Somalia GDP

Nominal GDP in billions of USD

Year -

$11.68 billions(12.09%)

In 2023, Somalia witnessed an increase in its Nominal GDP, rising to 11.68 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 29.23 international billion dollars.

Relatedly, in the preceding year of 2022, Somalia has Nominal GDP stood at 10.42 billion dollars, while the GDP based on PPP was 27.36 international billion dollars.

Somalia GDP

The net change in Somalia's GDP (Nominal) in 2023 increased by 1.26 billion dollars(12.090%), and GDP (PPP) increased by 1.87 international billion dollars(6.83%).


Somalia Annual GDP Table

Source: worldbank Nominal PPP

Somalia Annual GDP
NominalPPP
Year Bil $ Net Chg % Chg Int Bil $ Net Chg % Chg
19600.18-- ---
19610.190.015.56 % ---
19620.200.015.26 % ---
19630.220.0210 % ---
19640.230.014.55 % ---
19650.240.014.35 % ---
19660.260.028.33 % ---
19670.270.013.85 % ---
19680.290.027.41 % ---
19690.310.026.9 % ---
19700.350.0412.9 % ---
19710.3500 % ---
19720.450.128.57 % ---
19730.480.036.67 % ---
19740.570.0918.75 % ---
19750.760.1933.33 % ---
19760.870.1114.47 % ---
19770.50-0.37-42.53 % ---
19780.560.0612 % ---
19790.590.035.36 % ---
19800.600.011.69 % ---
19810.700.116.67 % ---
19820.770.0710 % ---
19830.74-0.03-3.9 % ---
19840.790.056.76 % ---
19850.880.0911.39 % ---
19860.920.044.55 % ---
19871.020.110.87 % ---
19881.050.032.94 % ---
19891.180.1312.38 % ---
19901.03-0.15-12.71 % 3.00--
19910.72-0.31-30.1 %3.200.26.67 %
19920.71-0.01-1.39 %2.99-0.21-6.56 %
19931.260.5577.46 %3.180.196.35 %
19941.480.2217.46 %2.67-0.51-16.04 %
19951.530.053.38 %2.840.176.37 %
19961.790.2616.99 %3.120.289.86 %
19972.190.422.35 %3.210.092.88 %
19982.960.7735.16 %3.460.257.79 %
19993.050.093.04 %3.770.318.96 %
20003.410.3611.8 %4.130.369.55 %
20012.25-1.16-34.02 %4.520.399.44 %
20022.19-0.06-2.67 %4.940.429.29 %
20032.840.6529.68 %5.420.489.72 %
20043.861.0235.92 %5.970.5510.15 %
20054.680.8221.24 %6.590.6210.39 %
20065.030.357.48 %7.230.649.71 %
20075.430.47.95 %7.930.79.68 %
20085.910.488.84 %8.620.698.7 %
20092.95-2.96-50.08 %9.260.647.42 %
20102.69-0.26-8.81 %9.990.737.88 %
20112.910.228.18 %10.880.898.91 %
20124.041.1338.83 %11.570.696.34 %
20135.841.844.55 %14.012.4421.09 %
20146.540.711.99 %17.173.1622.56 %
20156.980.446.73 %21.033.8622.48 %
20167.390.415.87 %23.552.5211.98 %
20178.250.8611.64 %25.792.249.51 %
20188.280.030.36 %25.21-0.58-2.25 %
20199.421.1413.77 %27.011.87.14 %
20209.20-0.22-2.34 %25.83-1.18-4.37 %
20219.840.646.96 %24.95-0.88-3.41 %
202210.420.585.89 %27.362.419.66 %
202311.681.2612.09 %29.231.876.83 %