Annual growth of imports of goods and services in Somalia
Somalia: Annual growth of imports of goods and services was 28.5% in 2024. ◆ Volatile
Annual growth of imports of goods and services in Somalia, 2014–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Somalia recorded 28.5% for annual growth of imports of goods and services in 2024. That is the highest value across all 11 years on record.
That represents a change of up 51.4% on the previous year and up 228.5% over ten years.
Over the whole period, annual growth of imports of goods and services in Somalia peaked at 28.5% in 2024 and was at its lowest, -0.6%, in 2019.
Somalia ranks 5th of 186 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of imports of goods and services in Somalia, year by year
| Year | Value | Change |
|---|---|---|
| 2014 | 8.7% | — |
| 2015 | 5.4% | -37.4% |
| 2016 | 6.2% | +14.3% |
| 2017 | 11.2% | +79.7% |
| 2018 | 8.3% | -25.9% |
| 2019 | -0.6% | -107.0% |
| 2020 | 4.9% | -941.2% |
| 2021 | 5.8% | +18.5% |
| 2022 | 18.8% | +224.9% |
| 2023 | 18.8% | +0.3% |
| 2024 | 28.5% | +51.4% |
Somalia compared with similar countries
- Somalia's 28.5% is above the median for low income countries, which is 9.0%, 3.2× the median. (20 countries reporting)
- Somalia's 28.5% is above the median for Sub-Saharan Africa, which is 5.0%, 5.7× the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.5% | -0.6% | 11.2% | 6 |
| 2020s | 15.4% | 4.9% | 28.5% | 5 |
Countries ranked near Somalia
More economy & growth data for Somalia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.52 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 765.00 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 13.08 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0639 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 40.24 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -0.3355 % change on previous year (1989)
- Total reserves (includes gold, current US$), per unit of GDP 0.0196 includes gold, current US$ per US$ of GDP (1989)
- Total reserves (includes gold, current US$), per capita 3.25 includes gold, current US$ per person (1989)
- Total reserves minus gold (current US$), annual growth rate 0.6536 % change on previous year (1989)
Frequently asked questions
- What is annual growth of imports of goods and services in Somalia?
- Annual growth of imports of goods and services in Somalia was 28.5% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of imports of goods and services recorded in Somalia?
- The highest recorded value was 28.5% in 2024.
- What is the lowest annual growth of imports of goods and services recorded in Somalia?
- The lowest recorded value was -0.6% in 2019.
- How does Somalia rank for annual growth of imports of goods and services?
- Somalia ranks 5th out of 186 countries with data for 2024.
- Is annual growth of imports of goods and services rising or falling in Somalia?
- Over the last ten years it is up 228.5%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of imports of goods and services (%). Statizoid updates them automatically from the source API.
Download this data
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