European Union (27) vs Somalia: Gross Domestic Product — Value US$, annual growth rate
European Union (27)
4.41 % change on previous year
in 2024
Somalia
14.01 % change on previous year
in 2024
European Union (27) rank
23rd
Somalia rank
26th
Gross Domestic Product — Value US$, annual growth rate over time
- European Union (27)
- Somalia
How they compare
Somalia currently reports 14.01 % change on previous year against 4.41 % change on previous year in European Union (27), a difference of 9.6 % change on previous year.
That makes Somalia's figure about 3.2 times European Union (27)'s.
The two have swapped places 25 times across 54 shared years of data; in 1971 it was European Union (27) ahead.
European Union (27) ranks 23rd and Somalia ranks 26th of 30 groups.
Across the 6 decades both report, European Union (27) averaged higher in 2 and Somalia in 4.
Head to head by decade
| Decade | European Union (27) | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 13.08 % change on previous year | 7.96 % change on previous year | 5.12 % change on previous year | European Union (27) |
| 1980s | 6.56 % change on previous year | 7.59 % change on previous year | 1.02 % change on previous year | Somalia |
| 1990s | 4.84 % change on previous year | 14.5 % change on previous year | 9.66 % change on previous year | Somalia |
| 2000s | 6.92 % change on previous year | 3.63 % change on previous year | 3.29 % change on previous year | European Union (27) |
| 2010s | 0.8567 % change on previous year | 12.08 % change on previous year | 11.22 % change on previous year | Somalia |
| 2020s | 4.37 % change on previous year | 7.74 % change on previous year | 3.37 % change on previous year | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic product — value us$, annual growth rate, European Union (27) or Somalia?
- Somalia, at 14.01 % change on previous year against 4.41 % change on previous year in European Union (27) as of 2024.
- What is the difference in gross domestic product — value us$, annual growth rate between European Union (27) and Somalia?
- 9.6 % change on previous year, with Somalia ahead.
- How many years of comparable data are there for European Union (27) and Somalia?
- 54 years are reported by both, from 1971 to 2024.
- How do European Union (27) and Somalia rank globally for gross domestic product — value us$, annual growth rate?
- European Union (27) ranks 23rd and Somalia ranks 26th of 30 groups.
- Where does this data come from?
- Statizoid (derived), published as Gross Domestic Product — Value US$, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.