Puntland GDP Report 2022 - Figures and Tables
Figure 1: Real GDP Annual Growth Rate 2013 to 2022
Table 1: GDP by Expenditure, Current Prices (Billion USD)
| Component | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Household final consumption | 2,449 | 2,656 | 2,772 | 2,957 | 2,849 | 2,772 | 2,898 | 3,196 | 3,438 | 3,601 | 4,182 |
| Government final consumption | 55 | 44 | 46 | 48 | 67 | 86 | 93 | 67 | 88 | 101 | 107 |
| Gross fixed capital formation | 153 | 162 | 172 | 181 | 191 | 236 | 236 | 265 | 307 | 338 | 441 |
| Exports of goods and services | 167 | 173 | 205 | 241 | 188 | 151 | 153 | 153 | 187 | 166 | 171 |
| Imports of goods and services | 827 | 892 | 1,011 | 1,010 | 1,086 | 1,215 | 1,354 | 1,430 | 1,537 | 1,730 | 2,161 |
| GDP at Current prices | 1,996 | 2,143 | 2,185 | 2,416 | 2,210 | 2,029 | 2,026 | 2,252 | 2,483 | 2,476 | 2,741 |
Figure 2: GDP Share per Component at Current Prices (2022)
Table 2: GDP by Expenditure, Constant Prices
| Component | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Household final consumption | 2,562 | 2,676 | 2,811 | 2,938 | 3,133 | 3,386 | 3,652 | 3,800 | 3,841 | 3,926 | 4,182 |
| Government final consumption | 59 | 45 | 47 | 48 | 74 | 101 | 117 | 80 | 98 | 109 | 107 |
| Gross fixed capital formation | 181 | 187 | 195 | 217 | 231 | 275 | 273 | 312 | 360 | 367 | 441 |
| Exports of goods and services | 180 | 184 | 212 | 247 | 200 | 164 | 177 | 187 | 203 | 175 | 171 |
| Imports of goods and services | 924 | 979 | 1,140 | 1,118 | 1,279 | 1,494 | 1,752 | 1,817 | 1,849 | 1,870 | 2,161 |
| GDP at Constant prices | 2,058 | 2,114 | 2,126 | 2,332 | 2,359 | 2,432 | 2,467 | 2,562 | 2,653 | 2,707 | 2,741 |
Figure 3: Household Final Consumption Expenditure at Current Prices
Table 3: GDP by Expenditure, Current Prices, Percentage Shares
| Component | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Household final consumption | 122.7% | 123.9% | 126.9% | 122.4% | 128.9% | 136.6% | 143.0% | 141.9% | 138.5% | 145.5% | 152.6% |
| Government final consumption | 2.8% | 2.1% | 2.1% | 2.0% | 3.1% | 4.2% | 4.6% | 3.0% | 3.5% | 4.1% | 3.9% |
| Gross fixed capital formation | 7.6% | 7.6% | 7.9% | 7.5% | 8.6% | 11.6% | 11.7% | 11.8% | 12.4% | 13.7% | 16.1% |
| Exports of goods and services | 8.4% | 8.1% | 9.4% | 10.0% | 8.5% | 7.4% | 7.6% | 6.8% | 7.5% | 6.7% | 6.2% |
| Imports of goods and services | 41.5% | 41.6% | 46.3% | 41.8% | 49.1% | 59.8% | 66.8% | 63.5% | 61.9% | 69.9% | 78.8% |
| GDP at Constant prices | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
Figure 4: Government Final Consumption Expenditure
Table 4: GDP by Expenditure, Constant Prices, Percent Annual Change
| Component | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Household final consumption | 4.4% | 5.1% | 4.5% | 6.7% | 8.1% | 7.8% | 4.1% | 1.1% | 2.2% | 6.5% |
| Government final consumption | -23.9% | 4.3% | 1.6% | 55.1% | 35.7% | 16.4% | -31.4% | 21.8% | 11.4% | -1.7% |
| Gross fixed capital formation | 3.2% | 4.7% | 11.1% | 6.2% | 19.2% | -0.7% | 14.2% | 15.5% | 2.0% | 20.0% |
| Exports of goods and services | 2.6% | 15.1% | 16.3% | -19.0% | -18.0% | 8.1% | 5.4% | 8.7% | -14.0% | -1.9% |
| Imports of goods and services | 5.9% | 16.5% | -1.9% | 14.4% | 16.8% | 17.3% | 3.7% | 1.8% | 1.2% | 15.5% |
| GDP at purchasers' prices | 2.7% | 0.6% | 9.7% | 1.2% | 3.1% | 1.4% | 3.8% | 3.6% | 2.0% | 1.3% |
Figure 5: Gross Fixed Capital Formation
Table 5: GDP by Expenditure, Current Prices, Percent Annual Change
| Component | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Household final consumption | 8.5% | 4.4% | 6.7% | -3.7% | -2.7% | 4.6% | 10.3% | 7.6% | 4.7% | 16.1% |
| Government final consumption | -19.6% | 3.9% | 3.8% | 41.5% | 27.1% | 8.6% | -27.7% | 30.1% | 15.0% | 6.6% |
| Gross fixed capital formation | 6.2% | 5.8% | 5.5% | 5.2% | 23.7% | 0.2% | 12.3% | 15.8% | 10.2% | 30.3% |
| Exports of goods and services | 3.9% | 18.7% | 17.1% | -21.7% | -20.0% | 1.6% | 0.1% | 21.8% | -11.2% | 3.3% |
Figure 6: Exports 2012-2022
Table 6: Average Annual Growth Rate (Constant Price)
| Component | 2022 |
|---|---|
| Household final consumption | 6.3% |
| Government final consumption | 11.2% |
| Gross fixed capital formation | 11.9% |
| Exports of goods and services | 0.4% |
| Imports of goods and services | 11.4% |
| GDP at purchasers' prices | 3.7% |
Figure 7: Imports
Table 7: Average Annual Growth Rate (Current Price)
| Component | 2022 |
|---|---|
| Household final consumption | 5.6% |
| Government final consumption | 8.9% |
| Gross fixed capital formation | 11.5% |
| Exports of goods and services | 1.3% |
| Imports of goods and services | 10.2% |
| GDP at purchasers' prices | 3.5% |