Compare the economies of the countries

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Economy power of North Korea & Somalia

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North Korea vs Somalia

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North Korea Somalia
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The official name of North Korea is Democratic People's Republic of Korea. It is a nation located in East Asia that inhabits the northern part of the Korean Peninsula. The country is neighboured by three countries, namely China, Russia, and South Korea. The largest city and at the same time the capital of the nation is Pyongyang. Interestingly, in spite of being very small in both size and population, DPRK is one of the most militarized nations in the world. We should bear in mind that in spite of claims of being a one-party republic, the nation is governed under a totalitarian dictatorship with the head of Kim Jong-un. More about North Korea 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)

North Korea Somalia
Position in the ranking of countries - 140 (2023)
GDP [US$] - 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

North Korea Somalia
Position in the ranking of countries - 138 (2023)
GNI [US$] - 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)

North Korea Somalia
Position in the ranking of countries - 118 (2023)
External balance [US$] - -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)

North Korea Somalia
Position in the ranking of countries - 118 (2023)
Unemployment [%] 2.86 18.86
Percentage of the other 15.2 % 659.4 %

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)

North Korea Somalia
Position in the ranking of countries 53 (2023) 65 (2023)
Population 26,418,204 18,358,615
Percentage of the other 143.9 % 69.5 %

Population growth (annual %)

Density

Gender

Demography