Share of world GDP — all countries

Share of world GDP — Somalia

Share of world GDP in Somalia in 2031 — 0.016%. Ranked 141 in the world out of 189. Since 2011, the indicator has fallen by 0.004 pp.

2031 0.016% +0 pp vs 2030
World rank 141of 189
Period maximum 0.021%2017
Period minimum 0.015%2021

Trend over time

2011–2031 · % of world GDP

Share of world GDP — Somalia, 2011–20310.0140.0160.0180.020.022201120132015201720192021202320252027202920312011: 0.02%2012: 0.02%2013: 0.02%2014: 0.02%2015: 0.02%2016: 0.02%2017: 0.021%2018: 0.018%2019: 0.018%2020: 0.017%2021: 0.015%2022: 0.015%2023: 0.015%2024: 0.015%2025: 0.015%2026: 0.015%2027: 0.015%2028: 0.015%2029: 0.015%2030: 0.016%2031: 0.016%
Change over the period: −0.004 pp Annual average: 0 pp

Comparison, 2031

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

Somalia 0.016%
World computed 99.592%
Sub-Saharan Africa computed 3.977%
Eastern Africa computed 1.112%
Low-income countries computed 1.009%
Share of world GDP — Somalia, by year Somalia All countries CSV XLSX
Year % Change, pp
2031 0.016 +0 pp
2030 0.016 +0.001 pp
2029 0.015 +0 pp
2028 0.015 +0 pp
2027 0.015 +0 pp
2026 0.015 +0 pp
2025 0.015 +0 pp
2024 0.015 +0 pp
2023 0.015 +0 pp
2022 0.015 +0 pp
2021 0.015 −0.002 pp
2020 0.017 −0.001 pp
2019 0.018 +0 pp
2018 0.018 −0.003 pp
2017 0.021 +0.001 pp
2016 0.02 +0 pp
2015 0.02 +0 pp
2014 0.02 +0 pp
2013 0.02 +0 pp
2012 0.02 +0 pp
2011 0.02

About the indicator

A country's share of world gross product measured at purchasing power parity. This is the indicator used when speaking of the shift of economic weight between regions: at PPP the shares look different than at market exchange rates — the weight of China and India is markedly higher, that of advanced countries lower, because prices for non-traded services are lower in poorer countries. The IMF series runs with a forecast several years ahead.

Important: The only indicator in the section where the sum over a group of countries has a direct meaning: the shares add up, and for a group the result is its weight in the world economy. The whole world should come to one hundred percent.

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