Somalia vs Tuvalu: Economic Indicators Comparison

Somalia with a GDP of $4.7B ranked the 159th largest economy in the world, while Tuvalu ranked 196th with $42.6M. By GDP per capita, Somalia and Tuvalu ranked 196th vs 124th, respectively.

Gross Domestic Product & Income

Stat	Somalia	Tuvalu
GDP	$4.7B	$42.6M
GDP growth, 1 year	3.1%	2.5%
GDP growth, 5-years average	2.9%	N/A
Population	11M	11k
GDP per capita	$315	$3.7k
GDP per capita growth	-2.74%	1.27%
Purchasing Power Parity conversion factor	11427.68	1.22
Price level ratio of PPP conversion factor GDP to market exchange rate	N/A	0.91
GDP per capita, PPP adjusted	$500	$4k
GNI, Atlas method	$959.2M	$62.5M
GNI per capita	$130	$5.4k
GNI, PPP adjusted	N/A	$70.2M
GNI per capita, PPP adjusted	N/A	$6.1k

Financial system and Human development

Stat	Somalia	Tuvalu
Income Tax Rate	N/A	N/A
Corporate Tax Rate	N/A	N/A
Inflation, consumer prices	1.5%	N/A
Inflation, GDP deflator	215.5%	4.9%
Unemployment	14%	8.5%
Economic Freedom Index	29	60
Personal Freedom Index	3.6	6.2
Human Freedom Index	3.4	6.1
Property Rights Index	20.1	N/A
Judical Effectiveness Index	26.5	N/A
Business Freedom Index	31.6	N/A
Fiscal Health Index	N/A	N/A
Labor Freedom Index	N/A	N/A
Investment Freedom Index	N/A	N/A
Financial Freedom Index	N/A	N/A
Trade Freedom Index	N/A	N/A
Monetary Freedom Index	N/A	N/A
Government Spending Index	N/A	N/A
Tax Burden Index	N/A	N/A
Government Integrity Index	13.1	N/A
Corruption Perceptions Index	10	48
Life expectancy at birth, years	56.7	66
Suicide mortality rate, per 100,000 people	4.7	1
Mortality caused by road traffic injury, per 100,000 people	27.1	0.2
Intentional homicides, per 100,000 people	4.3	18.7
International tourism, number of arrivals	N/A	2.7k

Government debt & reserves

Stat	Somalia	Tuvalu
Central government debt, % of GDP	N/A	N/A
External debt stocks, % of GNI	39.4%	N/A
External debt stocks	$2.9B	N/A
Short-term debt, % of total reserves	847.9%	N/A
Total debt service, % of exports and primary income	47.6%	N/A
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%	N/A
Total reserves including gold	$23.1M	N/A
Foreign direct investment net inflows	$409M	$299k

Exports, imports and economic structure

Stat	Somalia	Tuvalu
Exports of goods and services, % of GDP	25.9%	N/A
Imports of goods and services, % of GDP	99.6%	N/A
Current account balance (balance of payments)	N/A	$6.8M
Revenue excluding grants, % of GDP	0%	N/A
Grants excluding technical cooperation, BoP	$1.5B	$9.6M
Personal remittances received	$21.7M	$4M
Industry including construction value added, % of GDP	9.5%	7.3%
Agriculture, forestry and fishing value added, % of GDP	62.7%	16.5%
Charges for the use of intellectual property, payments BoP	N/A	N/A
Charges for the use of intellectual property, receipts BoP	N/A	$14k
Expense, % of GDP	0%	N/A
Government Expenditure, % of GDP	N/A	N/A