Economy of Somalia
| Statistics | |
|---|---|
| GDP | $5.218 billion (nominal, 2020) $13.324 billion (PPP, 2020) |
| GDP growth | 1.4% (2017) 2.8% (2018) 2.9% (2019e) 3.2% (2020e) |
| GDP per capita | $348 (nominal; 2020 est.) $888 (PPP; 2020 est.) |
| GDP by sector | agriculture: 60.2% industry: 7.4% services: 32.5% (2013 est.) |
What are the top 5 GDP per capita countries?
GDP per Capita
| # | Country | GDP (PPP) per capita (2017) |
|---|---|---|
| 2 | Macao | $115,367 |
| 3 | Luxembourg | $107,641 |
| 4 | Singapore | $94,105 |
| 5 | Brunei | $79,003 |
Who has the best GDP per capita?
Countries With Highest GDP Per Capita in 2019 Luxembourg: $113,197. Switzerland: $83,717. Macao: $81,152. Norway: $77,976.
What is the GDP per capita of Somalia 2021?
225.00 USD
GDP per capita in Somalia is expected to reach 225.00 USD by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Somalia GDP per capita is projected to trend around 83.00 USD in 2022 and 313.60 USD in 2023, according to our econometric models.
What was the Somalia GDP per capita in 2003?
$155
The GDP figure in 2003 was $1,517 million, Somalia is number 162 in the ranking of GDP of the 195 countries that we publish. The absolute value of GDP in Somalia rose $298 million with respect to 2002. The GDP per capita of Somalia in 2003 was $155, $27 higher than in 2002, it was $128.
What is the GDP of Somalia?
GDP in Somalia averaged 1.74 USD Billion from 1960 until 2020, reaching an all time high of 7.70 USD Billion in 2019 and a record low of 0.18 USD Billion in 1960. This page provides – Somalia GDP – actual values, historical data, forecast, chart, statistics, economic calendar and news.
How do you calculate real growth per capita?
The real Gross Domestic Product per person, or per capita, is calculated by first adjusting the nominal GDP of a country for inflation by dividing the nominal GDP by the deflator. The adjusted number, or real GDP, is then divided by the country’s population.
What is the current US GDP?
GDP in the United States increased to 21433.20 USD Billion in 2019 from 20580.20 USD Billion in 2018. GDP in the United States averaged 7457.54 USD Billion from 1960 until 2019, reaching an all time high of 21433.20 USD Billion in 2019 and a record low of 543.30 USD Billion in 1960. This page provides – United States GDP – actual values, historical data, forecast, chart, statistics, economic
What does the GDP per capita measure?
GDP per capita is a measure of average income per person in a country. GDP stands for Gross Domestic Product. GDP per capita divides the GDP by the population. Real GDP per capita takes into account inflation.
