Somalia 2019
Detailed economic analysis and indicators for 2019
Key Economic Indicators (2019)
GDP (Current USD)
$8.66 billion
↑ 9.93% vs 2018GDP per Capita
$539.89
↑ 5.96% vs 2018GDP Growth (Annual %)
2.82%
↑ 0.77pp vs 2018Inflation Rate (CPI %)
N/A
Year-over-Year Comparison
| Indicator | 2018 | 2019 | Change |
|---|---|---|---|
| GDP (Current USD) | $7.87 billion | $8.66 billion | +9.93% |
| GDP per Capita | $509.53 | $539.89 | +5.96% |
| GDP Growth (Annual %) | 2.05% | 2.82% | +0.77pp |
| Inflation (CPI %) | N/A | N/A | N/A |
| Unemployment Rate (%) | 18.74% | 18.83% | +0.09pp |
All Economic Indicators (2019)
National Accounts
- GDP (Current USD)
- $8.66 billion
- GDP per Capita
- $539.89
- GDP Growth (Annual %)
- 2.82%
- Gross National Income
- $8.62 billion
Prices & Employment
- Inflation (CPI %)
- N/A
- Inflation (GDP Deflator %)
- 11.86%
- Unemployment Rate (%)
- 18.83%
- 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 2019, Somalia's Gross Domestic Product (GDP) is $8.66 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Somalia for 2019 is $539.89. GDP per capita is calculated by dividing the country's GDP by its population.
Somalia's annual GDP growth rate for 2019 is 2.82%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Somalia for 2019 is 18.83%. This represents the percentage of the labor force that is unemployed and actively seeking employment.