Somalia 2021
Detailed economic analysis and indicators for 2021
Key Economic Indicators (2021)
GDP (Current USD)
$9.48 billion
↑ 9.92% vs 2020GDP per Capita
$549.11
↑ 5.97% vs 2020GDP Growth (Annual %)
3.46%
↑ 6.21pp vs 2020Inflation Rate (CPI %)
N/A
Year-over-Year Comparison
| Indicator | 2020 | 2021 | Change |
|---|---|---|---|
| GDP (Current USD) | $8.63 billion | $9.48 billion | +9.92% |
| GDP per Capita | $518.18 | $549.11 | +5.97% |
| GDP Growth (Annual %) | -2.75% | 3.46% | +6.21pp |
| Inflation (CPI %) | N/A | N/A | N/A |
| Unemployment Rate (%) | 19.41% | 19.66% | +0.25pp |
All Economic Indicators (2021)
National Accounts
- GDP (Current USD)
- $9.48 billion
- GDP per Capita
- $549.11
- GDP Growth (Annual %)
- 3.46%
- Gross National Income
- $9.44 billion
Prices & Employment
- Inflation (CPI %)
- N/A
- Inflation (GDP Deflator %)
- 7.39%
- Unemployment Rate (%)
- 19.66%
- 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 2021, Somalia's Gross Domestic Product (GDP) is $9.48 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Somalia for 2021 is $549.11. GDP per capita is calculated by dividing the country's GDP by its population.
Somalia's annual GDP growth rate for 2021 is 3.46%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Somalia for 2021 is 19.66%. This represents the percentage of the labor force that is unemployed and actively seeking employment.