Mongolia vs Somalia: GDP (current LCU), annual growth rate

Mongolia
13.51 % change on previous year
in 2024
Somalia
14.01 % change on previous year
in 2024
Mongolia rank
42nd
Somalia rank
39th

GDP (current LCU), annual growth rate over time

  • Mongolia
  • Somalia
0100200300197119972024

How they compare

Somalia currently reports 14.01 % change on previous year against 13.51 % change on previous year in Mongolia, a difference of 0.5 % change on previous year.

The two have swapped places 10 times across 44 shared years of data; in 1981 it was Somalia ahead.

Mongolia ranks 42nd and Somalia ranks 39th of 211 countries.

Across the 5 decades both report, Mongolia averaged higher in 4 and Somalia in 1.

Head to head by decade

Decade Mongolia Somalia Difference Ahead
1980s 6.16 % change on previous year 50.68 % change on previous year 44.52 % change on previous year Somalia
1990s 74.35 % change on previous year 53.1 % change on previous year 21.24 % change on previous year Mongolia
2000s 20.25 % change on previous year 13.55 % change on previous year 6.71 % change on previous year Mongolia
2010s 19.76 % change on previous year 9.2 % change on previous year 10.56 % change on previous year Mongolia
2020s 16.65 % change on previous year 9.5 % change on previous year 7.14 % change on previous year Mongolia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher gdp (current lcu), annual growth rate, Mongolia or Somalia?
Somalia, at 14.01 % change on previous year against 13.51 % change on previous year in Mongolia as of 2024.
What is the difference in gdp (current lcu), annual growth rate between Mongolia and Somalia?
0.5 % change on previous year, with Somalia ahead.
How many years of comparable data are there for Mongolia and Somalia?
44 years are reported by both, from 1981 to 2024.
How do Mongolia and Somalia rank globally for gdp (current lcu), annual growth rate?
Mongolia ranks 42nd and Somalia ranks 39th of 211 countries.
Where does this data come from?
Statizoid (derived), published as GDP (current LCU), annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Mongolia vs Somalia: GDP (current LCU), annual growth rate. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/compare/gdp-current-lcu-annual-growth-rate-2/mongolia/somalia-fed-rep/

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About this data

Indicator
GDP (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,125 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.