The annual Gross Domestic Product (GDP) statistics are key indicators of Somalia’s economy and its growth in recent years, providing estimates of expenditure levels and growth across the economy. While much effort has been made to secure new sources of data and improve the quality of data from existing sources, the estimates presented in this report were compiled as far as possible in accordance with the System of National Accounts, (SNA 2008).
Somalia’s real GDP increased by 2.9 percent in 2021 compared with a decrease of -0.3 percent in 2020. This reflects the Somalia’s partial emergence from the COVID-19 pandemic’s shock in 2020, with larger increases in per capita consumption of non-food products (relative to food) underpinning this result.