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. 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.
GDP in Somalia is expected to be 7.70 USD Billion by the end of this quarter, 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 2020, according to our econometric models.