Somalia vs Turkmenistan: Economic Indicators Comparison
Turkmenistan with a GDP of $40.8B ranked the 93rd largest economy in the world, while Somalia ranked 159th with $4.7B. By GDP 5-years average growth and GDP per capita, Turkmenistan and Somalia ranked 9th vs 97th and 92nd vs 196th, respectively.
Gross Domestic Product & Income
Stat | ||
---|---|---|
GDP | $4.7B | $40.8B |
GDP growth, 1 year | 3.1% | 6.2% |
GDP growth, 5-years average | 2.9% | 7.1% |
Population | 11M | 5.9M |
GDP per capita | $315 | $7k |
GDP per capita growth | -2.74% | 4.51% |
Purchasing Power Parity conversion factor | 11427.68 | 1.26 |
Price level ratio of PPP conversion factor GDP to market exchange rate | N/A | 0.36 |
GDP per capita, PPP adjusted | $500 | $20k |
GNI, Atlas method | $959.2M | $39.4B |
GNI per capita | $130 | $6.7k |
GNI, PPP adjusted | N/A | $108.2B |
GNI per capita, PPP adjusted | N/A | $18k |
Financial system and Human development
Stat | ||
---|---|---|
Income Tax Rate | N/A | 10% |
Corporate Tax Rate | N/A | 8% |
Inflation, consumer prices | 1.5% | 13.6% |
Inflation, GDP deflator | 215.5% | 1.2% |
Unemployment | 14% | 3.8% |
Economic Freedom Index | 29 | 46.5 |
Personal Freedom Index | 3.6 | 4.1 |
Human Freedom Index | 3.4 | 4.1 |
Property Rights Index | 20.1 | 20.1 |
Judical Effectiveness Index | 26.5 | 20 |
Business Freedom Index | 31.6 | 30 |
Fiscal Health Index | N/A | 94.5 |
Labor Freedom Index | N/A | 20 |
Investment Freedom Index | N/A | 10 |
Financial Freedom Index | N/A | 10 |
Trade Freedom Index | N/A | 74.2 |
Monetary Freedom Index | N/A | 68.7 |
Government Spending Index | N/A | 93.1 |
Tax Burden Index | N/A | 95.9 |
Government Integrity Index | 13.1 | 21.4 |
Corruption Perceptions Index | 10 | 20 |
Life expectancy at birth, years | 56.7 | 68 |
Suicide mortality rate, per 100,000 people | 4.7 | 6.7 |
Mortality caused by road traffic injury, per 100,000 people | 27.1 | 14.5 |
Intentional homicides, per 100,000 people | 4.3 | 4.2 |
International tourism, number of arrivals | N/A | 8.2k |
Government debt & reserves
Stat | ||
---|---|---|
Central government debt, % of GDP | N/A | 29.3% |
External debt stocks, % of GNI | 39.4% | 2.3% |
External debt stocks | $2.9B | $907.3M |
Short-term debt, % of total reserves | 847.9% | 20.6% |
Total debt service, % of exports and primary income | 47.6% | 22.1% |
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 | 15.5% | 47.2% |
Total reserves including gold | $23.1M | $1.5B |
Foreign direct investment net inflows | $409M | $2B |
Exports, imports and economic structure
Stat | ||
---|---|---|
Exports of goods and services, % of GDP | 25.9% | 22.7% |
Imports of goods and services, % of GDP | 99.6% | 12.5% |
Current account balance (balance of payments) | N/A | N/A |
Revenue excluding grants, % of GDP | 0% | N/A |
Grants excluding technical cooperation, BoP | $1.5B | $14.5M |
Personal remittances received | $21.7M | $1.6M |
Industry including construction value added, % of GDP | 9.5% | 57% |
Agriculture, forestry and fishing value added, % of GDP | 62.7% | 9.3% |
Charges for the use of intellectual property, payments BoP | N/A | N/A |
Charges for the use of intellectual property, receipts BoP | N/A | N/A |
Expense, % of GDP | 0% | N/A |
Government Expenditure, % of GDP | N/A | 15.1% |