Somalia 2018
Detailed economic analysis and indicators for 2018
Key Economic Indicators (2018)
GDP (Current USD)
$7.87 billion
↑ 3.31% vs 2017GDP per Capita
$509.53
↓ 0.28% vs 2017GDP Growth (Annual %)
2.05%
↓ 12.68pp vs 2017Inflation Rate (CPI %)
N/A
Year-over-Year Comparison
| Indicator | 2017 | 2018 | Change |
|---|---|---|---|
| GDP (Current USD) | $7.62 billion | $7.87 billion | +3.31% |
| GDP per Capita | $510.94 | $509.53 | -0.28% |
| GDP Growth (Annual %) | 14.74% | 2.05% | -12.68pp |
| Inflation (CPI %) | N/A | N/A | N/A |
| Unemployment Rate (%) | 18.52% | 18.74% | +0.22pp |
All Economic Indicators (2018)
National Accounts
- GDP (Current USD)
- $7.87 billion
- GDP per Capita
- $509.53
- GDP Growth (Annual %)
- 2.05%
- Gross National Income
- $7.84 billion
Prices & Employment
- Inflation (CPI %)
- N/A
- Inflation (GDP Deflator %)
- 4.98%
- Unemployment Rate (%)
- 18.74%
- 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 2018, Somalia's Gross Domestic Product (GDP) is $7.87 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Somalia for 2018 is $509.53. GDP per capita is calculated by dividing the country's GDP by its population.
Somalia's annual GDP growth rate for 2018 is 2.05%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Somalia for 2018 is 18.74%. This represents the percentage of the labor force that is unemployed and actively seeking employment.