In 2022, Somalia witnessed an increase in its Nominal GDP, rising to 8.13 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 24.00 international billion dollars as per the World Bank's estimates. Relatedly, in the preceding year of 2021, Somalia has Nominal GDP stood at 7.63 billion dollars, while the GDP based on PPP was 21.41 international billion dollars.
The net change in Somalia's GDP (Nominal) in 2022 increased by 0.5 billion dollars(6.15%), and GDP (PPP) increased by 2.59 international billion dollars(10.79%).
Source: worldbank Nominal PPPNominal | PPP | |||||
---|---|---|---|---|---|---|
Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
1960 | 0.18 | - | - | - | - | - |
1961 | 0.19 | 0.01 | 5.26 % | - | - | - |
1962 | 0.20 | 0.01 | 5.00 % | - | - | - |
1963 | 0.22 | 0.02 | 9.09 % | - | - | - |
1964 | 0.23 | 0.01 | 4.35 % | - | - | - |
1965 | 0.24 | 0.01 | 4.17 % | - | - | - |
1966 | 0.26 | 0.02 | 7.69 % | - | - | - |
1967 | 0.27 | 0.01 | 3.70 % | - | - | - |
1968 | 0.29 | 0.02 | 6.90 % | - | - | - |
1969 | 0.31 | 0.02 | 6.45 % | - | - | - |
1970 | 0.32 | 0.01 | 3.13 % | - | - | - |
1971 | 0.33 | 0.01 | 3.03 % | - | - | - |
1972 | 0.42 | 0.09 | 21.43 % | - | - | - |
1973 | 0.51 | 0.09 | 17.65 % | - | - | - |
1974 | 0.47 | -0.04 | -8.51 % | - | - | - |
1975 | 0.71 | 0.24 | 33.80 % | - | - | - |
1976 | 0.81 | 0.10 | 12.35 % | - | - | - |
1977 | 0.50 | -0.31 | -62.00 % | - | - | - |
1978 | 0.56 | 0.06 | 10.71 % | - | - | - |
1979 | 0.59 | 0.03 | 5.08 % | - | - | - |
1980 | 0.60 | 0.01 | 1.67 % | - | - | - |
1981 | 0.70 | 0.10 | 14.29 % | - | - | - |
1982 | 0.77 | 0.07 | 9.09 % | - | - | - |
1983 | 0.73 | -0.04 | -5.48 % | - | - | - |
1984 | 0.79 | 0.06 | 7.59 % | - | - | - |
1985 | 0.88 | 0.09 | 10.23 % | - | - | - |
1986 | 0.93 | 0.05 | 5.38 % | - | - | - |
1987 | 1.01 | 0.08 | 7.92 % | - | - | - |
1988 | 1.04 | 0.03 | 2.88 % | - | - | - |
1989 | 1.09 | 0.05 | 4.59 % | - | - | - |
1990 | 0.92 | -0.17 | -18.48 % | - | - | - |
1991 | - | - | - | - | - | - |
1992 | - | - | - | - | - | - |
1993 | - | - | - | - | - | - |
1994 | - | - | - | - | - | - |
1995 | - | - | - | - | - | - |
1996 | - | - | - | - | - | - |
1997 | - | - | - | - | - | - |
1998 | - | - | - | - | - | - |
1999 | - | - | - | - | - | - |
2000 | - | - | - | - | - | - |
2001 | - | - | - | - | - | - |
2002 | - | - | - | - | - | - |
2003 | - | - | - | - | - | - |
2004 | - | - | - | - | - | - |
2005 | - | - | - | - | - | - |
2006 | - | - | - | - | - | - |
2007 | - | - | - | - | - | - |
2008 | - | - | - | - | - | - |
2009 | - | - | - | - | - | - |
2010 | - | - | - | - | - | - |
2011 | - | - | - | - | - | - |
2012 | - | - | - | - | - | - |
2013 | 4.58 | - | - | 10.60 | - | - |
2014 | 5.02 | 0.44 | 8.76 % | 12.51 | 1.91 | 15.27 % |
2015 | 5.34 | 0.32 | 5.99 % | 14.95 | 2.44 | 16.32 % |
2016 | 5.53 | 0.19 | 3.44 % | 16.12 | 1.17 | 7.26 % |
2017 | 5.61 | 0.08 | 1.43 % | 15.74 | -0.38 | -2.41 % |
2018 | 5.86 | 0.25 | 4.27 % | 17.34 | 1.60 | 9.23 % |
2019 | 6.49 | 0.63 | 9.71 % | 18.96 | 1.62 | 8.54 % |
2020 | 6.88 | 0.39 | 5.67 % | 19.69 | 0.73 | 3.71 % |
2021 | 7.63 | 0.75 | 9.83 % | 21.41 | 1.72 | 8.03 % |
2022 | 8.13 | 0.50 | 6.15 % | 24.00 | 2.59 | 10.79 % |