Somalia, Fed. Rep. - GDP Growth 2024
4.11%
−0.10pp from 2023
Somalia, Fed. Rep.'s gdp growth was 4.11% in 2024, decreased +0.10pp from 4.18% in 2023. This was the 62nd highest globally.
Global Ranking - 2024▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Guyana | 43.82% | 29.8% |
| 2nd | Palau | 12.01% | 881.7% |
| 3rd | Niger | 10.30% | 333.7% |
| 4th | Georgia | 9.68% | 23.6% |
| 5th | Kyrgyz Republic | 9.04% | 0.3% |
| 6th | Rwanda | 8.89% | 7.7% |
| 7th | Monaco | 8.51% | 56.3% |
| 8th | Tajikistan | 8.40% | 1.8% |
| 9th | Macao SAR, China | 7.85% | -89.5% |
| 10th | Benin | 7.45% | 17.3% |
| 11th | Cabo Verde | 7.24% | 51.1% |
| 12th | Viet Nam | 7.09% | 40.0% |
| 13th | Djibouti | 6.98% | -5.3% |
| 14th | Aruba | 6.81% | -11.7% |
| 15th | Malta | 6.80% | -36.0% |
| 16th | Togo | 6.53% | 16.6% |
| 17th | Uzbekistan | 6.50% | 3.0% |
| 18th | India | 6.49% | -29.3% |
| 19th | Mauritania | 6.31% | -7.4% |
| 20th | Turkmenistan | 6.30% | 48.9% |
| 21st | Congo, Democratic Republic of | 6.13% | -27.8% |
| 22nd | Senegal | 6.06% | 40.9% |
| 23rd | Uganda | 6.06% | 23.4% |
| 24th | Côte d'Ivoire | 6.02% | -6.7% |
| 25th | Cambodia | 5.98% | 19.3% |
| 26th | Bermuda | 5.97% | 21.5% |
| 27th | Armenia | 5.90% | -29.3% |
| 28th | Philippines | 5.69% | 3.1% |
| 29th | Turks and Caicos Islands | 5.64% | -58.9% |
| 30th | Ghana | 5.59% | 78.7% |
| 31st | Gambia, The | 5.55% | 10.2% |
| 32nd | Tanzania | 5.53% | 7.3% |
| 33rd | Guinea | 5.35% | -14.3% |
| 34th | Kiribati | 5.27% | 98.6% |
| 35th | Mongolia | 5.12% | -31.0% |
| 36th | Malaysia | 5.11% | 44.3% |
| 37th | Indonesia | 5.03% | -0.4% |
| 38th | Curaçao | 5.03% | 19.6% |
| 39th | Sri Lanka | 5.01% | 315.0% |
| 40th | Kazakhstan | 5.00% | -2.0% |
| 41st | Mali | 4.99% | 7.2% |
| 42nd | China | 4.98% | -7.4% |
| 43rd | Dominican Republic | 4.95% | 126.0% |
| 44th | Mauritius | 4.93% | -1.7% |
| 45th | Burkina Faso | 4.80% | 60.0% |
| 46th | Samoa | 4.75% | -68.8% |
| 47th | Kenya | 4.72% | -17.4% |
| 48th | Kosovo | 4.57% | 12.4% |
| 49th | Angola | 4.42% | 250.3% |
| 50th | Singapore | 4.39% | 141.0% |
| 51st | Russian Federation | 4.34% | 6.4% |
| 52nd | Costa Rica | 4.32% | -15.5% |
| 53rd | Sierra Leone | 4.29% | -24.8% |
| 54th | Paraguay | 4.25% | -15.0% |
| 55th | Bhutan | 4.25% | -15.8% |
| 56th | Bangladesh | 4.22% | -26.9% |
| 57th | Madagascar | 4.20% | -0.1% |
| 58th | Chad | 4.20% | -15.6% |
| 59th | Guinea-Bissau | 4.15% | -20.3% |
| 60th | Lao PDR | 4.13% | 12.9% |
| 61st | Burundi | 4.11% | 54.7% |
| 62nd | Somalia, Fed. Rep. | 4.11% | -2.5% |
| 63rd | Azerbaijan | 4.07% | 200.7% |
| 64th | Nigeria | 4.06% | 22.1% |
| 65th | St. Vincent and the Grenadines | 4.06% | -26.1% |
| 66th | Brunei Darussalam | 4.05% | 259.3% |
| 67th | Albania | 4.05% | 0.8% |
| 68th | Liberia | 4.02% | -12.3% |
| 69th | Belarus | 4.01% | -2.8% |
| 70th | United Arab Emirates | 3.99% | -7.2% |
| 71st | Grenada | 3.96% | -12.5% |
| 72nd | Serbia | 3.95% | 2.7% |
| 73rd | Cyprus | 3.94% | 42.7% |
| 74th | St. Lucia | 3.89% | 19.0% |
| 75th | Croatia | 3.83% | 15.3% |
| 76th | Zambia | 3.82% | -28.8% |
| 77th | Papua New Guinea | 3.80% | -0.4% |
| 78th | Morocco | 3.79% | 3.8% |
| 79th | Namibia | 3.71% | -16.5% |
| 80th | Algeria | 3.70% | -9.8% |
| 81st | Nepal | 3.67% | 84.8% |
| 82nd | Iran, Islamic Republic of | 3.66% | -31.3% |
| 83rd | Antigua and Barbuda | 3.66% | 50.7% |
| 84th | Guatemala | 3.65% | 3.4% |
| 85th | Nicaragua | 3.59% | -19.0% |
| 86th | Honduras | 3.55% | -0.6% |
| 87th | Fiji | 3.53% | -62.6% |
| 88th | Cameroon | 3.52% | 8.5% |
| 89th | Belize | 3.50% | 600.9% |
| 90th | Maldives | 3.49% | -28.5% |
| 91st | Denmark | 3.48% | 473.0% |
| 92nd | Seychelles | 3.47% | 53.4% |
| 93rd | Spain | 3.46% | 40.4% |
| 94th | Brazil | 3.42% | 5.5% |
| 95th | Gabon | 3.39% | 38.8% |
| 96th | Bulgaria | 3.39% | 79.5% |
| 97th | Bahamas, The | 3.38% | 10.8% |
| 98th | Andorra | 3.37% | 30.5% |
| 99th | Comoros | 3.34% | 11.5% |
| 100th | Türkiye | 3.33% | -34.0% |
| 101st | Peru | 3.30% | 919.8% |
| 102nd | Puerto Rico (US) | 3.18% | 538.0% |
| 103rd | Montenegro | 3.16% | -51.2% |
| 104th | Uruguay | 3.11% | 318.9% |
| 105th | Tuvalu | 3.08% | -23.5% |
| 106th | Pakistan | 3.05% | 1,538.2% |
| 107th | Poland | 3.03% | 1,111.4% |
| 108th | Sint Maarten (Dutch part) | 3.00% | -21.1% |
| 109th | Solomon Islands | 3.00% | 12.7% |
| 110th | North Macedonia | 2.99% | 44.4% |
| 111th | Eswatini | 2.97% | -13.6% |
| 112th | Bosnia and Herzegovina | 2.97% | 49.0% |
| 113th | Ukraine | 2.91% | -47.4% |
| 114th | Lesotho | 2.85% | 36.9% |
| 115th | United States | 2.79% | -4.8% |
| 116th | Lithuania | 2.77% | 547.8% |
| 117th | Panama | 2.75% | -61.7% |
| 118th | Chile | 2.64% | 407.5% |
| 119th | Bahrain | 2.60% | -32.9% |
| 120th | El Salvador | 2.60% | -26.4% |
| 121st | Ireland | 2.60% | 202.5% |
| 122nd | Congo, Republic of | 2.58% | 30.5% |
| 123rd | Thailand | 2.54% | 26.5% |
| 124th | Trinidad and Tobago | 2.51% | 71.2% |
| 125th | Hong Kong SAR, China | 2.50% | -22.3% |
| 126th | Marshall Islands | 2.50% | 162.7% |
| 127th | Jordan | 2.49% | -13.7% |
| 128th | Barbados | 2.48% | -39.4% |
| 129th | Egypt, Arab Republic of | 2.40% | -36.2% |
| 130th | Qatar | 2.36% | 53.2% |
| 131st | Mozambique | 2.15% | -60.8% |
| 132nd | Portugal | 2.14% | -18.1% |
| 133rd | Norway | 2.10% | 2,812.8% |
| 134th | Greece | 2.09% | -10.5% |
| 135th | Tonga | 2.07% | -0.5% |
| 136th | Dominica | 2.05% | -56.4% |
| 137th | Korea | 2.00% | 26.6% |
| 138th | Saudi Arabia | 2.00% | 267.7% |
| 139th | Slovak Republic | 1.94% | -10.6% |
| 140th | Libya | 1.90% | -81.3% |
| 141st | Afghanistan | 1.75% | -22.8% |
| 142nd | Zimbabwe | 1.74% | -67.4% |
| 143rd | Slovenia | 1.73% | -27.1% |
| 144th | Suriname | 1.72% | -32.2% |
| 145th | Malawi | 1.67% | -11.6% |
| 146th | Oman | 1.63% | 37.5% |
| 147th | Tunisia | 1.61% | 740.9% |
| 148th | Colombia | 1.60% | 124.5% |
| 149th | Canada | 1.55% | 1.7% |
| 150th | Liechtenstein | 1.50% | -68.4% |
| 151st | Central African Republic | 1.50% | 1,748.4% |
| 152nd | Mexico | 1.43% | -57.4% |
| 153rd | Nauru | 1.39% | 115.0% |
| 154th | Australia | 1.37% | -33.5% |
| 155th | Switzerland | 1.30% | 76.7% |
| 156th | New Zealand | 1.29% | -29.4% |
| 157th | Czechia | 1.23% | 2,468.9% |
| 158th | France | 1.19% | -26.5% |
| 159th | United Kingdom | 1.13% | 183.7% |
| 160th | French Polynesia | 1.13% | -59.4% |
| 161st | São Tomé and Principe | 1.10% | 195.7% |
| 162nd | Netherlands | 1.08% | 279.9% |
| 163rd | Belgium | 1.07% | -10.9% |
| 164th | European Union | 1.06% | 134.3% |
| 165th | Vanuatu | 0.94% | -55.0% |
| 166th | Romania | 0.92% | -61.9% |
| 167th | Equatorial Guinea | 0.91% | 117.8% |
| 168th | Israel | 0.87% | -57.7% |
| 169th | Faroe Islands | 0.84% | -73.3% |
| 170th | Sweden | 0.82% | 502.0% |
| 171st | Micronesia, Federated States of | 0.72% | 49.2% |
| 172nd | San Marino | 0.70% | 73.1% |
| 173rd | Italy | 0.69% | -3.1% |
| 174th | Hungary | 0.56% | 166.4% |
| 175th | South Africa | 0.53% | -33.6% |
| 176th | Finland | 0.42% | 144.3% |
| 177th | Luxembourg | 0.36% | 262.2% |
| 178th | St. Kitts and Nevis | 0.31% | -93.3% |
| 179th | Japan | 0.10% | -91.6% |
| 180th | Moldova | 0.10% | -91.4% |
| 181st | Latvia | -0.05% | -101.6% |
| 182nd | Estonia | -0.09% | 96.7% |
| 183rd | Germany | -0.50% | 43.1% |
| 184th | Jamaica | -0.54% | -119.5% |
| 185th | Austria | -0.66% | 31.0% |
| 186th | Iceland | -0.97% | -118.7% |
| 187th | Myanmar | -0.97% | -197.5% |
| 188th | Cuba | -1.06% | 45.0% |
| 189th | Bolivia, Plurinational State of | -1.12% | -136.4% |
| 190th | Argentina | -1.34% | 27.6% |
| 191st | Yemen, Republic of | -1.50% | 25.0% |
| 192nd | Iraq | -1.55% | -268.0% |
| 193rd | Ecuador | -2.00% | -200.7% |
| 194th | Kuwait | -2.56% | -53.6% |
| 195th | Botswana | -2.99% | -193.2% |
| 196th | Haiti | -4.17% | -123.7% |
| 197th | Lebanon | -7.50% | -971.4% |
| 198th | Timor-Leste | -9.10% | -483.2% |
| 199th | New Caledonia | -13.50% | -582.1% |
| 200th | Sudan | -13.96% | 32.7% |
| 201st | South Sudan | -26.14% | -977.2% |
| 202nd | West Bank and Gaza | -26.56% | -482.9% |
FAQ
What was Somalia, Fed. Rep.'s gdp growth in 2024?▾
Somalia, Fed. Rep.'s gdp growth in 2024 was 4.11%. This ranked 62nd globally.
How did Somalia, Fed. Rep.'s gdp growth change in 2024?▾
Somalia, Fed. Rep.'s gdp growth decreased by 2.5% in 2024 compared to 2023.
Which country had the highest gdp growth in 2024?▾
Guyana had the highest gdp growth in 2024 at 43.82%.
What is the gdp growth of Somalia, Fed. Rep. in 2024?▾
The gdp growth of Somalia, Fed. Rep. in 2024 was 4.11%. This ranked 62nd globally.
How does 2024 compare to 2023 for Somalia, Fed. Rep.'s gdp growth?▾
Somalia, Fed. Rep.'s gdp growth went from 4.18% in 2023 to 4.11% in 2024, a 2.5% decrease.
Related
2023
2025
All years
Full ranking 2024
GDP
GDP per Capita
GDP PPP
GNI
GNI per Capita
Peak: 1972
Lowest: 1994
GDP Growth 1990s
GDP Growth 2000s
GDP Growth 2010s
GDP Growth 2020s
Highest ever
Lowest ever
Average
vs Congo, Democratic Republic of
vs Niger
vs Sudan
vs Mozambique
Organisation of Islamic Cooperation GDP Growth
African Union GDP Growth
Global Ranking