In 2021, Somalia received from exports of goods and services, the equivalent of 20.08% of its gross domestic product (GDP), an increase of 2.97 points compared to 2020; and spent on imports of goods and services, the equivalent of 85.79% of its GDP, an increase of 1.26 points compared to 2020.
The World Bank defines exports of goods and services as "the value of all goods and other market services provided to the rest of the world" , and defines imports of goods and services as "the value of all goods and other market services received from the rest of the world".
The interactive chart and table below shows the imports and exports of goods and services of Somalia as a percentage of GDP for 1960-2021.
See also: Imports and Exports of Somalia in Current US$.
Year | Imports (% GDP) | Exports (% GDP) |
---|---|---|
1960 | 17.15 | 12.72 |
1961 | 23.08 | 16 |
1962 | 27.51 | 12.79 |
1963 | 25.97 | 15.87 |
1964 | 30.44 | 15.98 |
1965 | 20.64 | 17.15 |
1966 | 22.57 | 14.96 |
1967 | 22.25 | 13.65 |
1968 | 21.52 | 14.89 |
1969 | 23.65 | 15.99 |
1970 | 16.74 | 11.51 |
1971 | 19.91 | 13.26 |
1972 | 20.55 | 15.74 |
1973 | 26.88 | 13.91 |
1974 | 39.99 | 17.46 |
1975 | 26.88 | 12.46 |
1976 | 23.84 | 10.03 |
1977 | 59.22 | 20.26 |
1978 | 56.11 | 25.84 |
1979 | 75.53 | 24.31 |
1980 | 88.49 | 33.18 |
1981 | 68.37 | 24.82 |
1982 | 68.05 | 25.97 |
1983 | 72.68 | 23.63 |
1984 | 61.08 | 14.59 |
1985 | 19.31 | 6.33 |
1986 | 29.4 | 6.96 |
1987 | 31.22 | 6.69 |
1988 | 22.19 | 4.82 |
1989 | 44.9 | 7.68 |
1990 | 37.74 | 9.79 |
2013 | 77.8 | 20.6 |
2014 | 77.69 | 20.92 |
2015 | 74.73 | 19.46 |
2016 | 75.79 | 19.28 |
2017 | 82.44 | 17.72 |
2018 | 87.47 | 19.11 |
2019 | 83.62 | 17.44 |
2020 | 84.53 | 17.11 |
2021 | 85.79 | 20.08 |