Merchandise trade to GDP ratio in Somalia
Somalia: Merchandise trade to GDP ratio was 47.5% in 1990. ▲ Rising
Merchandise trade to GDP ratio in Somalia, 1960–1990
Source: World Bank country economists. Measured in %.
Analysis
In 1990, merchandise trade to gdp ratio in Somalia stood at 47.5%.
That represents a change of down 9.6% on the previous year and down 60.9% over ten years.
Over the whole period, merchandise trade to gdp ratio in Somalia peaked at 121.7% in 1980 and was at its lowest, 25.6%, in 1985.
Somalia ranks 46th of 53 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Merchandise trade to GDP ratio in Somalia, year by year
| Year | % | Change |
|---|---|---|
| 1960 | 29.9% | — |
| 1961 | 39.1% | +30.9% |
| 1962 | 40.3% | +3.1% |
| 1963 | 41.8% | +3.8% |
| 1964 | 46.4% | +10.9% |
| 1965 | 37.8% | -18.6% |
| 1966 | 37.5% | -0.7% |
| 1967 | 35.9% | -4.3% |
| 1968 | 36.4% | +1.4% |
| 1969 | 39.6% | +8.9% |
| 1970 | 28.3% | -28.7% |
| 1971 | 33.2% | +17.4% |
| 1972 | 36.3% | +9.4% |
| 1973 | 40.8% | +12.4% |
| 1974 | 57.5% | +40.9% |
| 1975 | 39.3% | -31.5% |
| 1976 | 33.9% | -13.9% |
| 1977 | 79.5% | +134.6% |
| 1978 | 81.9% | +3.1% |
| 1979 | 99.8% | +21.8% |
| 1980 | 121.7% | +21.9% |
| 1981 | 93.2% | -23.4% |
| 1982 | 94.0% | +0.9% |
| 1983 | 96.3% | +2.4% |
| 1984 | 75.7% | -21.4% |
| 1985 | 25.6% | -66.1% |
| 1986 | 36.4% | +41.8% |
| 1987 | 37.9% | +4.3% |
| 1988 | 27.0% | -28.8% |
| 1989 | 52.6% | +94.7% |
| 1990 | 47.5% | -9.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 38.5% | 29.9% | 46.4% | 10 |
| 1970s | 53.0% | 28.3% | 99.8% | 10 |
| 1980s | 66.0% | 25.6% | 121.7% | 10 |
| 1990s | 47.5% | 47.5% | 47.5% | 1 |
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)
- Imports of goods and services (constant 2015 US$), annual growth rate 4.1 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.7514 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 496.82 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -11.25 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -19.11 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 220.94 % change on previous year (1990)
- Agriculture, forestry, and fishing, value added (current LCU), per 1,058 current LCU per US$ of GDP (1990)
- Agriculture, forestry, and fishing, value added (current LCU), per 154,034 current LCU per person (1990)
Frequently asked questions
- What is merchandise trade to gdp ratio in Somalia?
- Merchandise trade to gdp ratio in Somalia was 47.5% in 1990, according to World Bank country economists.
- What is the highest merchandise trade to gdp ratio recorded in Somalia?
- The highest recorded value was 121.7% in 1980.
- What is the lowest merchandise trade to gdp ratio recorded in Somalia?
- The lowest recorded value was 25.6% in 1985.
- How does Somalia rank for merchandise trade to gdp ratio?
- Somalia ranks 46th out of 53 countries with data for 1990.
- Is merchandise trade to gdp ratio rising or falling in Somalia?
- Over the last ten years it is down 60.9%. The long-run trend across the full record is rising.
- Where does this Somalia data come from?
- The figures come from World Bank country economists, published as part of Merchandise trade to GDP ratio (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise trade as a share of GDP is the sum of merchandise exports and imports divided by the value of GDP, all in current US dollars and from the national accounts.