GDP (IMF) — all countries

GDP (IMF) — Somalia

GDP (IMF) in Somalia in 2031 — 22 bn US$. Ranked 139 in the world out of 188. Since 2011, the indicator has risen by 337.9%.

2031 22 bn US$ +10.78% vs 2030
World rank 139of 188
Period maximum 22 bn US$2031
Period minimum 5 bn US$2011

Trend over time

2011–2031 · billion US$

GDP (IMF) — Somalia, 2011–20310102030201120132015201720192021202320252027202920312011: 5 bn US$2012: 5.2 bn US$2013: 5.9 bn US$2014: 6.4 bn US$2015: 6.8 bn US$2016: 7.4 bn US$2017: 8.3 bn US$2018: 7.9 bn US$2019: 8.7 bn US$2020: 8.6 bn US$2021: 9.5 bn US$2022: 10.2 bn US$2023: 11 bn US$2024: 12.2 bn US$2025: 13 bn US$2026: 14.2 bn US$2027: 15.5 bn US$2028: 16.9 bn US$2029: 18.3 bn US$2030: 19.9 bn US$2031: 22 bn US$
Change over the period: +17 (+337.89%) Average annual rate: 7.66 %

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Somalia

Somalia 22 bn US$
World computed 157,296.9 bn US$
Sub-Saharan Africa computed 3,463.3 bn US$
Eastern Africa computed 1,033.3 bn US$
Low-income countries computed 1,041.6 bn US$
GDP (IMF) — Somalia, by year Somalia All countries CSV XLSX
Year bn US$ Change Change, %
2031 22 +2.1 +10.78%
2030 19.9 +1.5 +8.23%
2029 18.3 +1.5 +8.69%
2028 16.9 +1.3 +8.6%
2027 15.5 +1.4 +9.63%
2026 14.2 +1.2 +9.4%
2025 13 +0.8 +6.54%
2024 12.2 +1.2 +10.87%
2023 11 +0.8 +7.51%
2022 10.2 +0.7 +7.58%
2021 9.5 +0.9 +9.92%
2020 8.6 −0 −0.31%
2019 8.7 +0.8 +9.93%
2018 7.9 −0.4 −4.59%
2017 8.3 +0.9 +11.65%
2016 7.4 +0.6 +8.04%
2015 6.8 +0.4 +6.18%
2014 6.4 +0.6 +9.78%
2013 5.9 +0.7 +13.24%
2012 5.2 +0.2 +3.21%
2011 5

About the indicator

Gross domestic product in current prices, in billions of US dollars, from the IMF World Economic Outlook database. It differs from the World Bank series in the method of conversion into dollars and in that the most recent years are estimates while the next five are IMF projections. That makes the series convenient for planning, but part of the values are calculations rather than facts.

Important: Values for the current and following years are IMF estimates and projections; they are revised with every WEO release, in April and October.

Source: World Economic Outlook (IMF), license IMF open data.