Dimension 3.2: Economic Statistics in Somalia

Somalia: Dimension 3.2: Economic Statistics was 0.7365 in 2023. ▲ Rising

Latest (2023)
0.7365
Change on year
up 4.2%
World rank
152nd
of 215 countries
All-time high
0.7365
in 2023
All-time low
0.2782
in 2004
Years of data
20
2004–2023

Dimension 3.2: Economic Statistics in Somalia, 2004–2023

00.20.40.60.82004201320232004: 0.2782005: 0.3212006: 0.3212007: 0.3212008: 0.3182009: 0.3182010: 0.2852011: 0.2832012: 0.2832013: 0.2832014: 0.2962015: 0.3072016: 0.342017: 0.4252018: 0.4592019: 0.4442020: 0.5432021: 0.7272022: 0.7072023: 0.737

Source: Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).

Analysis

The most recent figure for dimension 3.2: economic statistics in Somalia is 0.7365, measured in 2023. That is the highest value across all 20 years on record.

The figure is up 4.2% on the previous year and up 160.2% over ten years.

Over the whole period, dimension 3.2: economic statistics in Somalia peaked at 0.7365 in 2023 and was at its lowest, 0.2782, in 2004.

Somalia ranks 152nd of 215 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 20 years of available data.

Dimension 3.2: Economic Statistics in Somalia, year by year

Annual values for Dimension 3.2: Economic Statistics in Somalia, 2004 to 2023.
Year Value Change
2004 0.2782 —
2005 0.3208 +15.3%
2006 0.3208 +0.0%
2007 0.3208 +0.0%
2008 0.3178 -0.9%
2009 0.3178 +0.0%
2010 0.2852 -10.3%
2011 0.283 -0.8%
2012 0.283 +0.0%
2013 0.283 +0.0%
2014 0.2958 +4.5%
2015 0.307 +3.8%
2016 0.3403 +10.9%
2017 0.4255 +25.0%
2018 0.4588 +7.8%
2019 0.4442 -3.2%
2020 0.5433 +22.3%
2021 0.7273 +33.9%
2022 0.7065 -2.9%
2023 0.7365 +4.2%

Somalia compared with similar countries

  • Somalia's 0.7365 is below the median for low income countries, which is 0.7607, 97% of the median. (25 countries reporting)
  • Somalia's 0.7365 is below the median for Sub-Saharan Africa, which is 0.8013, 92% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where Dimension 3.2: Economic Statistics in Somalia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2021 +33.9% 0.5433 0.7273

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.3127 0.2782 0.3208 6
2010s 0.3406 0.283 0.4588 10
2020s 0.6784 0.5433 0.7365 4

Countries ranked near Somalia

  1. 151 Palestine 0.738 compare
  2. 152 Liberia 0.7365 compare
  3. 154 Oman 0.7347 compare
  4. 155 Samoa 0.7323 compare

See the full ranking of 215 places →

More reference data data for Somalia

All data for Somalia →

Frequently asked questions

What is dimension 3.2: economic statistics in Somalia?
Dimension 3.2: economic statistics in Somalia was 0.7365 in 2023, according to Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).
What is the highest dimension 3.2: economic statistics recorded in Somalia?
The highest recorded value was 0.7365 in 2023.
What is the lowest dimension 3.2: economic statistics recorded in Somalia?
The lowest recorded value was 0.2782 in 2004.
How does Somalia rank for dimension 3.2: economic statistics?
Somalia ranks 152nd out of 215 countries with data for 2023.
Is dimension 3.2: economic statistics rising or falling in Somalia?
Over the last ten years it is up 160.2%. The long-run trend across the full record is rising.
Where does this Somalia data come from?
The figures come from Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators), published as part of Dimension 3.2: Economic Statistics. Statizoid updates them automatically from the source API.

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Dimension 3.2: Economic Statistics in Somalia. Statizoid, drawing on Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators). Retrieved 24 September 2026, from https://reference.statizoid.com/stat/dimension-3-2-economic-statistics/somalia-fed-rep/

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About this data

Indicator
Dimension 3.2: Economic Statistics
Source
Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
215 places, 4,300 data points, 2004–2023
Last refreshed

Average score for Goal 7-12 indicators. See 3.1.