Macro‑Economic Monitor

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Somalia economy

Somalia’s economy grew 3.0% in 2025, faster than the world as a whole (2.9%). Unemployment was 18.9% in 2025.

IndicatorLatestYear
Real GDP growth3.0%2025
Unemployment18.9%2025
GDP (US dollars)$13.0 bn2025
GDP per person (US dollars)$6612025
GDP per person (PPP, international dollars)$1,6022024
Budget balance, % of GDP0.1%2024
Population19.7 m2025
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Source: World Bank, World Development Indicators (CC BY 4.0). Data release 2026-10-22. Figures are revised by their publishers.