Cash surplus/deficit as a proportion of GDP in Somalia
Somalia: Cash surplus/deficit as a proportion of GDP was -0.0% in 2023. ▼ Falling
Latest (2023)
-0.0%
Change on year
down 9.5%
World rank
2nd
of 162 countries
All-time high
-0.0%
in 2017
All-time low
-0.0%
in 2023
Years of data
5
2017–2023
Cash surplus/deficit as a proportion of GDP in Somalia, 2017–2023
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2023, cash surplus/deficit as a proportion of gdp in Somalia stood at -0.0%. That is the lowest value across all 5 years on record.
Compared with earlier readings it is down 9.5% on the previous year and down 71.4% over ten years.
That places Somalia 2nd out of 162 countries with data for 2023, putting it in the top 10%.
Cash surplus/deficit as a proportion of GDP in Somalia, year by year
| Year | % | Change |
|---|---|---|
| 2017 | -0.0% | — |
| 2018 | -0.0% | +0.9% |
| 2019 | -0.0% | +1.0% |
| 2020 | -0.0% | +53.6% |
| 2023 | -0.0% | +9.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -0.0% | -0.0% | -0.0% | 3 |
| 2020s | -0.0% | -0.0% | -0.0% | 2 |
Countries ranked near Somalia
- 1 Iran (Islamic Republic of) 0.5%
- 3 Republic of Korea -1.0% compare
- 3 Korea -1.0% compare
- 5 Indonesia -1.6%
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)
- Total reserves minus gold (current US$), annual growth rate 0.6536 % change on previous year (1989)
- Total reserves minus gold (current US$), per unit of GDP 0.013 current US$ per US$ of GDP (1989)
- Total reserves minus gold (current US$), per capita 2.16 current US$ per person (1989)
- General government final consumption expenditure (current US$) 13.22 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.0811 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 53.63 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 21.22 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 2,442 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is cash surplus/deficit as a proportion of gdp in Somalia?
- Cash surplus/deficit as a proportion of gdp in Somalia was -0.0% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest cash surplus/deficit as a proportion of gdp recorded in Somalia?
- The highest recorded value was -0.0% in 2017.
- What is the lowest cash surplus/deficit as a proportion of gdp recorded in Somalia?
- The lowest recorded value was -0.0% in 2023.
- How does Somalia rank for cash surplus/deficit as a proportion of gdp?
- Somalia ranks 2nd out of 162 countries with data for 2023.
- Is cash surplus/deficit as a proportion of gdp rising or falling in Somalia?
- Over the last ten years it is down 71.4%. The long-run trend across the full record is falling.
- Where does this Somalia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Cash surplus/deficit as a proportion of GDP (%). Statizoid updates them automatically from the source API.
Download this data
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