Somalia: Exports, percent of GDP

* indicates monthly or quarterly data series
 Somalia

Exports of goods and services as percent of GDP

 Latest value 29.25
 Year 2025
 Measure percent
 Data availability 1960 - 2025
 Average 16.26
 Min - Max 4.76 - 33.24
 Source The World Bank
The latest value from 2025 is 29.25 percent, a decline from 31.21 percent in 2024. In comparison, the world average is 43.52 percent, based on data from 135 countries. Historically, the average for Somalia from 1960 to 2025 is 16.26 percent. The minimum value, 4.76 percent, was reached in 1988 while the maximum of 33.24 percent was recorded in 1980. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent data
Somalia - Exports, percent of GDP - Recent values chart

Historical series
Somalia - Exports, percent of GDP - historical chart - 1960-2025




The exports of Somalia and other countries are calculated as the total amount of goods and services produced at home and sold abroad. Exports are often reported as percent of GDP so that we can evaluate their magnitude relative to the size of the economy.

If exports are about 15 percent or less of GDP the economy is considered relatively closed as only 15 percent of its products are sold internationally. That, for example, applies to the U.S. In contrast, many small European countries export over 40 percent of their production. They are considered more open to international trade.
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 is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

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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
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