The Seychelles vs Somalia: Economic Indicators Comparison

Somalia with a GDP of $4.7B ranked the 159th largest economy in the world, while the Seychelles ranked 180th with $1.6B. By GDP 5-years average growth and GDP per capita, Somalia and the Seychelles ranked 97th vs 45th and 196th vs 55th, respectively.

Gross Domestic Product & Income

Stat	Seychelles	Somalia
GDP	$1.6B	$4.7B
GDP growth, 1 year	3.6%	3.1%
GDP growth, 5-years average	4.6%	2.9%
Population	96k	11M
GDP per capita	$16k	$315
GDP per capita growth	2.64%	-2.74%
Purchasing Power Parity conversion factor	7.48	11427.68
Price level ratio of PPP conversion factor GDP to market exchange rate	0.54	N/A
GDP per capita, PPP adjusted	$31k	$500
GNI, Atlas method	$1.5B	$959.2M
GNI per capita	$16k	$130
GNI, PPP adjusted	$2.8B	N/A
GNI per capita, PPP adjusted	$29k	N/A

Financial system and Human development

Stat	Seychelles	Somalia
Income Tax Rate	15%	N/A
Corporate Tax Rate	33%	N/A
Inflation, consumer prices	3.7%	1.5%
Inflation, GDP deflator	4.1%	215.5%
Unemployment	3%	14%
Economic Freedom Index	64.3	29
Personal Freedom Index	7.17	3.6
Human Freedom Index	7.14	3.4
Property Rights Index	68.3	20.1
Judical Effectiveness Index	46.4	26.5
Business Freedom Index	65.3	31.6
Fiscal Health Index	93.2	N/A
Labor Freedom Index	62.8	N/A
Investment Freedom Index	55	N/A
Financial Freedom Index	30	N/A
Trade Freedom Index	82.6	N/A
Monetary Freedom Index	78.6	N/A
Government Spending Index	58.9	N/A
Tax Burden Index	76.8	N/A
Government Integrity Index	53.3	13.1
Corruption Perceptions Index	66	10
Life expectancy at birth, years	74.3	56.7
Suicide mortality rate, per 100,000 people	9.3	4.7
Mortality caused by road traffic injury, per 100,000 people	15.9	27.1
Intentional homicides, per 100,000 people	12.7	4.3
International tourism, number of arrivals	362k	N/A

Government debt & reserves

Stat	Seychelles	Somalia
Central government debt, % of GDP	58.2%	N/A
External debt stocks, % of GNI	N/A	39.4%
External debt stocks	N/A	$2.9B
Short-term debt, % of total reserves	N/A	847.9%
Total debt service, % of exports and primary income	N/A	47.6%
Adjusted net savings including particulate emission damage, % of GNI	N/A	N/A
Gross savings, % of GDP	10.2%	N/A
Gross capital formation, % of GDP	32.5%	15.5%
Total reserves including gold	$549.5M	$23.1M
Foreign direct investment net inflows	$43.9M	$409M

Exports, imports and economic structure

Stat	Seychelles	Somalia
Exports of goods and services, % of GDP	87%	25.9%
Imports of goods and services, % of GDP	102.1%	99.6%
Current account balance (balance of payments)	-$269.4M	N/A
Revenue excluding grants, % of GDP	36.4%	0%
Grants excluding technical cooperation, BoP	$13.8M	$1.5B
Personal remittances received	$22.7M	$21.7M
Industry including construction value added, % of GDP	10.9%	9.5%
Agriculture, forestry and fishing value added, % of GDP	2%	62.7%
Charges for the use of intellectual property, payments BoP	$2.2M	N/A
Charges for the use of intellectual property, receipts BoP	$1.4M	N/A
Expense, % of GDP	33.3%	0%
Government Expenditure, % of GDP	37%	N/A