Adjusted net national income in Somalia

Somalia: Adjusted net national income was 6.16 billion current US$ in 2021. ◆ Volatile

Latest (2021)
6.16 billion current US$
Change on year
up 11.1%
World rank
146th
of 184 countries
All-time high
6.16 billion current US$
in 2021
All-time low
483.63 million current US$
in 1980
Years of data
20
1980–2021

Adjusted net national income in Somalia, 1980–2021

02.0B4.0B6.0B1980200020211980: 483.6M current US$1981: 579.4M current US$1982: 603.4M current US$1983: 610.6M current US$1984: 630.3M current US$1985: 723.8M current US$1986: 728.4M current US$1987: 813.3M current US$1988: 824.4M current US$1989: 857.0M current US$1990: 664.6M current US$2013: 3.4B current US$2014: 3.7B current US$2015: 3.9B current US$2016: 4.0B current US$2017: 4.1B current US$2018: 4.7B current US$2019: 5.3B current US$2020: 5.5B current US$2021: 6.2B current US$

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

Somalia recorded 6.16 billion current US$ for adjusted net national income in 2021. That is the highest value across all 20 years on record.

That represents a change of up 11.1% on the previous year and up 80.0% over ten years.

Over the whole period, adjusted net national income in Somalia peaked at 6.16 billion current US$ in 2021 and was at its lowest, 483.63 million current US$, in 1980.

That places Somalia 146th out of 184 countries with data for 2021, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 685.42 million current US$ 483.63 million current US$ 856.97 million current US$ 10
1990s 664.60 million current US$ 664.60 million current US$ 664.60 million current US$ 1
2010s 4.18 billion current US$ 3.42 billion current US$ 5.30 billion current US$ 7
2020s 5.85 billion current US$ 5.54 billion current US$ 6.16 billion current US$ 2

Countries ranked near Somalia

  1. 143 Chad 8.36 billion current US$ compare
  2. 144 Togo 7.39 billion current US$ compare
  3. 145 Congo 6.30 billion current US$ compare
  4. 147 Kyrgyzstan 5.96 billion current US$ compare
  5. 148 Montenegro 5.25 billion current US$ compare
  6. 149 Guyana 5.12 billion current US$ compare

See the full ranking of 231 places →

More economy & growth data for Somalia

All data for Somalia →

Frequently asked questions

What is adjusted net national income in Somalia?
Adjusted net national income in Somalia was 6.16 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted net national income recorded in Somalia?
The highest recorded value was 6.16 billion current US$ in 2021.
What is the lowest adjusted net national income recorded in Somalia?
The lowest recorded value was 483.63 million current US$ in 1980.
How does Somalia rank for adjusted net national income?
Somalia ranks 146th out of 184 countries with data for 2021.
Is adjusted net national income rising or falling in Somalia?
Over the last ten years it is up 80.0%. The long-run trend across the full record is volatile.
Where does this Somalia data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Adjusted net national income (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Adjusted net national income (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
231 places, 9,520 data points, 1970–2021
Last refreshed

Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.