Trade of goods and services in Somalia
Somalia: Trade of goods and services was 435.85 million current US$ in 1990. ◆ Volatile
Latest (1990)
435.85 million current US$
Change on year
down 24.1%
World rank
50th
of 53 countries
All-time high
734.37 million current US$
in 1980
All-time low
53.89 million current US$
in 1960
Years of data
31
1960–1990
Trade of goods and services in Somalia, 1960–1990
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current US$.
Analysis
Somalia recorded 435.85 million current US$ for trade of goods and services in 1990.
The figure is down 24.1% on the previous year and down 40.6% over ten years.
Over the whole period, trade of goods and services in Somalia peaked at 734.37 million current US$ in 1980 and was at its lowest, 53.89 million current US$, in 1960.
Somalia ranks 50th of 53 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Trade of goods and services in Somalia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 53.89 million current US$ | — |
| 1961 | 74.90 million current US$ | +39.0% |
| 1962 | 82.04 million current US$ | +9.5% |
| 1963 | 90.44 million current US$ | +10.2% |
| 1964 | 106.54 million current US$ | +17.8% |
| 1965 | 92.11 million current US$ | -13.5% |
| 1966 | 96.60 million current US$ | +4.9% |
| 1967 | 97.58 million current US$ | +1.0% |
| 1968 | 104.40 million current US$ | +7.0% |
| 1969 | 119.01 million current US$ | +14.0% |
| 1970 | 89.32 million current US$ | -25.0% |
| 1971 | 109.84 million current US$ | +23.0% |
| 1972 | 151.29 million current US$ | +37.7% |
| 1973 | 206.80 million current US$ | +36.7% |
| 1974 | 268.63 million current US$ | +29.9% |
| 1975 | 279.68 million current US$ | +4.1% |
| 1976 | 273.49 million current US$ | -2.2% |
| 1977 | 396.23 million current US$ | +44.9% |
| 1978 | 462.98 million current US$ | +16.8% |
| 1979 | 589.44 million current US$ | +27.3% |
| 1980 | 734.37 million current US$ | +24.6% |
| 1981 | 651.52 million current US$ | -11.3% |
| 1982 | 728.10 million current US$ | +11.8% |
| 1983 | 706.83 million current US$ | -2.9% |
| 1984 | 596.50 million current US$ | -15.6% |
| 1985 | 224.68 million current US$ | -62.3% |
| 1986 | 338.25 million current US$ | +50.5% |
| 1987 | 382.77 million current US$ | +13.2% |
| 1988 | 280.42 million current US$ | -26.7% |
| 1989 | 574.38 million current US$ | +104.8% |
| 1990 | 435.85 million current US$ | -24.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 91.75 million current US$ | 53.89 million current US$ | 119.01 million current US$ | 10 |
| 1970s | 282.77 million current US$ | 89.32 million current US$ | 589.44 million current US$ | 10 |
| 1980s | 521.78 million current US$ | 224.68 million current US$ | 734.37 million current US$ | 10 |
| 1990s | 435.85 million current US$ | 435.85 million current US$ | 435.85 million current US$ | 1 |
Countries ranked near Somalia
- 47 Central African Republic 770.69 million current US$ compare
- 48 Gambia 682.89 million current US$ compare
- 49 Eritrea 463.60 million current US$
- 51 Comoros 409.58 million current US$ compare
- 52 Sao Tome and Principe 170.87 million current US$
- 53 Guinea-Bissau 165.01 million current US$ 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)
- Gross value added at basic prices (GVA) (current US$), annual growth -15.77 % change on previous year (1990)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8524 current US$ per US$ of GDP (1990)
- Gross value added at basic prices (GVA) (current US$), per capita 124.12 current US$ per person (1990)
- Gross value added at basic prices (GVA) (current LCU), annual growth 211.84 % change on previous year (1990)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1,616 current LCU per US$ of GDP (1990)
- Gross value added at basic prices (GVA) (current LCU), per capita 235,336 current LCU per person (1990)
- GDP (current US$), annual growth rate 8.59 % change on previous year (2025)
- GDP (current US$), per capita 661.17 current US$ per person (2025)
Frequently asked questions
- What is trade of goods and services in Somalia?
- Trade of goods and services in Somalia was 435.85 million current US$ in 1990, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest trade of goods and services recorded in Somalia?
- The highest recorded value was 734.37 million current US$ in 1980.
- What is the lowest trade of goods and services recorded in Somalia?
- The lowest recorded value was 53.89 million current US$ in 1960.
- How does Somalia rank for trade of goods and services?
- Somalia ranks 50th out of 53 countries with data for 1990.
- Is trade of goods and services rising or falling in Somalia?
- Over the last ten years it is down 40.6%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Trade of goods and services (current US$). Statizoid updates them automatically from the source API.
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About this data
Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.