Adjusted savings: net forest depletion in Somalia
Somalia: Adjusted savings: net forest depletion was 857.06 million current US$ in 2021. ◆ Volatile
Adjusted savings: net forest depletion in Somalia, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Somalia recorded 857.06 million current US$ for adjusted savings: net forest depletion in 2021.
Compared with earlier readings it is up 8.7% on the previous year and up 25.4% over ten years.
Over the whole period, adjusted savings: net forest depletion in Somalia peaked at 1.08 billion current US$ in 2016 and was at its lowest, 13.21 million current US$, in 1971.
That places Somalia 11th out of 186 countries with data for 2021, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net forest depletion in Somalia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 15.17 million current US$ | — |
| 1971 | 13.21 million current US$ | -12.9% |
| 1972 | 14.93 million current US$ | +13.0% |
| 1973 | 26.46 million current US$ | +77.2% |
| 1974 | 31.12 million current US$ | +17.6% |
| 1975 | 41.72 million current US$ | +34.1% |
| 1976 | 38.40 million current US$ | -7.9% |
| 1977 | 71.05 million current US$ | +85.0% |
| 1978 | 74.64 million current US$ | +5.1% |
| 1979 | 71.76 million current US$ | -3.9% |
| 1980 | 92.58 million current US$ | +29.0% |
| 1981 | 83.96 million current US$ | -9.3% |
| 1982 | 123.62 million current US$ | +47.2% |
| 1983 | 83.31 million current US$ | -32.6% |
| 1984 | 77.54 million current US$ | -6.9% |
| 1985 | 55.49 million current US$ | -28.4% |
| 1986 | 91.09 million current US$ | +64.1% |
| 1987 | 87.89 million current US$ | -3.5% |
| 1988 | 98.53 million current US$ | +12.1% |
| 1989 | 100.76 million current US$ | +2.3% |
| 1990 | 123.68 million current US$ | +22.7% |
| 1991 | 127.12 million current US$ | +2.8% |
| 1992 | 137.57 million current US$ | +8.2% |
| 1993 | 111.26 million current US$ | -19.1% |
| 1994 | 137.62 million current US$ | +23.7% |
| 1995 | 216.67 million current US$ | +57.4% |
| 1996 | 225.14 million current US$ | +3.9% |
| 1997 | 220.40 million current US$ | -2.1% |
| 1998 | 237.50 million current US$ | +7.8% |
| 1999 | 144.66 million current US$ | -39.1% |
| 2000 | 148.37 million current US$ | +2.6% |
| 2001 | 150.14 million current US$ | +1.2% |
| 2002 | 186.30 million current US$ | +24.1% |
| 2003 | 338.10 million current US$ | +81.5% |
| 2004 | 315.37 million current US$ | -6.7% |
| 2005 | 326.10 million current US$ | +3.4% |
| 2006 | 325.96 million current US$ | -0.0% |
| 2007 | 494.55 million current US$ | +51.7% |
| 2008 | 602.42 million current US$ | +21.8% |
| 2009 | 659.37 million current US$ | +9.5% |
| 2010 | 582.16 million current US$ | -11.7% |
| 2011 | 683.29 million current US$ | +17.4% |
| 2012 | 789.93 million current US$ | +15.6% |
| 2013 | 815.29 million current US$ | +3.2% |
| 2014 | 919.18 million current US$ | +12.7% |
| 2015 | 1.01 billion current US$ | +9.6% |
| 2016 | 1.08 billion current US$ | +7.4% |
| 2017 | 1.05 billion current US$ | -3.0% |
| 2018 | 687.25 million current US$ | -34.5% |
| 2019 | 695.87 million current US$ | +1.3% |
| 2020 | 788.47 million current US$ | +13.3% |
| 2021 | 857.06 million current US$ | +8.7% |
Somalia compared with similar countries
- Somalia's 857.06 million current US$ is above the median for low income countries, which is 236.21 million current US$, 3.6× the median. (25 countries reporting)
- Somalia's 857.06 million current US$ is above the median for Sub-Saharan Africa, which is 141.72 million current US$, 6.0× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 39.85 million current US$ | 13.21 million current US$ | 74.64 million current US$ | 10 |
| 1980s | 89.48 million current US$ | 55.49 million current US$ | 123.62 million current US$ | 10 |
| 1990s | 168.16 million current US$ | 111.26 million current US$ | 237.50 million current US$ | 10 |
| 2000s | 354.67 million current US$ | 148.37 million current US$ | 659.37 million current US$ | 10 |
| 2010s | 831.04 million current US$ | 582.16 million current US$ | 1.08 billion current US$ | 10 |
| 2020s | 822.76 million current US$ | 788.47 million current US$ | 857.06 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)
- 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$), annual growth rate 0.6536 % change on previous year (1989)
Frequently asked questions
- What is adjusted savings: net forest depletion in Somalia?
- Adjusted savings: net forest depletion in Somalia was 857.06 million current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net forest depletion recorded in Somalia?
- The highest recorded value was 1.08 billion current US$ in 2016.
- What is the lowest adjusted savings: net forest depletion recorded in Somalia?
- The lowest recorded value was 13.21 million current US$ in 1971.
- How does Somalia rank for adjusted savings: net forest depletion?
- Somalia ranks 11th out of 186 countries with data for 2021.
- Is adjusted savings: net forest depletion rising or falling in Somalia?
- Over the last ten years it is up 25.4%. 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: net forest depletion (current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Net forest depletion is calculated as the product of unit resource rents and the excess of roundwood harvest over natural growth. 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.