Somalia Trade to GDP Ratio 1960-2024
Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
- Somalia trade to gdp ratio for 2023 was 94.58%, a 1.26% decline from 2022.
- Somalia trade to gdp ratio for 2022 was 95.84%, a 13.76% increase from 2021.
- Somalia trade to gdp ratio for 2021 was 82.08%, a 6.07% increase from 2020.
- Somalia trade to gdp ratio for 2020 was 76.01%, a 6.44% increase from 2019.
| Somalia Trade to GDP Ratio - Historical Data |
| Year |
Trade (% of GDP) |
Annual Change |
| 2023 |
94.58% |
-1.26% |
| 2022 |
95.84% |
13.76% |
| 2021 |
82.08% |
6.07% |
| 2020 |
76.01% |
6.44% |
| 2019 |
69.57% |
-5.82% |
| 2018 |
75.39% |
7.31% |
| 2017 |
68.08% |
-3.11% |
| 2016 |
71.19% |
-0.76% |
| 2015 |
71.94% |
-4.57% |
| 2014 |
76.51% |
-0.66% |
| 2013 |
77.17% |
34.90% |
| 1990 |
42.26% |
-6.36% |
| 1989 |
48.62% |
21.95% |
| 1988 |
26.67% |
-10.90% |
| 1987 |
37.56% |
0.66% |
| 1986 |
36.90% |
11.25% |
| 1985 |
25.66% |
-50.09% |
| 1984 |
75.75% |
-20.36% |
| 1983 |
96.11% |
2.12% |
| 1982 |
94.00% |
0.83% |
| 1981 |
93.17% |
-28.72% |
| 1980 |
121.88% |
21.91% |
| 1979 |
99.98% |
17.97% |
| 1978 |
82.01% |
2.53% |
| 1977 |
79.48% |
48.09% |
| 1976 |
31.39% |
-5.56% |
| 1975 |
36.95% |
-9.98% |
| 1974 |
46.92% |
4.17% |
| 1973 |
42.75% |
8.98% |
| 1972 |
33.78% |
2.13% |
| 1971 |
31.65% |
5.46% |
| 1970 |
26.19% |
-13.45% |
| 1969 |
39.64% |
3.23% |
| 1968 |
36.41% |
0.51% |
| 1967 |
35.90% |
-1.63% |
| 1966 |
37.53% |
-0.26% |
| 1965 |
37.79% |
-8.63% |
| 1964 |
46.42% |
4.57% |
| 1963 |
41.84% |
1.53% |
| 1962 |
40.31% |
1.23% |
| 1961 |
39.08% |
9.22% |
| 1960 |
29.86% |
9.22% |
