Somalia vs World: Gross Fixed Capital Formation — Value US$, annual growth rate
Somalia
15.73 % change on previous year
in 2024
World
3.99 % change on previous year
in 2024
Somalia rank
19th
World rank
16th
Gross Fixed Capital Formation — Value US$, annual growth rate over time
- Somalia
- World
How they compare
Somalia currently reports 15.73 % change on previous year against 3.99 % change on previous year in World, a difference of 11.74 % change on previous year.
That makes Somalia's figure about 3.9 times World's.
The two have swapped places 27 times across 54 shared years of data; in 1971 it was World ahead.
Somalia ranks 19th and World ranks 16th of 235 countries.
Across the 6 decades both report, Somalia averaged higher in 5 and World in 1.
Head to head by decade
| Decade | Somalia | World | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 19.26 % change on previous year | 15.44 % change on previous year | 3.82 % change on previous year | Somalia |
| 1980s | 49.4 % change on previous year | 5.71 % change on previous year | 43.68 % change on previous year | Somalia |
| 1990s | 11.71 % change on previous year | 4.17 % change on previous year | 7.54 % change on previous year | Somalia |
| 2000s | 2.44 % change on previous year | 6.75 % change on previous year | 4.31 % change on previous year | World |
| 2010s | 14.16 % change on previous year | 4.8 % change on previous year | 9.36 % change on previous year | Somalia |
| 2020s | 16.33 % change on previous year | 4.75 % change on previous year | 11.59 % change on previous year | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher gross fixed capital formation — value us$, annual growth rate, Somalia or World?
- Somalia, at 15.73 % change on previous year against 3.99 % change on previous year in World as of 2024.
- What is the difference in gross fixed capital formation — value us$, annual growth rate between Somalia and World?
- 11.74 % change on previous year, with Somalia ahead.
- How many years of comparable data are there for Somalia and World?
- 54 years are reported by both, from 1971 to 2024.
- How do Somalia and World rank globally for gross fixed capital formation — value us$, annual growth rate?
- Somalia ranks 19th and World ranks 16th of 235 countries.
- Where does this data come from?
- Statizoid (derived), published as Gross Fixed Capital Formation — Value US$, annual growth rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.