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Somalia: Current account (% of GDP)

Percent of GDP · 1977–2023 · 24 observations · forecasts to 2031 · CA_GDP

2023
−8.87%percent of GDP
Change on 2022
−0.3 pointsfrom −8.59%
Average, 2014–2023
−5.55%10 years
Record high and low
−2.13% (2015)low −34.8% (1979)

Current account (% of GDP)

Report error
-35%-30%-25%-20%-15%-10%-5%0%198019902000201020202030SomaliaSomalia
ForecastPercent of GDP

Compare with other countries →Definition of Current account (% of GDP)

Recent values

Percent of GDP

YearValue
2031-10.3Forecast
2030-11.6Forecast
2029-11.4Forecast
2028-10.3Forecast
2027-9.60Forecast
2026-8.68Forecast
2025-9.49Forecast
2024-9.15Forecast
2023-8.87
2022-8.59
2021-7.06
2020-4.68
2019-9.67
2018-3.18
2017-3.56
2016-5.52
2015-2.13
2014-2.29

Sources

  • WDI (archive)1977–1989
  • IMF World Economic Outlook2013–2023
  • IMF WEO (forecast)2023–2031

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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