Gross domestic savings in Somalia
Somalia: Gross domestic savings 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 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% |
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 Timor-Leste -44.2% compare
- 188 Kiribati -62.8% 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)
- Households and NPISHs Final consumption expenditure (current LCU) 16.23 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 40,140 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 26.54 million current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 3.1 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.9458 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 625.34 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 8.82 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 1.41 current US$ per US$ of GDP (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.