Somalia GDP Growth Rate 1961-2022

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.
  • Somalia gdp growth rate for 2021 was 3.33%, a 0.89% increase from 2020.
  • Somalia gdp growth rate for 2020 was 2.44%, a 5.64% decline from 2019.
  • Somalia gdp growth rate for 2019 was 8.08%, a 0.4% increase from 2018.
  • Somalia gdp growth rate for 2018 was 7.68%, a 5.09% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name GDP Growth (%)
Rwanda 10.88%
Tajikistan 9.20%
Burkina Faso 6.91%
Benin 6.60%
Senegal 6.06%
Zimbabwe 5.85%
Democratic Republic of Congo 5.71%
Ethiopia 5.64%
Gambia 5.63%
Togo 5.26%
Madagascar 4.40%
Tanzania 4.28%
Nepal 4.25%
Liberia 4.00%
Guinea-Bissau 3.80%
Uganda 3.38%
Somalia 3.33%
Guinea 3.12%
Mali 3.07%
Sierra Leone 3.05%
Malawi 2.75%
Comoros 2.35%
Mozambique 2.22%
Burundi 1.80%
Niger 1.35%
Central African Republic 0.90%
Chad -1.20%
Haiti -1.80%
Yemen -2.06%
Somalia GDP Growth Rate - Historical Data
Year GDP Growth (%) Annual Change
2021 3.33% 0.89%
2020 2.44% -5.64%
2019 8.08% 0.40%
2018 7.68% 5.09%
2017 2.59% -5.81%
2016 8.40% -6.50%
2015 14.90% 7.39%
2014 7.51% 8.99%
1990 -1.48% -1.31%
1989 -0.18% 0.38%
1988 -0.55% -5.65%
1987 5.10% 1.74%
1986 3.35% -4.80%
1985 8.15% 4.60%
1984 3.55% 12.31%
1983 -8.75% -12.83%
1982 4.07% -1.59%
1981 5.66% 9.56%
1980 -3.90% -1.19%
1979 -2.71% -6.44%
1978 3.73% -19.58%
1977 23.31% 24.32%
1976 -1.02% -31.09%
1975 30.07% 48.34%
1974 -18.27% -16.32%
1973 -1.95% -12.05%
1972 10.10% 7.47%
1971 2.63% -1.95%
1970 4.58% 6.28%
1969 -1.70% -3.73%
1968 2.03% -3.91%
1967 5.94% -3.16%
1966 9.10% 15.04%
1965 -5.94% 0.17%
1964 -6.11% -8.92%
1963 2.81% -4.27%
1962 7.08% 10.34%
1961 -3.26% 10.34%