Value of imported goods as a share of GDP in Somalia
Somalia: Value of imported goods as a share of GDP was 33.5% in 2024. ◆ Volatile
Value of imported goods as a share of GDP in Somalia, 1962–2024
Source: International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data. Measured in %.
Analysis
Somalia recorded 33.5% for value of imported goods as a share of gdp in 2024.
Compared with earlier readings it is down 8.7% on the previous year and up 13.8% over ten years.
Over the whole period, value of imported goods as a share of gdp in Somalia peaked at 63.1% in 1981 and was at its lowest, 6.4%, in 2000.
That places Somalia 91st out of 201 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value of imported goods as a share of GDP in Somalia, year by year
| Year | % | Change |
|---|---|---|
| 1962 | 16.5% | — |
| 1963 | 19.6% | +18.5% |
| 1964 | 20.1% | +2.6% |
| 1965 | 16.8% | -16.4% |
| 1966 | 9.5% | -43.3% |
| 1967 | 10.2% | +7.1% |
| 1968 | 14.8% | +45.0% |
| 1969 | 13.9% | -6.0% |
| 1970 | 10.5% | -24.1% |
| 1971 | 15.5% | +47.2% |
| 1972 | 15.7% | +1.5% |
| 1973 | 18.4% | +16.8% |
| 1974 | 16.9% | -7.8% |
| 1975 | 16.0% | -5.6% |
| 1976 | 17.3% | +8.3% |
| 1977 | 42.3% | +143.9% |
| 1978 | 37.9% | -10.3% |
| 1980 | 54.7% | +44.3% |
| 1981 | 63.1% | +15.4% |
| 1982 | 39.2% | -37.9% |
| 1983 | 42.6% | +8.7% |
| 1984 | 30.0% | -29.6% |
| 1985 | 24.4% | -18.7% |
| 1986 | 27.5% | +12.4% |
| 1987 | 40.3% | +46.9% |
| 1988 | 24.8% | -38.4% |
| 1989 | 31.5% | +26.8% |
| 1990 | 36.4% | +15.5% |
| 1991 | 20.6% | -43.5% |
| 1992 | 28.5% | +38.6% |
| 1993 | 21.8% | -23.5% |
| 1994 | 18.0% | -17.5% |
| 1995 | 14.3% | -20.5% |
| 1996 | 14.4% | +0.7% |
| 1997 | 12.1% | -16.1% |
| 1998 | 7.7% | -36.4% |
| 1999 | 8.3% | +8.4% |
| 2000 | 6.4% | -23.4% |
| 2001 | 9.1% | +42.1% |
| 2002 | 11.0% | +20.9% |
| 2003 | 8.4% | -23.4% |
| 2004 | 7.7% | -7.8% |
| 2005 | 7.7% | -0.3% |
| 2006 | 10.1% | +31.3% |
| 2007 | 9.6% | -4.9% |
| 2008 | 14.1% | +46.5% |
| 2009 | 25.7% | +82.1% |
| 2010 | 39.2% | +52.6% |
| 2011 | 50.8% | +29.6% |
| 2012 | 37.3% | -26.5% |
| 2013 | 29.7% | -20.6% |
| 2014 | 29.4% | -0.8% |
| 2015 | 29.5% | +0.3% |
| 2016 | 31.1% | +5.5% |
| 2017 | 33.7% | +8.3% |
| 2018 | 33.5% | -0.7% |
| 2019 | 37.1% | +10.7% |
| 2020 | 40.5% | +9.2% |
| 2021 | 40.5% | -0.0% |
| 2022 | 40.7% | +0.6% |
| 2023 | 36.7% | -9.9% |
| 2024 | 33.5% | -8.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 15.2% | 9.5% | 20.1% | 8 |
| 1970s | 21.2% | 10.5% | 42.3% | 9 |
| 1980s | 37.8% | 24.4% | 63.1% | 10 |
| 1990s | 18.2% | 7.7% | 36.4% | 10 |
| 2000s | 11.0% | 6.4% | 25.7% | 10 |
| 2010s | 35.1% | 29.4% | 50.8% | 10 |
| 2020s | 38.4% | 33.5% | 40.7% | 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 value of imported goods as a share of gdp in Somalia?
- Value of imported goods as a share of gdp in Somalia was 33.5% in 2024, according to International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data.
- What is the highest value of imported goods as a share of gdp recorded in Somalia?
- The highest recorded value was 63.1% in 1981.
- What is the lowest value of imported goods as a share of gdp recorded in Somalia?
- The lowest recorded value was 6.4% in 2000.
- How does Somalia rank for value of imported goods as a share of gdp?
- Somalia ranks 91st out of 201 countries with data for 2024.
- Is value of imported goods as a share of gdp rising or falling in Somalia?
- Over the last ten years it is up 13.8%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from International Monetary Fund (2025); National statistical organizations and central banks, OECD national accounts, and World Bank staff estimates (2026) – with major processing by Our World in Data, published as part of Value of imported goods as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Value of a country’s total goods imports, including freight and insurance costs, as a percentage of a country’s gross domestic product (GDP).