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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Guinea & Somalia

Guinea Flag svg Somalia Flag svg

Guinea vs Somalia

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Guinea Somalia
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World Rank 93 1.97 World Rank 88 2.01
Official name for the nation is the Republic of Guinea. It is also known as Guinea-Conakry due to numerous other nations with "Guinea" in the name. It is located in the western region of Africa. With a population of 12.4 million and an area of 245,857 square kilometers, its density is at around 40 people per square kilometers. More about Guinea The Federal Republic of Somalia is a country located in the so-called Horn of Africa. It is a peninsula situated in the easternmost point in African continent. With the longest coastline in Africa's mainland, Somalia has a total land coverage of 637,000 square kilometers. More about Somalia

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Guinea Somalia
Position in the ranking of countries 111 (2023) 140 (2023)
GDP [US$] 22,199,409,741 10,968,517,090
Percentage of the other 202.4 % 49.4 %

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

Gross national income (GNI, Inflation)

Gross national income

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(United States of America (USA))

Guinea Somalia
Position in the ranking of countries 110 (2023) 138 (2023)
GNI [US$] 20,265,865,041 10,922,457,080
Percentage of the other 185.5 % 53.9 %

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Guinea Somalia
Position in the ranking of countries 95 (2023) 118 (2023)
External balance [US$] -1,645,376,312 -5,837,317,460
Percentage of the other 28.2 % 354.8 %

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

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(Eswatini)

Guinea Somalia
Position in the ranking of countries 95 (2023) 118 (2023)
Unemployment [%] 5.23 18.86
Percentage of the other 27.7 % 360.6 %

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)

Population (total, growth, density, demgraphy)

Total population

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(India)

Guinea Somalia
Position in the ranking of countries 72 (2023) 65 (2023)
Population 14,405,468 18,358,615
Percentage of the other 78.5 % 127.4 %

Population growth (annual %)

Density

Gender

Demography