Japan vs Somalia: Gross domestic income
Gross domestic income over time
- Japan
- Somalia
How they compare
Japan currently reports 574.71 trillion constant LCU against 303.48 trillion constant LCU in Somalia, a difference of 271.24 trillion constant LCU.
That makes Japan's figure about 1.9 times Somalia's.
Across all 32 years both countries report, Japan has been ahead every year.
Japan ranks 6th and Somalia ranks 8th of 179 countries.
Japan has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Japan | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 236.97 trillion constant LCU | 40.87 trillion constant LCU | 196.10 trillion constant LCU | Japan |
| 1980s | 351.73 trillion constant LCU | 51.96 trillion constant LCU | 299.76 trillion constant LCU | Japan |
| 2010s | 562.19 trillion constant LCU | 221.23 trillion constant LCU | 340.96 trillion constant LCU | Japan |
| 2020s | 566.88 trillion constant LCU | 274.71 trillion constant LCU | 292.17 trillion constant LCU | Japan |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross domestic income, Japan or Somalia?
- Japan, at 574.71 trillion constant LCU against 303.48 trillion constant LCU in Somalia as of 2024.
- What is the difference in gross domestic income between Japan and Somalia?
- 271.24 trillion constant LCU, with Japan ahead.
- How many years of comparable data are there for Japan and Somalia?
- 32 years are reported by both, from 1970 to 2024.
- How do Japan and Somalia rank globally for gross domestic income?
- Japan ranks 6th and Somalia ranks 8th of 179 countries.
- Where does this data come from?
- Country official statistics, National Statistical Organizations and/or Central Banks, published as Gross domestic income (constant LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Real gross domestic income (real GDI) measures the purchasing power of the total incomes generated by domestic production. It is a concept that exists in real terms only. When the terms of trade change there may be a significant divergence between the movements of GDP in volume terms and real GDI. The difference between the change in GDP in volume terms and real GDI is generally described as the “trading gain” (or loss) or, to turn this round, the trading gain or loss from changes in the terms of trade is the difference between real GDI and GDP in volume terms. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.