Latin America & the Caribbean (IDA & IBRD countries) vs Somalia: Gross fixed capital formation (current US$), per unit of GDP
Gross fixed capital formation (current US$), per unit of GDP over time
- Latin America & the Caribbean (IDA & IBRD countries)
- Somalia
How they compare
Somalia currently reports 0.2811 current US$ per US$ of GDP against 0.1893 current US$ per US$ of GDP in Latin America & the Caribbean (IDA & IBRD countries), a difference of 0.0918 current US$ per US$ of GDP.
That makes Somalia's figure about 1.5 times Latin America & the Caribbean (IDA & IBRD countries)'s.
The two have swapped places 7 times across 35 shared years of data; in 1970 it was Latin America & the Caribbean (IDA & IBRD countries) ahead.
Latin America & the Caribbean (IDA & IBRD countries) ranks 40th and Somalia ranks 39th of 43 groups.
Across the 5 decades both report, Latin America & the Caribbean (IDA & IBRD countries) averaged higher in 3 and Somalia in 2.
Head to head by decade
| Decade | Latin America & the Caribbean (IDA & IBRD countries) | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 0.2203 current US$ per US$ of GDP | 0.151 current US$ per US$ of GDP | 0.0693 current US$ per US$ of GDP | Latin America & the Caribbean (IDA & IBRD countries) |
| 1980s | 0.2048 current US$ per US$ of GDP | 0.267 current US$ per US$ of GDP | 0.0622 current US$ per US$ of GDP | Somalia |
| 1990s | 0.1849 current US$ per US$ of GDP | 0.1325 current US$ per US$ of GDP | 0.0524 current US$ per US$ of GDP | Latin America & the Caribbean (IDA & IBRD countries) |
| 2010s | 0.1974 current US$ per US$ of GDP | 0.1444 current US$ per US$ of GDP | 0.0529 current US$ per US$ of GDP | Latin America & the Caribbean (IDA & IBRD countries) |
| 2020s | 0.1922 current US$ per US$ of GDP | 0.2268 current US$ per US$ of GDP | 0.0347 current US$ per US$ of GDP | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation (current us$), per unit of gdp, Latin America & the Caribbean (IDA & IBRD countries) or Somalia?
- Somalia, at 0.2811 current US$ per US$ of GDP against 0.1893 current US$ per US$ of GDP in Latin America & the Caribbean (IDA & IBRD countries) as of 2025.
- What is the difference in gross fixed capital formation (current us$), per unit of gdp between Latin America & the Caribbean (IDA & IBRD countries) and Somalia?
- 0.0918 current US$ per US$ of GDP, with Somalia ahead.
- How many years of comparable data are there for Latin America & the Caribbean (IDA & IBRD countries) and Somalia?
- 35 years are reported by both, from 1970 to 2025.
- How do Latin America & the Caribbean (IDA & IBRD countries) and Somalia rank globally for gross fixed capital formation (current us$), per unit of gdp?
- Latin America & the Caribbean (IDA & IBRD countries) ranks 40th and Somalia ranks 39th of 43 groups.
- Where does this data come from?
- Statizoid (derived), published as Gross fixed capital formation (current US$), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Gross fixed capital formation (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.