The Gross Domestic Product (GDP) in Somalia was worth 12.11 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Somalia represents 0.01 percent of the world economy. source: World Bank
GDP in Somalia averaged 2.78 USD Billion from 1960 until 2024, reaching an all time high of 12.11 USD Billion in 2024 and a record low of 0.18 USD Billion in 1960. This page provides - Somalia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Somalia GDP - values, historical data and charts - was last updated on February of 2026.
GDP in Somalia is expected to reach 12.50 USD Billion by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Somalia GDP is projected to trend around 12.94 USD Billion in 2027 and 13.43 USD Billion in 2028, according to our econometric models.