Somalia 2017
Detailed economic analysis and indicators for 2017
Key Economic Indicators (2017)
GDP (Current USD)
$7.62 billion
↑ 15.24% vs 2016GDP per Capita
$510.94
↑ 10.85% vs 2016GDP Growth (Annual %)
14.74%
↑ 7.70pp vs 2016Inflation Rate (CPI %)
N/A
Year-over-Year Comparison
| Indicator | 2016 | 2017 | Change |
|---|---|---|---|
| GDP (Current USD) | $6.61 billion | $7.62 billion | +15.24% |
| GDP per Capita | $460.93 | $510.94 | +10.85% |
| GDP Growth (Annual %) | 7.03% | 14.74% | +7.70pp |
| Inflation (CPI %) | N/A | N/A | N/A |
| Unemployment Rate (%) | 18.58% | 18.52% | -0.05pp |
All Economic Indicators (2017)
National Accounts
- GDP (Current USD)
- $7.62 billion
- GDP per Capita
- $510.94
- GDP Growth (Annual %)
- 14.74%
- Gross National Income
- $7.59 billion
Prices & Employment
- Inflation (CPI %)
- N/A
- Inflation (GDP Deflator %)
- 0.60%
- Unemployment Rate (%)
- 18.52%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2017, Somalia's Gross Domestic Product (GDP) is $7.62 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Somalia for 2017 is $510.94. GDP per capita is calculated by dividing the country's GDP by its population.
Somalia's annual GDP growth rate for 2017 is 14.74%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Somalia for 2017 is 18.52%. This represents the percentage of the labor force that is unemployed and actively seeking employment.