Nicaragua vs Somalia: Economic Indicators Comparison

Nicaragua with a GDP of $13.1B ranked the 133rd largest economy in the world, while Somalia ranked 159th with $4.7B. By GDP 5-years average growth and GDP per capita, Nicaragua and Somalia ranked 91st vs 97th and 148th vs 196th, respectively.

Gross Domestic Product & Income

Stat	Nicaragua	Somalia
GDP	$13.1B	$4.7B
GDP growth, 1 year	-4%	3.1%
GDP growth, 5-years average	3%	2.9%
Population	6.2M	11M
GDP per capita	$2k	$315
GDP per capita growth	-5.02%	-2.74%
Purchasing Power Parity conversion factor	11.57	11427.68
Price level ratio of PPP conversion factor GDP to market exchange rate	0.37	N/A
GDP per capita, PPP adjusted	$5.7k	$500
GNI, Atlas method	$13.1B	$959.2M
GNI per capita	$2k	$130
GNI, PPP adjusted	$34.9B	N/A
GNI per capita, PPP adjusted	$5.4k	N/A

Financial system and Human development

Stat	Nicaragua	Somalia
Income Tax Rate	30%	N/A
Corporate Tax Rate	30%	N/A
Inflation, consumer prices	5%	1.5%
Inflation, GDP deflator	3.4%	215.5%
Unemployment	4.5%	14%
Economic Freedom Index	57.2	29
Personal Freedom Index	7.41	3.6
Human Freedom Index	7.22	3.4
Property Rights Index	33.5	20.1
Judical Effectiveness Index	19.5	26.5
Business Freedom Index	55.1	31.6
Fiscal Health Index	87.2	N/A
Labor Freedom Index	55.5	N/A
Investment Freedom Index	60	N/A
Financial Freedom Index	50	N/A
Trade Freedom Index	75.4	N/A
Monetary Freedom Index	71.5	N/A
Government Spending Index	77.5	N/A
Tax Burden Index	76.3	N/A
Government Integrity Index	24.3	13.1
Corruption Perceptions Index	25	10
Life expectancy at birth, years	74.1	56.7
Suicide mortality rate, per 100,000 people	12.2	4.7
Mortality caused by road traffic injury, per 100,000 people	15.3	27.1
Intentional homicides, per 100,000 people	7.4	4.3
International tourism, number of arrivals	1.3M	N/A

Government debt & reserves

Stat	Nicaragua	Somalia
Central government debt, % of GDP	37.2%	N/A
External debt stocks, % of GNI	90.7%	39.4%
External debt stocks	$11.6B	$2.9B
Short-term debt, % of total reserves	60.3%	847.9%
Total debt service, % of exports and primary income	19%	47.6%
Adjusted net savings including particulate emission damage, % of GNI	14.4%	N/A
Gross savings, % of GDP	23.6%	N/A
Gross capital formation, % of GDP	22.9%	15.5%
Total reserves including gold	$2.3B	$23.1M
Foreign direct investment net inflows	$359.2M	$409M

Exports, imports and economic structure

Stat	Nicaragua	Somalia
Exports of goods and services, % of GDP	42%	25.9%
Imports of goods and services, % of GDP	51.3%	99.6%
Current account balance (balance of payments)	$83M	N/A
Revenue excluding grants, % of GDP	16.8%	0%
Grants excluding technical cooperation, BoP	$162.6M	$1.5B
Personal remittances received	$1.5B	$21.7M
Industry including construction value added, % of GDP	25.8%	9.5%
Agriculture, forestry and fishing value added, % of GDP	15.5%	62.7%
Charges for the use of intellectual property, payments BoP	$1.9M	N/A
Charges for the use of intellectual property, receipts BoP	N/A	N/A
Expense, % of GDP	16.7%	0%
Government Expenditure, % of GDP	27.4%	N/A