$266.1MN/A
GNI per capita, PPP adjusted$21kN/A

Financial system and Human development

StatNauruSomalia
Income Tax RateN/AN/A
Corporate Tax RateN/AN/A
Inflation, consumer pricesN/A1.5%
Inflation, GDP deflator1.5%215.5%
Unemployment13.3%14%
Economic Freedom Index6029
Personal Freedom Index6.33.6
Human Freedom Index6.23.4
Property Rights IndexN/A20.1
Judical Effectiveness IndexN/A26.5
Business Freedom IndexN/A31.6
Fiscal Health IndexN/AN/A
Labor Freedom IndexN/AN/A
Investment Freedom IndexN/AN/A
Financial Freedom IndexN/AN/A
Trade Freedom IndexN/AN/A
Monetary Freedom IndexN/AN/A
Government Spending IndexN/AN/A
Tax Burden IndexN/AN/A
Government Integrity IndexN/A13.1
Corruption Perceptions Index5610
Life expectancy at birth, years59.756.7
Suicide mortality rate, per 100,000 people0.24.7
Mortality caused by road traffic injury, per 100,000 people127.1
Intentional homicides, per 100,000 people04.3
International tourism, number of arrivalsN/AN/A

Government debt & reserves

StatNauruSomalia
Central government debt, % of GDPN/AN/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 GDPN/AN/A
Gross capital formation, % of GDPN/A15.5%
Total reserves including goldN/A$23.1M
Foreign direct investment net inflows$0$409M

Exports, imports and economic structure

StatNauruSomalia
Exports of goods and services, % of GDP48.8%25.9%
Imports of goods and services, % of GDP101.7%99.6%
Current account balance (balance of payments)$8.4MN/A
Revenue excluding grants, % of GDP96.8%0%
Grants excluding technical cooperation, BoP$23.7M$1.5B
Personal remittances received$6.5M$21.7M
Industry including construction value added, % of GDP5.5%9.5%
Agriculture, forestry and fishing value added, % of GDP3.6%62.7%
Charges for the use of intellectual property, payments BoPN/AN/A
Charges for the use of intellectual property, receipts BoPN/AN/A
Expense, % of GDP85%0%
Government Expenditure, % of GDPN/AN/A

Compare with countries close by GDP per capita

Nauru vs

CountryGDP
per capita
Population
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
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
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
Lebanon
$8.3k
6.1M
Botswana
$8.3k
2.29M
Dominican Republic
$8.1k
10.4M
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M

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