Samoa vs Somalia: Economic Indicators Comparison

Somalia with a GDP of $4.7B ranked the 159th largest economy in the world, while Samoa ranked 187th with $820.5M. By GDP 5-years average growth and GDP per capita, Somalia and Samoa ranked 97th vs 106th and 196th vs 116th, respectively.

Gross Domestic Product & Income

Stat	Samoa	Somalia
GDP	$820.5M	$4.7B
GDP growth, 1 year	0.7%	3.1%
GDP growth, 5-years average	2.7%	2.9%
Population	196k	11M
GDP per capita	$4.2k	$315
GDP per capita growth	-2.56%	-2.74%
Purchasing Power Parity conversion factor	1.66	11427.68
Price level ratio of PPP conversion factor GDP to market exchange rate	0.65	N/A
GDP per capita, PPP adjusted	$5.9k	$500
GNI, Atlas method	$789.4M	$959.2M
GNI per capita	$4k	$130
GNI, PPP adjusted	$1.2B	N/A
GNI per capita, PPP adjusted	$6.3k	N/A

Financial system and Human development

Stat	Samoa	Somalia
Income Tax Rate	27%	N/A
Corporate Tax Rate	27%	N/A
Inflation, consumer prices	3.7%	1.5%
Inflation, GDP deflator	2%	215.5%
Unemployment	8.3%	14%
Economic Freedom Index	62.1	29
Personal Freedom Index	6.2	3.6
Human Freedom Index	6.2	3.4
Property Rights Index	60.5	20.1
Judical Effectiveness Index	31.7	26.5
Business Freedom Index	76.6	31.6
Fiscal Health Index	94.6	N/A
Labor Freedom Index	78.8	N/A
Investment Freedom Index	55	N/A
Financial Freedom Index	30	N/A
Trade Freedom Index	64.6	N/A
Monetary Freedom Index	79.5	N/A
Government Spending Index	62.5	N/A
Tax Burden Index	79.6	N/A
Government Integrity Index	31.5	13.1
Corruption Perceptions Index	48	10
Life expectancy at birth, years	73	56.7
Suicide mortality rate, per 100,000 people	4.4	4.7
Mortality caused by road traffic injury, per 100,000 people	11.3	27.1
Intentional homicides, per 100,000 people	3.2	4.3
International tourism, number of arrivals	164k	N/A

Government debt & reserves

Stat	Samoa	Somalia
Central government debt, % of GDP	50.2%	N/A
External debt stocks, % of GNI	51.3%	39.4%
External debt stocks	$427.5M	$2.9B
Short-term debt, % of total reserves	0%	847.9%
Total debt service, % of exports and primary income	9.8%	47.6%
Adjusted net savings including particulate emission damage, % of GNI	N/A	N/A
Gross savings, % of GDP	N/A	N/A
Gross capital formation, % of GDP	N/A	15.5%
Total reserves including gold	$169.9M	$23.1M
Foreign direct investment net inflows	$16.7M	$409M

Exports, imports and economic structure

Stat	Samoa	Somalia
Exports of goods and services, % of GDP	32.6%	25.9%
Imports of goods and services, % of GDP	47.8%	99.6%
Current account balance (balance of payments)	$20.5M	N/A
Revenue excluding grants, % of GDP	33.1%	0%
Grants excluding technical cooperation, BoP	$89.6M	$1.5B
Personal remittances received	$147.4M	$21.7M
Industry including construction value added, % of GDP	15.1%	9.5%
Agriculture, forestry and fishing value added, % of GDP	9.8%	62.7%
Charges for the use of intellectual property, payments BoP	$586k	N/A
Charges for the use of intellectual property, receipts BoP	$538k	N/A
Expense, % of GDP	27.8%	0%
Government Expenditure, % of GDP	35.3%	N/A