HistoryData

GDP (Gross Domestic Product): Somalia

Somalia's gdp (gross domestic product) is currently 13.912 USD billions as of 2026. # Somalia GDP (Gross Domestic Product) Somalia's GDP reached 13.

Current (2026)
13.912 USD billions
+7.5% y/y
Peak (2026)
13.912 USD billions
Low (2011)
5.022 USD billions
Source
IMF World Economic Outlook
20112026 · 20 pts

GDP (Gross Domestic Product)Somalia

20112026

GDP (Gross Domestic Product) — Somalia
5.022USD billions8.449USD billions11.876USD billions15.303USD billions18.73USD billions201120202030LowPeak
Analysis# Somalia GDP (Gross Domestic Product) Somalia's GDP reached 13.912 USD billion in 2026, matching its all-time peak. This represents a dramatic 177% increase since 2011, when the economy bottomed at 5.022 USD billion. Over the past 15 years, the country has nearly tripled its economic output, reflecting gradual recovery from decades of conflict and instability. The recovery accelerated markedly after 2020. Between 2017 and 2020, GDP stagnated around 8-9 billion USD, but from 2021 onward, consistent annual growth drove expansion to 10 billion USD by 2023 and 12.9 billion USD by 2025. Projections through 2030 suggest continued momentum, positioning Somalia's economy for sustained expansion in the coming years.

Historical Data

20 Rows
YearValueChange %
203018.73 USD billions+7.42%
202917.436 USD billions+7.54%
202816.213 USD billions+7.80%
202715.04 USD billions+8.11%
202613.912 USD billions+7.48%
202512.944 USD billions+6.44%
202412.161 USD billions+10.87%
202310.969 USD billions+7.51%
202210.203 USD billions+7.58%
20219.484 USD billions+9.92%
20208.628 USD billions-0.31%
20198.655 USD billions+9.93%
20187.873 USD billions-4.59%
20178.252 USD billions+11.65%
20167.391 USD billions+8.04%
20156.841 USD billions+6.18%
20146.443 USD billions+9.78%
20135.869 USD billions+13.24%
20125.183 USD billions+3.21%
20115.022 USD billions

Related Data

Demographics

People & population data

No demographic data available.