Nominal GDP
$13.00B
current US$ · 2025
World Bank
🇸🇴
Economy Snapshot
Somalia Economy and Trade
MogadishuLocal time
GDP $13.00B · real growth 4.1% · source years shown below
Somalia records $13.00B of nominal GDP in the 2025 observation used here, while real GDP growth is 4.1% in 2024. GDP per capita is $630 for 2024; no comparable CPI observation is inserted where the page has not verified one. Each measure keeps its own reference period below, avoiding a false same-year comparison between series released on different schedules.
GDP per capita
$630
current US$ · 2024
Source listed below
Real GDP growth
4.1%
annual % · 2024
Source listed below
Inflation
Unavailable
CPI annual % · Unavailable
Source listed below
Somalia at a Glance
Each measure keeps its actual reference year and definition.
Output trend
Nominal GDP · annual observations · current US$ · World Bank
2015: $6.15B2016: $6.61B2017: $7.62B2018: $7.87B2019: $8.66B2020: $8.63B2021: $9.48B2022: $10.20B2023: $10.96B2024: $11.97B2025: $13.00B
GDP per capita$630
Real growth4.1%
GDP year2024
2025 Unemployment
18.9%
labor-market measure
2024 GDP per capita
$630
current US$
Macro signals
Available measures are shown with their reported reference periods.
Macro signals
World Bank annual observations
Real growth20244.1%
Unemployment202518.9%
Inflation · UnavailableUnavailable
Understand the numbers
What Somalia's economic profile is telling you
Somalia's latest completed World Bank GDP observation is $11.97 billion for 2024, with real growth of 4.1 percent. Modeled unemployment is a 2025 observation at 18.9 percent. The World Bank country profile does not provide a comparable CPI value, so inflation remains unavailable.
Reading the macro data
Nominal GDP measures current-dollar size. Real growth, inflation and unemployment describe different economic conditions and can have different reference years.
Reading the trade data
Merchandise trade covers goods. A balance appears only when exports and imports have a verified matching year and currency basis.
Detailed Economic Data
| Indicator | Somalia | Reference period | Status |
|---|---|---|---|
| GDPcurrent US$ | $13.00B | 2025 | Actual |
| GDP per capitacurrent US$ | $630 | 2024 | Actual |
| Real GDP growthannual % | 4.1% | 2024 | Actual |
| InflationCPI annual % | Unavailable | Unavailable | Unavailable |
| Unemploymentmodeled ILO estimate | 18.9% | 2025 | Estimate |
| Merchandise balancematched year required | Not calculated | Unavailable | Unavailable |
Frequently Asked Questions
What is Somalia's latest GDP?
The latest World Bank nominal GDP observation used here is $13.00B for 2025 in current US dollars.
What does merchandise trade show for Somalia?
A matched merchandise export and import pair was not independently resolved on this page, so no goods balance is calculated.
Sources & methodology
Sources for the economic indicators and definitions shown above.
View sources used for this page
Core macroeconomic indicators with explicit reference years.
Official data: GDP · GDP per capita · Real growth · Inflation · Unemployment
Matched-year merchandise trade where independently resolved.
Official data: WTO economy profiles