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Country

Somalia

Somalia in figures

  • GDP growth

    3.1%

    2025 · 2026 : 2.3% (projection)

  • Inflation

    3.7%

    2025 · 2026 : 6.3% (projection)

  • Fiscal balance

    -0.3%

    2025 · % of GDP · 2026 : -0.9% (projection)

  • Current account balance

    -24.3%

    2025 · % of GDP · 2026 : -25.4% (projection)

  • Nominal GDP

    13.2 bn USD

    2025 · 2026 : 14.8 bn USD (projection)

  • GDP per capita

    780 USD

    2025 · 2026 : 850 USD (projection)

  • Population

    19.7 million

    2025

Somalia: real GDP growth

In %

Observed or estimatedIMF projection-5051015201520182021202420272030Observed or estimated · 2015 : 4.6 %Observed or estimated · 2016 : -1.3 %Observed or estimated · 2017 : 9.5 %Observed or estimated · 2018 : 1.4 %Observed or estimated · 2019 : 3.6 %Observed or estimated · 2020 : -2.7 %Observed or estimated · 2021 : 3.5 %Observed or estimated · 2022 : 2.8 %Observed or estimated · 2023 : 4.2 %Observed or estimated · 2024 : 4 %Observed or estimated · 2025 : 3.1 %3.1IMF projection · 2025 : 3.1 %IMF projection · 2026 : 2.3 %IMF projection · 2027 : 2.7 %IMF projection · 2028 : 3.2 %IMF projection · 2029 : 3.6 %IMF projection · 2030 : 3.8 %IMF projection · 2031 : 4 %4Source: IMF World Economic Outlook · bifinances

Source: IMF World Economic Outlook

View data
Observed or estimatedIMF projection
20154.6–
2016-1.3–
20179.5–
20181.4–
20193.6–
2020-2.7–
20213.5–
20222.8–
20234.2–
20244–
20253.13.1
2026–2.3
2027–2.7
2028–3.2
2029–3.6
2030–3.8
2031–4
Somalia: inflation

In %

Observed or estimatedIMF projection-202468201520182021202420272030Observed or estimated · 2015 : 0.9 %Observed or estimated · 2016 : 0 %Observed or estimated · 2017 : 4 %Observed or estimated · 2018 : 4.3 %Observed or estimated · 2019 : 4.7 %Observed or estimated · 2020 : 4.1 %Observed or estimated · 2021 : 4.6 %Observed or estimated · 2022 : 6.8 %Observed or estimated · 2023 : 6.2 %Observed or estimated · 2024 : 5.5 %Observed or estimated · 2025 : 3.7 %3.7IMF projection · 2025 : 3.7 %IMF projection · 2026 : 6.3 %IMF projection · 2027 : 5.5 %IMF projection · 2028 : 5 %IMF projection · 2029 : 4.5 %IMF projection · 2030 : 4 %IMF projection · 2031 : 4 %4Source: IMF World Economic Outlook · bifinances

Source: IMF World Economic Outlook

View data
Observed or estimatedIMF projection
20150.9–
20160–
20174–
20184.3–
20194.7–
20204.1–
20214.6–
20226.8–
20236.2–
20245.5–
20253.73.7
2026–6.3
2027–5.5
2028–5
2029–4.5
2030–4
2031–4
Access to electricity
54% (2024)
Internet users
28% (2024)
Foreign direct investment
+6.4% (2025)

Sources: IMF World Economic Outlook (key figures, growth and inflation; estimates and projections from 2026); World Bank World Development Indicators (population and structural indicators). The latest available year is shown for each figure.

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