GDP price levels relative to the US in Somalia
Somalia: GDP price levels relative to the US was 0.393 in 2024. ▼ Falling
GDP price levels relative to the US in Somalia, 1991–2024
Source: World Development Indicators - World Bank (2026) – processed by Our World in Data.
Analysis
The most recent figure for gdp price levels relative to the us in Somalia is 0.393, measured in 2024.
Compared with earlier readings it is up 2.4% on the previous year and up 3.2% over ten years.
Over the whole period, gdp price levels relative to the us in Somalia peaked at 0.8554 in 1998 and was at its lowest, 0.2246, in 1991.
Somalia ranks 120th of 202 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 34 years of available data.
GDP price levels relative to the US in Somalia, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 0.2246 | — |
| 1992 | 0.2371 | +5.5% |
| 1993 | 0.3957 | +66.9% |
| 1994 | 0.5543 | +40.1% |
| 1995 | 0.541 | -2.4% |
| 1996 | 0.5742 | +6.1% |
| 1997 | 0.6822 | +18.8% |
| 1998 | 0.8554 | +25.4% |
| 1999 | 0.8081 | -5.5% |
| 2000 | 0.8267 | +2.3% |
| 2001 | 0.4983 | -39.7% |
| 2002 | 0.4437 | -11.0% |
| 2003 | 0.523 | +17.9% |
| 2004 | 0.6469 | +23.7% |
| 2005 | 0.7106 | +9.8% |
| 2006 | 0.6948 | -2.2% |
| 2007 | 0.685 | -1.4% |
| 2008 | 0.6859 | +0.1% |
| 2009 | 0.3186 | -53.6% |
| 2010 | 0.2689 | -15.6% |
| 2011 | 0.267 | -0.7% |
| 2012 | 0.3492 | +30.8% |
| 2013 | 0.4166 | +19.3% |
| 2014 | 0.3808 | -8.6% |
| 2015 | 0.3322 | -12.8% |
| 2016 | 0.3139 | -5.5% |
| 2017 | 0.32 | +1.9% |
| 2018 | 0.3284 | +2.6% |
| 2019 | 0.3487 | +6.2% |
| 2020 | 0.3563 | +2.2% |
| 2021 | 0.3943 | +10.7% |
| 2022 | 0.3856 | -2.2% |
| 2023 | 0.3837 | -0.5% |
| 2024 | 0.393 | +2.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5414 | 0.2246 | 0.8554 | 9 |
| 2000s | 0.6034 | 0.3186 | 0.8267 | 10 |
| 2010s | 0.3326 | 0.267 | 0.4166 | 10 |
| 2020s | 0.3826 | 0.3563 | 0.3943 | 5 |
Countries ranked near Somalia
- 117 South Africa 0.4055 compare
- 118 Morocco 0.3988 compare
- 119 Dominican Republic 0.3949 compare
- 121 Montenegro 0.3894 compare
- 122 Mozambique 0.3851 compare
- 123 Equatorial Guinea 0.384 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)
- Exports of goods and services (current LCU), annual growth rate 8.95 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 8,805 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 5.82 million current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate -1.2 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.2072 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 137.02 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate 14.14 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2811 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gdp price levels relative to the us in Somalia?
- Gdp price levels relative to the us in Somalia was 0.393 in 2024, according to World Development Indicators - World Bank (2026) – processed by Our World in Data.
- What is the highest gdp price levels relative to the us recorded in Somalia?
- The highest recorded value was 0.8554 in 1998.
- What is the lowest gdp price levels relative to the us recorded in Somalia?
- The lowest recorded value was 0.2246 in 1991.
- How does Somalia rank for gdp price levels relative to the us?
- Somalia ranks 120th out of 202 countries with data for 2024.
- Is gdp price levels relative to the us rising or falling in Somalia?
- Over the last ten years it is up 3.2%. The long-run trend across the full record is falling.
- Where does this Somalia data come from?
- The figures come from World Development Indicators - World Bank (2026) – processed by Our World in Data, published as part of GDP price levels relative to the US. Statizoid updates them automatically from the source API.
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About this data
Ratio of Purchasing Power Parity (PPP) conversion factor to market exchange rate.