The Gross Domestic Product (GDP) in Somalia was worth 7.48 billion US dollars in 2018. The GDP value of Somalia represents 0.01 percent of the world economy. Somalia GDP - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
GDP in Somalia averaged 1.58 USD Billion from 1960 until 2018, reaching an all time high of 7.48 USD Billion in 2018 and a record low of 0.18 USD Billion in 1960. This page provides - Somalia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: World Bank
GDP in Somalia is expected to reach 8.45 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Somalia GDP is projected to trend around 9.00 USD Billion in 2021 and 9.20 USD Billion in 2022, according to our econometric models.