Somalia Gross Domestic Product: Real
GDP: 2015 Price: USD: Gross Capital Formation
GDP: 2015 Price: USD: Gross Capital Formation data was reported at 2.027 USD bn in 2023. This records an increase from the previous number of 1.865 USD bn for 2022. GDP: 2015 Price: USD: Gross Capital Formation data is updated yearly, averaging 1.116 USD bn from Dec 2012 (Median) to 2023, with 12 observations. The data reached an all-time high of 2.027 USD bn in 2023 and a record low of 669.189 USD mn in 2012. GDP: 2015 Price: USD: Gross Capital Formation 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: Real. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 2008 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant 2015 prices, expressed in U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 2,026.749 2023 | yearly | 2012 - 2023 |
View Somalia's GDP: 2015 Price: USD: Gross Capital Formation from 2012 to 2023 in the chart:
GDP: 2015 Price: USD: Gross National Expenditure
GDP: 2015 Price: USD: Gross National Expenditure data was reported at 13.605 USD bn in 2023. This records an increase from the previous number of 12.937 USD bn for 2022. GDP: 2015 Price: USD: Gross National Expenditure data is updated yearly, averaging 11.174 USD bn from Dec 2012 (Median) to 2023, with 12 observations. The data reached an all-time high of 13.605 USD bn in 2023 and a record low of 6.909 USD bn in 2012. GDP: 2015 Price: USD: Gross National Expenditure 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: Real. Gross national expenditure (formerly domestic absorption) is the sum of household final consumption expenditure (formerly private consumption), general government final consumption expenditure (formerly general government consumption), and gross capital formation (formerly gross domestic investment). Data are in constant 2015 prices, expressed in U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 13,604.573 2023 | yearly | 2012 - 2023 |
View Somalia's GDP: 2015 Price: USD: Gross National Expenditure from 2012 to 2023 in the chart:
SO: 2015 Price: USD: per capita: Final Consumption Expenditure: Households and NPISHs
SO: 2015 Price: USD: per capita: Final Consumption Expenditure: Households and NPISHs data was reported at 591.012 USD in 2023. This records an increase from the previous number of 582.981 USD for 2022. SO: 2015 Price: USD: per capita: Final Consumption Expenditure: Households and NPISHs data is updated yearly, averaging 577.522 USD from Dec 2012 (Median) to 2023, with 12 observations. The data reached an all-time high of 634.968 USD in 2017 and a record low of 485.906 USD in 2012. SO: 2015 Price: USD: per capita: Final Consumption Expenditure: Households and NPISHs 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: Real. Household final consumption expenditure per capita (private consumption per capita) is calculated using private consumption in constant 2015 prices and World Bank population estimates. Household final consumption expenditure is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in constant 2015 U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 591.012 2023 | yearly | 2012 - 2023 |
View Somalia's SO: 2015 Price: USD: per capita: Final Consumption Expenditure: Households and NPISHs from 2012 to 2023 in the chart:
SO: Adjusted Net National Income per Capita: USD: 2015 Price
SO: Adjusted Net National Income per Capita: USD: 2015 Price data was reported at 306.482 USD in 2021. This records an increase from the previous number of 301.617 USD for 2020. SO: Adjusted Net National Income per Capita: USD: 2015 Price data is updated yearly, averaging 284.331 USD from Dec 2013 (Median) to 2021, with 9 observations. The data reached an all-time high of 307.756 USD in 2019 and a record low of 266.937 USD in 2013. SO: Adjusted Net National Income per Capita: USD: 2015 Price 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: Real. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 306.482 2021 | yearly | 2013 - 2021 |
View Somalia's SO: Adjusted Net National Income per Capita: USD: 2015 Price from 2013 to 2021 in the chart:
SO:(GDP) Gross Domestic Productper Capita: USD: 2015 Price
SO: GDP per Capita: USD: 2015 Price data was reported at 465.161 USD in 2023. This records an increase from the previous number of 460.300 USD for 2022. SO: GDP per Capita: USD: 2015 Price data is updated yearly, averaging 278.933 USD from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 506.501 USD in 2017 and a record low of 210.446 USD in 1994. SO: GDP per Capita: USD: 2015 Price 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: Real. GDP per capita is gross domestic product divided by midyear population. GDP 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 constant 2015 U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 465.161 2023 | yearly | 1960 - 2023 |
View Somalia's SO:(GDP) Gross Domestic Productper Capita: USD: 2015 Price from 1960 to 2023 in the chart:
SO: GDP: 2015 Price: USD
SO: GDP: 2015 Price: USD data was reported at 8.540 USD bn in 2023. This records an increase from the previous number of 8.194 USD bn for 2022. SO: GDP: 2015 Price: USD data is updated yearly, averaging 1.705 USD bn from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 8.540 USD bn in 2023 and a record low of 862.418 USD mn in 1965. SO: GDP: 2015 Price: 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: Real. 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 constant 2015 prices, expressed in U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2015 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;
| Last | Frequency | Range |
|---|---|---|
| 8,539.706 2023 | yearly | 1960 - 2023 |
View Somalia's SO: GDP: 2015 Price: USD from 1960 to 2023 in the chart:
SO: GDP: 2015 Price: USD: Adjusted Net National Income
SO: GDP: 2015 Price: USD: Adjusted Net National Income data was reported at 5.293 USD bn in 2021. This records an increase from the previous number of 5.022 USD bn for 2020. SO: GDP: 2015 Price: USD: Adjusted Net National Income data is updated yearly, averaging 4.175 USD bn from Dec 2013 (Median) to 2021, with 9 observations. The data reached an all-time high of 5.293 USD bn in 2021 and a record low of 3.435 USD bn in 2013. SO: GDP: 2015 Price: USD: Adjusted Net National Income 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: Real. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 5,293.377 2021 | yearly | 2013 - 2021 |
View Somalia's SO: GDP: 2015 Price: USD: Adjusted Net National Income from 2013 to 2021 in the chart:
SO: GDP: 2015 Price: USD: Exports of Goods and Services
SO: GDP: 2015 Price: USD: Exports of Goods and Services data was reported at 1.588 USD bn in 2023. This records an increase from the previous number of 1.351 USD bn for 2022. SO: GDP: 2015 Price: USD: Exports of Goods and Services data is updated yearly, averaging 1.026 USD bn from Dec 2012 (Median) to 2023, with 12 observations. The data reached an all-time high of 1.588 USD bn in 2023 and a record low of 865.633 USD mn in 2012. SO: GDP: 2015 Price: USD: Exports of Goods and Services 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: Real. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2015 prices, expressed in U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 1,587.617 2023 | yearly | 2012 - 2023 |
View Somalia's SO: GDP: 2015 Price: USD: Exports of Goods and Services from 2012 to 2023 in the chart:
SO: GDP: 2015 Price: USD: Final Consumption Expenditure: Households and NPISHs
SO: GDP: 2015 Price: USD: Final Consumption Expenditure: Households and NPISHs data was reported at 10.850 USD bn in 2023. This records an increase from the previous number of 10.378 USD bn for 2022. SO: GDP: 2015 Price: USD: Final Consumption Expenditure: Households and NPISHs data is updated yearly, averaging 9.575 USD bn from Dec 2012 (Median) to 2023, with 12 observations. The data reached an all-time high of 10.850 USD bn in 2023 and a record low of 6.055 USD bn in 2012. SO: GDP: 2015 Price: USD: Final Consumption Expenditure: Households and NPISHs 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: Real. Household and NPISHs final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. This indicator includes the expenditures of nonprofit institutions serving households even when reported separately by the country. Data are in constant 2015 prices, expressed in U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 10,850.165 2023 | yearly | 2012 - 2023 |
View Somalia's SO: GDP: 2015 Price: USD: Final Consumption Expenditure: Households and NPISHs from 2012 to 2023 in the chart:
SO: GDP: 2015 Price: USD: Imports of Goods and Services
SO: GDP: 2015 Price: USD: Imports of Goods and Services data was reported at 6.727 USD bn in 2023. This records an increase from the previous number of 6.142 USD bn for 2022. SO: GDP: 2015 Price: USD: Imports of Goods and Services data is updated yearly, averaging 4.496 USD bn from Dec 2012 (Median) to 2023, with 12 observations. The data reached an all-time high of 6.727 USD bn in 2023 and a record low of 3.182 USD bn in 2012. SO: GDP: 2015 Price: USD: Imports of Goods and Services 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: Real. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2015 prices, expressed in U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Gap-filled total;
| Last | Frequency | Range |
|---|---|---|
| 6,726.537 2023 | yearly | 2012 - 2023 |
View Somalia's SO: GDP: 2015 Price: USD: Imports of Goods and Services from 2012 to 2023 in the chart:
SO: GNI per Capita: USD: 2015 Price
SO: GNI per Capita: USD: 2015 Price data was reported at 463.252 USD in 2023. This records an increase from the previous number of 458.273 USD for 2022. SO: GNI per Capita: USD: 2015 Price data is updated yearly, averaging 459.748 USD from Dec 2013 (Median) to 2023, with 11 observations. The data reached an all-time high of 504.293 USD in 2017 and a record low of 394.623 USD in 2013. SO: GNI per Capita: USD: 2015 Price 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: Real. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2015 U.S. dollars.;World Bank national accounts data, and OECD National Accounts data files.;Weighted average;
| Last | Frequency | Range |
|---|---|---|
| 463.252 2023 | yearly | 2013 - 2023 |