This publication provides Somalia’s Annual National Accounts for the year 2024, showing annual GDP estimates from expenditure approach at current and constant 2022 prices. All estimates are calculated in accordance with the System of National Accounts, 2008 which is a comprehensive, consistent and flexible set of macroeconomic accounts to meet the needs of policymakers, analysts and international observers.

The National Accounts provide comprehensive information on the income, spending and production that occurs in an economy. This information is broken down into various categories, allowing policy makers, analysts, and researchers to understand how different sectors are performing and how the economy grows over time. In essence, National Accounts are the foundation for analyzing and monitoring a country’s economic size, structure and dynamics, making them essential for informed decision-making.