Gross Domestic Product — Value US$, 2015 prices, per unit of GDP in Somalia
Somalia: Gross Domestic Product — Value US$, 2015 prices, per unit of GDP was 0 million USD per US$ of GDP in 2024. ▼ Falling
Gross Domestic Product — Value US$, 2015 prices, per unit of GDP in Somalia, 1970–2024
Source: Statizoid (derived). Measured in million USD per US$ of GDP.
Analysis
The most recent figure for gross domestic product — value us$, 2015 prices, per unit of gdp in Somalia is 0 million USD per US$ of GDP, measured in 2024.
Compared with earlier readings it is down 4.8% on the previous year and down 10.3% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices, per unit of gdp in Somalia peaked at 0 million USD per US$ of GDP in 1971 and was at its lowest, 0 million USD per US$ of GDP, in 2008.
Somalia ranks 90th of 193 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 55 years of available data.
Gross Domestic Product — Value US$, 2015 prices, per unit of GDP in Somalia, year by year
| Year | million USD per US$ of GDP | Change |
|---|---|---|
| 1970 | 0 million USD per US$ of GDP | — |
| 1971 | 0 million USD per US$ of GDP | +2.4% |
| 1972 | 0 million USD per US$ of GDP | -11.0% |
| 1973 | 0 million USD per US$ of GDP | -18.7% |
| 1974 | 0 million USD per US$ of GDP | -14.9% |
| 1975 | 0 million USD per US$ of GDP | -13.3% |
| 1976 | 0 million USD per US$ of GDP | -14.7% |
| 1977 | 0 million USD per US$ of GDP | +98.6% |
| 1978 | 0 million USD per US$ of GDP | -6.6% |
| 1979 | 0 million USD per US$ of GDP | -9.0% |
| 1980 | 0 million USD per US$ of GDP | -0.4% |
| 1981 | 0 million USD per US$ of GDP | -8.4% |
| 1982 | 0 million USD per US$ of GDP | -7.2% |
| 1983 | 0 million USD per US$ of GDP | -6.9% |
| 1984 | 0 million USD per US$ of GDP | -3.6% |
| 1985 | 0 million USD per US$ of GDP | -1.5% |
| 1986 | 0 million USD per US$ of GDP | -6.5% |
| 1987 | 0 million USD per US$ of GDP | -1.0% |
| 1988 | 0 million USD per US$ of GDP | +0.2% |
| 1989 | 0 million USD per US$ of GDP | -7.6% |
| 1990 | 0 million USD per US$ of GDP | +17.2% |
| 1991 | 0 million USD per US$ of GDP | +47.9% |
| 1992 | 0 million USD per US$ of GDP | -7.4% |
| 1993 | 0 million USD per US$ of GDP | -41.5% |
| 1994 | 0 million USD per US$ of GDP | -30.1% |
| 1995 | 0 million USD per US$ of GDP | +0.4% |
| 1996 | 0 million USD per US$ of GDP | -7.5% |
| 1997 | 0 million USD per US$ of GDP | -17.3% |
| 1998 | 0 million USD per US$ of GDP | -21.1% |
| 1999 | 0 million USD per US$ of GDP | +4.4% |
| 2000 | 0 million USD per US$ of GDP | -4.4% |
| 2001 | 0 million USD per US$ of GDP | +62.3% |
| 2002 | 0 million USD per US$ of GDP | +10.6% |
| 2003 | 0 million USD per US$ of GDP | -16.8% |
| 2004 | 0 million USD per US$ of GDP | -21.3% |
| 2005 | 0 million USD per US$ of GDP | -11.7% |
| 2006 | 0 million USD per US$ of GDP | -0.8% |
| 2007 | 0 million USD per US$ of GDP | -1.2% |
| 2008 | 0 million USD per US$ of GDP | -2.0% |
| 2009 | 0 million USD per US$ of GDP | +114.0% |
| 2010 | 0 million USD per US$ of GDP | +17.0% |
| 2011 | 0 million USD per US$ of GDP | -1.3% |
| 2012 | 0 million USD per US$ of GDP | -29.0% |
| 2013 | 0 million USD per US$ of GDP | -16.1% |
| 2014 | 0 million USD per US$ of GDP | +2.4% |
| 2015 | 0 million USD per US$ of GDP | +15.2% |
| 2016 | 0 million USD per US$ of GDP | +8.5% |
| 2017 | 0 million USD per US$ of GDP | -5.0% |
| 2018 | 0 million USD per US$ of GDP | -0.3% |
| 2019 | 0 million USD per US$ of GDP | -6.5% |
| 2020 | 0 million USD per US$ of GDP | -2.4% |
| 2021 | 0 million USD per US$ of GDP | -5.9% |
| 2022 | 0 million USD per US$ of GDP | -4.5% |
| 2023 | 0 million USD per US$ of GDP | -3.0% |
| 2024 | 0 million USD per US$ of GDP | -4.8% |
Somalia compared with similar countries
- Somalia's 0 million USD per US$ of GDP is below the median for low income countries, which is 0 million USD per US$ of GDP, 98% of the median. (23 countries reporting)
- Somalia's 0 million USD per US$ of GDP is below the median for Sub-Saharan Africa, which is 0 million USD per US$ of GDP, 97% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value US$, 2015 prices, per unit of GDP in Somalia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +114.0% | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP |
| 1977 | +98.6% | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP |
| 2001 | +62.3% | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP |
| 1991 | +47.9% | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 10 |
| 1980s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 10 |
| 1990s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 10 |
| 2000s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 10 |
| 2010s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 10 |
| 2020s | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 0 million USD per US$ of GDP | 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)
- 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$), annual growth rate 0.6536 % change on previous year (1989)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices, per unit of gdp in Somalia?
- Gross domestic product — value us$, 2015 prices, per unit of gdp in Somalia was 0 million USD per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, 2015 prices, per unit of gdp recorded in Somalia?
- The highest recorded value was 0 million USD per US$ of GDP in 1971.
- What is the lowest gross domestic product — value us$, 2015 prices, per unit of gdp recorded in Somalia?
- The lowest recorded value was 0 million USD per US$ of GDP in 2008.
- How does Somalia rank for gross domestic product — value us$, 2015 prices, per unit of gdp?
- Somalia ranks 90th out of 193 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices, per unit of gdp rising or falling in Somalia?
- Over the last ten years it is down 10.3%. The long-run trend across the full record is falling.
- Where does this Somalia data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, 2015 prices, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross Domestic Product — Value US$, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value US$, 2015 prices ÷ GDP (current US$)
Computed from
- Gross Domestic Product — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 — Value US$, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.