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Somalia, Fed. Rep.

Sub-Saharan Africa · Low income · IMF WEO April 2026 · World Bank WDI

GDP▲ 6.5%
Current prices2025
13USD bn
GDP per capita▲ 3.6%
Current prices2025
764USD
Real GDP growth▼ 1.1 pp
Annual change2025
3.0%
Inflation▼ 1.8 pp
Average consumer prices2025
3.7%
Current account▼ 0.3 pp
Balance2025
-9.5% of GDP
Population▲ 2.8%
Total2025
16.96million

Real GDP growth, %

Since 1995 · lighter bars = IMF projection
-2.80.09.52012: 1.2%2013: 5.7%2014: 2.7%2015: 4.6%2016: -1.3%2017: 9.5%2018: 1.4%2019: 2.8%2020: -2.8%2021: 3.5%2022: 2.7%2023: 4.2%2024: 4.1%2025: 3.0%2026: 2.6% (IMF projection)2027: 3.1% (IMF projection)2028: 3.6% (IMF projection)2029: 4.0% (IMF projection)2030: 4.1% (IMF projection)2031: 4.2% (IMF projection)IMF projection2015202020252030

Inflation, %

Average consumer prices · lighter bars = IMF projection
0.06.82013: 2.8%2014: 1.3%2015: 0.9%2016: 0.0%2017: 4.0%2018: 4.3%2019: 4.7%2020: 4.1%2021: 4.6%2022: 6.8%2023: 6.2%2024: 5.5%2025: 3.7%2026: 5.9% (IMF projection)2027: 4.5% (IMF projection)2028: 4.0% (IMF projection)2029: 3.8% (IMF projection)2030: 3.5% (IMF projection)2031: 3.2% (IMF projection)IMF projection2015202020252030

IMF outlook

IMF World Economic Outlook April 2026 · italics = IMF projection
Indicator2021202220232024202520262027202820292030
Real GDP growth %3.52.74.24.13.02.63.13.64.04.1
Inflation, average consumer prices %4.66.86.25.53.75.94.54.03.83.5
GDP, current prices USD bn9101112131416171820
GDP per capita, current prices USD6246536837377648138679169681,019
GDP per capita, PPP Int. USD1,5831,6951,7821,8491,9051,9562,0052,0542,1142,181
General government net lending/borrowing % of GDP-0.90.00.00.2-0.3-0.6-0.8-1.2-2.0-2.0
Current account balance % of GDP-7.1-8.6-8.9-9.1-9.5-8.7-9.6-10.3-11.4-11.6
Population million15.1915.6116.0516.5016.9617.4417.9318.4318.9419.47

Government debt, % of GDP

General government gross debt

No data

Current account, % of GDP

Balance of payments
-11.60.02013: -6.3%2014: -2.3%2015: -2.1%2016: -5.5%2017: -3.6%2018: -3.2%2019: -9.7%2020: -4.7%2021: -7.1%2022: -8.6%2023: -8.9%2024: -9.1%2025: -9.5%2026: -8.7% (IMF projection)2027: -9.6% (IMF projection)2028: -10.3% (IMF projection)2029: -11.4% (IMF projection)2030: -11.6% (IMF projection)2031: -10.3% (IMF projection)IMF projection2015202020252030

Income, trade and society

World Bank WDI · change over 10 years
IndicatorLatestUnitYear10Y change
GNI per capita, Atlas method640USD2025+45.5%
GNI, Atlas method13USD bn2025+106.3%
Exports of goods and services29.2% of GDP2025+12.4 pp
Imports of goods and services98.8% of GDP2025+39.2 pp
Life expectancy at birth59.0years2024+8.3%
Urban population55.1% of total2025+11.3 pp

Sources: IMF World Economic Outlook (April 2026; 2026 onwards are IMF projections) · World Bank World Development Indicators (CC BY 4.0)