Compare the economies of the countries

Table of Contents

Economy power of Norway & Somalia

Norway Flag svg Somalia Flag svg

Norway vs Somalia

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Norway Somalia
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The Kingdom of Norway is a nation located in Northern Europe and it is one of the Nordic countries. Most of its territory is located on the western and northernmost portion of the Scandinavian Peninsula. However, they also own the archipelago of Svalbard and the Arctic island of Jan Mayen as well as several other minor isles. There are four different bordering nations, namely Sweden, Denmark, Finland and Russia. The Norwegian land covers approximately 385,000 square kilometers  More about Norway 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)

Norway Somalia
Position in the ranking of countries
GDP [US$] 485,310,823,603 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

Norway Somalia
Position in the ranking of countries
GNI [US$] 507,846,254,957 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)

Norway Somalia
Position in the ranking of countries
External balance [US$] 71,491,259,072 -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)

Norway Somalia
Position in the ranking of countries
Unemployment [%] 3.97 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)

Norway Somalia
Position in the ranking of countries
Population 5,519,594 18,358,615
Percentage of the other

Population growth (annual %)

Density

Gender

Demography