Somalia 2022
Detailed economic analysis and indicators for 2022
Key Economic Indicators (2022)
GDP (Current USD)
$10.20 billion
↑ 7.58% vs 2021GDP per Capita
$573.13
↑ 4.37% vs 2021GDP Growth (Annual %)
2.73%
↓ 0.73pp vs 2021Inflation Rate (CPI %)
N/A
Year-over-Year Comparison
| Indicator | 2021 | 2022 | Change |
|---|---|---|---|
| GDP (Current USD) | $9.48 billion | $10.20 billion | +7.58% |
| GDP per Capita | $549.11 | $573.13 | +4.37% |
| GDP Growth (Annual %) | 3.46% | 2.73% | -0.73pp |
| Inflation (CPI %) | N/A | N/A | N/A |
| Unemployment Rate (%) | 19.66% | 19.05% | -0.61pp |
All Economic Indicators (2022)
National Accounts
- GDP (Current USD)
- $10.20 billion
- GDP per Capita
- $573.13
- GDP Growth (Annual %)
- 2.73%
- Gross National Income
- $10.16 billion
Prices & Employment
- Inflation (CPI %)
- N/A
- Inflation (GDP Deflator %)
- 7.91%
- Unemployment Rate (%)
- 19.05%
- 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 2022, Somalia's Gross Domestic Product (GDP) is $10.20 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Somalia for 2022 is $573.13. GDP per capita is calculated by dividing the country's GDP by its population.
Somalia's annual GDP growth rate for 2022 is 2.73%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Somalia for 2022 is 19.05%. This represents the percentage of the labor force that is unemployed and actively seeking employment.