Somalia GDP (2026)
IMF (2026)
- Nominal (current) Gross Domestic Product (GDP) of Somalia is $14.82 billion ($14,820,000,000) as of 2026, according to the International Monetary Fund (IMF). #151 in the world
- The GDP growth rate in 2026 is 2.3%, according to the International Monetary Fund (IMF).
- GDP per Capita in Somalia (with a population of 20,305,907 people) is $850 in 2026, an increase of $70 from $780 in 2025; this represents a change of 8.9% in GDP per capita. #206 in the world
GDP Change (%)
Gross Domestic Product (GDP) of Somalia
| Year | GDP Nominal (Current USD) | GDP Growth | GDP per capita | Pop. Change |
|---|---|---|---|---|
| 2026 | $14,820,000,000 | 2.3% | $850 | +3.31% |
| 2025 | $13,234,000,000 | 3.1% | $780 | +3.40% |
| 2024 | $12,347,000,000 | 4.0% | $748 | +3.54% |
| 2023 | $11,317,000,000 | 4.2% | $705 | +3.13% |
| 2022 | $10,301,000,000 | 2.8% | $660 | +3.07% |
| 2021 | $9,570,000,000 | 3.5% | $630 | +3.72% |
| 2020 | $8,705,000,000 | −2.7% | $589 | +3.87% |
| 2019 | $8,724,000,000 | 3.6% | $607 | +3.74% |
| 2018 | $7,873,000,000 | 1.4% | $563 | +3.59% |
| 2017 | $8,252,000,000 | 9.5% | $607 | +3.96% |
| 2016 | $7,391,000,000 | −1.3% | $559 | +3.92% |
| 2015 | $6,841,000,000 | 4.6% | $532 | +3.50% |
| 2014 | $6,443,000,000 | 2.7% | $515 | +3.65% |
| 2013 | $5,869,000,000 | 5.7% | $482 | +3.28% |
| 2012 | $5,183,000,000 | 1.2% | $438 | +0.91% |
| 2011 | $5,022,000,000 | – | +0.71% |
| Year | GDP PPP | GDP PPP per Capita | PPP Per Capita Change | Pop. Change |
|---|---|---|---|---|
| 2026 | $34,464,000,000 | $1,976 | 2.8% | +3.31% |
| 2025 | $32,608,000,000 | $1,922 | 2.9% | +3.40% |
| 2024 | $30,828,000,000 | $1,868 | 3.8% | +3.54% |
| 2023 | $28,892,000,000 | $1,800 | 5.2% | +3.13% |
| 2022 | $26,726,000,000 | $1,712 | 7.1% | +3.07% |
| 2021 | $24,268,000,000 | $1,598 | −3.4% | +3.72% |
| 2020 | $24,431,000,000 | $1,654 | −5% | +3.87% |
| 2019 | $25,014,000,000 | $1,740 | 1.5% | +3.74% |
| 2018 | $23,975,000,000 | $1,715 | −9.6% | +3.59% |
| 2017 | $25,791,000,000 | $1,896 | 8.4% | +3.96% |
| 2016 | $23,139,000,000 | $1,749 | −3.1% | +3.92% |
| 2015 | $23,217,000,000 | $1,804 | 2.7% | +3.50% |
| 2014 | $21,994,000,000 | $1,757 | 1.7% | +3.65% |
| 2013 | $21,040,000,000 | $1,728 | 4.5% | +3.28% |
| 2012 | $19,580,000,000 | $1,653 | – | +0.91% |
| 2011 | $18,994,000,000 | – | – | +0.71% |
| Year | GDP Nominal (Current USD) | GDP Real (Constant, Inflation Adjusted) | Pop. Change |
|---|---|---|---|
| 2025 | $12,995,200,000 | $9,148,089,787 | +3.40% |
| 2024 | $11,967,000,000 | $8,882,404,281 | +3.54% |
| 2023 | $10,958,000,000 | $8,531,635,198 | +3.13% |
| 2022 | $10,203,000,000 | $8,189,695,543 | +3.07% |
| 2021 | $9,483,000,000 | $7,972,973,226 | +3.72% |
| 2020 | $8,628,000,000 | $7,707,287,719 | +3.87% |
| 2019 | $8,656,000,000 | $7,926,418,062 | +3.74% |
| 2018 | $7,873,000,000 | $7,710,498,420 | +3.59% |
| 2017 | $7,621,501,710 | $7,555,288,980 | +3.96% |
| 2016 | $6,613,743,070 | $6,584,944,951 | +3.92% |
| 2015 | $6,152,149,100 | $6,152,149,100 | +3.50% |
| 2014 | $5,728,399,720 | $5,569,461,555 | +3.65% |
| 2013 | $5,062,881,600 | $5,110,628,983 | +3.28% |
| 2012 | $4,364,670,160 | $4,605,859,127 | +0.91% |
| 2011 | $2,906,000,097 | $4,316,872,490 | +0.71% |
| 2010 | $2,687,807,004 | $4,046,017,819 | +2.51% |
| 2009 | $2,948,594,552 | $3,792,157,453 | +2.56% |
| 2008 | $5,913,620,293 | $3,554,225,116 | +3.01% |
| 2007 | $5,430,713,729 | $3,331,221,430 | +3.16% |
| 2006 | $5,026,743,282 | $3,122,209,723 | +3.11% |
| 2005 | $4,683,246,454 | $2,932,027,546 | +3.53% |
| 2004 | $3,859,592,813 | $2,737,390,479 | +3.75% |
| 2003 | $2,836,724,352 | $2,555,674,024 | +3.76% |
| 2002 | $2,192,684,135 | $2,374,493,800 | +3.82% |
| 2001 | $2,252,847,465 | $2,206,158,044 | +4.07% |
| 2000 | $3,412,797,450 | $2,059,706,442 | +4.08% |
| 1999 | $3,045,751,528 | $1,922,976,751 | +4.13% |
| 1998 | $2,962,047,564 | $1,791,844,291 | +4.23% |
| 1997 | $2,191,749,014 | $1,681,117,594 | +3.57% |
| 1996 | $1,792,234,297 | $1,661,503,679 | +3.70% |
| 1995 | $1,534,756,135 | $1,537,774,140 | +3.67% |
| 1994 | $1,481,205,098 | $1,478,762,689 | +5.17% |
| 1993 | $1,260,132,956 | $1,800,010,346 | +2.87% |
| 1992 | $709,297,579 | $1,730,935,689 | −4.68% |
| 1991 | $717,974,930 | $1,891,491,616 | −3.80% |
| 1990 | $1,031,282,081 | $1,837,281,328 | −0.45% |
| 1989 | $1,181,360,844 | $1,795,501,262 | −1.67% |
| 1988 | $1,051,596,967 | $1,729,642,284 | +0.10% |
| 1987 | $1,018,972,664 | $1,672,521,530 | +3.63% |
| 1986 | $916,590,786 | $1,519,262,585 | +4.21% |
| 1985 | $875,702,247 | $1,552,579,747 | +4.12% |
| 1984 | $787,434,542 | $1,417,493,800 | +3.71% |
| 1983 | $735,408,642 | $1,372,667,073 | +3.24% |
| 1982 | $774,578,932 | $1,552,377,825 | +0.35% |
| 1981 | $699,302,473 | $1,510,579,931 | +0.79% |
| 1980 | $602,515,548 | $1,421,532,244 | +8.94% |
| 1979 | $589,566,929 | $1,396,493,892 | +13.17% |
| 1978 | $564,571,823 | $1,469,791,648 | +7.38% |
| 1977 | $498,550,725 | $1,389,224,693 | +2.71% |
| 1976 | $871,344,245 | $1,222,421,286 | +2.54% |
| 1975 | $757,015,879 | $1,245,436,211 | +2.55% |
| 1974 | $572,504,036 | $1,085,866,066 | +2.63% |
| 1973 | $483,699,611 | $1,077,756,045 | +2.69% |
| 1972 | $447,883,941 | $1,226,805,081 | +2.65% |
| 1971 | $347,039,446 | $1,067,892,506 | +2.65% |
| 1970 | $347,985,394 | $1,045,535,151 | +2.68% |
| 1969 | $306,357,285 | $999,733,290 | +2.66% |
| 1968 | $286,719,885 | $1,017,018,224 | +2.66% |
| 1967 | $271,781,887 | $996,783,740 | +2.66% |
| 1966 | $257,375,897 | $940,886,220 | +2.66% |
| 1965 | $243,725,898 | $862,417,802 | +2.66% |
| 1964 | $229,529,913 | $916,916,392 | +2.65% |
| 1963 | $216,145,936 | $976,592,267 | +2.65% |
| 1962 | $203,531,928 | $949,911,139 | +2.64% |
| 1961 | $191,659,914 | $887,131,873 | +2.63% |
| 1960 | $180,459,937 | $917,045,732 | +2.61% |
Somalia GDP Projections (IMF)
| Year | GDP Nominal (Current USD) | GDP Growth | GDP per capita | Pop. Change |
|---|---|---|---|---|
| 2027 | $16,017,000,000 | 2.7% | $893 | +3.22% |
| 2028 | $17,523,000,000 | 3.2% | $951 | +3.07% |
| 2029 | $19,170,000,000 | 3.6% | $1,012 | +2.99% |
| 2030 | $20,831,000,000 | 3.8% | $1,070 | +3.00% |
| 2031 | $22,716,000,000 | 4.0% | $1,135 | +2.94% |
| Year | GDP PPP | GDP PPP per Capita | PPP Per Capita Change | Pop. Change |
|---|---|---|---|---|
| 2027 | $36,519,000,000 | $2,037 | −2.4% | +3.22% |
| 2028 | $38,468,000,000 | $2,087 | −2.6% | +3.07% |
| 2029 | $40,609,000,000 | $2,144 | −2.8% | +2.99% |
| 2030 | $42,937,000,000 | $2,205 | −2.8% | +3.00% |
| 2031 | $45,426,000,000 | $2,269 | – | +2.94% |
Sources:
- IMF, World Economic Outlook (October 2026).
- World Bank
- National Accounts Data – United Nations Statistics Division
- World Population Prospects: The 2024 Revision – United Nations Population Division