Saint Vincent vs Somalia: Economic Indicators Comparison

Somalia with a GDP of $4.7B ranked the 159th largest economy in the world, while Saint Vincent ranked 188th with $811.3M. By GDP 5-years average growth and GDP per capita, Somalia and Saint Vincent ranked 97th vs 155th and 196th vs 88th, respectively.

Gross Domestic Product & Income

Stat	Saint Vincent	Somalia
GDP	$811.3M	$4.7B
GDP growth, 1 year	2%	3.1%
GDP growth, 5-years average	0.9%	2.9%
Population	110k	11M
GDP per capita	$7.4k	$315
GDP per capita growth	1.81%	-2.74%
Purchasing Power Parity conversion factor	1.62	11427.68
Price level ratio of PPP conversion factor GDP to market exchange rate	0.6	N/A
GDP per capita, PPP adjusted	$12k	$500
GNI, Atlas method	$808.6M	$959.2M
GNI per capita	$7.3k	$130
GNI, PPP adjusted	$1.3B	N/A
GNI per capita, PPP adjusted	$12k	N/A

Financial system and Human development

Stat	Saint Vincent	Somalia
Income Tax Rate	30%	N/A
Corporate Tax Rate	33%	N/A
Inflation, consumer prices	2.4%	1.5%
Inflation, GDP deflator	0.2%	215.5%
Unemployment	19.8%	14%
Economic Freedom Index	66.8	29
Personal Freedom Index	6.8	3.6
Human Freedom Index	6.7	3.4
Property Rights Index	50.5	20.1
Judical Effectiveness Index	62.6	26.5
Business Freedom Index	75.8	31.6
Fiscal Health Index	89	N/A
Labor Freedom Index	73.3	N/A
Investment Freedom Index	70	N/A
Financial Freedom Index	40	N/A
Trade Freedom Index	67.2	N/A
Monetary Freedom Index	80.8	N/A
Government Spending Index	73.7	N/A
Tax Burden Index	72.4	N/A
Government Integrity Index	46.1	13.1
Corruption Perceptions Index	58	10
Life expectancy at birth, years	72.3	56.7
Suicide mortality rate, per 100,000 people	2.4	4.7
Mortality caused by road traffic injury, per 100,000 people	8.2	27.1
Intentional homicides, per 100,000 people	36.5	4.3
International tourism, number of arrivals	80k	N/A

Government debt & reserves

Stat	Saint Vincent	Somalia
Central government debt, % of GDP	73.1%	N/A
External debt stocks, % of GNI	37.6%	39.4%
External debt stocks	$328.2M	$2.9B
Short-term debt, % of total reserves	0%	847.9%
Total debt service, % of exports and primary income	12.3%	47.6%
Adjusted net savings including particulate emission damage, % of GNI	0.4%	N/A
Gross savings, % of GDP	4.4%	N/A
Gross capital formation, % of GDP	26.2%	15.5%
Total reserves including gold	$169.6M	$23.1M
Foreign direct investment net inflows	$110.1M	$409M

Exports, imports and economic structure

Stat	Saint Vincent	Somalia
Exports of goods and services, % of GDP	34.9%	25.9%
Imports of goods and services, % of GDP	54.7%	99.6%
Current account balance (balance of payments)	-$99.1M	N/A
Revenue excluding grants, % of GDP	27.2%	0%
Grants excluding technical cooperation, BoP	$12M	$1.5B
Personal remittances received	$46.8M	$21.7M
Industry including construction value added, % of GDP	15%	9.5%
Agriculture, forestry and fishing value added, % of GDP	7.2%	62.7%
Charges for the use of intellectual property, payments BoP	$3M	N/A
Charges for the use of intellectual property, receipts BoP	$300k	N/A
Expense, % of GDP	26.4%	0%
Government Expenditure, % of GDP	29.6%	N/A