Compare the economies of the countries

Table of Contents

Economy power of North Macedonia & Somalia

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North Macedonia vs Somalia

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North Macedonia Somalia
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The Republic of North Macedonia is also referred to as North Macedonia. Interestingly, it was renamed not that long ago, because in 2019, due to disputes over the name "Macedonia". Located in Southeast Europe, it is a landlocked country with Bulgaria, Greece, Albania, Serbia, Bulgaria, and Kosovo as neighbours. More about North Macedonia 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 Macedonia Somalia
Position in the ranking of countries
GDP [US$] 15,763,621,848 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 Macedonia Somalia
Position in the ranking of countries
GNI [US$] 14,961,106,563 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 Macedonia Somalia
Position in the ranking of countries
External balance [US$] -2,054,991,578 -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 Macedonia Somalia
Position in the ranking of countries
Unemployment [%] 13.42 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)

North Macedonia Somalia
Position in the ranking of countries
Population 1,827,816 18,358,615
Percentage of the other

Population growth (annual %)

Density

Gender

Demography