Somalia gdp per capita, 97% increase from 2020. Sep 11, 2025 · So, how do we determine the poorest countries in the world? While GDP per capita is often considered the standard metric, compensating for differences in living costs and rates of inflation by using purchasing power parity (PPP) can better assess an individual’s buying power in any given country. 18, a 4. This page provides - Somalia GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news. 02% decline from 2019. Access GDP per capita data in current US dollars from the World Bank, providing insights into economic performance and living standards worldwide. Estimates by world bank since 1961. Somalia: $1,500 Liberia: $1,600 South Sudan: $1,600 Eritrea: $1,600 Niger: $1,600 Malawi: $1,700 The countries with the lowest GDP per capita are mainly concentrated in sub-Saharan Africa. . 7 percent recorded for 2022. 2 percent in 2023 in constant prices, increasing from the 2. 11, a 5. 37% increase from 2021. Rep. Current and historical Gross Domestic Product (GDP) of Somalia in nominal and real US dollar values. Burundi and the Central African Republic are at the bottom, with GDP per capita below $1,000, indicative of deep economic challenges and widespread poverty. GDP per capita is gross domestic product divided by midyear population. The Per Capita GDP grew to USD 695 in current prices. Nov 13, 2024 · GDP per capita of Somalia in nominal and ppp terms. Explore GDP per capita data in PPP terms, offering insights into economic performance and living standards across countries from The World Bank. For example, the GDP per capita of Burundi, one of the poorest countries, is nearly three times higher than that of Somalia. Somalia GDP per capita for 2021 was $549. Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development ( OECD ); Staff estimates, World Bank ( WB ) The Gross Domestic Product per capita in Somalia was last recorded at 467. GDP growth rates and charts 3 Key findings 3. Dec 17, 2025 · Graph and download economic data for Gross Domestic Product Per Capita for Somalia (PCAGDPSOA646NWDB) from 1960 to 2024 about Somalia, per capita, and GDP. Construction, investment, and livestock exports are all growing substantially. 09 US dollars in 2024. List and ranking of GDP growth, GDP per capita and country share of World's GDP May 23, 2025 · Even within this group, significant disparities exist. Contrastingly, nations like Monaco and Liechtenstein boasted the world's highest GDP - at a staggering $178,200 and $156,500 respectively. Countries in the world ranked by Gross Domestic Product (GDP). 1 GDP Growth rate Somalia’s GDP increased to USD 10,969 billion in current prices and increased by 4. Somalia GDP per capita for 2020 was $518. Data Type: Projections for 2025, in Purchasing Power Parity (PPP) terms, expressed in international dollars. The GDP per Capita in Somalia is equivalent to 4 percent of the world's average. Projections by IMF. Somalia GDP per capita for 2022 was $573. GDP per Capita, PPP (2025) - IMF Source: IMF, World Economic Outlook (October 2025). GDP per Capita represents the total monetary value of all goods and services produced and sold within a country over one year, divided by its population. 13, a 4. GDP per capita (current US$) - Somalia, Fed.


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