GDP growth (annual %) (UNESCO Institute) in Somalia
Somalia: GDP growth (annual %) (UNESCO Institute) was 4.0% in 2024. ◆ Volatile
GDP growth in Somalia, 1970–2024
Source: UNESCO Institute for Statistics. Measured in annual %.
Analysis
In 2024, gdp growth in Somalia stood at 4.0%.
Compared with earlier readings it is down 5.8% on the previous year and down 55.8% over ten years.
Over the whole period, gdp growth in Somalia peaked at 14.9% in 1972 and was at its lowest, -17.8%, in 1994.
That places Somalia 73rd out of 212 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP growth (annual %) (UNESCO Institute) in Somalia, year by year
| Year | annual % | Change |
|---|---|---|
| 1970 | 4.6% | — |
| 1971 | 2.1% | -53.3% |
| 1972 | 14.9% | +595.9% |
| 1973 | -12.1% | -181.6% |
| 1974 | 0.8% | -106.2% |
| 1975 | 14.7% | +1852.9% |
| 1976 | -1.8% | -112.6% |
| 1977 | 13.6% | -838.4% |
| 1978 | 5.8% | -57.5% |
| 1979 | -5.0% | -186.0% |
| 1980 | 1.8% | -136.0% |
| 1981 | 6.3% | +249.4% |
| 1982 | 2.8% | -55.8% |
| 1983 | -11.6% | -518.4% |
| 1984 | 3.3% | -128.2% |
| 1985 | 9.5% | +191.8% |
| 1986 | -2.1% | -122.5% |
| 1987 | 10.1% | -570.1% |
| 1988 | 3.4% | -66.1% |
| 1989 | 3.8% | +11.5% |
| 1990 | 2.3% | -38.9% |
| 1991 | 3.0% | +26.8% |
| 1992 | -8.5% | -387.7% |
| 1993 | 4.0% | -147.0% |
| 1994 | -17.8% | -547.2% |
| 1995 | 4.0% | -122.4% |
| 1996 | 8.0% | +101.6% |
| 1997 | 1.2% | -85.3% |
| 1998 | 6.6% | +457.9% |
| 1999 | 7.3% | +11.1% |
| 2000 | 7.1% | -2.8% |
| 2001 | 7.1% | +0.0% |
| 2002 | 7.6% | +7.3% |
| 2003 | 7.6% | +0.0% |
| 2004 | 7.1% | -6.8% |
| 2005 | 7.1% | +0.0% |
| 2006 | 6.5% | -8.8% |
| 2007 | 6.7% | +3.2% |
| 2008 | 6.7% | +0.0% |
| 2009 | 6.7% | +0.0% |
| 2010 | 6.7% | +0.0% |
| 2011 | 6.7% | +0.0% |
| 2012 | 6.7% | +0.0% |
| 2013 | 11.0% | +63.7% |
| 2014 | 9.0% | -18.1% |
| 2015 | 10.5% | +16.5% |
| 2016 | 7.0% | -32.8% |
| 2017 | 14.7% | +109.5% |
| 2018 | 2.1% | -86.1% |
| 2019 | 2.8% | +37.5% |
| 2020 | -2.8% | -197.5% |
| 2021 | 3.5% | -225.6% |
| 2022 | 2.7% | -21.1% |
| 2023 | 4.2% | +54.6% |
| 2024 | 4.0% | -5.8% |
Somalia compared with similar countries
- Somalia's 4.0% is below the median for low income countries, which is 4.1%, 97% of the median. (24 countries reporting)
- Somalia's 4.0% is below the median for Sub-Saharan Africa, which is 4.1%, 96% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where GDP growth (annual %) (UNESCO Institute) 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 |
|---|---|---|---|
| 1975 | +1852.9% | 0.8% | 14.7% |
| 1977 | +838.4% | -1.8% | 13.6% |
| 1972 | +595.9% | 2.1% | 14.9% |
| 1987 | +570.1% | -2.1% | 10.1% |
| 1994 | -547.2% | 4.0% | -17.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.8% | -12.1% | 14.9% | 10 |
| 1980s | 2.7% | -11.6% | 10.1% | 10 |
| 1990s | 1.0% | -17.8% | 8.0% | 10 |
| 2000s | 7.0% | 6.5% | 7.6% | 10 |
| 2010s | 7.7% | 2.1% | 14.7% | 10 |
| 2020s | 2.3% | -2.8% | 4.2% | 5 |
Countries ranked near Somalia
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)
- Population growth rate 0.424 (2100)
- Population density 107.38 (2100)
- Projected population under age 5 5.14 million (2100)
Frequently asked questions
- What is gdp growth in Somalia?
- Gdp growth in Somalia was 4.0% in 2024, according to UNESCO Institute for Statistics.
- What is the highest gdp growth recorded in Somalia?
- The highest recorded value was 14.9% in 1972.
- What is the lowest gdp growth recorded in Somalia?
- The lowest recorded value was -17.8% in 1994.
- How does Somalia rank for gdp growth?
- Somalia ranks 73rd out of 212 countries with data for 2024.
- Is gdp growth rising or falling in Somalia?
- Over the last ten years it is down 55.8%. 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 growth (annual %). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).
About this data
February 2026 Data Release