Somalia GDP Growth

GDP Growth Rate

Year -

4.111%

Somalia Annual GDP Growth Table

Source: WorldbankGrowth | Growth Capita

In 2024, Somalia experienced a significant a decrease in its GDP growth rate, which fall to 4.111% from 4.175% in 2023. Additionally, the GDP per capita growth rate in Somalia decrease to 0.548% in 2024, compared to 1.016% in 2023.

Somalia Annual GDP Growth 2024
Year GDP Growth Net Chg GDP Capita Growth Net Chg
1961-3.262%-3.26%-5.743%-5.74%
19627.077%10.34%4.319%10.06%
19632.809%-4.27%0.156%-4.16%
1964-6.111%-8.92%-8.535%-8.69%
1965-5.944%0.17%-8.385%0.15%
19669.099%15.04%6.271%14.66%
19675.941%-3.16%3.198%-3.07%
19682.03%-3.91%-0.618%-3.82%
1969-1.7%-3.73%-4.249%-3.63%
19704.581%6.28%1.856%6.11%
19712.138%-2.44%-0.503%-2.36%
197214.881%12.74%11.914%12.42%
1973-12.149%-27.03%-14.455%-26.37%
19740.752%12.90%-1.826%12.63%
197514.695%13.94%11.848%13.67%
1976-1.848%-16.54%-4.282%-16.13%
197713.645%15.49%10.649%14.93%
19785.799%-7.85%-1.47%-12.12%
1979-4.987%-10.79%-16.046%-14.58%
19801.793%6.78%-6.559%9.49%
19816.264%4.47%5.435%11.99%
19822.767%-3.50%2.408%-3.03%
1983-11.576%-14.34%-14.352%-16.76%
19843.266%14.84%-0.428%13.92%
19859.53%6.26%5.195%5.62%
1986-2.146%-11.68%-6.095%-11.29%
198710.088%12.23%6.227%12.32%
19883.415%-6.67%3.314%-2.91%
19893.808%0.39%5.566%2.25%
19902.327%-1.48%2.789%-2.78%
19912.951%0.62%7.016%4.23%
1992-8.488%-11.44%-3.999%-11.02%
19933.991%12.48%1.091%5.09%
1994-17.847%-21.84%-21.885%-22.98%
19953.991%21.84%0.305%22.19%
19968.046%4.06%4.192%3.89%
19971.18%-6.87%-2.312%-6.50%
19986.586%5.41%2.262%4.57%
19997.318%0.73%3.064%0.80%
20007.11%-0.21%2.909%-0.16%
20017.11%0.00%2.921%0.01%
20027.63%0.52%3.668%0.75%
20037.63%0.00%3.73%0.06%
20047.11%-0.52%3.236%-0.49%
20057.11%0.00%3.455%0.22%
20066.486%-0.62%3.272%-0.18%
20076.694%0.21%3.424%0.15%
20086.694%0.00%3.579%0.16%
20096.694%0.00%4.035%0.46%
20106.694%0.00%4.079%0.04%
20116.694%0.00%5.942%1.86%
20126.694%0.00%5.733%-0.21%
201310.959%4.27%7.438%1.71%
20148.978%-1.98%5.139%-2.30%
201510.462%1.48%6.722%1.58%
20167.035%-3.43%2.993%-3.73%
201714.736%7.70%10.368%7.38%
20182.054%-12.68%-1.485%-11.85%
20192.8%0.75%-0.909%0.58%
2020-2.765%-5.57%-6.386%-5.48%
20213.447%6.21%-0.268%6.12%
20222.718%-0.73%-0.343%-0.08%
20234.175%1.46%1.016%1.36%
20244.111%-0.06%0.548%-0.47%