Somalia GDP 1960-2022

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Data from the World Bank and China Bureau of Statistics.

Unit ( Billions of US dollars )
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According to the latest statistics released by the World Bank in 2024, the gross domestic product(GDP) of the Somalia in 2021 was $7.29 billion, ranking 147th in the world and 39th among African countries. In 2020, the GDP of the Somalia was $6.97 billion, ranking 154th in the world and 39th in African countries. In 2019, the GDP of Somalia was $6.48 billion, ranking 158th in the world and 39th among African countries. In 2018, the GDP of Somalia was $5.85 billion, ranking 161st in the world and 39th among African countries. The GDP growth rates of Somalia in 2021, 2020, 2019 and 2018 were 4.71%, 7.53%, 10.7% and 4.31% respectively.

Year GDP Share of World GDP
2021 $7.29 billion 0.0076%
2020 $6.97 billion 0.0082%
2019 $6.48 billion 0.0074%
2018 $5.85 billion 0.0068%
2017 $5.61 billion 0.0069%
2016 $5.53 billion 0.0072%
2015 $5.33 billion 0.0071%
2014 $5.02 billion 0.0063%
2013 $4.57 billion 0.0059%
1990 $0.92 billion 0.004%
1989 $1.09 billion 0.0054%
1988 $1.04 billion 0.0054%
1987 $1.01 billion 0.0058%
1986 $0.93 billion 0.0061%
1985 $0.88 billion 0.0068%
1984 $0.79 billion 0.0064%
1983 $0.73 billion 0.0062%
1982 $0.77 billion 0.0067%
1981 $0.7 billion 0.006%
1980 $0.6 billion 0.0053%
1979 $0.59 billion 0.0059%
1978 $0.57 billion 0.0065%
1977 $0.5 billion 0.0068%
1976 $0.81 billion 0.0124%
1975 $0.71 billion 0.0119%
1974 $0.47 billion 0.0087%
1973 $0.51 billion 0.0109%
1972 $0.42 billion 0.0109%
1971 $0.33 billion 0.01%
1970 $0.32 billion 0.0108%
1969 $0.31 billion 0.0112%
1968 $0.29 billion 0.0116%
1967 $0.27 billion 0.0118%
1966 $0.26 billion 0.0119%
1965 $0.24 billion 0.0122%
1964 $0.23 billion 0.0126%
1963 $0.22 billion 0.0129%
1962 $0.2 billion 0.0132%
1961 $0.19 billion 0.0133%
1960 $0.18 billion 0.0129%