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Economy of Somalia

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Overview Economy Population Trade Government Finance Society Environment

GDP Composition by Industry

60.2% 10.6% 9.4% 12.5%
  • Agriculture, forestry & fishing: 60.2%
  • Mining, manufacturing & utilities: 3.2%
  • Construction: 4.2%
  • Trade, restaurants & hotels: 10.6%
  • Transport & communication: 9.4%
  • Finance, real estate & other services: 12.5%
Show table
Agriculture, forestry & fishing
60.2%
Mining, manufacturing & utilities
3.2%
Construction
4.2%
Trade, restaurants & hotels
10.6%
Transport & communication
9.4%
Finance, real estate & other services
12.5%

Share of total gross value added by industry.
Source: UN National Accounts, 2024.

GDP

GDP (USD) 14.2B #144 / 190 2026
GDP (Local currency - SOS) 14.2B - 2026
Real GDP (Local currency - SOS) 11.7B - 2026
PPP GDP (Int$) 34.1B #146 / 191 2026
GNI (USD) 11.9B #149 / 210 2024

GDP per Capita

GDP per Capita (USD) 813 #183 / 190 2026
GDP per Capita (Local currency - SOS) 813 - 2026
Real GDP per Capita (Local currency - SOS) 671 - 2026
PPP GDP per Capita (Int$) 1,956 #185 / 191 2026
GNI per Capita (USD) 627 #200 / 210 2024

Economic Growth

GDP Growth 2.6% #109 / 191 2026

Prices and Inflation

Inflation Rate 5.9% #42 / 191 2026

Labor Market

Unemployment Rate No data - -

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