Somalia SO: GDP: USD

Somalia SO: GDP: USD data was reported at 7.369 USD bn in 2017. This records an increase from the previous number of 6.753 USD bn for 2016. Somalia SO: GDP: USD data is updated yearly, averaging 6.631 USD bn from Dec 2013 to 2017, with 5 observations. The data reached an all-time high of 7.369 USD bn in 2017 and a record low of 6.487 USD bn in 2013. Somalia SO: GDP: USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Somalia – Table SO.World Bank.WDI: Gross Domestic Product: Nominal. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.; ; World Bank national accounts data, and OECD National Accounts data files.; Gap-filled total;

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