πΈπ΄ Somalia
SO / SOM #43
Nomad Score
37.0
Cities
7
Region
African Union,
Arab League,
Arab World,
Horn of Africa,
Africa,
Africa,
Eastern Africa,
Least Developed Countries
Currency
SOS
π KEY INDICATORS
GDP per capita (PPP) (2030)
$2,091
GDP (2030)
$18.7B
GDP Growth (2030)
4.1%
β
Inflation (2030)
3.0%
β
Unemployment (2025)
19.0%
β
Population (2030)
19.5M
Pop. Growth (2030)
2.8%
β
Govt Debt (2024)
0.0% of GDP
Current Account (2030)
-10.1% of GDP
FDI Inflows (2024)
$765.0M
Life Expectancy (2023)
58.8 yrs
Health Spending (2023)
3.7% of GDP
Internet Users (2022)
27.6%
Mobile Subs (2023)
54.0/100
Trade Openness (2024)
130.3% of GDP
Exchange Rate (2017)
23,097.99/USD
π° GDP OVERVIEW
π€ GDP PER CAPITA (PPP)
π INFLATION (CPI)
π· UNEMPLOYMENT
π₯ POPULATION
π FISCAL & TRADE
Govt Debt (2024)
0.0% of GDP
Current Account (2030)
-10.1% of GDP
FDI Inflows (2024)
$765.0M
π’ BUSINESS ENVIRONMENT
New Business Density (2022)
0.31/1k
Tax Revenue (2024)
0.0% of GDP
π HISTORICAL DATA
| Year | GDP | GDP/cap PPP | Growth | Inflation | Unemp. | Population | Gini | Debt | Curr. Acct | FDI | Life Exp. | Health | Internet | FX Rate |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2030 * | $18.7B | $2,091 | 4.1% | 3.0% | - | 19.5M | - | - | -10.1% | - | - | - | - | - |
| 2029 * | $17.4B | $2,001 | 4.0% | 3.0% | - | 18.9M | - | - | -10.5% | - | - | - | - | - |
| 2028 * | $16.2B | $1,912 | 3.8% | 3.2% | - | 18.4M | - | - | -9.7% | - | - | - | - | - |
| 2027 * | $15.0B | $1,824 | 3.6% | 3.4% | - | 17.9M | - | - | -8.6% | - | - | - | - | - |
| 2026 * | $13.9B | $1,734 | 3.3% | 3.5% | - | 17.4M | - | - | -8.8% | - | - | - | - | - |
| 2025 | $12.9B | $1,659 | 3.0% | 3.6% | 19.0% | 17.0M | - | - | -9.5% | - | - | - | - | - |
| 2024 | $12.2B | $1,602 | 4.1% | 5.5% | 19.0% | 16.5M | - | 0.0% | -9.2% | $765.0M | - | - | - | - |
| 2023 | $11.0B | $1,556 | 4.2% | 6.2% | 19.0% | 16.1M | - | - | -8.9% | $676.5M | 58.8 | 3.7% | - | - |
| 2022 | $10.2B | $1,486 | 2.7% | 6.8% | 19.1% | 15.6M | - | 0.0% | -8.6% | $636.0M | 53.9 | 2.9% | 27.6% | - |
| 2021 | $9.5B | $1,392 | 3.5% | 4.6% | 19.7% | 15.2M | - | 0.0% | -7.1% | $601.0M | 55.7 | 2.7% | - | - |
| 2020 | $8.6B | $1,454 | -2.8% | 4.1% | 19.4% | 14.8M | - | - | -4.7% | $534.0M | 57.1 | 2.5% | 15.0% | - |
| 2019 | $8.7B | $1,548 | 2.8% | 4.7% | 18.8% | 14.4M | - | - | -9.7% | $447.0M | 57.3 | 2.4% | - | - |
| 2018 | $7.9B | $1,552 | 1.4% | 4.3% | 18.7% | 14.0M | - | - | -3.2% | $408.0M | 54.8 | 2.5% | - | - |
| 2017 | $8.3B | $1,597 | 9.5% | 4.0% | 18.5% | 13.6M | - | - | -3.6% | $369.0M | 52.2 | 2.4% | 2.0% | 23,097.99 |
| 2016 | $7.4B | $1,469 | -1.3% | 0.0% | 18.6% | 13.2M | - | - | -5.5% | $330.0M | 55.3 | 2.3% | 1.9% | 23,061.78 |
| 2015 | $6.8B | $1,341 | 4.6% | 0.9% | 18.5% | 12.9M | - | - | -2.1% | $303.0M | 55.1 | 2.9% | 1.8% | 22,254.24 |
| 2014 | $6.4B | $1,128 | 2.7% | 1.3% | 18.6% | 12.5M | - | - | -2.3% | $261.0M | 54.4 | 3.0% | 1.6% | 20,230.93 |
| 2013 | $5.9B | $944 | 5.7% | 2.8% | 18.7% | 12.2M | - | - | -6.3% | $258.0M | 54.0 | 3.4% | 1.5% | 19,283.80 |
| 2012 | $5.2B | $1,003 | 1.2% | - | 18.8% | 11.8M | - | - | - | $107.3M | 49.1 | - | 1.4% | 22,516.00 |
| 2011 | $5.0B | $881 | 6.7% | - | 18.8% | 12.3M | - | - | - | $102.0M | 32.5 | - | 1.3% | 29,966.84 |
| 2010 | $2.7B | $815 | 6.7% | - | 18.7% | 12.3M | - | - | - | $112.0M | 48.9 | - | - | 31,269.66 |
| 2009 | $2.9B | $774 | 6.7% | - | 18.7% | 12.0M | - | - | - | $108.0M | 52.1 | - | 1.2% | 31,558.91 |
| 2008 | $5.9B | $739 | 6.7% | - | 18.7% | 11.7M | - | - | - | $87.0M | 51.5 | - | 1.1% | - |
| 2007 | $5.4B | $700 | 6.7% | - | 18.7% | 11.3M | - | - | - | $141.0M | 50.9 | - | 1.1% | - |
| 2006 | $5.0B | $659 | 6.5% | - | 18.7% | 11.0M | - | - | - | $96.0M | 50.9 | - | 1.1% | - |
| 2005 | $4.7B | $619 | 7.1% | - | 18.7% | 10.6M | - | - | - | $24.0M | 50.9 | - | 1.1% | - |
π§ CONTINUE EXPLORING SOMALIA