CPI

1.3%

0.5

Unemployment

4.2%

0.3

CPI

287.9%

11.7

CPI

2.3%

-0.6

CPI

2.2%

-0.4

CPI

3.2%

0.4

Rate

70.00%

-10.00

CPI

3.5%

0.3

  1. Countries data: Demographic and economy

Country comparison Norway vs Somalia

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Annual GDP at market prices Norway vs Somalia comparison
 
Gouvernement
Qu. GDP Per Capita [+]2023Q420,093K
Annual GDP [+]2023€448,904Mchart€9,887M2022Annual GDP [+]
Annual GDP [+]2023$485,400Mchart$10,420M2022Annual GDP [+]
GDP per capita [+]2023€81,000chart€5792022GDP per capita [+]
GDP per capita [+]2023$88,432chart$6112022GDP per capita [+]
Quarterly GDP [+]2023Q4€110,290M
Debt (M.€.) [+]2022204,093
Debt ($M) [+]2022215,089
Debt (%GDP) [+]202237.12%
Debt Per Capita [+]2022€37,182
Debt Per Capita [+]2022$39,186
Deficit (M.€) [+]2022144,437chart22022Deficit (M.€) [+]
Deficit ($M) [+]2022146,855chart22022Deficit ($M) [+]
Deficit (%GDP) [+]202225.60%chart0.02%2022Deficit (%GDP) [+]
Expenditure (M.€) [+]2022216,572.0chart683.22022Expenditure (M.€) [+]
Expenditure ($M) [+]2022223,179.0chart720.02022Expenditure ($M) [+]
Education Expenditure (M.€) [+]201828,486.4
Education Expenditure ($M) [+]201833,404.8chart6.51973Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]201815.92%chart4.41%2020Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202237,286,216,122.6chart23.91999Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]199810,567,578,428.2chart25.51999Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]201717.88%chart4.20%1999Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20229,253.2chart0.02017Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20229,489.0chart0.02017Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20223.78%chart20.37%2022Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202238.40%chart6.91%2022Expenditure (%GDP) [+]
Expenditure Per Capita [+]2022€39,456chart€402022Expenditure Per Capita [+]
Expenditure Per Capita [+]2022$40,659chart$422022Expenditure Per Capita [+]
Education Expenditure P.C [+]2018€5,362
Education Expenditure P.C [+]2018$6,274chart$21973Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2022€6,873chart€31999Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2017$6,783chart$31999Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2022€1,696chart€02017Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2022$1,733chart$02017Defence Expenditure P.C. [+]
Moody's Rating [+]05/06/2022Aaa
S&P Rating [+]07/09/1975AAA
Fitch Rating [+]02/28/2020AAA
Corruption Index [+]202284chart122022Corruption Index [+]
Competitiveness Ranking [+]201917º
Fragile States Index [+]201818.3chart113.22018Fragile States Index [+]
RTI Raking [+]202281º
Innovation Ranking [+]201819º
Labour
Unemployment Rate [+]February 20243.6%
Unemployment rate [+]2023Q43.5%
Unemployed [+]2023Q4106K
Average Wage [+]2022$69,430
Average Wage [+]2022€65,935
Human Capital Ranking [+]20171º
Markets
Euro / Norwegian krones [+]04/16/202411.6745
US Dollar exchange rate [+]04/15/202410.9103
10-Year Bond Yield [+]04/16/20243.87%
Risk Premium [+]04/16/2024138
Stock ExchangeYTD % [+]04/16/20242.80%
Prices
CPI (overall index) [+]December 20234.8%
HICP [+]February 20244.4%
PPI Year on Year [+]March 20242.8%
Money Market
Key rates [+]12/15/20234.50%
Business
Doing Business [+]20209ºchart190º2020Doing Business [+]
IPI Year on Year [+]February 20241.9%
Passengers vehicles Year [+]December 2022174,329
Annual Vehicles/ 1,000 p. [+]December 202238.26
Vehicles / 1,000 people [+]2021634.33
Taxes
Tax Revenue (%GDP) [+]202243.6%
Standard VAT [+]01/01/200625.00%
Top tax rate + SSC [+]202247.4%
Trade
Annual arrivals [+]20195,879,000
Exports [+]2023€164,256.8M
Exports [+]2023$177,610.9M
Exports % GDP [+]202336.59%
Imports [+]2023€89,425.4Mchart€1,024.3M2020Imports [+]
Imports [+]2023$96,695.7Mchart$1,170.0M2020Imports [+]
Imports % GDP [+]202319.92%chart16.98%2020Imports % GDP [+]
Trade balance [+]2023€74,831.4M
Trade balance [+]2023$80,915.2M
Trade balance % GDP [+]202316.67%
Retail Sales YoY [+]December 2023-3.9%
Socio-Demography
Global AgeWatch Ranking [+]20152º
Density [+]20229chart272021Density [+]
Global Peace Ranking [+]202324ºchart156º2023Global Peace Ranking [+]
Crude divorce rate [+]20201.80‰
Remittance received ($M) [+]2017614.1
% Immigrant [+]202015.81%chart0.35%2020% Immigrant [+]
% Emigrant [+]20203.55%chart12.30%2020% Emigrant [+]
Birth Rate [+]20229.40‰chart43.56‰2021Birth Rate [+]
Remittance sent ($M) [+]20172,237.9chart0.92017Remittance sent ($M) [+]
Crude death rate [+]20228.40‰chart11.60‰2021Crude death rate [+]
Fertility Rate [+]20221.41chart6.312021Fertility Rate [+]
Crude marriage rate [+]20203.30‰
% risk of poverty [+]202212.2%chart54.4%2022% risk of poverty [+]
Population [+]20225,488,984chart17,065,5812021Population [+]
Immigrant stock [+]2020852,238chart58,5902020Immigrant stock [+]
Emigrant stock [+]2020191,392chart2,034,2212020Emigrant stock [+]
HDI [+]20210.961
Gender Gap Ranking [+]20232º
Life expectancy [+]202282.50chart55.282021Life expectancy [+]
Suicides [+]2021657chart5782015Suicides [+]
Suicide rate [+]202111.93chart4.202015Suicide rate [+]
Number of homicides [+]202230
Rate Homicides per 100.000 [+]20220.55
Energy and Environment
CO2 Tons per capita [+]20217.70chart0.052021CO2 Tons per capita [+]
Annual crude oil production [+]20221,704
Crude Oil Reserves [+]20218,122.2
Consumption GWh [+]2021130,843chart3932021Consumption GWh [+]
Generation GWh [+]2021157,503chart4082021Generation GWh [+]
Others
COVID-19 - Deaths [+]03/31/20245,732chart1,36103/31/2024COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]03/31/20241,507,196chart27,33403/31/2024COVID-19 - Confirmed [+]
Fully vaccinated [+]11/13/20224,054,726chart7,666,83507/25/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]03/31/20241,044.27chart79.7503/31/2024COVID-19 - Deaths per million population [+]
Doses administered [+]11/13/202212,145,560chart10,555,83407/25/2023Doses administered [+]
Norway
Somalia