Gross domestic savings (% of GDP) in Somalia
Somalia: Gross domestic savings (% of GDP) was -41.5% in 2025. ◆ Volatile
Gross domestic savings in Somalia, 1960–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2025, gross domestic savings in Somalia stood at -41.5%. That is the lowest value across all 45 years on record.
Compared with earlier readings it is down 0.7% on the previous year and down 40.1% over ten years.
Over the whole period, gross domestic savings in Somalia peaked at 22.2% in 1976 and was at its lowest, -41.5%, in 2025.
That places Somalia 186th out of 188 countries with data for 2025, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings (% of GDP) in Somalia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 5.2% | — |
| 1961 | 2.5% | -51.3% |
| 1962 | -5.0% | -297.8% |
| 1963 | -0.5% | -90.1% |
| 1964 | -4.5% | +797.7% |
| 1965 | 7.7% | -272.1% |
| 1966 | 3.8% | -50.2% |
| 1967 | 3.4% | -10.8% |
| 1968 | 5.5% | +62.2% |
| 1969 | 4.7% | -15.4% |
| 1970 | 13.3% | +184.1% |
| 1971 | 9.6% | -27.6% |
| 1972 | 15.1% | +56.2% |
| 1973 | -3.4% | -122.4% |
| 1974 | 21.9% | -748.3% |
| 1975 | 13.7% | -37.3% |
| 1976 | 22.2% | +62.3% |
| 1977 | -17.5% | -178.8% |
| 1978 | -1.7% | -90.6% |
| 1979 | -28.4% | +1621.3% |
| 1980 | -13.1% | -53.9% |
| 1981 | -16.0% | +21.8% |
| 1982 | -12.8% | -19.9% |
| 1983 | -26.4% | +106.4% |
| 1984 | -22.4% | -15.0% |
| 1985 | 16.8% | -174.7% |
| 1986 | 1.3% | -92.2% |
| 1987 | 9.6% | +631.6% |
| 1988 | 7.7% | -19.6% |
| 1989 | 1.1% | -85.3% |
| 1990 | 0.0% | -99.8% |
| 2012 | -33.7% | -1500128.9% |
| 2013 | -31.7% | -5.9% |
| 2014 | -30.0% | -5.6% |
| 2015 | -29.6% | -1.3% |
| 2016 | -29.2% | -1.2% |
| 2017 | -28.8% | -1.7% |
| 2018 | -29.3% | +1.9% |
| 2019 | -28.1% | -4.1% |
| 2020 | -32.4% | +15.3% |
| 2021 | -28.8% | -11.0% |
| 2022 | -31.7% | +10.2% |
| 2023 | -35.6% | +12.3% |
| 2024 | -41.2% | +15.5% |
| 2025 | -41.5% | +0.7% |
Somalia compared with similar countries
- Somalia's -41.5% is below the median for low income countries, which is 12.7%. (23 countries reporting)
- Somalia's -41.5% is below the median for Sub-Saharan Africa, which is 14.7%. (46 countries reporting)
Biggest year-on-year movements
Years where Gross domestic savings (% 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 |
|---|---|---|---|
| 2012 | -1500128.9% | 0.0% | -33.7% |
| 1979 | -1621.3% | -1.7% | -28.4% |
| 1964 | -797.7% | -0.5% | -4.5% |
| 1974 | +748.3% | -3.4% | 21.9% |
| 1987 | +631.6% | 1.3% | 9.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.3% | -5.0% | 7.7% | 10 |
| 1970s | 4.5% | -28.4% | 22.2% | 10 |
| 1980s | -5.4% | -26.4% | 16.8% | 10 |
| 1990s | 0.0% | 0.0% | 0.0% | 1 |
| 2010s | -30.0% | -33.7% | -28.1% | 8 |
| 2020s | -35.2% | -41.5% | -28.8% | 6 |
Countries ranked near Somalia
- 183 Lesotho -33.2% compare
- 184 Lebanon -34.2% compare
- 185 Afghanistan -35.3% compare
- 187 East Timor -44.2% compare
- 188 Kiribati -62.8% compare
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 gross domestic savings in Somalia?
- Gross domestic savings in Somalia was -41.5% in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest gross domestic savings recorded in Somalia?
- The highest recorded value was 22.2% in 1976.
- What is the lowest gross domestic savings recorded in Somalia?
- The lowest recorded value was -41.5% in 2025.
- How does Somalia rank for gross domestic savings?
- Somalia ranks 186th out of 188 countries with data for 2025.
- Is gross domestic savings rising or falling in Somalia?
- Over the last ten years it is down 40.1%. 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 Gross domestic savings (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.