Somalia
Headline economic indicators for Somalia, with the most recent official readings.
- GDP growth rate 3.0% -1.12 (-27.2%) 2025
- Unemployment rate 18.9% -0.00 (-0.0%) 2025
- Government debt to GDP 12.7% -30.72 (-70.8%) 2024
Prices
| Indicator | Value | Change | Trend |
|---|---|---|---|
| GDP deflator inflation · | 12.9% | +4.45 (+52.8%) |
GDP
| Indicator | Value | Change | Trend |
|---|---|---|---|
| GDP growth rate · | 3.0% | -1.12 (-27.2%) | |
| GDP per capita · | 661.17 | +31.63 (+5.0%) | |
| GDP · | 12,995,200,000.27 | +1,028,200,000 (+8.6%) | |
| GDP, PPP · | 32,288,221,931 | +1,792,008,968 (+5.9%) | |
| GDP per capita, PPP · | 1,643 | +38.48 (+2.4%) | |
| GDP per capita growth · | -0.4% | -0.94 (-171.4%) | |
| GNI per capita · | 640 | +20.00 (+3.2%) | |
| Agriculture to GDP · | 55.8% | -0.39 (-0.7%) | |
| Industry to GDP · | 9.7% | +2.33 (+31.8%) | |
| Manufacturing to GDP · | 3.9% | -0.08 (-2.0%) | |
| Household consumption to GDP · | 133.3% | -0.03 (-0.0%) | |
| Gross capital formation to GDP · | 28.1% | +1.37 (+5.1%) |
Labour
| Indicator | Value | Change | Trend |
|---|---|---|---|
| Unemployment rate · | 18.9% | -0.00 (-0.0%) | |
| Labour force participation rate · | 33.8% | -0.05 (-0.2%) | |
| Female labour force participation rate · | 20.7% | -0.02 (-0.1%) | |
| Youth unemployment rate · | 34.2% | +0.09 (+0.3%) | |
| Employment to population ratio · | 27.4% | -0.04 (-0.2%) | |
| Employment in agriculture · | 30.0% | -0.26 (-0.8%) | |
| Employment in industry · | 17.8% | +0.03 (+0.1%) | |
| Employment in services · | 52.2% | +0.23 (+0.4%) |
Money
| Indicator | Value | Change | Trend |
|---|---|---|---|
| Real interest rate · | -18.5% | -12.52 (-210.7%) | |
| Broad money to GDP · | 26.1% | +5.20 (+24.9%) | |
| Private sector credit to GDP · | 5.4% | +0.36 (+7.1%) | |
| Lending rate · | 33.7% | +11.67 (+53.0%) | |
| Bank deposit rate · | 25.0% | +4.38 (+21.2%) | |
| Bank nonperforming loans · | 2.6% | -0.05 (-1.7%) | |
| Official exchange rate · | 23,097.99 | +36.20 (+0.2%) |
Trade
| Indicator | Value | Change | Trend |
|---|---|---|---|
| Exports to GDP · | 29.2% | -1.96 (-6.3%) | |
| Imports to GDP · | 98.8% | -0.30 (-0.3%) | |
| Trade to GDP · | 128.1% | -2.26 (-1.7%) | |
| Exports of goods and services · | 3,800,899,999.87 | +65,900,000 (+1.8%) | |
| Imports of goods and services · | 12,841,200,000.6 | +980,200,001 (+8.3%) | |
| Foreign direct investment to GDP · | 6.4% | +0.03 (+0.4%) | |
| Remittances received to GDP · | 3.0% | +0.38 (+14.9%) | |
| Total reserves, including gold · | 23,109,678.98 | -77,842 (-0.3%) | |
| External debt to GNI · | 14.9% | -13.40 (-47.3%) |
Government
| Indicator | Value | Change | Trend |
|---|---|---|---|
| Government debt to GDP · | 12.7% | -30.72 (-70.8%) | |
| Government revenue to GDP · | 3.1% | +0.08 (+2.6%) | |
| Government expense to GDP · | 6.3% | +0.87 (+15.8%) | |
| Tax revenue to GDP · | 2.2% | +0.17 (+8.2%) | |
| Government budget balance to GDP · | 0.2% | -15.53 (-99.0%) | |
| Government consumption to GDP · | 8.1% | +0.33 (+4.3%) | |
| Education spending to GDP · | 0.0% | +0.00 (+14.3%) | |
| Health spending to GDP · | 3.7% | +0.90 (+31.5%) |
Demography
| Indicator | Value | Change | Trend |
|---|---|---|---|
| Population · | 19,654,739 | +645,588 (+3.4%) | |
| Population growth · | 3.3% | -0.14 (-4.1%) | |
| Life expectancy · | 59.0 | +0.15 (+0.3%) | |
| Fertility rate · | 6.01 | -0.12 (-1.9%) | |
| Birth rate · | 42.3 | -0.62 (-1.4%) | |
| Death rate · | 9.7 | -0.09 (-1.0%) | |
| Urban population share · | 55.1% | +0.52 (+1.0%) | |
| Population aged 65 and over · | 2.6% | +0.03 (+1.0%) | |
| Under-five mortality rate · | 101.1 | -3.20 (-3.1%) | |
| Population density · | 30.3 | +1.04 (+3.5%) | |
| Net migration · | 12,077 | -14,782 (-55.0%) |
Economies nearby
Comparable readings from neighbouring economies.