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CompareEconomy.com Comparison of world economies

Compare the economies of the countries

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Economy power of Somalia & Venezuela

Somalia Flag svg Venezuela Flag svg

Somalia vs Venezuela

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Somalia Venezuela
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World Rank 88 2.01 World Rank
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 The Bolivian Republic of Venezuela is a nation situated on the northern coast of South America. It consists of its mainland and several islands and islets that are located in the Caribbean Sea. With a land coverage of 916,000 square kilometers, it is one of the largest nations in size in Latin America. The capital city and its largest urban agglomeration is Caracas. More about Venezuela

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

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(United States of America (USA))

Somalia Venezuela
Position in the ranking of countries
GDP [US$] 10,968,517,090 482,359,318,767
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))

Somalia Venezuela
Position in the ranking of countries
GNI [US$] 10,922,457,080 476,933,862,544
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)

Somalia Venezuela
Position in the ranking of countries
External balance [US$] -5,837,317,460 -70,922,056,745
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)

Somalia Venezuela
Position in the ranking of countries
Unemployment [%] 18.86 5.48
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)

Somalia Venezuela
Position in the ranking of countries
Population 18,358,615 28,300,854
Percentage of the other

Population growth (annual %)

Density

Gender

Demography