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

StatSaint VincentSomalia
GDP$811.3M$4.7B
GDP growth, 1 year2%3.1%
GDP growth, 5-years average0.9%2.9%
Population110k11M
GDP per capita$7.4k$315
GDP per capita growth1.81%-2.74%
Purchasing Power Parity conversion factor1.6211427.68
Price level ratio of PPP conversion factor GDP to market exchange rate0.6N/A
GDP per capita, PPP adjusted$12k$500
GNI, Atlas method$808.6M$959.2M
GNI per capita$7.3k$130
GNI, PPP adjusted$1.3BN/A
GNI per capita, PPP adjusted$12kN/A

Financial system and Human development

StatSaint VincentSomalia
Income Tax Rate30%N/A
Corporate Tax Rate33%N/A
Inflation, consumer prices2.4%1.5%
Inflation, GDP deflator0.2%215.5%
Unemployment19.8%14%
Economic Freedom Index66.829
Personal Freedom Index6.83.6
Human Freedom Index6.73.4
Property Rights Index50.520.1
Judical Effectiveness Index62.626.5
Business Freedom Index75.831.6
Fiscal Health Index89N/A
Labor Freedom Index73.3N/A
Investment Freedom Index70N/A
Financial Freedom Index40N/A
Trade Freedom Index67.2N/A
Monetary Freedom Index80.8N/A
Government Spending Index73.7N/A
Tax Burden Index72.4N/A
Government Integrity Index46.113.1
Corruption Perceptions Index5810
Life expectancy at birth, years72.356.7
Suicide mortality rate, per 100,000 people2.44.7
Mortality caused by road traffic injury, per 100,000 people8.227.1
Intentional homicides, per 100,000 people36.54.3
International tourism, number of arrivals80kN/A

Government debt & reserves

StatSaint VincentSomalia
Central government debt, % of GDP73.1%N/A
External debt stocks, % of GNI37.6%39.4%
External debt stocks$328.2M$2.9B
Short-term debt, % of total reserves0%847.9%
Total debt service, % of exports and primary income12.3%47.6%
Adjusted net savings including particulate emission damage, % of GNI0.4%N/A
Gross savings, % of GDP4.4%N/A
Gross capital formation, % of GDP26.2%15.5%
Total reserves including gold$169.6M$23.1M
Foreign direct investment net inflows$110.1M$409M

Exports, imports and economic structure

StatSaint VincentSomalia
Exports of goods and services, % of GDP34.9%25.9%
Imports of goods and services, % of GDP54.7%99.6%
Current account balance (balance of payments)-$99.1MN/A
Revenue excluding grants, % of GDP27.2%0%
Grants excluding technical cooperation, BoP$12M$1.5B
Personal remittances received$46.8M$21.7M
Industry including construction value added, % of GDP15%9.5%
Agriculture, forestry and fishing value added, % of GDP7.2%62.7%
Charges for the use of intellectual property, payments BoP$3MN/A
Charges for the use of intellectual property, receipts BoP$300kN/A
Expense, % of GDP26.4%0%
Government Expenditure, % of GDP29.6%N/A

Compare with countries close by GDP per capita

Saint Vincent vs

CountryGDP
per capita
Population
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
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
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M

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