Paraguay vs Somalia: GDP
GDP over time
- Paraguay
- Somalia
How they compare
Somalia currently reports 305.81 trillion constant LCU against 252.51 trillion constant LCU in Paraguay, a difference of 53.30 trillion constant LCU.
That makes Somalia's figure about 1.2 times Paraguay's.
The two have swapped places 2 times across 66 shared years of data; in 1960 it was Somalia ahead.
Globally, Paraguay ranks 9th and Somalia ranks 8th of 214 countries.
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.