Laos vs Somalia: Gross National Income — Value Standard Local Currency, per unit of GDP

Laos
0.0159 million SLC per US$ of GDP
in 2023
Somalia
0.0242 million SLC per US$ of GDP
in 2023
Laos rank
4th
Somalia rank
2nd

Gross National Income — Value Standard Local Currency, per unit of GDP over time

  • Laos
  • Somalia
00.010.020.03197019962023

How they compare

Somalia currently reports 0.0242 million SLC per US$ of GDP against 0.0159 million SLC per US$ of GDP in Laos, a difference of 0.0083 million SLC per US$ of GDP.

That makes Somalia's figure about 1.5 times Laos's.

The two have swapped places 2 times across 40 shared years of data; in 1984 it was Somalia ahead.

Laos ranks 4th and Somalia ranks 2nd of 193 countries.

Across the 5 decades both report, Laos averaged higher in 1 and Somalia in 4.

Head to head by decade

Decade Laos Somalia Difference Ahead
1980s 0.0002 million SLC per US$ of GDP 0.0002 million SLC per US$ of GDP 0 million SLC per US$ of GDP Laos
1990s 0.0017 million SLC per US$ of GDP 0.0053 million SLC per US$ of GDP 0.0036 million SLC per US$ of GDP Somalia
2000s 0.0098 million SLC per US$ of GDP 0.0166 million SLC per US$ of GDP 0.0068 million SLC per US$ of GDP Somalia
2010s 0.0078 million SLC per US$ of GDP 0.0243 million SLC per US$ of GDP 0.0166 million SLC per US$ of GDP Somalia
2020s 0.0117 million SLC per US$ of GDP 0.0242 million SLC per US$ of GDP 0.0125 million SLC per US$ of GDP Somalia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gross national income — value standard local currency, per unit of gdp, Laos or Somalia?
Somalia, at 0.0242 million SLC per US$ of GDP against 0.0159 million SLC per US$ of GDP in Laos as of 2023.
What is the difference in gross national income — value standard local currency, per unit of gdp between Laos and Somalia?
0.0083 million SLC per US$ of GDP, with Somalia ahead.
How many years of comparable data are there for Laos and Somalia?
40 years are reported by both, from 1984 to 2023.
How do Laos and Somalia rank globally for gross national income — value standard local currency, per unit of gdp?
Laos ranks 4th and Somalia ranks 2nd of 193 countries.
Where does this data come from?
Statizoid (derived), published as Gross National Income — Value Standard Local Currency, per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Laos vs Somalia: Gross National Income — Value Standard Local Currency, per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/compare/gross-national-income-value-standard-local-currency-per-unit-of-gdp/lao-pdr/somalia-fed-rep/

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About this data

Indicator
Gross National Income — Value Standard Local Currency, per unit of GDP
Unit
million SLC per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
193 places, 9,251 data points, 1970–2023
Last refreshed

Gross National Income — Value Standard Local Currency divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.