GDP at market prices in Somalia
Somalia: GDP at market prices was 8.88 billion constant 2010 US$ in 2024. β Volatile
GDP at market prices in Somalia, 1970β2024
Source: UNESCO Institute for Statistics. Measured in constant 2010 US$.
Analysis
Somalia recorded 8.88 billion constant 2010 US$ for gdp at market prices in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 4.0% on the previous year and up 59.4% over ten years.
Over the whole period, gdp at market prices in Somalia peaked at 8.88 billion constant 2010 US$ in 2024 and was at its lowest, 1.05 billion constant 2010 US$, in 1970.
Somalia ranks 151st of 205 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.22 billion constant 2010 US$ | 1.05 billion constant 2010 US$ | 1.47 billion constant 2010 US$ | 10 |
| 1980s | 1.55 billion constant 2010 US$ | 1.37 billion constant 2010 US$ | 1.80 billion constant 2010 US$ | 10 |
| 1990s | 1.73 billion constant 2010 US$ | 1.48 billion constant 2010 US$ | 1.92 billion constant 2010 US$ | 10 |
| 2000s | 2.87 billion constant 2010 US$ | 2.06 billion constant 2010 US$ | 3.79 billion constant 2010 US$ | 10 |
| 2010s | 5.96 billion constant 2010 US$ | 4.05 billion constant 2010 US$ | 7.93 billion constant 2010 US$ | 10 |
| 2020s | 8.26 billion constant 2010 US$ | 7.71 billion constant 2010 US$ | 8.88 billion constant 2010 US$ | 5 |
Countries ranked near Somalia
- 148 Sierra Leone 9.80 billion constant 2010 US$ compare
- 149 Equatorial Guinea 9.54 billion constant 2010 US$ compare
- 150 Moldova 9.25 billion constant 2010 US$ compare
- 152 Togo 8.79 billion constant 2010 US$ compare
- 153 Monaco 8.75 billion constant 2010 US$ compare
- 154 Mauritania 8.61 billion constant 2010 US$ compare
More population data for Somalia
- Population growth rate by level of development 0.424 (2100)
- Projected population under age 5 5.14 million (2100)
- Population density 107.38 (2100)
- Population growth rate 0.424 (2100)
- Fertility and wanted fertility 6.01 (2024)
- Refugee population by country or territory of asylum 19,503 (2024)
- Fertility vs unmet contraception 6.01 (2024)
- Fertility vs contraception 6.01 (2024)
- Natural population growth 3.31 (2023)
- Fertility rate with projections 6.13 (2023)
Frequently asked questions
- What is gdp at market prices in Somalia?
- Gdp at market prices in Somalia was 8.88 billion constant 2010 US$ in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp at market prices recorded in Somalia?
- The highest recorded value was 8.88 billion constant 2010 US$ in 2024.
- What is the lowest gdp at market prices recorded in Somalia?
- The lowest recorded value was 1.05 billion constant 2010 US$ in 1970.
- How does Somalia rank for gdp at market prices?
- Somalia ranks 151st out of 205 countries with data for 2024.
- Is gdp at market prices rising or falling in Somalia?
- Over the last ten years it is up 59.4%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from UNESCO Institute for Statistics, published as part of GDP at market prices (constant 2010 US$). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release