Adjusted savings: consumption of fixed capital in Somalia
Somalia: Adjusted savings: consumption of fixed capital was 573.48 million current US$ in 2021. ◆ Volatile
Adjusted savings: consumption of fixed capital in Somalia, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
In 2021, adjusted savings: consumption of fixed capital in Somalia stood at 573.48 million current US$. That is the highest value across all 30 years on record.
Compared with earlier readings it is up 10.9% on the previous year and up 85.1% over ten years.
Over the whole period, adjusted savings: consumption of fixed capital in Somalia peaked at 573.48 million current US$ in 2021 and was at its lowest, 15.85 million current US$, in 1970.
Somalia ranks 159th of 206 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: consumption of fixed capital in Somalia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 15.85 million current US$ | — |
| 1971 | 17.09 million current US$ | +7.9% |
| 1972 | 18.72 million current US$ | +9.5% |
| 1973 | 25.31 million current US$ | +35.2% |
| 1974 | 24.74 million current US$ | -2.3% |
| 1975 | 38.81 million current US$ | +56.9% |
| 1976 | 40.28 million current US$ | +3.8% |
| 1977 | 24.15 million current US$ | -40.0% |
| 1978 | 23.49 million current US$ | -2.8% |
| 1979 | 25.49 million current US$ | +8.5% |
| 1980 | 26.51 million current US$ | +4.0% |
| 1981 | 31.24 million current US$ | +17.8% |
| 1982 | 35.17 million current US$ | +12.6% |
| 1983 | 33.92 million current US$ | -3.5% |
| 1984 | 36.49 million current US$ | +7.6% |
| 1985 | 48.14 million current US$ | +31.9% |
| 1986 | 53.62 million current US$ | +11.4% |
| 1987 | 56.67 million current US$ | +5.7% |
| 1988 | 54.80 million current US$ | -3.3% |
| 1989 | 57.10 million current US$ | +4.2% |
| 1990 | 46.67 million current US$ | -18.3% |
| 2013 | 309.86 million current US$ | +564.0% |
| 2014 | 341.38 million current US$ | +10.2% |
| 2015 | 372.97 million current US$ | +9.3% |
| 2016 | 388.45 million current US$ | +4.2% |
| 2017 | 393.13 million current US$ | +1.2% |
| 2018 | 411.62 million current US$ | +4.7% |
| 2019 | 457.35 million current US$ | +11.1% |
| 2020 | 517.10 million current US$ | +13.1% |
| 2021 | 573.48 million current US$ | +10.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.39 million current US$ | 15.85 million current US$ | 40.28 million current US$ | 10 |
| 1980s | 43.37 million current US$ | 26.51 million current US$ | 57.10 million current US$ | 10 |
| 1990s | 46.67 million current US$ | 46.67 million current US$ | 46.67 million current US$ | 1 |
| 2010s | 382.11 million current US$ | 309.86 million current US$ | 457.35 million current US$ | 7 |
| 2020s | 545.29 million current US$ | 517.10 million current US$ | 573.48 million current US$ | 2 |
Countries ranked near Somalia
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)
- Gross value added at basic prices (GVA) (current LCU), annual growth 211.84 % change on previous year (1990)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1,616 current LCU per US$ of GDP (1990)
- Gross value added at basic prices (GVA) (current LCU), per capita 235,336 current LCU per person (1990)
- GDP (current US$), annual growth rate 8.59 % change on previous year (2025)
- GDP (current US$), per capita 661.17 current US$ per person (2025)
- GDP (current LCU), annual growth rate 16.26 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 30,103 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 19.90 million current LCU per person (2025)
Frequently asked questions
- What is adjusted savings: consumption of fixed capital in Somalia?
- Adjusted savings: consumption of fixed capital in Somalia was 573.48 million current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: consumption of fixed capital recorded in Somalia?
- The highest recorded value was 573.48 million current US$ in 2021.
- What is the lowest adjusted savings: consumption of fixed capital recorded in Somalia?
- The lowest recorded value was 15.85 million current US$ in 1970.
- How does Somalia rank for adjusted savings: consumption of fixed capital?
- Somalia ranks 159th out of 206 countries with data for 2021.
- Is adjusted savings: consumption of fixed capital rising or falling in Somalia?
- Over the last ten years it is up 85.1%. 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 savings: consumption of fixed capital (current US$). Statizoid updates them automatically from the source API.
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About this data
Consumption of fixed capital represents the replacement value of capital used up in the process of production. 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.