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A view of Lido beach from the sea in Mogadishu, Somalia on 15 November 2019.

Photo: AMISOM · CC0 · via Wikimedia Commons, shown in greyscale

01The evidence

The 4 key statistics that decide it

Only these place Somalia on economy & innovation — one vote each. Every value is the publisher’s own, read at the edition the Country Index 2026 used — or, for a survey-based key, each country’s latest reading; the grey ticks are every other country it was compared with, lowest on the left.

Why these keys
  1. Key 1 of 4

    GDP per Capita (PPP)

    World Bank Group

    Why it is a key

    2025 edition · data for 2025 · CC BY 4.0

    1,404

    GDP per capita (constant 2021 international $, PPP)

    Higher is better

    Somalia: 1,404. Across the 185 countries in this edition, values run from 1,067 (Burundi) to 139,593 (Singapore); the world median is 17,265.

    World median
    17,265
    Best in Eastern Africa
    30,639 Seychelles
    Land neighbours
    Ethiopia 3,095 · Kenya 5,995
  2. Key 2 of 4

    Firms with a Bank Loan or Line of Credit

    World Bank Group

    Why it is a key

    Latest reading per country, 2016–2025 · Somalia’s is from 2025 · CC BY 4.0

    5.353

    Firms with a bank loan or line of credit (%)

    Higher is better

    Somalia: 5.353. Across the 179 countries at their latest reading, values run from 2.113 (Pakistan) to 88.52 (Israel); the world median is 35.95.

    World median
    35.95
    Best in Eastern Africa
    60.79 Mauritius
    Land neighbours
    Ethiopia 23.45 · Kenya 46.85
  3. Key 3 of 4

    Economic Complexity Index

    Growth Lab at Harvard University

    Why it is a key

    2024 edition · data for 2024 · CC0 1.0

    No reading

    ECI score (standardised, roughly −3 to +3)

    Higher is better

    Growth Lab at Harvard University publishes no 2024 figure for Somalia, so the standing rests on the other keys.

    Across the 145 countries in this edition, values run from -3.53 (Chad) to 1.729 (Japan); the world median is 0.131.

    World median
    0.131
    Best in Eastern Africa
    0.287 Mauritius
    Land neighbours
    Ethiopia -1.091 · Kenya -0.268
  4. Key 4 of 4

    Account Ownership at a Financial Institution

    World Bank Group

    Why it is a key

    2024 edition · data for 2024 · CC BY 4.0

    No reading

    Adults with an account (% of population aged 15+)

    Higher is better

    World Bank Group publishes no 2024 figure for Somalia, so the standing rests on the other keys.

    Across the 139 countries in this edition, values run from 14.83 (Niger) to 99.85 (Iceland); the world median is 72.83.

    World median
    72.83
    Best in Eastern Africa
    90.12 Kenya
    Land neighbours
    Ethiopia 48.83 · Kenya 90.12

03In context

Somalia beside its neighbours

A position reads best beside the countries around it. Every position below is a place among all 176 countries on economy & innovation, never a place within the region.

Eastern Africa
1st176thNot placed · 48 countries with too few key statisticsNo data

The whole world on economy & innovation

Somalia and the countries it borders

Standing among all 176; the key columns are the publishers’ own values.

CountryStandingGDP per Capita (PPP)GDP per capita (constant 2021 international $, PPP)Firms with a Bank Loan or Line of CreditFirms with a bank loan or line of credit (%)Economic Complexity IndexECI score (standardised, roughly −3 to +3)Account Ownership at a Financial InstitutionAdults with an account (% of population aged 15+)
Kenya82nd5,99546.85-0.26890.12
Ethiopia148th3,09523.45-1.09148.83
Somalia176th1,4045.353——
Somalilandnot placed————

“—”: no published reading in that edition. What a standing is

04Context, no vote

Where Somalia is ahead of the world, and behind

35 more statistics filed under economy & innovation, published in full and deliberately given no vote in the standing. Select a row for the publisher, the rank and the links.

Every country

Ahead of the world median4

Statistics on which Somalia does better than the middle country measured.

  • Debt Service on External DebtWorld Bank Group · 2024 · world median 12.930.657No real change since 2014

    Somalia: 0.657 · world median 12.93 · Total debt service (% of exports of goods, services and primary income). World Bank Group, 2024 edition, data for 2024.

    Published values in that edition run from 0.285 to 96.2; lower is better.

    Position 108th of 109 · derived, 1st = worst.

    Chart and every countryThe 2024 dataset

  • Interest Payments on External DebtWorld Bank Group · 2024 · world median 1.4510.104No real change since 2014

    Somalia: 0.104 · world median 1.451 · Interest payments on external debt (% of GNI). World Bank Group, 2024 edition, data for 2024.

    Published values in that edition run from 0.069 to 17.92; lower is better.

    Position 110th of 112 · derived, 1st = worst.

    Chart and every countryThe 2024 dataset

  • External Debt Stocks (% of GNI)World Bank Group · 2024 · world median 43.9414.92▲ Improved since 2014

    Somalia: 14.92 · world median 43.94 · External debt stocks (% of GNI). World Bank Group, 2024 edition, data for 2024.

    Published values in that edition run from 2.213 to 350.57; lower is better.

    Position 103rd of 110 · derived, 1st = worst.

    Chart and every countryThe 2024 dataset

  • Firms Competing Against Informal FirmsWorld Bank Group · 2026 · world median 41.8140.92No earlier reading

    Somalia: 40.92 · world median 41.81 · Firms competing against unregistered or informal firms (%). World Bank Group, 2026 edition, data for 2026.

    Published values in that edition run from 1.926 to 90.5; lower is better.

    Position 96th of 181 · derived, 1st = worst.

    Chart and every countryThe 2026 dataset

Behind the world median15

Statistics on which Somalia does worse than the middle country measured.

  • GDP GrowthWorld Bank Group · 2025 · world median 3.3962.991▼ Worsened since 2015

    Somalia: 2.991 · world median 3.396 · GDP growth (annual %). World Bank Group, 2025 edition, data for 2025.

    Published values in that edition run from -5.847 to 19.34; higher is better.

    Position 105th of 186 · derived.

    Chart and every countryThe 2025 dataset

  • Liner Shipping Connectivity IndexUNCTAD · 2026 · world median 56.2133.24▲ Improved since 2016

    Somalia: 33.24 · world median 56.21 · LSCI (index, average Q1 2023 = 100). UN Trade and Development (UNCTAD), 2026 edition, data for 2026.

    Published values in that edition run from 4.13 to 1,319; higher is better.

    Ranked 105th of 175 by UNCTAD.

    Chart and every countryThe 2026 dataset

  • Crop Production IndexFAO · 2022 · world median 106.23101.37▼ Worsened since 2012

    Somalia: 101.37 · world median 106.23 · Crop production index (2014–2016 = 100). Food and Agriculture Organization of the United Nations (FAO), 2022 edition, data for 2022.

    Published values in that edition run from 53.79 to 189.93; higher is better.

    Position 123rd of 195 · derived.

    Chart and every countryThe 2022 dataset

  • Food Production IndexFAO · 2022 · world median 106.0898.94▼ Worsened since 2012

    Somalia: 98.94 · world median 106.08 · Food production index (2014–2016 = 100). Food and Agriculture Organization of the United Nations (FAO), 2022 edition, data for 2022.

    Published values in that edition run from 71.08 to 177.49; higher is better.

    Position 148th of 195 · derived.

    Chart and every countryThe 2022 dataset

  • Livestock Production IndexFAO · 2022 · world median 107.0698.64▼ Worsened since 2012

    Somalia: 98.64 · world median 107.06 · Livestock production index (2014–2016 = 100). Food and Agriculture Organization of the United Nations (FAO), 2022 edition, data for 2022.

    Published values in that edition run from 35.52 to 190.08; higher is better.

    Position 149th of 194 · derived.

    Chart and every countryThe 2022 dataset

  • Government AI Readiness IndexOxford Insights · 2025 · world median 40.1921.82▲ Improved since 2023

    Somalia: 21.82 · world median 40.19 · AI readiness score (0–100). Oxford Insights, 2025 edition, data for 2025.

    Published values in that edition run from 12.12 to 88.36; higher is better.

    Ranked 164th of 195 by Oxford Insights.

    Chart and every countryThe 2025 dataset

  • Management Practices IndexWorld Bank Group · 2026 · world median 52.3941.98No earlier reading

    Somalia: 41.98 · world median 52.39 · Management practices index, medium and large firms (0–100). World Bank Group, 2026 edition, data for 2026.

    Published values in that edition run from 28.07 to 69.29; higher is better.

    Position 143rd of 169 · derived.

    Chart and every countryThe 2026 dataset

  • Actual Individual Consumption per Capita (PPP)World Bank Group · 2021 · world median 12,8001,759No earlier reading

    Somalia: 1,759 · world median 12,800 · Actual individual consumption per capita (PPP, current international $). World Bank Group, 2021 edition, data for 2021.

    Published values in that edition run from 688.7 to 52,654; higher is better.

    Position 163rd of 173 · derived.

    Chart and every countryThe 2021 dataset

  • Firms with an International Quality CertificationWorld Bank Group · 2026 · world median 10.40.875No earlier reading

    Somalia: 0.875 · world median 10.4 · Firms with an internationally recognised quality certification (%). World Bank Group, 2026 edition, data for 2026.

    Published values in that edition run from 0 to 45.77; higher is better.

    Chart and every countryThe 2026 dataset

  • Regulatory QualityWorld Bank Group · 2025 · world median -0.093-1.705▲ Improved since 2015

    Somalia: -1.705 · world median -0.093 · Regulatory Quality (−2.5 to 2.5). World Bank Group, 2025 edition, data for 2025.

    Published values in that edition run from -2.106 to 2.113; higher is better.

    Position 202nd of 209 · derived.

    Chart and every countryThe 2025 dataset

  • GNI per Capita (PPP)World Bank Group · 2025 · world median 14,2731,418No real change since 2015

    Somalia: 1,418 · world median 14,273 · GNI per capita (constant 2021 international $, PPP). World Bank Group, 2025 edition, data for 2025.

    Published values in that edition run from 1,181 to 116,633; higher is better.

    Position 99th of 102 · derived.

    Chart and every countryThe 2025 dataset

  • Water-Use EfficiencyFAO · 2023 · world median 16.11.23No real change since 2013

    Somalia: 1.23 · world median 16.1 · Value added per cubic metre of freshwater withdrawn (constant US$ per m³). Food and Agriculture Organization of the United Nations (FAO), 2023 edition, data for 2023.

    Published values in that edition run from 0.38 to 1,378; higher is better.

    Chart and every countryThe 2023 dataset

  • Logistics Performance IndexWorld Bank Group · 2023 · world median 2.92No real change since 2014

    Somalia: 2 · world median 2.9 · LPI score (1–5). World Bank Group, 2023 edition, data for 2023.

    Published values in that edition run from 1.9 to 4.3; higher is better.

    Ranked 138th of 139 by World Bank Group.

    Chart and every countryThe 2023 dataset

  • New Business DensityWorld Bank Group · 2024 · world median 2.1870.02No real change since 2021

    Somalia: 0.02 · world median 2.187 · New limited liability companies registered per 1,000 people aged 15–64. World Bank Group, 2024 edition, data for 2024.

    Published values in that edition run from 0.02 to 26.76; higher is better.

    Chart and every countryThe 2024 dataset

  • Productive Capacities IndexUNCTAD · 2022 · world median 46.6717.8No real change since 2012

    Somalia: 17.8 · world median 46.67 · Productive Capacities Index (1–100). UN Trade and Development (UNCTAD), 2022 edition, data for 2022.

    Published values in that edition run from 17.8 to 71.02; higher is better.

    Position 195th of 195 · derived.

    Chart and every countryThe 2022 dataset

No better end16

These describe the shape of a country — more is not better or worse, only different — so they are never ahead or behind.

  • Household ConsumptionWorld Bank Group · 2025 · world median 62.04133.34No real change since 2015

    Somalia: 133.34 · world median 62.04 · Household and NPISH final consumption expenditure (% of GDP). World Bank Group, 2025 edition, data for 2025.

    Published values in that edition run from 25.21 to 133.34.

    Position 1st of 131 · derived, counted from the highest value.

    Chart and every countryThe 2025 dataset

  • Imports of Goods and Services (% of GDP)World Bank Group · 2025 · world median 41.7298.81Moved since 2015

    Somalia: 98.81 · world median 41.72 · Imports of goods and services (% of GDP). World Bank Group, 2025 edition, data for 2025.

    Published values in that edition run from 1.279 to 196.89.

    Position 8th of 138 · derived, counted from the highest value.

    Chart and every countryThe 2025 dataset

  • Inflation, GDP DeflatorWorld Bank Group · 2025 · world median 3.30612.88Moved since 2015

    Somalia: 12.88 · world median 3.306 · Annual change in the GDP implicit deflator (%). World Bank Group, 2025 edition, data for 2025.

    Published values in that edition run from -7.93 to 227.09.

    Chart and every countryThe 2025 dataset

  • Foreign Direct Investment InflowsUNCTAD · 2025 · world median 1.9686.536Moved since 2015

    Somalia: 6.536 · world median 1.968 · FDI inflows (% of GDP). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.

    Published values in that edition run from -32.97 to 2,221.

    Chart and every countryThe 2025 dataset

  • Commodity Export DependenceUNCTAD · 2024 · world median 67.1793.43No real change since 2014

    Somalia: 93.43 · world median 67.17 · Commodity exports (% of merchandise exports, three-year average). UN Trade and Development (UNCTAD), 2024 edition, data for 2024.

    Published values in that edition run from 4.605 to 99.77.

    Chart and every countryThe 2024 dataset

  • Total Natural Resources Rents (% of GDP)World Bank Group · 2021 · world median 1.70811.24Moved since 2013

    Somalia: 11.24 · world median 1.708 · Natural resources rents (% of GDP). World Bank Group, 2021 edition, data for 2021.

    Published values in that edition run from 0 to 61.03.

    Position 41st of 180 · derived, counted from the highest value.

    Chart and every countryThe 2021 dataset

  • Trade (% of GDP)World Bank Group · 2025 · world median 79.68128.06Moved since 2015

    Somalia: 128.06 · world median 79.68 · Exports plus imports (% of GDP). World Bank Group, 2025 edition, data for 2025.

    Published values in that edition run from 2.382 to 396.65.

    Position 30th of 138 · derived, counted from the highest value.

    Chart and every countryThe 2025 dataset

  • Gross Capital Formation (% of GDP)World Bank Group · 2025 · world median 22.9328.11Moved since 2015

    Somalia: 28.11 · world median 22.93 · Gross capital formation (% of GDP). World Bank Group, 2025 edition, data for 2025.

    Published values in that edition run from -3.679 to 45.27.

    Position 31st of 131 · derived, counted from the highest value.

    Chart and every countryThe 2025 dataset

  • Export Concentration IndexUNCTAD · 2025 · world median 0.3060.322Moved since 2015

    Somalia: 0.322 · world median 0.306 · Export concentration index (0–1, normalised Herfindahl–Hirschman). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.

    Published values in that edition run from 0.059 to 0.933.

    Chart and every countryThe 2025 dataset

  • Scholarly ArticlesOurResearch · 2025 · world median 2,240918Moved since 2022

    Somalia: 918 · world median 2,240 · Articles with at least one author at an institution in the country (full counting). OpenAlex (OurResearch), 2025 edition, data for 2025.

    Published values in that edition run from 1 to 1,094,890.

    Chart and every countryThe 2025 dataset

  • Price Level of Household ConsumptionGGDC · 2023 · world median 0.5230.431No real change since 2013

    Somalia: 0.431 · world median 0.523 · Price level of household consumption (US output price level in 2021 = 1). Groningen Growth and Development Centre (GGDC), 2023 edition, data for 2023.

    Published values in that edition run from 0.177 to 65.54.

    Chart and every countryThe 2023 dataset

  • Exports of Goods and Services (% of GDP)World Bank Group · 2025 · world median 36.3429.25Moved since 2015

    Somalia: 29.25 · world median 36.34 · Exports of goods and services (% of GDP). World Bank Group, 2025 edition, data for 2025.

    Published values in that edition run from 1.103 to 199.76.

    Position 89th of 138 · derived, counted from the highest value.

    Chart and every countryThe 2025 dataset

  • Terms of Trade IndexUNCTAD · 2025 · world median 103.2380.19Moved since 2015

    Somalia: 80.19 · world median 103.23 · Terms of trade index (2015 = 100). UN Trade and Development (UNCTAD), 2025 edition, data for 2025.

    Published values in that edition run from 38.2 to 1,448.

    Chart and every countryThe 2025 dataset

  • General Government ConsumptionWorld Bank Group · 2025 · world median 16.218.111Moved since 2015

    Somalia: 8.111 · world median 16.21 · General government final consumption expenditure (% of GDP). World Bank Group, 2025 edition, data for 2025.

    Published values in that edition run from 5.445 to 38.94.

    Position 123rd of 132 · derived, counted from the highest value.

    Chart and every countryThe 2025 dataset

  • Merchant Fleet by Country of OwnershipUNCTAD · 2026 · world median 275.730Moved since 2016

    Somalia: 0 · world median 275.73 · Merchant fleet owned (thousand dead-weight tons). UN Trade and Development (UNCTAD), 2026 edition, data for 2026.

    Published values in that edition run from 0 to 397,071.

    Chart and every countryThe 2026 dataset

  • Tax Revenue (% of GDP)OECD · 2024 · world median 21.853.11No real change since 2014

    Somalia: 3.11 · world median 21.85 · Total tax revenue, all levels of government (% of GDP). OECD, 2024 edition, data for 2024.

    Published values in that edition run from 3.11 to 45.18.

    Chart and every countryThe 2024 dataset

“Position · derived” is this site’s ordering of the published values, 1st = best unless the row says otherwise; the publisher ranks no country on it. Rank, position and standing

06The top of the list

Who leads on economy & innovation

The three countries placed highest of 176, and the leaders Somalia can most readily be measured against.

All 176 countries
  1. 1

    Austria

    Western Europe

    1st of 176 · 4 of 4 keys

    Photo: chensiyuan · CC BY-SA 4.0, greyscale

  2. 2

    Japan

    Eastern Asia

    2nd of 176 · 4 of 4 keys

    Photo: JurriaanH · CC BY-SA 3.0, greyscale

  3. 3

    Germany

    Western Europe

    3rd of 176 · 4 of 4 keys

    Photo: dronepicr · CC BY 2.0, greyscale

Placed highest nearby

  1. Highest in Africa

    Mauritius36th4/4 keys
  2. This page

    Somalia176th2/4 keys

Positions out of 176 placed on the topic. A country needs readings on enough keys to be placed, and the top of the list is often held on fewer of them.

08Questions

Somalia on economy & innovation: questions answered

Every answer is built from the numbers on this page, so none can say something the page does not.

How does Somalia rank on economy & innovation?

Somalia is placed 176th of 176 countries on Economy & Innovation in the Country Index 2026, from 2 of its 4 key statistics (GDP per Capita (PPP) and Firms with a Bank Loan or Line of Credit). The position is this site’s ordering of published statistics, not a rank any publisher printed.

What is the latest GDP per Capita (PPP) figure for Somalia?

1,404 in 2025 (gDP per capita (constant 2021 international $, PPP)), according to World Bank Group. The world median in the same edition was 17,265.

What is the latest Firms with a Bank Loan or Line of Credit figure for Somalia?

5.353 in 2025 (firms with a bank loan or line of credit (%)), according to World Bank Group. The world median in the same edition was 35.95.

How does Somalia compare with Ethiopia on economy & innovation?

Ethiopia is placed 148th of 176, and Somalia 176th. GDP per Capita (PPP): Ethiopia 3,095, Somalia 1,404; Firms with a Bank Loan or Line of Credit: Ethiopia 23.45, Somalia 5.353.

How have Somalia’s economy & innovation figures changed?

GDP per Capita (PPP) rose from 702.85 in 2000 to 1,404 in 2025.

Which economy & innovation statistics are missing for Somalia?

No current reading is published for Somalia on Account Ownership at a Financial Institution, Adjusted Net Savings, Agriculture, Forestry and Fishing Value Added (% of GDP), Average Monthly Earnings of Employees, Business Ready: Operational Efficiency, Business Ready: Public Services, Business Ready: Regulatory Framework, Complexity Outlook Index, Comprehensive Wealth per Capita, Container Port Traffic, Creative Goods Exports, Creative Services Exports, Digitally-Deliverable Services Exports, Economic Complexity Index, Foreign Value Added Share of Gross Exports, Frontier Technology Readiness Index, Gini Index, Gini Index of Disposable Income (SWIID), Global Innovation Index, Gross Savings (% of GDP), Historical GDP per Capita (Maddison), ICT Goods Exports, ICT Services Exports, Income Share Held by Lowest 20%, Income Share Held by Richest 10%, Industry Value Added including Construction (% of GDP), Informal Output (DGE Model Estimate), Manufacturing Value Added (% of GDP), Palma Ratio, Research and Development Spending, Researchers per Million Inhabitants, Services Exports, Statutory Corporate Income Tax Rate, Statutory Minimum Wage, Tariff Rate, Applied, Weighted Mean, All Products, Total Factor Productivity Level and World Energy Trilemma Index. They are listed rather than hidden, so the evidence on the page can be checked against it.

09Method

Method, sources and how to cite

What this topic does not measure

The total size of an economy is deliberately left out: a very large economy spread over a very large population is not doing more for each person. Growth rates, trade shares and the structure of output (how much is farming, industry or services) are published here as context, because they describe an economy's shape rather than how well it serves people. Jobs and wages have their own topic, Work & Labour.

About economy & innovation, in full

How the Economy & Innovation standing is decided

A standing is this site’s ordering, named with its edition — never a publisher’s rank. 4 key statistics vote, one vote each; every country’s published value becomes a place within that key’s own field, the places are averaged, and the average is never published. A country needs 2 of the 4 keys to be placed.

The economy & innovation method, step by stepHow every standing on this site is built

The key statistics and their licences

The other 35 statistics on this page come from 7 publishers, each named beside its numbers, with every edition and licence on the datasets pages.

The standing itself is part of the Country Index 2026, published under CC BY-SA 4.0.

Photographs

Somalia’s banner and the countries placed highest, from their profiles: Wikimedia Commons, shown in greyscale, each used under the licence named.

Cite this page

Nations Inquiry (2026). Somalia: Economy & Innovation — standing and statistics, Country Index 2026. https://nationsinquiry.com/countries/somalia/economy

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