Gross domestic product (GDP) in Somalia 2029

The gross domestic product by fiscal year in Somalia was forecast to continuously increase between 2024 and 2029 by in total 0.01 billion U.S. dollars (+50 percent). The gross domestic product is estimated to amount to 0.03 billion U.S. dollars in 2029.
This indicator describes the gross domestic product at current prices which is expressed in national currency units and concerning the fiscal year. The gross domestic product represents the total value of final goods and services produced during a certain time period. Here this period is the fiscal year, meaning the period chosen by a given country for the reporting of fiscal data. The exact time period varies by country.

Find more statistics on other topics about Somalia with key insights such as the share in the global GDP adjusted for purchasing power parity, the growth of the real the gross domestic product, and the average inflation rate.