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COUNTRY OUTLOOK / SO

Somalia

Unverified rate framework · ISO:SO

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Missing or stale rateTarget · 31 Oct 2026Issued · 15 Sep 2026, 02:54 UTCRESEARCH ONLY
CapitalMogadishu
RegionSub-Saharan Africa
Income groupLow income
CurrencySomali shilling
GDP$13B2025 · current US$
Real GDP growth2.99%2025 · annual %
Population19.65M2025 · people
GDP per capita$661.172025 · current US$

Latest available annual observations; years differ by indicator. Monetary values use the stated current-price basis and are not forecasts. World Bank data fetched 2026-09-15.

Economic structure

Coverage varies

A comparable three-sector breakdown is unavailable. Individual sector observations, where reported, appear below.

Monetary & research context

Policy authorityISO:SO
Policy frameworkunverified rate framework
Native targetpolicy benchmark rate
Decision evidence0
Calendar evidence0
Communication records0

Evidence counts include research inputs; they do not establish live coverage or independent observations. A country's economic composition is descriptive and does not establish what caused a model forecast.

Country events & results ↗

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Real GDP growth

2.99% · 2025 · annual %

Real GDP growth · annual %-2.76%5.99%14.74%2014: 8.97800590574617 annual %2015: 10.4621881235147 annual %2016: 7.03487260042162 annual %2017: 14.7357956045195 annual %2018: 2.05431507261069 annual %2019: 2.80033312513012 annual %2020: -2.76455696202532 annual %2021: 3.44719850031242 annual %2022: 2.71821202053759 annual %2023: 4.17524257571303 annual %2024: 4.11139335779471 annual %2025: 2.99114404482197 annual %20142025
View annual observations
YearValue (annual %)
20252.991
20244.111
20234.175
20222.718
20213.447
2020-2.765
20192.800
20182.054
201714.736
20167.035
201510.462
20148.978
World Bank source & definition ↗

Economy

GDP$13B2025 · current US$Source & definition ↗
Real GDP growth2.99%2025 · annual %Source & definition ↗
GDP per capita$661.172025 · current US$Source & definition ↗
GDP at purchasing power parityInt$ 32.29B2025 · current international $Source & definition ↗

People

Population19.65M2025 · peopleSource & definition ↗
Population growth3.34%2025 · annual %Source & definition ↗
Urban population55.14%2025 · % of populationSource & definition ↗
Life expectancy58.972024 · yearsSource & definition ↗
Unemployment · ILO estimate18.95%2025 · % of labor forceSource & definition ↗
Labor force participation · ages 15+33.85%2025 · % of population ages 15+Source & definition ↗

Sectors

Agriculture, forestry & fishing55.79%1990 · % of GDPSource & definition ↗
Industry including construction9.66%1986 · % of GDPSource & definition ↗
ServicesNot available% of GDP
Manufacturing3.94%1990 · % of GDPSource & definition ↗

Trade & investment

Exports of goods & services29.25%2025 · % of GDPSource & definition ↗
Imports of goods & services98.81%2025 · % of GDPSource & definition ↗
Current account balanceNot available% of GDP
Foreign direct investment · net inflows6.39%2024 · % of GDPSource & definition ↗

Money & public finance

Consumer inflationNot availableannual %
Central government debt12.66%2024 · % of GDPSource & definition ↗
Tax revenue2.24%2024 · % of GDPSource & definition ↗
Government cash surplus / deficitNot available% of GDP
Domestic credit to private sector5.43%2024 · % of GDPSource & definition ↗
Total reserves including gold$23.11M1989 · current US$Source & definition ↗

Infrastructure

Internet use27.94%2024 · % of populationSource & definition ↗
Access to electricity54.40%2024 · % of populationSource & definition ↗

Geography

Surface area637,6602023 · square kmSource & definition ↗

Government debt covers central government, which can differ substantially from general-government debt. Indicator definitions, estimation methods and coverage differ. Latest available does not mean current-year: older observations remain explicitly dated. Source: World Bank WDI and its underlying contributors.

i

Every forecast has a boundary.This is a dated research snapshot, not an automatically updating market feed. Source gaps, model limitations, and adverse results are retained.

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