Somalia vs Tonga: Economic Indicators Comparison

Somalia with a GDP of $4.7B ranked the 159th largest economy in the world, while Tonga ranked 190th with $450.4M. By GDP 5-years average growth and GDP per capita, Somalia and Tonga ranked 97th vs 89th and 196th vs 113th, respectively.

Gross Domestic Product & Income

StatSomaliaTonga
GDP$4.7B$450.4M
GDP growth, 1 year3.1%1.8%
GDP growth, 5-years average2.9%3%
Population11M108k
GDP per capita$315$4.4k
GDP per capita growth-2.74%-0.87%
Purchasing Power Parity conversion factor11427.681.49
Price level ratio of PPP conversion factor GDP to market exchange rateN/A0.68
GDP per capita, PPP adjusted$500$6.1k
GNI, Atlas method$959.2M$443.3M
GNI per capita$130$4.3k
GNI, PPP adjustedN/A$672.5M
GNI per capita, PPP adjustedN/A$6.5k

Financial system and Human development

StatSomaliaTonga
Income Tax RateN/A20%
Corporate Tax RateN/A25%
Inflation, consumer prices1.5%3.9%
Inflation, GDP deflator215.5%3.6%
Unemployment14%1%
Economic Freedom Index2958.8
Personal Freedom Index3.65.6
Human Freedom Index3.45.6
Property Rights Index20.160.9
Judical Effectiveness Index26.526.5
Business Freedom Index31.675
Fiscal Health IndexN/A95.2
Labor Freedom IndexN/A69.8
Investment Freedom IndexN/A40
Financial Freedom IndexN/A20
Trade Freedom IndexN/A74
Monetary Freedom IndexN/A71.4
Government Spending IndexN/A42.8
Tax Burden IndexN/A85.2
Government Integrity Index13.144.2
Corruption Perceptions Index1050
Life expectancy at birth, years56.770.7
Suicide mortality rate, per 100,000 people4.73.5
Mortality caused by road traffic injury, per 100,000 people27.116.8
Intentional homicides, per 100,000 people4.31
International tourism, number of arrivalsN/A54k

Government debt & reserves

StatSomaliaTonga
Central government debt, % of GDPN/A49.2%
External debt stocks, % of GNI39.4%41.3%
External debt stocks$2.9B$188.7M
Short-term debt, % of total reserves847.9%0%
Total debt service, % of exports and primary income47.6%7.2%
Adjusted net savings including particulate emission damage, % of GNIN/A9.3%
Gross savings, % of GDPN/A16.5%
Gross capital formation, % of GDP15.5%33.4%
Total reserves including gold$23.1M$227.2M
Foreign direct investment net inflows$409M$15M

Exports, imports and economic structure

StatSomaliaTonga
Exports of goods and services, % of GDP25.9%22.3%
Imports of goods and services, % of GDP99.6%75.9%
Current account balance (balance of payments)N/A-$28.6M
Revenue excluding grants, % of GDP0%25.6%
Grants excluding technical cooperation, BoP$1.5B$64.2M
Personal remittances received$21.7M$183.3M
Industry including construction value added, % of GDP9.5%17.3%
Agriculture, forestry and fishing value added, % of GDP62.7%17.2%
Charges for the use of intellectual property, payments BoPN/A$183
Charges for the use of intellectual property, receipts BoPN/A$2.3k
Expense, % of GDP0%31.4%
Government Expenditure, % of GDPN/A43.7%

Compare with countries close by GDP per capita

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

Tonga vs

CountryGDP
per capita
Population
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
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M
Marshall Islands
$3.8k
53.1k
Tuvalu
$3.7k
11.2k
Cape Verde
$3.6k
546k
Bolivia
$3.5k
11.1M
Tunisia
$3.4k
11.6M
Angola
$3.4k
29.8M