Adjusted savings: education expenditure (current US$), per unit of GDP in Somalia
Somalia: Adjusted savings: education expenditure (current US$), per unit of GDP was 0.0079 current US$ per US$ of GDP in 2021. ▼ Falling
Adjusted savings: education expenditure (current US$), per unit of GDP in Somalia, 1970–2021
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for adjusted savings: education expenditure (current us$), per unit of gdp in Somalia is 0.0079 current US$ per US$ of GDP, measured in 2021.
Compared with earlier readings it is up 0.8% on the previous year and down 10.9% over ten years.
Over the whole period, adjusted savings: education expenditure (current us$), per unit of gdp in Somalia peaked at 0.0104 current US$ per US$ of GDP in 1973 and was at its lowest, 0.0073 current US$ per US$ of GDP, in 2017.
Somalia ranks 190th of 194 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 30 years of available data.
Adjusted savings: education expenditure (current US$), per unit of GDP in Somalia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0097 current US$ per US$ of GDP | — |
| 1971 | 0.0098 current US$ per US$ of GDP | +0.3% |
| 1972 | 0.0093 current US$ per US$ of GDP | -4.6% |
| 1973 | 0.0104 current US$ per US$ of GDP | +12.0% |
| 1974 | 0.0081 current US$ per US$ of GDP | -22.0% |
| 1975 | 0.0093 current US$ per US$ of GDP | +14.5% |
| 1976 | 0.0092 current US$ per US$ of GDP | -1.2% |
| 1977 | 0.0099 current US$ per US$ of GDP | +7.6% |
| 1978 | 0.0099 current US$ per US$ of GDP | +0.1% |
| 1979 | 0.01 current US$ per US$ of GDP | +0.6% |
| 1980 | 0.0099 current US$ per US$ of GDP | -0.5% |
| 1981 | 0.0098 current US$ per US$ of GDP | -0.7% |
| 1982 | 0.0098 current US$ per US$ of GDP | -0.9% |
| 1983 | 0.0098 current US$ per US$ of GDP | +0.6% |
| 1984 | 0.0094 current US$ per US$ of GDP | -4.5% |
| 1985 | 0.0094 current US$ per US$ of GDP | -0.0% |
| 1986 | 0.0094 current US$ per US$ of GDP | +0.8% |
| 1987 | 0.0093 current US$ per US$ of GDP | -1.3% |
| 1988 | 0.0092 current US$ per US$ of GDP | -1.1% |
| 1989 | 0.0085 current US$ per US$ of GDP | -7.6% |
| 1990 | 0.008 current US$ per US$ of GDP | -5.8% |
| 2013 | 0.0089 current US$ per US$ of GDP | +10.9% |
| 2014 | 0.0086 current US$ per US$ of GDP | -2.9% |
| 2015 | 0.0085 current US$ per US$ of GDP | -1.1% |
| 2016 | 0.0082 current US$ per US$ of GDP | -3.5% |
| 2017 | 0.0073 current US$ per US$ of GDP | -12.1% |
| 2018 | 0.0073 current US$ per US$ of GDP | +1.1% |
| 2019 | 0.0074 current US$ per US$ of GDP | +0.8% |
| 2020 | 0.0079 current US$ per US$ of GDP | +6.5% |
| 2021 | 0.0079 current US$ per US$ of GDP | +0.8% |
Somalia compared with similar countries
- Somalia's 0.0079 current US$ per US$ of GDP is below the median for low income countries, which is 0.0253 current US$ per US$ of GDP, 31% of the median. (24 countries reporting)
- Somalia's 0.0079 current US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.0313 current US$ per US$ of GDP, 25% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0096 current US$ per US$ of GDP | 0.0081 current US$ per US$ of GDP | 0.0104 current US$ per US$ of GDP | 10 |
| 1980s | 0.0095 current US$ per US$ of GDP | 0.0085 current US$ per US$ of GDP | 0.0099 current US$ per US$ of GDP | 10 |
| 1990s | 0.008 current US$ per US$ of GDP | 0.008 current US$ per US$ of GDP | 0.008 current US$ per US$ of GDP | 1 |
| 2010s | 0.008 current US$ per US$ of GDP | 0.0073 current US$ per US$ of GDP | 0.0089 current US$ per US$ of GDP | 7 |
| 2020s | 0.0079 current US$ per US$ of GDP | 0.0079 current US$ per US$ of GDP | 0.0079 current US$ per US$ of GDP | 2 |
Countries ranked near Somalia
- 187 Cambodia 0.0123 current US$ per US$ of GDP compare
- 188 Chad 0.0119 current US$ per US$ of GDP compare
- 189 Guinea-Bissau 0.01 current US$ per US$ of GDP compare
- 191 Equatorial Guinea 0.0075 current US$ per US$ of GDP compare
- 192 French Polynesia 0.006 current US$ per US$ of GDP compare
- 193 Nigeria 0.0059 current US$ per US$ of GDP 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$), annual growth rate 0.6536 % change on previous year (1989)
Frequently asked questions
- What is adjusted savings: education expenditure (current us$), per unit of gdp in Somalia?
- Adjusted savings: education expenditure (current us$), per unit of gdp in Somalia was 0.0079 current US$ per US$ of GDP in 2021, according to Statizoid (derived).
- What is the highest adjusted savings: education expenditure (current us$), per unit of gdp recorded in Somalia?
- The highest recorded value was 0.0104 current US$ per US$ of GDP in 1973.
- What is the lowest adjusted savings: education expenditure (current us$), per unit of gdp recorded in Somalia?
- The lowest recorded value was 0.0073 current US$ per US$ of GDP in 2017.
- How does Somalia rank for adjusted savings: education expenditure (current us$), per unit of gdp?
- Somalia ranks 190th out of 194 countries with data for 2021.
- Is adjusted savings: education expenditure (current us$), per unit of gdp rising or falling in Somalia?
- Over the last ten years it is down 10.9%. The long-run trend across the full record is falling.
- Where does this Somalia data come from?
- The figures come from Statizoid (derived), published as part of Adjusted savings: education expenditure (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Adjusted savings: education expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Adjusted savings: education expenditure (current US$) ÷ GDP (current US$)
Computed from
- Adjusted savings: education expenditure Staff estimates, World Bank (WB)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Adjusted savings: education expenditure (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.