Foreign direct investment, net inflows in Somalia
Somalia: Foreign direct investment, net inflows was 6.4% in 2024. ◆ Volatile
Foreign direct investment, net inflows in Somalia, 1970–2024
Source: International Financial Statistics and Balance of Payments databases, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, foreign direct investment, net inflows in Somalia stood at 6.4%. That is the highest value across all 55 years on record.
The figure is up 3.5% on the previous year and up 40.3% over ten years.
Over the whole period, foreign direct investment, net inflows in Somalia peaked at 6.4% in 2024 and was at its lowest, -4.1%, in 1988.
Somalia ranks 34th of 200 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign direct investment, net inflows in Somalia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1970 | 1.3% | — |
| 1971 | 0.5% | -62.1% |
| 1972 | 1.0% | +105.1% |
| 1973 | 0.1% | -87.7% |
| 1974 | 0.1% | -1.4% |
| 1975 | 1.6% | +1173.8% |
| 1976 | 0.3% | -83.8% |
| 1977 | 1.6% | +518.1% |
| 1978 | 0.1% | -96.6% |
| 1979 | 0.0% | -96.8% |
| 1980 | -0.0% | -393.6% |
| 1981 | 0.0% | -415.9% |
| 1982 | -0.1% | -723.8% |
| 1983 | -1.1% | +1040.6% |
| 1984 | -1.9% | +69.5% |
| 1985 | -0.1% | -95.7% |
| 1986 | 0.3% | -511.8% |
| 1987 | 6.3% | +1791.4% |
| 1988 | -4.1% | -165.3% |
| 1989 | -3.5% | -15.6% |
| 1990 | 0.5% | -115.6% |
| 1991 | -0.0% | -103.9% |
| 1992 | -0.0% | -59.5% |
| 1993 | 0.2% | -1976.2% |
| 1994 | 0.1% | -57.5% |
| 1995 | 0.1% | -3.5% |
| 1996 | 0.1% | +11.3% |
| 1997 | 0.1% | -30.8% |
| 1998 | 0.0% | -97.3% |
| 1999 | -0.0% | -2069.3% |
| 2000 | 0.0% | -129.7% |
| 2001 | 0.0% | -77.6% |
| 2002 | 0.0% | +259.6% |
| 2003 | -0.0% | -569.3% |
| 2004 | -0.1% | +314.2% |
| 2005 | 0.5% | -512.9% |
| 2006 | 1.9% | +272.7% |
| 2007 | 2.6% | +35.9% |
| 2008 | 1.5% | -43.3% |
| 2009 | 3.7% | +149.0% |
| 2010 | 4.2% | +13.8% |
| 2011 | 3.5% | -15.8% |
| 2012 | 2.5% | -29.9% |
| 2013 | 5.1% | +107.2% |
| 2014 | 4.6% | -10.6% |
| 2015 | 4.9% | +8.1% |
| 2016 | 5.0% | +1.3% |
| 2017 | 4.8% | -3.0% |
| 2018 | 5.2% | +7.0% |
| 2019 | 5.2% | -0.4% |
| 2020 | 6.2% | +19.9% |
| 2021 | 6.3% | +2.4% |
| 2022 | 6.2% | -1.6% |
| 2023 | 6.2% | -1.0% |
| 2024 | 6.4% | +3.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.6% | 0.0% | 1.6% | 10 |
| 1980s | -0.4% | -4.1% | 6.3% | 10 |
| 1990s | 0.1% | -0.0% | 0.5% | 10 |
| 2000s | 1.0% | -0.1% | 3.7% | 10 |
| 2010s | 4.5% | 2.5% | 5.2% | 10 |
| 2020s | 6.3% | 6.2% | 6.4% | 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)
- Final consumption expenditure (constant 2015 US$), per capita 671.07 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 9.67 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.7 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 1,121 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 17.41 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 51,045 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 33.75 million current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 4.43 % change on previous year (2025)
Frequently asked questions
- What is foreign direct investment, net inflows in Somalia?
- Foreign direct investment, net inflows in Somalia was 6.4% in 2024, according to International Financial Statistics and Balance of Payments databases, International Monetary Fund (IMF).
- What is the highest foreign direct investment, net inflows recorded in Somalia?
- The highest recorded value was 6.4% in 2024.
- What is the lowest foreign direct investment, net inflows recorded in Somalia?
- The lowest recorded value was -4.1% in 1988.
- How does Somalia rank for foreign direct investment, net inflows?
- Somalia ranks 34th out of 200 countries with data for 2024.
- Is foreign direct investment, net inflows rising or falling in Somalia?
- Over the last ten years it is up 40.3%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from International Financial Statistics and Balance of Payments databases, International Monetary Fund (IMF), published as part of Foreign direct investment, net inflows (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Foreign direct investment is the net inflows of investment to acquire a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. It is the sum of equity capital, reinvestment of earnings, other long-term capital, and short-term capital as shown in the balance of payments. This series shows net inflows (new investment inflows less disinvestment) in the reporting economy from foreign investors, and is divided by GDP.