Final consumption expenditure in Somalia
Somalia: Final consumption expenditure was 13.19 billion constant 2015 US$ in 2025. ▲ Rising
Final consumption expenditure in Somalia, 2013–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant 2015 US$.
Analysis
Somalia recorded 13.19 billion constant 2015 US$ for final consumption expenditure in 2025. That is the highest value across all 13 years on record.
That represents a change of up 3.6% on the previous year and up 65.4% over ten years.
Over the whole period, final consumption expenditure in Somalia peaked at 13.19 billion constant 2015 US$ in 2025 and was at its lowest, 6.74 billion constant 2015 US$, in 2013.
Somalia ranks 125th of 172 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 13 years of available data.
Final consumption expenditure in Somalia, year by year
| Year | constant 2015 US$ | Change |
|---|---|---|
| 2013 | 6.74 billion constant 2015 US$ | — |
| 2014 | 7.35 billion constant 2015 US$ | +9.1% |
| 2015 | 7.97 billion constant 2015 US$ | +8.5% |
| 2016 | 8.59 billion constant 2015 US$ | +7.7% |
| 2017 | 9.95 billion constant 2015 US$ | +15.9% |
| 2018 | 10.16 billion constant 2015 US$ | +2.1% |
| 2019 | 10.25 billion constant 2015 US$ | +0.9% |
| 2020 | 10.23 billion constant 2015 US$ | -0.2% |
| 2021 | 10.53 billion constant 2015 US$ | +2.9% |
| 2022 | 11.07 billion constant 2015 US$ | +5.1% |
| 2023 | 11.67 billion constant 2015 US$ | +5.4% |
| 2024 | 12.74 billion constant 2015 US$ | +9.2% |
| 2025 | 13.19 billion constant 2015 US$ | +3.6% |
Somalia compared with similar countries
- Somalia's 13.19 billion constant 2015 US$ is below the median for low income countries, which is 13.26 billion constant 2015 US$, 100% of the median. (20 countries reporting)
- Somalia's 13.19 billion constant 2015 US$ is below the median for Sub-Saharan Africa, which is 13.32 billion constant 2015 US$, 99% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 8.72 billion constant 2015 US$ | 6.74 billion constant 2015 US$ | 10.25 billion constant 2015 US$ | 7 |
| 2020s | 11.57 billion constant 2015 US$ | 10.23 billion constant 2015 US$ | 13.19 billion constant 2015 US$ | 6 |
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$), annual growth rate 0.6536 % change on previous year (1989)
Frequently asked questions
- What is final consumption expenditure in Somalia?
- Final consumption expenditure in Somalia was 13.19 billion constant 2015 US$ in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest final consumption expenditure recorded in Somalia?
- The highest recorded value was 13.19 billion constant 2015 US$ in 2025.
- What is the lowest final consumption expenditure recorded in Somalia?
- The lowest recorded value was 6.74 billion constant 2015 US$ in 2013.
- How does Somalia rank for final consumption expenditure?
- Somalia ranks 125th out of 172 countries with data for 2025.
- Is final consumption expenditure rising or falling in Somalia?
- Over the last ten years it is up 65.4%. The long-run trend across the full record is rising.
- Where does this Somalia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Final consumption expenditure (constant 2015 US$). Statizoid updates them automatically from the source API.
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About this data
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.