GDP in Somalia
Somalia: GDP was 305.81 trillion constant LCU in 2025. ◆ Volatile
GDP in Somalia, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for gdp in Somalia is 305.81 trillion constant LCU, measured in 2025. That is the highest value across all 66 years on record.
Compared with earlier readings it is up 3.0% on the previous year and up 48.7% over ten years.
Over the whole period, gdp in Somalia peaked at 305.81 trillion constant LCU in 2025 and was at its lowest, 28.83 trillion constant LCU, in 1965.
That places Somalia 8th out of 215 countries with data for 2025, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP in Somalia, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1960 | 30.66 trillion constant LCU | — |
| 1961 | 29.66 trillion constant LCU | -3.3% |
| 1962 | 31.75 trillion constant LCU | +7.1% |
| 1963 | 32.65 trillion constant LCU | +2.8% |
| 1964 | 30.65 trillion constant LCU | -6.1% |
| 1965 | 28.83 trillion constant LCU | -5.9% |
| 1966 | 31.45 trillion constant LCU | +9.1% |
| 1967 | 33.32 trillion constant LCU | +5.9% |
| 1968 | 34.00 trillion constant LCU | +2.0% |
| 1969 | 33.42 trillion constant LCU | -1.7% |
| 1970 | 34.95 trillion constant LCU | +4.6% |
| 1971 | 35.70 trillion constant LCU | +2.1% |
| 1972 | 41.01 trillion constant LCU | +14.9% |
| 1973 | 36.03 trillion constant LCU | -12.1% |
| 1974 | 36.30 trillion constant LCU | +0.8% |
| 1975 | 41.63 trillion constant LCU | +14.7% |
| 1976 | 40.86 trillion constant LCU | -1.8% |
| 1977 | 46.44 trillion constant LCU | +13.6% |
| 1978 | 49.13 trillion constant LCU | +5.8% |
| 1979 | 46.68 trillion constant LCU | -5.0% |
| 1980 | 47.52 trillion constant LCU | +1.8% |
| 1981 | 50.50 trillion constant LCU | +6.3% |
| 1982 | 51.89 trillion constant LCU | +2.8% |
| 1983 | 45.89 trillion constant LCU | -11.6% |
| 1984 | 47.39 trillion constant LCU | +3.3% |
| 1985 | 51.90 trillion constant LCU | +9.5% |
| 1986 | 50.79 trillion constant LCU | -2.1% |
| 1987 | 55.91 trillion constant LCU | +10.1% |
| 1988 | 57.82 trillion constant LCU | +3.4% |
| 1989 | 60.02 trillion constant LCU | +3.8% |
| 1990 | 61.42 trillion constant LCU | +2.3% |
| 1991 | 63.23 trillion constant LCU | +3.0% |
| 1992 | 57.86 trillion constant LCU | -8.5% |
| 1993 | 60.17 trillion constant LCU | +4.0% |
| 1994 | 49.43 trillion constant LCU | -17.8% |
| 1995 | 51.41 trillion constant LCU | +4.0% |
| 1996 | 55.54 trillion constant LCU | +8.0% |
| 1997 | 56.20 trillion constant LCU | +1.2% |
| 1998 | 59.90 trillion constant LCU | +6.6% |
| 1999 | 64.28 trillion constant LCU | +7.3% |
| 2000 | 68.85 trillion constant LCU | +7.1% |
| 2001 | 73.75 trillion constant LCU | +7.1% |
| 2002 | 79.38 trillion constant LCU | +7.6% |
| 2003 | 85.43 trillion constant LCU | +7.6% |
| 2004 | 91.51 trillion constant LCU | +7.1% |
| 2005 | 98.01 trillion constant LCU | +7.1% |
| 2006 | 104.37 trillion constant LCU | +6.5% |
| 2007 | 111.36 trillion constant LCU | +6.7% |
| 2008 | 118.81 trillion constant LCU | +6.7% |
| 2009 | 126.77 trillion constant LCU | +6.7% |
| 2010 | 135.25 trillion constant LCU | +6.7% |
| 2011 | 144.31 trillion constant LCU | +6.7% |
| 2012 | 153.97 trillion constant LCU | +6.7% |
| 2013 | 170.84 trillion constant LCU | +11.0% |
| 2014 | 186.18 trillion constant LCU | +9.0% |
| 2015 | 205.66 trillion constant LCU | +10.5% |
| 2016 | 220.13 trillion constant LCU | +7.0% |
| 2017 | 252.56 trillion constant LCU | +14.7% |
| 2018 | 257.75 trillion constant LCU | +2.1% |
| 2019 | 264.97 trillion constant LCU | +2.8% |
| 2020 | 257.65 trillion constant LCU | -2.8% |
| 2021 | 266.53 trillion constant LCU | +3.4% |
| 2022 | 273.77 trillion constant LCU | +2.7% |
| 2023 | 285.20 trillion constant LCU | +4.2% |
| 2024 | 296.93 trillion constant LCU | +4.1% |
| 2025 | 305.81 trillion constant LCU | +3.0% |
Somalia compared with similar countries
- Somalia's 305.81 trillion constant LCU is above the median for low income countries, which is 1.80 trillion constant LCU, 170.1× the median. (24 countries reporting)
- Somalia's 305.81 trillion constant LCU is above the median for Sub-Saharan Africa, which is 3.68 trillion constant LCU, 83.0× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 31.64 trillion constant LCU | 28.83 trillion constant LCU | 34.00 trillion constant LCU | 10 |
| 1970s | 40.87 trillion constant LCU | 34.95 trillion constant LCU | 49.13 trillion constant LCU | 10 |
| 1980s | 51.96 trillion constant LCU | 45.89 trillion constant LCU | 60.02 trillion constant LCU | 10 |
| 1990s | 57.94 trillion constant LCU | 49.43 trillion constant LCU | 64.28 trillion constant LCU | 10 |
| 2000s | 95.82 trillion constant LCU | 68.85 trillion constant LCU | 126.77 trillion constant LCU | 10 |
| 2010s | 199.16 trillion constant LCU | 135.25 trillion constant LCU | 264.97 trillion constant LCU | 10 |
| 2020s | 280.98 trillion constant LCU | 257.65 trillion constant LCU | 305.81 trillion constant LCU | 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 gdp in Somalia?
- Gdp in Somalia was 305.81 trillion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gdp recorded in Somalia?
- The highest recorded value was 305.81 trillion constant LCU in 2025.
- What is the lowest gdp recorded in Somalia?
- The lowest recorded value was 28.83 trillion constant LCU in 1965.
- How does Somalia rank for gdp?
- Somalia ranks 8th out of 215 countries with data for 2025.
- Is gdp rising or falling in Somalia?
- Over the last ten years it is up 48.7%. The long-run trend across the full record is volatile.
- 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 GDP (constant LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Gross domestic product is the total income earned through the production of goods and services in an economic territory during an accounting period. It can be measured in three different ways: using either the expenditure approach, the income approach, or the production approach. 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 varies by country. This series is expressed in local currency units.