Somalia

Key Indicators

Summary statistics

Capital: Mogadishu
Currency: Somali Shilling (SOS)
Area: 637,657 km²
Geographic Location: Region: East Africa, Coordinates: Approximately 2.04°N latitude and 45.34°E longitude.
Population: 19.0 million

Description20222023
National Accounts
Real GDP Growth (annual percent change)2.42.8
GDP (current prices, billions of US$)10.4211.52
GDP per capita (current prices, US$ per capita)667.32717.41
Inflation rate, average consumer prices (annual % change)6.85.7
Trade
Imports in Services (current prices, millions of $US)  
Exports in Services (current prices, millions of $US)  
Merchandise Imports (current prices, millions of $US)  
Merchandise Exports (current prices, millions of $US)  
Gas + Petrol Imports (in thousands of $US)  
Gas + Petrol Exports (in thousands of $US)  
BOP ( BALANCE OF PAYMENTS)
Current account, balance (billions of $US)-0.851-1.107
Current account, balance ( % of GDP)-8.2-9.6
FINANCE
General government net lending/borrowing (% of GDP)0-0.4
General government gross debt (% of GDP)  
EMPLOYMENT & SOCIAL INDICATORS
Population17,597,51118,143,378
Unemployment, total (% of total labor force)  

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