Saint Lucia vs Somalia: Economic Indicators Comparison

Somalia with a GDP of $4.7B ranked the 159th largest economy in the world, while Saint Lucia ranked 175th with $1.9B. By GDP 5-years average growth and GDP per capita, Somalia and Saint Lucia ranked 97th vs 140th and 196th vs 71st, respectively.

Gross Domestic Product & Income

Stat	Saint Lucia	Somalia
GDP	$1.9B	$4.7B
GDP growth, 1 year	1%	3.1%
GDP growth, 5-years average	1.8%	2.9%
Population	179k	11M
GDP per capita	$11k	$315
GDP per capita growth	0.34%	-2.74%
Purchasing Power Parity conversion factor	2.06	11427.68
Price level ratio of PPP conversion factor GDP to market exchange rate	0.76	N/A
GDP per capita, PPP adjusted	$14k	$500
GNI, Atlas method	$1.7B	$959.2M
GNI per capita	$9.6k	$130
GNI, PPP adjusted	$2.4B	N/A
GNI per capita, PPP adjusted	$13k	N/A

Financial system and Human development

Stat	Saint Lucia	Somalia
Income Tax Rate	30%	N/A
Corporate Tax Rate	30%	N/A
Inflation, consumer prices	1.9%	1.5%
Inflation, GDP deflator	4.9%	215.5%
Unemployment	20.9%	14%
Economic Freedom Index	68.2	29
Personal Freedom Index	6.5	3.6
Human Freedom Index	6.5	3.4
Property Rights Index	69.8	20.1
Judical Effectiveness Index	62.6	26.5
Business Freedom Index	76.7	31.6
Fiscal Health Index	83.8	N/A
Labor Freedom Index	66.4	N/A
Investment Freedom Index	65	N/A
Financial Freedom Index	40	N/A
Trade Freedom Index	73.2	N/A
Monetary Freedom Index	82	N/A
Government Spending Index	80.6	N/A
Tax Burden Index	76.9	N/A
Government Integrity Index	41.8	13.1
Corruption Perceptions Index	55	10
Life expectancy at birth, years	75.9	56.7
Suicide mortality rate, per 100,000 people	7.8	4.7
Mortality caused by road traffic injury, per 100,000 people	35.4	27.1
Intentional homicides, per 100,000 people	29.6	4.3
International tourism, number of arrivals	395k	N/A

Government debt & reserves

Stat	Saint Lucia	Somalia
Central government debt, % of GDP	66.8%	N/A
External debt stocks, % of GNI	35.1%	39.4%
External debt stocks	$615.8M	$2.9B
Short-term debt, % of total reserves	31.9%	847.9%
Total debt service, % of exports and primary income	3.9%	47.6%
Adjusted net savings including particulate emission damage, % of GNI	-2.3%	N/A
Gross savings, % of GDP	9.7%	N/A
Gross capital formation, % of GDP	21.6%	15.5%
Total reserves including gold	$285.8M	$23.1M
Foreign direct investment net inflows	$40M	$409M

Exports, imports and economic structure

Stat	Saint Lucia	Somalia
Exports of goods and services, % of GDP	36%	25.9%
Imports of goods and services, % of GDP	43.4%	99.6%
Current account balance (balance of payments)	$102.8M	N/A
Revenue excluding grants, % of GDP	21.3%	0%
Grants excluding technical cooperation, BoP	$5M	$1.5B
Personal remittances received	$43M	$21.7M
Industry including construction value added, % of GDP	10.1%	9.5%
Agriculture, forestry and fishing value added, % of GDP	2.1%	62.7%
Charges for the use of intellectual property, payments BoP	$9.2M	N/A
Charges for the use of intellectual property, receipts BoP	N/A	N/A
Expense, % of GDP	19.4%	0%
Government Expenditure, % of GDP	25.5%	N/A