We use cookies to personalise content and ads. You can change your cookie settings at any time. More info
CompareEconomy.com Comparison of world economies

Compare the economies of the countries

Table of Contents

Economy power of Nigeria & Somalia

Nigeria Flag svg Somalia Flag svg

Nigeria vs Somalia

Show map
Nigeria Somalia
World map with selected countries highlighted.
World Rank 24 5.34 World Rank 81 2.33
The Federal Republic of Nigeria is one of the largest and most prosperous nations in Africa. It is located in West Africa and shares borders with Niger, Chad, Cameroon, and Benin. Being a federal republic, it is divided into 36 states. However, there is also the Federal Capital Territory, which is the capital of the nation Abuja. Interestingly, the largest city in the country and in the entire African continent is Lagos. More about Nigeria 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)

small flag small flag

(United States of America (USA))

Nigeria Somalia
Position in the ranking of countries
GDP [US$] 440,833,583,992 7,628,000,011
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

small flag small flag

(United States of America (USA))

Nigeria Somalia
Position in the ranking of countries
GNI [US$] 423,882,311,505 7,585,987,105
Percentage of the other

Gross national income per capita

Inflation consumer prices (annual %)

International trade (Export, Import)

External balance on goods and services

small flag small flag

(China)

Nigeria Somalia
Position in the ranking of countries
External balance [US$] -4,847,531,323 -5,012,000,007
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)

small flag small flag

(South Africa)

Nigeria Somalia
Position in the ranking of countries
Unemployment [%] 5.94 19.93
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

small flag small flag

(China)

Nigeria Somalia
Position in the ranking of countries
Population 213,401,323 17,065,581
Percentage of the other

Population growth (annual %)

Density

Gender

Demography