Image illustrating the map of Somalia
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Somalia vs Myanmar (Standard of Living)

Published: Monday, 21th October 2024

Recently Updated: Tuesday, 14th January 2025

The Standard of living in Somalia is 1.82 times lesser as compared to Myanmar.

In this page, you will find side-by-side Standard of Living comparison between Somalia and Myanmar. We have created 53 standard-of-living indicators. We average the values and ranges of all those indicators and take a mathematically calculated approach to determine which country has a better standard of living between Somalia and Myanmar.

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Economic Factors Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of somalia
Somalia
Image illustrating the flag of somalia
Pictorial representation of map of myanmar
Myanmar
Image illustrating the flag of myanmar
Gross Domestic Product (GDP)(2023)
Image representing the total Gross Domestic Product of any specific country
$12.8 billion USD$68.006 billion USD
GDP Per Capita
(2023)
Image representing the total Gross Domestic Product Per Capita of any specific country
775 USD1,250 USD
GINI Ratio
(2023)
Image representing the total GINI Ratio or GINI Coefficient of any specific country
0.410.31
Inflation on Consumer Prices
(2023)
Image representing the Percentage of Inflation on consumer prices of any specific country
Yet to Update8.83 % annually
Central Government Debt
(2023)
Image representing the Central Government Debt of any specific country
Yet to UpdateYet to Update
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Gross Domestic Product (GDP) is a measure of the total value of all goods and services produced within a country in a specific time period, usually a year. It is used to gauge the economic performance of a country and indicates how wealthy and productive a nation is. In simple terms, GDP tells us how much a country is producing and how well its economy is doing.


As per the statistics from the World Bank Data for the year 2023, the total GDP of Somalia is $12.8 billion USD and that of Myanmar is $68.006 billion USD.


On the other hand, Gross Domestic Product (GDP) Per Capita is the average economic output per person in a country. Simply put, it shows how much, on average, each person contributes to the economy, giving an idea of the standard of living and economic well-being of the people in that country.


From the above data, we can say that a person living and working in Somalia contributes less to the country's economy compared to a person working in Myanmar.

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Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of somalia
Somalia
Image illustrating the flag of somalia
Pictorial representation of map of myanmar
Myanmar
Image illustrating the flag of myanmar
Human Development Index (HDI) (2024)
Image representing the Human Development Index of any specific country
0.3800.608
Human Capital Index (HCI) (2024)
Image representing the Human Capital Index of any specific country
Yet to Update0.48
Literacy Rate
(2023)
Image representing the Literacy Rate of any specific country
41.03% (15 years+ above age)89.07% (15 years+ above age)
Life Expectancy Ratio
(2023)
Image representation of Life Expectancy Ratio any given country
54 years67.8 years
Healthy Life Expectancy Ratio
(2023)
Image representation of Healthy Life Expectancy Ratio any given country
47.4 years59.8 years
Poverty Ratio
(2023)
Image representing the Poverty Rate of any specific country
54.4% of total Population24.8% of total Population
Unemployment Rate
(2023)
Image representing the Unemployment Rate of any specific country
19.03% of total labor force2.84% of total labor force

The Human Development Index (HDI) is a measure used to assess the overall well-being and quality of life of people living in a country. The key dimensions that give a country good HDI rank are a long and healthy life, being knowledgeable and having a decent standard of living.


From the above given statistics, we can see that the HDI of Somalia is [ 0.380 ] and the HDI of Myanmar is [ 0.608 ].

The data shows that the people living in Somalia has lower income, life expectancy and education level compared to Myanmar.

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Government National Expenditure Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of somalia
Somalia
Image illustrating the flag of somalia
Pictorial representation of map of myanmar
Myanmar
Image illustrating the flag of myanmar
Gross National Expenditure
(2023)
Image representing the total Gross National Expenditure of any specific country
113.78 % of GDPYet to Update
Total Health Expenditure
(2023)
Image representation of total Health Expenditure of any given country
Yet to Update5.63 % of GDP
Research and Development Expenditure (2023)
Image representing the Government Expenditure of any specific country
Yet to Update0.04 % of GDP
Government Expenditure on Education (2023)
Image representing the Government Expenditure of any specific country
0.27 % of GDP2.14 % of GDP
International Tourism Expenditure (2023)
Image representing the International Tourism Expenditure of any specific country
Yet to Update214 million USD
Number of International Tourists Arrivals (2023)
Image representing the Number of International Tourists Arrival in any specific country
Yet to Update903,000
Military Expenditure
(2023)
Image representing the Military Expenditure of any specific country
1.53 % of GDP3.05 (% of GDP)
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Health System Facilities Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of somalia
Somalia
Image illustrating the flag of somalia
Pictorial representation of map of myanmar
Myanmar
Image illustrating the flag of myanmar
Number of Doctors
(2023)
Visual representation of number of Doctors in any specific country
0.23
(Per 10,000 People)
7.51
(Per 10,000 People)
Number of Nurses
(2023)
Visual representation of number of Nurses in any specific country
1.13
(Per 10,000 People)
11.03
(Per 10,000 People)
Number of Pharmacists
(2023)
Visual representation of number of Pharmacists in any specific country
Yet to Update 0.79
(Per 10,000 People)
Available Hospital Beds
(2023)
Visual representation of Available Hospital Beds in any specific country
0.87
(Per 1000 People)
1.04
(Per 1000 People)
Pregnant Women Receiving Prenatal Care (2023)
Visual representation of Pregnant Women Receiving Prenatal Care in any specific country
31.1 % of total Population80.7 % of total Population

Somalia has 32.65 times less Doctors compared to Myanmar (Per 10,000 People).

Somalia has 9.76 times less Nurses compared to Myanmar (Per 10,000 People).

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Environmental Factors Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of somalia
Somalia
Image illustrating the flag of somalia
Pictorial representation of map of myanmar
Myanmar
Image illustrating the flag of myanmar
Agricultural Land
(2023)
Image Depicting the total Agricultural Land available in any specific country
441,290 Sq Km129,800 Sq Km
Forest Area
(2023)
Image Depicting the total Forest Area available in any specific country
59,032.5 Sq Km282,541.8 Sq Km
CO2 Emissions
(2023)
Image Depicting the total CO2 Emissions from any specific country
0.03 kg per PPP $ of GDP0.11 kg per PPP $ of GDP
Access to Electricity
(2023)
Image Depicting the access of electricity in any specific country
48.9 % of total Population73.7 % of total Population
Access to Internet
(2023)
Image Depicting the access of internet in any specific country
2 % of total Population44.02 % of total Population
Annual Fresh Water Withdrawals (2023)
Image Depicting the annual freshwater withdrawals from any specific country
3.3 Billion cubic meters33.23 Billion cubic meters

48.9% of the total Population of Somalia has access to the electricity in their homes, whereas, in case of Myanmar, 73.7% of the total Population has access to electricity.

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Business Registration Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of somalia
Somalia
Image illustrating the flag of somalia
Pictorial representation of map of myanmar
Myanmar
Image illustrating the flag of myanmar
Time Required to Start a Business (2023)
Image representing Time Required to Start a Business
70 Days7 Days
New Businesses Registered (2023)
Image representing New Businesses Registered
2,700 (New Businesses)14,051 (New Businesses)
New Businesses Registration Density (2023)
Image representing New Businesses Registration Density
0.31 (Per 1000 People)0.39 (Per 1000 People)
Cost of Business Start-Up Procedures (2023)
Image representing Cost of Business Start-Up Procedures
198.2 % of GNI Per Capita13.3 % of GNI Per Capita

In the year 2023, 2,700 new businesses got registered in Somalia and 14,051 new businesses got registered in Myanmar.

It usually takes 70 days in Somalia and 7 days in Myanmar to register a new business legally and systematically.

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Import & Export Factors Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of somalia
Somalia
Image illustrating the flag of somalia
Pictorial representation of map of myanmar
Myanmar
Image illustrating the flag of myanmar
Imports of Goods and Services (2023)
Image representing Imports of Goods and Services
76.69 % of GDPYet to Update
Total Fuel Imports
(2023)
Image representing Total Fuel Imports
12.44 % of Merchandise Imports32.77 % of Merchandise Imports
Cost to Import Border Compliance (2023)
Image representing Cost to Import Border Compliance
952 USD 456.67 USD
Time to Import Border Compliance (2023)
Image representing Time to Import Border Compliance
85 Hours230 Hours
Cost to Import Documentary Compliance (2023)
Image representing Cost to Import documentary Compliance
300 USD 210 USD
Time to Import Documentary Compliance (2023)
Image representing Time to Import Documentary Compliance
76 Hours48 Hours
Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of somalia
Somalia
Image illustrating the flag of somalia
Pictorial representation of map of myanmar
Myanmar
Image illustrating the flag of myanmar
Exports of Goods and Services (2023)
Image representing Exports of Goods and Services
17.89 % of GDPYet to Update
Total Fuel Exports
(2023)
Image representing Total Fuel Exports
1.12 % of Merchandise Exports24.22 % of Merchandise Exports
Cost to Export Border Compliance (2023)
Image representing Cost to Export Border Compliance
495 USD431.67 USD
Time to Export Border Compliance (2023)
Image representing Time to Export Border Compliance
44 Hours141.67 Hours
Cost to Export Documentary Compliance (2023)
Image representing Cost to Export documentary Compliance
350 USD140 USD
Time to Export Documentary Compliance (2023)
Image representing Time to Export Documentary Compliance
72.5 Hours144 Hours
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Tax Factors Comparison

Image representing an indicator
Indicators
Image illustrating an indicator
Pictorial representation of map of somalia
Somalia
Image illustrating the flag of somalia
Pictorial representation of map of myanmar
Myanmar
Image illustrating the flag of myanmar
Gross National Savings
(2023)
Image representing the total Gross National Savings of any specific country
Yet to UpdateYet to Update
Tax Revenue
(2023)
Image representing the total tax revenue collection of any specific country
0.0001 % of GDP6.02 % of GDP
Taxes on Exports
(2023)
Image representing Taxes on Exports
0.37 % of Tax RevenueYet to Update
Taxes on Goods and Services
(2023)
Image representing Taxes on Goods and Services
6.38 % of Tax Revenue24.41 % of Tax Revenue
Taxes on International Trade
(2023)
Image representing Taxes on International Trade
17.98 % of Revenue2.79 % of Revenue
Time to Prepare and Pay Taxes (2023)
Image representing Time to Prepare and Pay Taxes
Yet to Update282 Hours
Customs and Other Import Duties (2023)
Image representing Customs and Other Import Duties
65.24 % of Tax Revenue6.84 % of Tax Revenue

The taxes charged by Somalia on international trade is 17.98% of the total revenue and the taxes charged by Myanmar on international trade is 2.79% of the total revenue.

The Taxes charged on International Trade by Somalia is 6.44 times more of its total revenue than of Myanmar.

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We hope you enjoyed the detailed guide on the standard of living comparsion between Somalia and Myanmar.

For more side-by-side comparsion between Countries, States and Cities, you can use the search box above or click the links below.

The Comparedoo.com family sincerely appreciates your time with us. We look forward to seeing you on our other pages.

Pictorial representation of the map of Somalia
Somalia
v/s
United States
Pictorial representation of the map of United States
Pictorial representation of the map of Somalia
Somalia
v/s
Belgium
Pictorial representation of the map of Belgium
Pictorial representation of the map of Somalia
Somalia
v/s
Comoros
Pictorial representation of the map of Comoros
Pictorial representation of the map of Somalia
Somalia
v/s
Saint Vincent and the Grenadines
Pictorial representation of the map of Saint Vincent and the Grenadines
Pictorial representation of the map of Somalia
Somalia
v/s
Jamaica
Pictorial representation of the map of Jamaica
Pictorial representation of the map of Somalia
Somalia
v/s
Lesotho
Pictorial representation of the map of Lesotho
Pictorial representation of the map of Somalia
Somalia
v/s
Austria
Pictorial representation of the map of Austria
Pictorial representation of the map of Somalia
Somalia
v/s
Singapore
Pictorial representation of the map of Singapore
Pictorial representation of the map of Somalia
Somalia
v/s
Ukraine
Pictorial representation of the map of Ukraine
Pictorial representation of the map of Somalia
Somalia
v/s
Gabon
Pictorial representation of the map of Gabon
Pictorial representation of the map of Somalia
Somalia
v/s
Antigua and Barbuda
Pictorial representation of the map of Antigua and Barbuda