Flag of Somalia

Somalia Economic Indicators

Latest economic indicators and statistics for Somalia.

Indicator Current Value Previous Value Frequency Period
GDP $12.11B $10.97B Yearly 2024
GDP Annual Growth Rate 3.97% 4.22% Yearly 2024
GDP per Capita $467.09 $465.16 Yearly 2024
GDP per Capita PPP $1,408.28 $1,402.47 Yearly 2024
Real GDP $8.88B $8.54B Yearly 2024
Annual Unemployment Rate 18.86% 18.94% Yearly 2024
Female Labor Force Rate 20.94% 20.94% Yearly 2024
Exports (% GDP) 20.02% 19.73% Yearly 2024
FDI Inflows (% GDP) 6.17% 6.23% Yearly 2023
Imports (% GDP) 74.34% 72.95% Yearly 2024
Trade (% GDP) 94.36% 92.69% Yearly 2024
Private Credit (% GDP) 0% 0% Yearly 2024
Adult Literacy Rate 54% 5.4% Yearly 2022
Happiness Index 4.35 points 4.67 points Yearly 2024
Population 19.01M 18.36M Yearly 2024
Primary Enrollment Rate 21.2% 8.45% Yearly 2023
Agricultural Land (%) 70.34% 70.34% Yearly 2022
Annual CO2 Emissions 557,614 tonnes 560,329 tonnes Yearly 2023
Forest Area (%) 9.29% 9.41% Yearly 2022
Corruption Control -1.73 points -1.79 points Yearly 2023
Political stability index -2.38 points -2.43 points Yearly 2023
Infant Mortality Rate 67.8 89.9 Yearly 2023
Life Expectancy 58.82 53.93 Yearly 2023
Electricity Access 50.3% 48.9% Yearly 2023
Internet Users 27.6% 15% Yearly 2022