Gross Domestic Product, GDP in millions constant 2021 international $ in Somalia
Somalia: Gross Domestic Product, GDP in millions constant 2021 international $ was 0.041 units per square kilometre in 2023. ◆ Volatile
Gross Domestic Product, GDP in millions constant 2021 international $ in Somalia, 1991–2023
Source: Statizoid (derived). Measured in units per square kilometre.
Analysis
The most recent figure for gross domestic product, gdp in millions constant 2021 international $ in Somalia is 0.041 units per square kilometre, measured in 2023. That is the highest value across all 33 years on record.
Compared with earlier readings it is up 4.2% on the previous year and up 67.1% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Somalia peaked at 0.041 units per square kilometre in 2023 and was at its lowest, 0.0071 units per square kilometre, in 1994.
Somalia ranks 180th of 186 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product, GDP in millions constant 2021 international $ in Somalia, year by year
| Year | units per square kilometre | Change |
|---|---|---|
| 1991 | 0.0091 units per square kilometre | — |
| 1992 | 0.0083 units per square kilometre | -8.5% |
| 1993 | 0.0087 units per square kilometre | +4.0% |
| 1994 | 0.0071 units per square kilometre | -17.8% |
| 1995 | 0.0074 units per square kilometre | +4.0% |
| 1996 | 0.008 units per square kilometre | +8.0% |
| 1997 | 0.0081 units per square kilometre | +1.2% |
| 1998 | 0.0086 units per square kilometre | +6.6% |
| 1999 | 0.0092 units per square kilometre | +7.3% |
| 2000 | 0.0099 units per square kilometre | +7.1% |
| 2001 | 0.0106 units per square kilometre | +7.1% |
| 2002 | 0.0114 units per square kilometre | +7.6% |
| 2003 | 0.0123 units per square kilometre | +7.6% |
| 2004 | 0.0132 units per square kilometre | +7.1% |
| 2005 | 0.0141 units per square kilometre | +7.1% |
| 2006 | 0.015 units per square kilometre | +6.5% |
| 2007 | 0.016 units per square kilometre | +6.7% |
| 2008 | 0.0171 units per square kilometre | +6.7% |
| 2009 | 0.0182 units per square kilometre | +6.7% |
| 2010 | 0.0194 units per square kilometre | +6.7% |
| 2011 | 0.0207 units per square kilometre | +6.7% |
| 2012 | 0.0221 units per square kilometre | +6.7% |
| 2013 | 0.0246 units per square kilometre | +11.0% |
| 2014 | 0.0268 units per square kilometre | +9.0% |
| 2015 | 0.0296 units per square kilometre | +10.5% |
| 2016 | 0.0316 units per square kilometre | +7.0% |
| 2017 | 0.0363 units per square kilometre | +14.7% |
| 2018 | 0.0371 units per square kilometre | +2.1% |
| 2019 | 0.0381 units per square kilometre | +2.8% |
| 2020 | 0.0371 units per square kilometre | -2.8% |
| 2021 | 0.0383 units per square kilometre | +3.5% |
| 2022 | 0.0394 units per square kilometre | +2.7% |
| 2023 | 0.041 units per square kilometre | +4.2% |
Somalia compared with similar countries
- Somalia's 0.041 units per square kilometre is below the median for low income countries, which is 0.1359 units per square kilometre, 30% of the median. (25 countries reporting)
- Somalia's 0.041 units per square kilometre is below the median for Sub-Saharan Africa, which is 0.2304 units per square kilometre, 18% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0083 units per square kilometre | 0.0071 units per square kilometre | 0.0092 units per square kilometre | 9 |
| 2000s | 0.0138 units per square kilometre | 0.0099 units per square kilometre | 0.0182 units per square kilometre | 10 |
| 2010s | 0.0286 units per square kilometre | 0.0194 units per square kilometre | 0.0381 units per square kilometre | 10 |
| 2020s | 0.039 units per square kilometre | 0.0371 units per square kilometre | 0.041 units per square kilometre | 4 |
Countries ranked near Somalia
- 177 Mali 0.0555 units per square kilometre compare
- 178 Libya 0.0518 units per square kilometre compare
- 179 South Sudan 0.0488 units per square kilometre compare
- 181 Chad 0.0387 units per square kilometre compare
- 182 Namibia 0.0365 units per square kilometre compare
- 183 Mongolia 0.0362 units per square kilometre compare
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 gross domestic product, gdp in millions constant 2021 international $ in Somalia?
- Gross domestic product, gdp in millions constant 2021 international $ in Somalia was 0.041 units per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Somalia?
- The highest recorded value was 0.041 units per square kilometre in 2023.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Somalia?
- The lowest recorded value was 0.0071 units per square kilometre in 1994.
- How does Somalia rank for gross domestic product, gdp in millions constant 2021 international $?
- Somalia ranks 180th out of 186 countries with data for 2023.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Somalia?
- Over the last ten years it is up 67.1%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates), per square kilometre. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) ÷ Land area (sq. km)
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.