Oceania vs Somalia: Gross Domestic Product — Value US$, annual growth rate
Oceania
3.27 % change on previous year
in 2024
Somalia
14.01 % change on previous year
in 2024
Oceania rank
28th
Somalia rank
26th
Gross Domestic Product — Value US$, annual growth rate over time
- Oceania
- Somalia
How they compare
Somalia currently reports 14.01 % change on previous year against 3.27 % change on previous year in Oceania, a difference of 10.74 % change on previous year.
That makes Somalia's figure about 4.3 times Oceania's.
The two have swapped places 25 times across 54 shared years of data; in 1971 it was Oceania ahead.
Oceania ranks 28th and Somalia ranks 26th of 30 groups.
Across the 6 decades both report, Oceania averaged higher in 3 and Somalia in 3.
Head to head by decade
| Decade | Oceania | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 14.79 % change on previous year | 7.96 % change on previous year | 6.83 % change on previous year | Oceania |
| 1980s | 8.23 % change on previous year | 7.59 % change on previous year | 0.6408 % change on previous year | Oceania |
| 1990s | 3.19 % change on previous year | 14.5 % change on previous year | 11.31 % change on previous year | Somalia |
| 2000s | 9.37 % change on previous year | 3.63 % change on previous year | 5.74 % change on previous year | Oceania |
| 2010s | 4.01 % change on previous year | 12.08 % change on previous year | 8.06 % change on previous year | Somalia |
| 2020s | 5.86 % change on previous year | 7.74 % change on previous year | 1.88 % 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$, annual growth rate, Oceania or Somalia?
- Somalia, at 14.01 % change on previous year against 3.27 % change on previous year in Oceania as of 2024.
- What is the difference in gross domestic product — value us$, annual growth rate between Oceania and Somalia?
- 10.74 % change on previous year, with Somalia ahead.
- How many years of comparable data are there for Oceania and Somalia?
- 54 years are reported by both, from 1971 to 2024.
- How do Oceania and Somalia rank globally for gross domestic product — value us$, annual growth rate?
- Oceania ranks 28th and Somalia ranks 26th of 30 groups.
- Where does this data come from?
- Statizoid (derived), published as Gross Domestic Product — Value US$, 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.