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CompareEconomy.com Comparison of world economies

Somalia

World Rank 81 2.33 Somalia flag svg
Capital
Area
Currency
Mogadishu
637,657 km 2
Somali shilling (SOS)

Table of Contents

Introduction

The Federal Republic of Somalia is a country located in the so-called Horn of Africa. It is a peninsula situated in the easternmost point in African continent. With the longest coastline in Africa's mainland, Somalia has a total land coverage of 637,000 square kilometers.

Because of its relatively small population, which was almost 16 million in 2020, there are approximately 19 people per square kilometers. The economy of Somalia is surely one of the worst in the entire world. With its total GDP (PPP) of $13 billion, their GDP per capita is only $880.

Gross domestic product (GDP, GDP PPP)

Gross domestic product (GDP)

  • Last
  • Historical chart
#142 (2021)
7,628,000,011 US$

List of countries by GDP

(United States of America (USA))

Gross domestic product growth rate

Gross domestic product per capita

Gross domestic product (PPP)

Gross domestic product (PPP) per capita

International trade (Export, Import)

External balance on goods and services

  • Last
  • Historical chart
#126 (2021)
-5,012,000,007 US$

List of countries by external balance on goods and services

(China)

External balance on goods and services (% of GDP)

Exports of goods and services (current US$)

Exports of goods and services (% of GDP)

Imports of goods and services (current US$)

Imports of goods and services (% of GDP)

Employment by sector, Unemployment

Unemployment (% of total labor force)

  • Last
  • Historical chart
#10 (2021)
19.93 %

List of countries by unemployment

(South Africa)

Employment in agriculture (% of total employment)

Employment in industry (% of total employment)

Employment in services (% of total employment)

Vulnerable employment (% of total employment)