Adjusted net national income (current US$), annual growth rate in Somalia
Somalia: Adjusted net national income (current US$), annual growth rate was 11.12 % change on previous year in 2021. ◆ Volatile
Adjusted net national income (current US$), annual growth rate in Somalia, 1981–2021
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for adjusted net national income (current us$), annual growth rate in Somalia is 11.12 % change on previous year, measured in 2021.
That represents a change of up 142.1% on the previous year and up 21.1% over ten years.
Over the whole period, adjusted net national income (current us$), annual growth rate in Somalia peaked at 19.8 % change on previous year in 1981 and was at its lowest, -22.45 % change on previous year, in 1990.
That places Somalia 85th out of 183 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted net national income (current US$), annual growth rate in Somalia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1981 | 19.8 % change on previous year | — |
| 1982 | 4.14 % change on previous year | -79.1% |
| 1983 | 1.19 % change on previous year | -71.3% |
| 1984 | 3.23 % change on previous year | +172.0% |
| 1985 | 14.83 % change on previous year | +359.3% |
| 1986 | 0.6461 % change on previous year | -95.6% |
| 1987 | 11.64 % change on previous year | +1702.5% |
| 1988 | 1.37 % change on previous year | -88.3% |
| 1989 | 3.95 % change on previous year | +188.8% |
| 1990 | -22.45 % change on previous year | -668.1% |
| 2014 | 9.18 % change on previous year | -140.9% |
| 2015 | 5.14 % change on previous year | -44.0% |
| 2016 | 2.75 % change on previous year | -46.6% |
| 2017 | 2.5 % change on previous year | -8.9% |
| 2018 | 14.23 % change on previous year | +468.5% |
| 2019 | 12.13 % change on previous year | -14.8% |
| 2020 | 4.59 % change on previous year | -62.1% |
| 2021 | 11.12 % change on previous year | +142.1% |
Somalia compared with similar countries
- Somalia's 11.12 % change on previous year is above the median for low income countries, which is 5.58 % change on previous year, 2.0× the median. (23 countries reporting)
- Somalia's 11.12 % change on previous year is above the median for Sub-Saharan Africa, which is 10.54 % change on previous year, 1.1× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Adjusted net national income (current US$), annual growth rate in Somalia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1987 | +1702.5% | 0.6461 % change on previous year | 11.64 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 6.76 % change on previous year | 0.6461 % change on previous year | 19.8 % change on previous year | 9 |
| 1990s | -22.45 % change on previous year | -22.45 % change on previous year | -22.45 % change on previous year | 1 |
| 2010s | 7.66 % change on previous year | 2.5 % change on previous year | 14.23 % change on previous year | 6 |
| 2020s | 7.86 % change on previous year | 4.59 % change on previous year | 11.12 % change on previous year | 2 |
Countries ranked near Somalia
- 82 Switzerland 11.43 % change on previous year compare
- 83 Senegal 11.41 % change on previous year compare
- 84 Portugal 11.27 % change on previous year compare
- 86 Kenya 10.95 % change on previous year compare
- 87 Russia 10.92 % change on previous year compare
- 88 Tunisia 10.83 % change on previous year compare
More economy & growth data for Somalia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.52 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 765.00 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 13.08 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0639 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 40.24 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -0.3355 % change on previous year (1989)
- Total reserves (includes gold, current US$), per unit of GDP 0.0196 includes gold, current US$ per US$ of GDP (1989)
- Total reserves (includes gold, current US$), per capita 3.25 includes gold, current US$ per person (1989)
- Total reserves minus gold (current US$), annual growth rate 0.6536 % change on previous year (1989)
Frequently asked questions
- What is adjusted net national income (current us$), annual growth rate in Somalia?
- Adjusted net national income (current us$), annual growth rate in Somalia was 11.12 % change on previous year in 2021, according to Statizoid (derived).
- What is the highest adjusted net national income (current us$), annual growth rate recorded in Somalia?
- The highest recorded value was 19.8 % change on previous year in 1981.
- What is the lowest adjusted net national income (current us$), annual growth rate recorded in Somalia?
- The lowest recorded value was -22.45 % change on previous year in 1990.
- How does Somalia rank for adjusted net national income (current us$), annual growth rate?
- Somalia ranks 85th out of 183 countries with data for 2021.
- Is adjusted net national income (current us$), annual growth rate rising or falling in Somalia?
- Over the last ten years it is up 21.1%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from Statizoid (derived), published as part of Adjusted net national income (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 18 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Adjusted net national income (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Adjusted net national income Staff estimates, World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Adjusted net national income (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.