GDP at market prices (constant 2010 US$), per unit of GDP in Somalia
Somalia: GDP at market prices (constant 2010 US$), per unit of GDP was 0.742 constant 2010 US$ per US$ of GDP in 2024. ▼ Falling
GDP at market prices (constant 2010 US$), per unit of GDP in Somalia, 1970–2024
Source: Statizoid (derived). Measured in constant 2010 US$ per US$ of GDP.
Analysis
In 2024, gdp at market prices (constant 2010 us$), per unit of gdp in Somalia stood at 0.742 constant 2010 US$ per US$ of GDP.
That represents a change of down 4.8% on the previous year and down 23.7% over ten years.
Over the whole period, gdp at market prices (constant 2010 us$), per unit of gdp in Somalia peaked at 3.08 constant 2010 US$ per US$ of GDP in 1971 and was at its lowest, 0.601 constant 2010 US$ per US$ of GDP, in 2008.
Somalia ranks 166th of 208 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 55 years of available data.
GDP at market prices (constant 2010 US$), per unit of GDP in Somalia, year by year
| Year | constant 2010 US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 3 constant 2010 US$ per US$ of GDP | — |
| 1971 | 3.08 constant 2010 US$ per US$ of GDP | +2.4% |
| 1972 | 2.74 constant 2010 US$ per US$ of GDP | -11.0% |
| 1973 | 2.23 constant 2010 US$ per US$ of GDP | -18.7% |
| 1974 | 1.9 constant 2010 US$ per US$ of GDP | -14.9% |
| 1975 | 1.65 constant 2010 US$ per US$ of GDP | -13.3% |
| 1976 | 1.4 constant 2010 US$ per US$ of GDP | -14.7% |
| 1977 | 2.79 constant 2010 US$ per US$ of GDP | +98.6% |
| 1978 | 2.6 constant 2010 US$ per US$ of GDP | -6.6% |
| 1979 | 2.37 constant 2010 US$ per US$ of GDP | -9.0% |
| 1980 | 2.36 constant 2010 US$ per US$ of GDP | -0.4% |
| 1981 | 2.16 constant 2010 US$ per US$ of GDP | -8.4% |
| 1982 | 2 constant 2010 US$ per US$ of GDP | -7.2% |
| 1983 | 1.87 constant 2010 US$ per US$ of GDP | -6.9% |
| 1984 | 1.8 constant 2010 US$ per US$ of GDP | -3.6% |
| 1985 | 1.77 constant 2010 US$ per US$ of GDP | -1.5% |
| 1986 | 1.66 constant 2010 US$ per US$ of GDP | -6.5% |
| 1987 | 1.64 constant 2010 US$ per US$ of GDP | -1.0% |
| 1988 | 1.64 constant 2010 US$ per US$ of GDP | +0.2% |
| 1989 | 1.52 constant 2010 US$ per US$ of GDP | -7.6% |
| 1990 | 1.78 constant 2010 US$ per US$ of GDP | +17.2% |
| 1991 | 2.63 constant 2010 US$ per US$ of GDP | +47.9% |
| 1992 | 2.44 constant 2010 US$ per US$ of GDP | -7.4% |
| 1993 | 1.43 constant 2010 US$ per US$ of GDP | -41.5% |
| 1994 | 0.9983 constant 2010 US$ per US$ of GDP | -30.1% |
| 1995 | 1 constant 2010 US$ per US$ of GDP | +0.4% |
| 1996 | 0.9271 constant 2010 US$ per US$ of GDP | -7.5% |
| 1997 | 0.767 constant 2010 US$ per US$ of GDP | -17.3% |
| 1998 | 0.6049 constant 2010 US$ per US$ of GDP | -21.1% |
| 1999 | 0.6314 constant 2010 US$ per US$ of GDP | +4.4% |
| 2000 | 0.6035 constant 2010 US$ per US$ of GDP | -4.4% |
| 2001 | 0.9793 constant 2010 US$ per US$ of GDP | +62.3% |
| 2002 | 1.08 constant 2010 US$ per US$ of GDP | +10.6% |
| 2003 | 0.9009 constant 2010 US$ per US$ of GDP | -16.8% |
| 2004 | 0.7092 constant 2010 US$ per US$ of GDP | -21.3% |
| 2005 | 0.6261 constant 2010 US$ per US$ of GDP | -11.7% |
| 2006 | 0.6211 constant 2010 US$ per US$ of GDP | -0.8% |
| 2007 | 0.6134 constant 2010 US$ per US$ of GDP | -1.2% |
| 2008 | 0.601 constant 2010 US$ per US$ of GDP | -2.0% |
| 2009 | 1.29 constant 2010 US$ per US$ of GDP | +114.0% |
| 2010 | 1.51 constant 2010 US$ per US$ of GDP | +17.0% |
| 2011 | 1.49 constant 2010 US$ per US$ of GDP | -1.3% |
| 2012 | 1.06 constant 2010 US$ per US$ of GDP | -29.0% |
| 2013 | 1.01 constant 2010 US$ per US$ of GDP | -4.3% |
| 2014 | 0.9723 constant 2010 US$ per US$ of GDP | -3.7% |
| 2015 | 1 constant 2010 US$ per US$ of GDP | +2.9% |
| 2016 | 0.9956 constant 2010 US$ per US$ of GDP | -0.4% |
| 2017 | 0.9913 constant 2010 US$ per US$ of GDP | -0.4% |
| 2018 | 0.9794 constant 2010 US$ per US$ of GDP | -1.2% |
| 2019 | 0.9159 constant 2010 US$ per US$ of GDP | -6.5% |
| 2020 | 0.8936 constant 2010 US$ per US$ of GDP | -2.4% |
| 2021 | 0.8412 constant 2010 US$ per US$ of GDP | -5.9% |
| 2022 | 0.8031 constant 2010 US$ per US$ of GDP | -4.5% |
| 2023 | 0.7793 constant 2010 US$ per US$ of GDP | -3.0% |
| 2024 | 0.742 constant 2010 US$ per US$ of GDP | -4.8% |
Somalia compared with similar countries
- Somalia's 0.742 constant 2010 US$ per US$ of GDP is below the median for low income countries, which is 0.847 constant 2010 US$ per US$ of GDP, 88% of the median. (24 countries reporting)
- Somalia's 0.742 constant 2010 US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.8689 constant 2010 US$ per US$ of GDP, 85% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where GDP at market prices (constant 2010 US$), per unit of GDP in Somalia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +114.0% | 0.601 constant 2010 US$ per US$ of GDP | 1.29 constant 2010 US$ per US$ of GDP |
| 1977 | +98.6% | 1.4 constant 2010 US$ per US$ of GDP | 2.79 constant 2010 US$ per US$ of GDP |
| 2001 | +62.3% | 0.6035 constant 2010 US$ per US$ of GDP | 0.9793 constant 2010 US$ per US$ of GDP |
| 1991 | +47.9% | 1.78 constant 2010 US$ per US$ of GDP | 2.63 constant 2010 US$ per US$ of GDP |
| 1993 | -41.5% | 2.44 constant 2010 US$ per US$ of GDP | 1.43 constant 2010 US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.38 constant 2010 US$ per US$ of GDP | 1.4 constant 2010 US$ per US$ of GDP | 3.08 constant 2010 US$ per US$ of GDP | 10 |
| 1980s | 1.84 constant 2010 US$ per US$ of GDP | 1.52 constant 2010 US$ per US$ of GDP | 2.36 constant 2010 US$ per US$ of GDP | 10 |
| 1990s | 1.32 constant 2010 US$ per US$ of GDP | 0.6049 constant 2010 US$ per US$ of GDP | 2.63 constant 2010 US$ per US$ of GDP | 10 |
| 2000s | 0.8024 constant 2010 US$ per US$ of GDP | 0.601 constant 2010 US$ per US$ of GDP | 1.29 constant 2010 US$ per US$ of GDP | 10 |
| 2010s | 1.09 constant 2010 US$ per US$ of GDP | 0.9159 constant 2010 US$ per US$ of GDP | 1.51 constant 2010 US$ per US$ of GDP | 10 |
| 2020s | 0.8118 constant 2010 US$ per US$ of GDP | 0.742 constant 2010 US$ per US$ of GDP | 0.8936 constant 2010 US$ per US$ of GDP | 5 |
Countries ranked near Somalia
- 163 Luxembourg 0.7549 constant 2010 US$ per US$ of GDP compare
- 164 Honduras 0.7533 constant 2010 US$ per US$ of GDP compare
- 165 Bangladesh 0.7485 constant 2010 US$ per US$ of GDP compare
- 167 Guatemala 0.7419 constant 2010 US$ per US$ of GDP compare
- 168 Croatia 0.7389 constant 2010 US$ per US$ of GDP compare
- 169 Russia 0.7374 constant 2010 US$ per US$ of GDP compare
More population data for Somalia
- Population regions with projections, annual growth rate 0.4652 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate 1.96 % change on previous year (2050)
- Population long run with projections, annual growth rate 0.4652 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.4952 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 36,463 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 2.89 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.3207 % change on previous year (2100)
- World population growth 0.4% (2100)
- Population density 107.38 people per km² (2100)
- Number of children under 5, by world region 5.14 million people (2100)
Frequently asked questions
- What is gdp at market prices (constant 2010 us$), per unit of gdp in Somalia?
- Gdp at market prices (constant 2010 us$), per unit of gdp in Somalia was 0.742 constant 2010 US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gdp at market prices (constant 2010 us$), per unit of gdp recorded in Somalia?
- The highest recorded value was 3.08 constant 2010 US$ per US$ of GDP in 1971.
- What is the lowest gdp at market prices (constant 2010 us$), per unit of gdp recorded in Somalia?
- The lowest recorded value was 0.601 constant 2010 US$ per US$ of GDP in 2008.
- How does Somalia rank for gdp at market prices (constant 2010 us$), per unit of gdp?
- Somalia ranks 166th out of 208 countries with data for 2024.
- Is gdp at market prices (constant 2010 us$), per unit of gdp rising or falling in Somalia?
- Over the last ten years it is down 23.7%. The long-run trend across the full record is falling.
- Where does this Somalia data come from?
- The figures come from Statizoid (derived), published as part of GDP at market prices (constant 2010 US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
GDP at market prices (constant 2010 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
GDP at market prices (constant 2010 US$) ÷ GDP (current US$)
Computed from
- GDP at market prices UNESCO Institute for Statistics
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
GDP at market prices (constant 2010 US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.