Somalia GDP - Gross Domestic Product 2024

GDP Somalia 2024

GDP improves in Somalia

Gross Domestic Product of Somalia grew 4.1% in 2024 compared to last year. This rate is 1 -tenth of one percent less than the figure of 4.2% published in 2023.

The GDP figure in 2024 was €11,056$11,967 million, Somalia is number 150 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Somalia rose €922$1,009 million with respect to 2023.

Here we show you the progression of the GDP in Somalia. You can see GDP in other countries in GDP and see all the economic information about Somalia in Somalia's economy.

Evolution: Annual GDP Somalia

Date	Annual GDP	Annual GDP	GDP Growth (%)
2024	€11,056M	$11,967M	4.1%
2023	€10,134M	$10,958M	4.2%
2022	€9,681M	$10,203M	2.7%
2021	€8,013M	$9,484M	3.5%
2020	€7,560M	$8,628M	-2.8%
2019	€7,730M	$8,655M	2.8%
2018	€6,664M	$7,873M	1.4%
2017	€7,307M	$8,252M	9.5%
2016	€6,679M	$7,391M	-1.3%
2015	€6,165M	$6,841M	4.6%
2014	€4,849M	$6,443M	2.7%
2013	€4,419M	$5,869M	5.7%
2012	€4,032M	$5,183M	1.2%
2011	€3,609M	$5,022M	6.7%
2010	€2,027M	$2,688M	6.7%
2009	€2,114M	$2,949M	6.7%
2008	€4,021M	$5,914M	6.7%
2007	€3,963M	$5,431M	6.7%
2006	€4,003M	$5,027M	6.5%
2005	€3,764M	$4,683M	7.1%
2004	€3,103M	$3,860M	7.1%
2003	€2,508M	$2,837M	7.6%
2002	€2,319M	$2,193M	7.6%
2001	€2,515M	$2,253M	7.1%
2000	€3,695M	$3,413M	7.1%
1999	€2,858M	$3,046M	7.3%
1998		$2,962M	6.6%
1997		$2,192M	1.2%
1996		$1,792M	8.0%
1995		$1,535M	4.0%
1994		$1,481M	-17.8%
1993		$1,260M	4.0%
1992		$709M	-8.5%
1991		$718M	3.0%
1990		$1,031M	2.3%
1989		$1,181M	3.8%
1988		$1,052M	3.4%
1987		$1,019M	10.1%
1986		$917M	-2.1%
1985		$876M	9.5%
1984		$787M	3.3%
1983		$735M	-11.6%
1982		$775M	2.8%
1981		$699M	6.3%
1980		$603M	1.8%
1979		$590M	-5.0%
1978		$565M	5.8%
1977		$499M	13.6%
1976		$871M	-1.8%
1975		$757M	14.7%
1974		$573M	0.8%
1973		$484M	-12.1%
1972		$448M	14.9%
1971		$347M	2.1%
1970		$348M	4.6%
1969		$306M	-1.7%
1968		$287M	2.0%
1967		$272M	5.9%
1966		$257M	9.1%
1965		$244M	-5.9%
1964		$230M	-6.1%
1963		$216M	2.8%
1962		$204M	7.1%
1961		$192M	-3.3%
1960		$180M

Evolution: GDP per capita Somalia

Date	GDP per capita	GDP per capita	GDP P.C. Annual Growth	GDP P.C. Annual Growth
2024	€602	$652	9.1%	9.2%
2023	€552	$597	-11.0%	-8.7%
2022	€620	$653	17.5%	4.7%
2021	€528	$624	3.1%	6.9%
2020	€512	$584	-4.9%	-3.0%
2019	€538	$602	12.9%	6.9%
2018	€477	$563	-11.3%	-7.2%
2017	€537	$607	6.4%	8.6%
2016	€505	$559	5.4%	5.1%
2015	€479	$532	23.7%	3.3%
2014	€387	$515	6.7%	6.8%
2013	€363	$482	6.6%	10.2%
2012	€340	$438	16.5%	7.6%
2011	€292	$407	76.7%	85.5%
2010	€165	$219	-6.4%	-11.1%
2009	€177	$247	-48.7%	-51.4%
2008	€345	$507	-1.5%	5.7%
2007	€350	$480	-4.1%	4.7%
2006	€365	$458	3.1%	4.1%
2005	€354	$440	17.2%	17.2%
2004	€302	$375	19.3%	31.1%
2003	€253	$286	4.2%	24.7%
2002	€243	$230	-11.2%	-6.3%
2001	€273	$245	-34.6%	-36.6%
2000	€418	$386	24.2%	7.7%
1999	€337	$359		-1.3%
1998		$363		29.7%
1997		$280		18.1%
1996		$237		12.6%
1995		$211		-0.1%
1994		$211		11.8%
1993		$189		72.7%
1992		$109		3.6%
1991		$105		-27.6%
1990		$146		-12.3%
1989		$166		14.2%
1988		$145		3.1%
1987		$141		7.3%
1986		$131		0.4%
1985		$131		6.8%
1984		$122		3.2%
1983		$119		-8.0%
1982		$129		10.4%
1981		$117		15.2%
1980		$102		-6.2%
1979		$108		-7.7%
1978		$117		5.5%
1977		$111		-44.3%
1976		$200		12.2%
1975		$178		29.0%
1974		$138		15.3%
1973		$120		5.2%
1972		$114		25.7%
1971		$90		-2.8%
1970		$93		10.6%
1969		$84		4.1%
1968		$81		2.8%
1967		$79		2.9%
1966		$76		2.9%
1965		$74		3.4%
1964		$72		3.5%
1963		$69		3.5%
1962		$67		3.5%
1961		$65		3.5%
1960		$63

Evolution: GDP growth rate at constant prices Somalia

Evolution: GDP per capita Somalia

GDP Somalia