Gross National Income — Value US$ in Somalia
Somalia: Gross National Income — Value US$ was 10,928 million USD in 2023. ◆ Volatile
Gross National Income — Value US$ in Somalia, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2023, gross national income — value us$ in Somalia stood at 10,928 million USD. That is the highest value across all 54 years on record.
The figure is up 7.6% on the previous year and up 123.7% over ten years.
Over the whole period, gross national income — value us$ in Somalia peaked at 10,928 million USD in 2023 and was at its lowest, 316.81 million USD, in 1970.
Somalia ranks 144th of 203 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross National Income — Value US$ in Somalia, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 316.81 million USD | — |
| 1971 | 331.08 million USD | +4.5% |
| 1972 | 417.8 million USD | +26.2% |
| 1973 | 509.23 million USD | +21.9% |
| 1974 | 470.2 million USD | -7.7% |
| 1975 | 711.98 million USD | +51.4% |
| 1976 | 809.44 million USD | +13.7% |
| 1977 | 443.63 million USD | -45.2% |
| 1978 | 502.44 million USD | +13.3% |
| 1979 | 518.12 million USD | +3.1% |
| 1980 | 574.02 million USD | +10.8% |
| 1981 | 667.07 million USD | +16.2% |
| 1982 | 725.53 million USD | +8.8% |
| 1983 | 668.33 million USD | -7.9% |
| 1984 | 706.43 million USD | +5.7% |
| 1985 | 791.78 million USD | +12.1% |
| 1986 | 778.44 million USD | -1.7% |
| 1987 | 882.24 million USD | +13.3% |
| 1988 | 972.87 million USD | +10.3% |
| 1989 | 1,010 million USD | +3.8% |
| 1990 | 1,052 million USD | +4.2% |
| 1991 | 695.86 million USD | -33.9% |
| 1992 | 688.49 million USD | -1.1% |
| 1993 | 1,224 million USD | +77.8% |
| 1994 | 1,431 million USD | +16.9% |
| 1995 | 1,485 million USD | +3.8% |
| 1996 | 1,744 million USD | +17.4% |
| 1997 | 2,134 million USD | +22.4% |
| 1998 | 2,886 million USD | +35.2% |
| 1999 | 2,969 million USD | +2.9% |
| 2000 | 3,333 million USD | +12.3% |
| 2001 | 2,204 million USD | -33.9% |
| 2002 | 2,148 million USD | -2.6% |
| 2003 | 2,782 million USD | +29.5% |
| 2004 | 3,791 million USD | +36.2% |
| 2005 | 4,606 million USD | +21.5% |
| 2006 | 4,951 million USD | +7.5% |
| 2007 | 5,356 million USD | +8.2% |
| 2008 | 5,840 million USD | +9.0% |
| 2009 | 2,916 million USD | -50.1% |
| 2010 | 2,662 million USD | -8.7% |
| 2011 | 2,882 million USD | +8.3% |
| 2012 | 4,013 million USD | +39.3% |
| 2013 | 4,886 million USD | +21.7% |
| 2014 | 5,772 million USD | +18.1% |
| 2015 | 6,591 million USD | +14.2% |
| 2016 | 7,351 million USD | +11.5% |
| 2017 | 8,219 million USD | +11.8% |
| 2018 | 7,841 million USD | -4.6% |
| 2019 | 8,622 million USD | +10.0% |
| 2020 | 8,592 million USD | -0.3% |
| 2021 | 9,444 million USD | +9.9% |
| 2022 | 10,159 million USD | +7.6% |
| 2023 | 10,928 million USD | +7.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 503.07 million USD | 316.81 million USD | 809.44 million USD | 10 |
| 1980s | 777.65 million USD | 574.02 million USD | 1,010 million USD | 10 |
| 1990s | 1,631 million USD | 688.49 million USD | 2,969 million USD | 10 |
| 2000s | 3,793 million USD | 2,148 million USD | 5,840 million USD | 10 |
| 2010s | 5,884 million USD | 2,662 million USD | 8,622 million USD | 10 |
| 2020s | 9,781 million USD | 8,592 million USD | 10,928 million USD | 4 |
Countries ranked near Somalia
- 141 Namibia 11,782 million USD compare
- 142 Ethiopia PDR 11,572 million USD compare
- 143 Equatorial Guinea 11,246 million USD compare
- 145 Mauritania 10,642 million USD compare
- 146 New Caledonia 10,140 million USD compare
- 147 Monaco 9,995 million USD 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)
- GNI, Atlas method (current US$), annual growth rate 6.99 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.964 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 637.38 current US$ per person (2025)
- GNI (current US$), annual growth rate 6.01 % change on previous year (2025)
- GNI (current US$), per unit of GDP 0.9961 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 658.58 current US$ per person (2025)
- GNI (current LCU), annual growth rate 13.5 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 29,985 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross national income — value us$ in Somalia?
- Gross national income — value us$ in Somalia was 10,928 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross national income — value us$ recorded in Somalia?
- The highest recorded value was 10,928 million USD in 2023.
- What is the lowest gross national income — value us$ recorded in Somalia?
- The lowest recorded value was 316.81 million USD in 1970.
- How does Somalia rank for gross national income — value us$?
- Somalia ranks 144th out of 203 countries with data for 2023.
- Is gross national income — value us$ rising or falling in Somalia?
- Over the last ten years it is up 123.7%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross National Income — Value US$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).