
Somalia: Growth of exports
* indicates monthly or quarterly data series
| Somalia |
Exports of goods and services, annual growth |
|---|---|
| Latest value | -1.20 |
| Year | 2025 |
| Measure | percent |
| Data availability | 1961 - 2025 |
| Average | 6.41 |
| Min - Max | -57.82 - 88.14 |
| Source | The World Bank |
The latest value from 2025 is -1.2 percent, a decline from 42.26 percent in 2024. In comparison, the world average is 5.41 percent, based on data from 128 countries. Historically, the average for Somalia from 1961 to 2025 is 6.41 percent. The minimum value, -57.82 percent, was reached in 1985 while the maximum of 88.14 percent was recorded in 1977.
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Definition: Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 75.10 | 2024 | percent |
| Trade openness | 128.06 | 2025 | percent |
| Financial openness | -1.935 | 2007 | index points |
| Exports, percent of GDP | 29.25 | 2025 | percent |
| Exports, billion dollars | 3.80 | 2025 | billion U.S. dollars |
| Growth of exports | -1.20 | 2025 | percent |
| Imports, percent of GDP | 98.81 | 2025 | percent |
| Imports, billion dollars | 12.84 | 2025 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 6.39 | 2024 | percent |
| Foreign Direct Investment, billion dollars | 0.77 | 2024 | billion U.S. dollars |
| Portfolio investment inflows, equities | 0.00 | 1989 | million dollars (current) |
| Trade balance, percent of GDP | -69.57 | 2025 | percent |
| Reserves | 0.02 | 1989 | billion U.S. dollars |
| Remittances, percent of GDP | 2.95 | 1983 | percent |
| Remittances | 21.70 | 1983 | million U.S. dollars |
| External debt | 27.56 | 2023 | percent |
| Short-term external debt | 21.54 | 2023 | percent |