Somalia Trade to GDP Ratio 1960-2024

Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
  • Somalia trade to gdp ratio for 2022 was 107.71%, a 1.83% increase from 2021.
  • Somalia trade to gdp ratio for 2021 was 105.87%, a 4.23% increase from 2020.
  • Somalia trade to gdp ratio for 2020 was 101.64%, a 0.58% increase from 2019.
  • Somalia trade to gdp ratio for 2019 was 101.06%, a 5.51% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Trade (% of GDP)
Somalia 107.71%
Guinea 107.48%
Democratic Republic of Congo 98.93%
Chad 90.76%
Senegal 80.65%
Madagascar 71.22%
Mali 68.83%
Rwanda 60.38%
Togo 59.81%
Benin 50.93%
Nepal 49.40%
Comoros 47.78%
Central African Republic 45.91%
Niger 38.76%
Haiti 36.53%
Gambia 35.34%
Tanzania 35.02%
Uganda 34.47%
Burundi 28.32%
Ethiopia 26.57%
Somalia Trade to GDP Ratio - Historical Data
Year Trade (% of GDP) Annual Change
2022 107.71% 1.83%
2021 105.87% 4.23%
2020 101.64% 0.58%
2019 101.06% -5.51%
2018 106.57% 6.41%
2017 100.16% 5.09%
2016 95.07% 0.88%
2015 94.19% -4.42%
2014 98.61% 0.20%
2013 98.41% 50.88%
1990 47.53% -5.05%
1989 52.58% 25.57%
1988 27.01% -10.90%
1987 37.91% 1.55%
1986 36.36% 10.72%
1985 25.64% -50.03%
1984 75.67% -20.64%
1983 96.31% 2.29%
1982 94.02% 0.83%
1981 93.19% -28.47%
1980 121.67% 21.83%
1979 99.83% 17.89%
1978 81.95% 2.47%
1977 79.48% 45.60%
1976 33.88% -5.47%
1975 39.34% -18.11%
1974 57.45% 16.66%
1973 40.79% 4.50%
1972 36.28% 3.11%
1971 33.17% 4.92%
1970 28.25% -11.39%
1969 39.64% 3.23%
1968 36.41% 0.51%
1967 35.90% -1.63%
1966 37.53% -0.26%
1965 37.79% -8.63%
1964 46.42% 4.57%
1963 41.84% 1.53%
1962 40.31% 1.23%
1961 39.08% 9.22%
1960 29.86% 9.22%