Sub-Saharan Africa

🇸🇴 Somalia, Fed. Rep.

Real-time economic and demographic statistics for Somalia, Fed. Rep.

GDP

#153

of 214

Population

#67

of 217

GDP per Capita

#211

of 214

GDP Growth

#76

of 214

Share of World

0.01%

of world GDP

Income Level

Low income

Somalia, Fed. Rep. GDP
+3.97%annual growth

Data year: 2024

Verified: Nov 2025

Somalia, Fed. Rep. GDP (2015–2024)

+3.97%annual growth

Demographics
19.0M

Population

+3.54%annual growth

Data year: 2024

Verified: Nov 2025

Economics
$637

GDP per Capita

+6.62%annual growth

Data year: 2024

Verified: Nov 2025

Economics
+3.97%

GDP Growth Rate

-0.24ppannual change

Data year: 2024

Verified: Nov 2025

Labor Market
18.86%

Unemployment Rate

-0.08ppannual change

Frequently Asked Questions

What is Somalia, Fed. Rep.'s GDP?
Somalia, Fed. Rep.'s GDP is approximately $12.1 billion (2024, representing 0.0% of world GDP), making it the #153 largest economy out of 214 countries. Data sourced from the World Bank.
What is Somalia, Fed. Rep.'s population?
Somalia, Fed. Rep. has a population of approximately 19.0M — the #67 most populous country in the world. Population data is collected annually by the World Bank from national statistical agencies.
What is Somalia, Fed. Rep.'s GDP per capita?
Somalia, Fed. Rep.'s GDP per capita is approximately $637, ranking #211 globally. This metric reflects average economic output per person and is a key indicator of living standards.
How fast is Somalia, Fed. Rep.'s economy growing?
Somalia, Fed. Rep.'s economy is currently growing at approximately 4.0% per year, ranking #76 globally by GDP growth rate. Data sourced from the World Bank.
What region is Somalia, Fed. Rep. in?
Somalia, Fed. Rep. is located in the Sub-Saharan Africa region and is classified as a low income economy by the World Bank. This classification is based on gross national income (GNI) per capita.