Gdp penn world table in Somalia
Somalia: Gdp penn world table was 25.53 billion in 2023. ◆ Volatile
Latest (2023)
25.53 billion
Change on year
up 3.8%
World rank
146th
of 184 countries
All-time high
25.53 billion
in 2023
All-time low
2.44 billion
in 1970
Years of data
54
1970–2023
Gdp penn world table in Somalia, 1970–2023
Source: Our World in Data.
Analysis
In 2023, gdp penn world table in Somalia stood at 25.53 billion. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 3.8% on the previous year and up 109.9% over ten years.
Over the whole period, gdp penn world table in Somalia peaked at 25.53 billion in 2023 and was at its lowest, 2.44 billion, in 1970.
Somalia ranks 146th of 184 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gdp penn world table in Somalia, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 2.44 billion | — |
| 1971 | 2.63 billion | +7.7% |
| 1972 | 2.54 billion | -3.4% |
| 1973 | 2.66 billion | +5.0% |
| 1974 | 2.93 billion | +10.2% |
| 1975 | 2.94 billion | +0.1% |
| 1976 | 2.57 billion | -12.3% |
| 1977 | 2.80 billion | +8.6% |
| 1978 | 3.23 billion | +15.4% |
| 1979 | 3.16 billion | -2.2% |
| 1980 | 3.18 billion | +0.9% |
| 1981 | 3.25 billion | +2.0% |
| 1982 | 3.67 billion | +13.1% |
| 1983 | 3.35 billion | -8.8% |
| 1984 | 3.50 billion | +4.6% |
| 1985 | 3.65 billion | +4.3% |
| 1986 | 3.81 billion | +4.4% |
| 1987 | 3.81 billion | -0.1% |
| 1988 | 3.58 billion | -6.0% |
| 1989 | 4.39 billion | +22.6% |
| 1990 | 4.57 billion | +4.0% |
| 1991 | 4.58 billion | +0.3% |
| 1992 | 4.24 billion | -7.5% |
| 1993 | 4.37 billion | +3.1% |
| 1994 | 3.55 billion | -18.6% |
| 1995 | 3.71 billion | +4.3% |
| 1996 | 4.01 billion | +8.2% |
| 1997 | 4.02 billion | +0.3% |
| 1998 | 4.14 billion | +2.8% |
| 1999 | 4.42 billion | +6.7% |
| 2000 | 4.72 billion | +7.0% |
| 2001 | 5.34 billion | +13.1% |
| 2002 | 5.80 billion | +8.5% |
| 2003 | 6.15 billion | +6.1% |
| 2004 | 6.30 billion | +2.5% |
| 2005 | 6.79 billion | +7.8% |
| 2006 | 7.14 billion | +5.2% |
| 2007 | 7.56 billion | +5.8% |
| 2008 | 8.41 billion | +11.3% |
| 2009 | 10.59 billion | +25.9% |
| 2010 | 12.14 billion | +14.7% |
| 2011 | 13.49 billion | +11.1% |
| 2012 | 14.30 billion | +6.0% |
| 2013 | 12.16 billion | -15.0% |
| 2014 | 14.93 billion | +22.8% |
| 2015 | 18.05 billion | +20.9% |
| 2016 | 20.63 billion | +14.3% |
| 2017 | 22.83 billion | +10.7% |
| 2018 | 23.26 billion | +1.9% |
| 2019 | 23.82 billion | +2.4% |
| 2020 | 23.31 billion | -2.1% |
| 2021 | 24.01 billion | +3.0% |
| 2022 | 24.60 billion | +2.5% |
| 2023 | 25.53 billion | +3.8% |
Somalia compared with similar countries
- Somalia's 25.53 billion is below the median for low income countries, which is 42.81 billion, 60% of the median. (22 countries reporting)
- Somalia's 25.53 billion is below the median for Sub-Saharan Africa, which is 45.59 billion, 56% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.79 billion | 2.44 billion | 3.23 billion | 10 |
| 1980s | 3.62 billion | 3.18 billion | 4.39 billion | 10 |
| 1990s | 4.16 billion | 3.55 billion | 4.58 billion | 10 |
| 2000s | 6.88 billion | 4.72 billion | 10.59 billion | 10 |
| 2010s | 17.56 billion | 12.14 billion | 23.82 billion | 10 |
| 2020s | 24.36 billion | 23.31 billion | 25.53 billion | 4 |
Countries ranked near Somalia
More economy & growth data for Somalia
- Real gdp growth, annual growth rate -2.75 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 25.66 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0238 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 15.71 units per person (2025)
- SDRs holdings, SDR, annual growth rate 19.66 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0174 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 11.47 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is gdp penn world table in Somalia?
- Gdp penn world table in Somalia was 25.53 billion in 2023, according to Our World in Data.
- What is the highest gdp penn world table recorded in Somalia?
- The highest recorded value was 25.53 billion in 2023.
- What is the lowest gdp penn world table recorded in Somalia?
- The lowest recorded value was 2.44 billion in 1970.
- How does Somalia rank for gdp penn world table?
- Somalia ranks 146th out of 184 countries with data for 2023.
- Is gdp penn world table rising or falling in Somalia?
- Over the last ten years it is up 109.9%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from Our World in Data, published as part of Gdp penn world table. Statizoid updates them automatically from the source API.
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