GDP Growth Rate
Year -
3.1%
In 2023, Somalia experienced a significant an increase in its GDP growth rate, which rise to 3.1% from 2.44% in 2022. Additionally, the GDP per capita growth rate in Somalia increase to 0% in 2023, compared to -0.66% in 2022.
In 2023, Somalia experienced a increase in economic performance, with the GDP growth rate rising by 0.66%. Additionally, the GDP per capita growth rate increase by 0.66%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | -3.26% | -3.26% | -5.72% | -5.72% |
| 1962 | 7.08% | 10.34% | 4.34% | 10.06% |
| 1963 | 2.81% | -4.27% | 0.18% | -4.16% |
| 1964 | -6.11% | -8.92% | -8.51% | -8.69% |
| 1965 | -5.94% | 0.17% | -8.36% | 0.15% |
| 1966 | 9.1% | 15.04% | 6.3% | 14.66% |
| 1967 | 5.94% | -3.16% | 3.23% | -3.07% |
| 1968 | 2.03% | -3.91% | -0.59% | -3.82% |
| 1969 | -1.7% | -3.73% | -4.22% | -3.63% |
| 1970 | 4.58% | 6.28% | 1.89% | 6.11% |
| 1971 | 2.14% | -2.44% | -0.47% | -2.36% |
| 1972 | 14.88% | 12.74% | 11.95% | 12.42% |
| 1973 | -12.15% | -27.03% | -14.42% | -26.37% |
| 1974 | 0.75% | 12.90% | -1.77% | 12.65% |
| 1975 | 14.7% | 13.95% | 11.92% | 13.69% |
| 1976 | -1.85% | -16.55% | -4.24% | -16.16% |
| 1977 | 13.65% | 15.50% | 10.69% | 14.93% |
| 1978 | 5.8% | -7.85% | -1.47% | -12.16% |
| 1979 | -4.99% | -10.79% | -16.07% | -14.60% |
| 1980 | 1.79% | 6.78% | -6.56% | 9.51% |
| 1981 | 6.26% | 4.47% | 5.5% | 12.06% |
| 1982 | 2.77% | -3.49% | 2.48% | -3.02% |
| 1983 | -11.58% | -14.35% | -14.32% | -16.80% |
| 1984 | 3.27% | 14.85% | -0.41% | 13.91% |
| 1985 | 9.53% | 6.26% | 5.21% | 5.62% |
| 1986 | -2.15% | -11.68% | -6.08% | -11.29% |
| 1987 | 10.09% | 12.24% | 6.25% | 12.33% |
| 1988 | 3.42% | -6.67% | 3.38% | -2.87% |
| 1989 | 3.81% | 0.39% | 5.65% | 2.27% |
| 1990 | 2.33% | -1.48% | 2.86% | -2.79% |
| 1991 | 2.95% | 0.62% | 7.02% | 4.16% |
| 1992 | -8.49% | -11.44% | -4.15% | -11.17% |
| 1993 | 3.99% | 12.48% | 0.97% | 5.12% |
| 1994 | -17.85% | -21.84% | -21.85% | -22.82% |
| 1995 | 3.99% | 21.84% | 0.37% | 22.22% |
| 1996 | 8.05% | 4.06% | 4.26% | 3.89% |
| 1997 | 1.18% | -6.87% | -2.25% | -6.51% |
| 1998 | 6.59% | 5.41% | 2.32% | 4.57% |
| 1999 | 7.32% | 0.73% | 3.12% | 0.80% |
| 2000 | 7.11% | -0.21% | 2.97% | -0.15% |
| 2001 | 7.11% | 0.00% | 2.99% | 0.02% |
| 2002 | 7.63% | 0.52% | 3.74% | 0.75% |
| 2003 | 7.63% | 0.00% | 3.8% | 0.06% |
| 2004 | 7.11% | -0.52% | 3.31% | -0.49% |
| 2005 | 7.11% | 0.00% | 3.53% | 0.22% |
| 2006 | 6.49% | -0.62% | 3.35% | -0.18% |
| 2007 | 6.69% | 0.20% | 3.5% | 0.15% |
| 2008 | 6.69% | 0.00% | 3.65% | 0.15% |
| 2009 | 6.69% | 0.00% | 4.1% | 0.45% |
| 2010 | 6.69% | 0.00% | 4.06% | -0.04% |
| 2011 | 6.69% | 0.00% | 5.03% | 0.97% |
| 2012 | 6.69% | 0.00% | 4.78% | -0.25% |
| 2013 | -2.71% | -9.40% | -5.83% | -10.61% |
| 2014 | 7.53% | 10.24% | 3.84% | 9.67% |
| 2015 | 9.95% | 2.42% | 6.31% | 2.47% |
| 2016 | 6.42% | -3.53% | 2.48% | -3.83% |
| 2017 | 9.51% | 3.09% | 5.3% | 2.82% |
| 2018 | 2.99% | -6.52% | -0.67% | -5.97% |
| 2019 | 3.63% | 0.64% | -0.07% | 0.60% |
| 2020 | -2.56% | -6.19% | -5.84% | -5.77% |
| 2021 | 3.31% | 5.87% | 0.11% | 5.95% |
| 2022 | 2.44% | -0.87% | -0.66% | -0.77% |
| 2023 | 3.1% | 0.66% | 0% | 0.66% |