Gross Domestic Product of Somalia grew 3.7% in 2018 compared to last year. This rate is 15 -tenths of one percent higher than the figure of 2.2% published in 2017.
The GDP figure in 2018 was €4,956$5,856 million, Somalia is number 154 in the ranking of GDP of the 196 countries that we publish. The absolute value of GDP in Somalia dropped €11$247 million with respect to 2017.
The GDP per capita of Somalia in 2018 was €322$332, €12$5 less than in 2017, when it was €334$327. 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 2008 when the GDP per capita in Somalia was €154$227.
If we order the countries according to their GDP per capita, Somalia is in 195 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.