Somalia - Gross domestic product in current prices

279,582,544,474,875 (LCU) in 2022

In 2022, GDP (LCU) for Somalia was 279,582,544 million LCU. GDP (LCU) of Somalia increased from 22,050 million LCU in 1981 to 279,582,544 million LCU in 2022 growing at an average annual rate of 373.38%.

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What is GDP (LCU)?

GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

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What is Somalia GDP (LCU)?