GDP in Somalia
Somalia: GDP was 296.64 trillion constant LCU in 2024. β Volatile
GDP in Somalia, 1970β2024
Source: UNESCO Institute for Statistics. Measured in constant LCU.
Analysis
In 2024, gdp in Somalia stood at 296.64 trillion constant LCU. That is the highest value across all 55 years on record.
The figure is up 4.0% on the previous year and up 59.4% over ten years.
Over the whole period, gdp in Somalia peaked at 296.64 trillion constant LCU in 2024 and was at its lowest, 34.93 trillion constant LCU, in 1970.
That places Somalia 7th out of 209 countries with data for 2024, putting it in the top 10%.
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 | 40.85 trillion constant LCU | 34.93 trillion constant LCU | 49.11 trillion constant LCU | 10 |
| 1980s | 51.93 trillion constant LCU | 45.86 trillion constant LCU | 59.99 trillion constant LCU | 10 |
| 1990s | 57.91 trillion constant LCU | 49.41 trillion constant LCU | 64.25 trillion constant LCU | 10 |
| 2000s | 95.77 trillion constant LCU | 68.81 trillion constant LCU | 126.69 trillion constant LCU | 10 |
| 2010s | 199.05 trillion constant LCU | 135.18 trillion constant LCU | 264.88 trillion constant LCU | 10 |
| 2020s | 275.96 trillion constant LCU | 257.59 trillion constant LCU | 296.64 trillion constant LCU | 5 |
Countries ranked near Somalia
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 in Somalia?
- Gdp in Somalia was 296.64 trillion constant LCU in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp recorded in Somalia?
- The highest recorded value was 296.64 trillion constant LCU in 2024.
- What is the lowest gdp recorded in Somalia?
- The lowest recorded value was 34.93 trillion constant LCU in 1970.
- How does Somalia rank for gdp?
- Somalia ranks 7th out of 209 countries with data for 2024.
- Is gdp 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 (constant LCU). 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