Country comparison Somalia vs Nigeria

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Gouvernement
GDP Growth (%) [+]20244.1%chart4.1%2024GDP Growth (%) [+]
Annual GDP [+]2024€11,056Mchart€232,991M2024Annual GDP [+]
Annual GDP [+]2024$11,967Mchart$252,109M2024Annual GDP [+]
GDP per capita [+]2024€602chart€1,0012024GDP per capita [+]
GDP per capita [+]2024$652chart$1,0842024GDP per capita [+]
91,6422024Debt (M.€.) [+]
99,1622024Debt ($M) [+]
39.33%2024Debt (%GDP) [+]
€4022024Debt Per Capita [+]
$4352024Debt Per Capita [+]
Deficit (M.€) [+]20235chart-3,6512024Deficit (M.€) [+]
Deficit ($M) [+]20235chart-3,9512024Deficit ($M) [+]
Deficit (%GDP) [+]20230.05%chart-1.57%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]2023677.7chart28,710.22024Expenditure (M.€) [+]
Expenditure ($M) [+]2023733.0chart31,066.02024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20230.0chart1,437.72023Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20230.0chart1,555.02023Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20258.13%chart2.98%2024Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]202353.8chart2,018.42023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]202358.2chart2,183.42023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20237.90%chart4.31%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]2024175.3chart1,294.12024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]2024189.8chart1,400.32024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]202421.57%chart3.07%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]20236.68%chart12.32%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2023€37chart€1262024Expenditure Per Capita [+]
Expenditure Per Capita [+]2023$40chart$1362024Expenditure Per Capita [+]
Education Expenditure P.C [+]2023€0chart€62023Education Expenditure P.C [+]
Education Expenditure P.C [+]2023$0chart$72023Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2023€3chart€92023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2023$3chart$102023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€10chart€62024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$10chart$62024Defence Expenditure P.C. [+]
B-11/14/2025S&P Rating [+]
B-11/11/2022Fitch Rating [+]
Corruption Index [+]202311chart252023Corruption Index [+]
116º2019Competitiveness Ranking [+]
Fragile States Index [+]2024111.3chart96.62024Fragile States Index [+]
64º2024RTI Raking [+]
113º2024Innovation Ranking [+]
Labour
3.1%2024Q2Unemployment rate [+]
3,018K2024Q2Unemployed [+]
$72.32024NMW [+]
€65.42024NMW [+]
114º2017Human Capital Ranking [+]
Markets
1,610.861103/06/2026Euro / Nairas [+]
1,392.755603/06/2026US Dollar exchange rate [+]
Prices
15.1%January 2026CPI (overall index) [+]
Money Market
26.50%02/24/2026Key rates [+]
Business
Doing Business [+]2020190ºchart146º2019Doing Business [+]
5,100December 2019Passengers vehicles Year [+]
0.05December 2019Annual Vehicles/ 1,000 p. [+]
54.232020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]20243.1%chart8.2%2023Tax Revenue (%GDP) [+]
7.50%01/01/2020Standard VAT [+]
24.0%2020Top tax rate + SSC [+]
Trade
528,0002022Annual arrivals [+]
Exports [+]2023€695.7Mchart€51,032.9M2023Exports [+]
Exports [+]2023$752.2Mchart$55,181.8M2023Exports [+]
Exports % GDP [+]20236.86%chart11.33%2023Exports % GDP [+]
Imports [+]2023€3,867.0Mchart€45,711.3M2023Imports [+]
Imports [+]2023$4,181.3Mchart$49,427.7M2023Imports [+]
Imports % GDP [+]202338.16%chart10.14%2023Imports % GDP [+]
Trade balance [+]2023€-3,171.3Mchart€5,321.5M2023Trade balance [+]
Trade balance [+]2023$-3,429.1Mchart$11,943.9M2023Trade balance [+]
Trade balance % GDP [+]2023-31.29%chart1.18%2023Trade balance % GDP [+]
Socio-Demography
86º2015Global AgeWatch Ranking [+]
Density [+]202329chart2472023Density [+]
Global Peace Ranking [+]2024153ºchart147º2024Global Peace Ranking [+]
21,967.22017Remittance received ($M) [+]
% Immigrant [+]20200.35%chart0.61%2020% Immigrant [+]
% Emigrant [+]202012.22%chart0.78%2020% Emigrant [+]
Birth Rate [+]202342.96‰chart32.95‰2023Birth Rate [+]
Remittance sent ($M) [+]20170.9chart1,143.72017Remittance sent ($M) [+]
Crude death rate [+]20239.84‰chart11.74‰2023Crude death rate [+]
Fertility Rate [+]20236.13chart4.482023Fertility Rate [+]
% risk of poverty [+]202255.4%chart56.2%2023% risk of poverty [+]
Population [+]202318,358,615chart227,882,9452023Population [+]
Immigrant stock [+]202058,590chart1,308,5682020Immigrant stock [+]
Emigrant stock [+]20202,034,221chart1,670,4552020Emigrant stock [+]
HDI [+]20220.380chart0.5482022HDI [+]
125º2024Gender Gap Ranking [+]
Life expectancy [+]202358.82chart54.462023Life expectancy [+]
Suicides [+]2015578chart18,0952015Suicides [+]
Suicide rate [+]20154.19chart9.492015Suicide rate [+]
35,8842023Number of homicides [+]
15.752023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20230.05chart0.582023CO2 Tons per capita [+]
1,4892024Annual crude oil production [+]
36,890.02021Crude Oil Reserves [+]
Consumption GWh [+]2024406chart29,9352024Consumption GWh [+]
Generation GWh [+]2024421chart37,5552024Generation GWh [+]
Others
COVID-19 - Deaths [+]02/08/20261,361chart3,15502/08/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]02/08/202627,334chart267,22902/08/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]07/25/20237,666,835chart81,297,81011/05/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]02/08/202674.13chart13.8402/08/2026COVID-19 - Deaths per million population [+]
Doses administered [+]07/25/202310,555,834chart133,048,02411/05/2023Doses administered [+]
Somalia
Nigeria