Somalia GDP: 2015 Price: USD: Gross Capital Formation

2012 - 2023 | Yearly | USD mn | World Bank

Somalia 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. Somalia 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. Somalia 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;

View Somalia's Somalia GDP: 2015 Price: USD: Gross Capital Formation from 2012 to 2023 in the chart:

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Somalia Somalia GDP: 2015 Price: USD: Gross Capital Formation
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Somalia Somalia GDP: 2015 Price: USD: Gross Capital Formation

What was Somalia's Somalia GDP: 2015 Price: USD: Gross Capital Formation in 2023?

Last Previous Min Max Unit Frequency Range
2,026.749 2023 1,865.106 2022 669.189 2012 2,026.749 2023 USD mn yearly 2012 - 2023

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Somalia Key Series

National Accounts Last Frequency Range
Forecast: Real GDP Growth (%) 4.500 2029 yearly 2012 - 2029
Government and Public Finance Last Frequency Range
Forecast: Government Revenue (USD bn) 0.664 2028 yearly 2013 - 2028
Forecast: Government Expenditure (%) 5.901 2028 yearly 2013 - 2028
Demographic and Labour Market Last Frequency Range
Forecast: Population (Person mn) 18.428 2028 yearly 2012 - 2028
Inflation Last Frequency Range
Forecast: Consumer Price Index Growth (%) 3.200 2028 yearly 2013 - 2028
Balance of Payments Last Frequency Range
Forecast: Current Account Balance (USD bn) -1.900 2028 yearly 2013 - 2028

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