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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Mongolia & Somalia

Mongolia Flag svg Somalia Flag svg

Mongolia vs Somalia

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Mongolia Somalia
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World Rank 84 2.08 World Rank 88 2.01
A landlocked nation of Mongolia is located in East Asia and it borders Russia and China. Though it does not share borders with Kazakhstan, they are only 37 kilometers between them. With the land area of over 1.564 million square kilometers, it is the 18th largest sovereign state in the world. However, because of only 3.3 million residents, it is at the same time one of the most sparsely populated ones. More about Mongolia 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))

Mongolia Somalia
Position in the ranking of countries
GDP [US$] 20,325,121,393 10,968,517,090
Percentage of the other

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))

Mongolia Somalia
Position in the ranking of countries
GNI [US$] 18,096,012,116 10,922,457,080
Percentage of the other

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

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(China)

Mongolia Somalia
Position in the ranking of countries
External balance [US$] 1,961,371,705 -5,837,317,460
Percentage of the other

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)

Mongolia Somalia
Position in the ranking of countries
Unemployment [%] 5.42 18.86
Percentage of the other

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)

Mongolia Somalia
Position in the ranking of countries
Population 3,481,145 18,358,615
Percentage of the other

Population growth (annual %)

Density

Gender

Demography