Economy

Somalia

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GDP per capita19602024
62.720434648863019602024
Source: World Bank WDI
Private credit (% of GDP)19601989
2.429.5916.823.931.119601989
Source: WB GFDD
IndicatorValue
GDP (nominal)12,000,000,000 US$World Bank WDI [2024]
GDP (PPP)30,500,000,000 US$World Bank WDI [2024]
GDP growth4.11 %World Bank WDI [2024]
GDP per capita630 US$World Bank WDI [2024]
Inflation (CPI)No authoritative open source found
Unemployment18.9 %World Bank WDI [2025]
Exports of goods & services3,740,000,000 US$World Bank WDI [2024]
Imports of goods & services11,900,000,000 US$World Bank WDI [2024]
Agriculture (% GDP)55.8 %World Bank WDI [1990]
Industry (% GDP)9.66 %World Bank WDI [1986]
Services (% GDP)No authoritative open source found
Industrieslight industries, including sugar refining, textiles, wireless communicationCIA World Factbook [2025] · 2026 archive
Agricultural productscamel milk, milk, goat milk, sheep milk, sugarcane, fruits, sorghum, cassava, vegetables, maize (2023); note: top ten agricultural products based on tonnageCIA World Factbook [2025] · 2026 archive
Export commoditiessheep and goats, gold, postage stamps/documents, other animals, cattle (2023); note: top five export commodities based on value in dollarsCIA World Factbook [2025] · 2026 archive
Export partnersUAE 35%, Saudi Arabia 27%, Oman 18%, Djibouti 8%, India 3% (2023); note: top five export partners based on percentage share of exportsCIA World Factbook [2025] · 2026 archive
Import partnersUAE 29%, China 19%, India 15%, Turkey 8%, Oman 5% (2023); note: top five import partners based on percentage share of importsCIA World Factbook [2025] · 2026 archive
Gini indexNo authoritative open source found
GDP per capita (1913)No authoritative open source found
Leading mineral commoditysalt (300 tonnes (metric), 2023)BGS World Mineral Statistics [2023]
Wealth share of top 10%0.61 %World Inequality Database [2024]
Wealth share of top 1%0.265 %World Inequality Database [2024]
Gini (WID)1 indexWorld Inequality Database [2024]
Top export partnersSaudi Arabia (69.2%) / India (6.8%) / Qatar (4.4%) / Türkiye (4.2%) / Bahrain (3.2%)CEPII BACI [2024]
Top import partnersChina (30.3%) / India (25.1%) / Türkiye (11.1%) / Brazil (4.8%) / Kenya (4.1%)CEPII BACI [2024]
Top agricultural productsMilk, Total / Raw milk of camel / Raw milk of cattle / Raw milk of goats / Raw milk of sheepFAOSTAT [2024]
Bank assets (% of GDP)No authoritative open source found
Private credit (% of GDP)16 %WB GFDD [1989]
Stock market capitalization (% of GDP)No authoritative open source found
Financial account ownership38.7 %WB Findex [2014]
Mobile-money accountNo authoritative open source found
Borrowed from a bank2.11 %WB Findex [2014]
Poverty headcount ($2.15/day)No authoritative open source found
Poverty headcount ($6.85/day)No authoritative open source found

Section metadata

Data year2025
EditionDatabook 2026
Coverage24/33
LicenseCC-BY
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Datasets on this page
  • World Bank WDI
    world_bank_wdi
    Edition: 2024
  • CIA World Factbook
    cia_factbook
    Edition: 2025
  • BGS World Mineral Statistics
    bgs_world_minerals
    Edition: 2023
  • World Inequality Database
    world_inequality_database
    Edition: 2026
  • CEPII BACI
    cepii_baci_trade
    Edition: 2026
  • FAOSTAT
    faostat
    Edition: 2026
  • WB GFDD
    world_bank_gfdd
    Edition: 2022
  • WB Findex
    world_bank_global_findex
    Edition: 2025
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About this data

Somalia's economy on Databook compiles 24 indicators from 8 open datasets including World Bank WDI, CIA World Factbook, BGS World Mineral Statistics. Key figures include gdp (nominal) (12,000,000,000 US$), gdp (ppp) (30,500,000,000 US$). Data is referenced to 2025. Every value carries its source and publication year, published under open licenses.