Gross Domestic Product of Somalia grew 4.2% in 2023 compared to last year. This rate is 15 -tenths of one percent higher than the figure of 2.7% published in 2022.
The GDP figure in 2023 was €10,144$10,969 million, Somalia is number 151 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Somalia rose €463$766 million with respect to 2022.
The GDP per capita of Somalia in 2023 was €553$597, €9$24 higher than in 2022, it was €544$573. To view the evolution of the GDP per capita, it is interesting to look back a few years and compare these data with those of 2013 when the GDP per capita in Somalia was €363$482.
If we order the countries according to their GDP per capita, Somalia is in 189 th position. According to this parameter, its population is among the poorest of the 196 countries whose GDP we publish.
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.