Somalia

Somalia held 148th place, between Malawi and Equatorial Guinea, as US$ GDP rose 8.6% to US$13.0 billion. Most of that gain was exchange-rate and price effects, not output; real growth was +3.0%. Sector shares of output are not reported for the economy, and neither is government debt.

Unemployment stood high at 18.9%, while inflation was 3.7%. With 19.7 million people, GDP per capita is US$661, 189th of 196, and $1,643 international dollars on a PPP basis, 192nd. Somalia is the 31st-largest of 47 economies in Sub-Saharan Africa, about the size of the El Centro, CA metro area. In 2000, GDP stood at US$3.4 billion and it ranked 134th; US$ GDP has since grown 3.8 times. The IMF projects a +60% rise to US$20.8 billion by 2030, which would lift Somalia to 139th among the 188 economies with forecasts.