Somalia - GDP (current LCU)

The value for GDP (current LCU) in Somalia was 179,433,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 179,433,000,000,000 in 2020 and a minimum value of 1,289,000,000 in 1960.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 1,289,000,000
1961 1,369,000,000
1962 1,453,800,000
1963 1,543,900,000
1964 1,639,500,000
1965 1,740,900,000
1966 1,838,400,000
1967 1,941,300,000
1968 2,048,000,000
1969 2,144,501,000
1970 2,258,200,000
1971 2,360,299,000
1972 2,910,300,000
1973 3,184,899,000
1974 2,943,400,000
1975 4,474,802,000
1976 5,081,801,000
1977 6,880,002,000
1978 8,180,998,000
1979 8,997,999,000
1980 17,372,000,000
1981 22,050,000,000
1982 29,105,010,000
1983 35,057,000,000
1984 62,321,990,000
1985 87,360,010,000
1986 120,560,000,000
1987 168,080,000,000
1988 283,900,000,000
1989 559,480,000,000
1990 1,738,780,000,000
2013 88,213,700,000,000
2014 101,599,000,000,000
2015 118,654,000,000,000
2016 127,529,000,000,000
2017 129,560,000,000,000
2018 140,148,000,000,000
2019 162,330,000,000,000
2020 179,433,000,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts