Changes in inventories in Somalia
Somalia: Changes in inventories was 2.45 billion constant LCU in 1985. ◆ Volatile
Changes in inventories in Somalia, 1970–1985
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
In 1985, changes in inventories in Somalia stood at 2.45 billion constant LCU.
The figure is up 122.6% on the previous year and down 1.3% over ten years.
Over the whole period, changes in inventories in Somalia peaked at 4.47 billion constant LCU in 1976 and was at its lowest, -1.93 billion constant LCU, in 1983.
Somalia ranks 49th of 118 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Changes in inventories in Somalia, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1970 | 1.70 billion constant LCU | — |
| 1971 | 1.67 billion constant LCU | -1.6% |
| 1972 | 3.39 billion constant LCU | +103.1% |
| 1973 | 1.89 billion constant LCU | -44.3% |
| 1974 | 2.15 billion constant LCU | +13.6% |
| 1975 | 2.48 billion constant LCU | +15.3% |
| 1976 | 4.47 billion constant LCU | +80.4% |
| 1977 | 2.46 billion constant LCU | -45.0% |
| 1978 | 2.99 billion constant LCU | +21.7% |
| 1979 | -734.00 million constant LCU | -124.5% |
| 1980 | -362.00 million constant LCU | -50.7% |
| 1981 | 2.67 billion constant LCU | -838.7% |
| 1982 | 2.17 billion constant LCU | -18.7% |
| 1983 | -1.93 billion constant LCU | -188.8% |
| 1984 | 1.10 billion constant LCU | -156.9% |
| 1985 | 2.45 billion constant LCU | +122.6% |
Somalia compared with similar countries
- Somalia's 2.45 billion constant LCU is above the median for low income countries, which is 604.83 million constant LCU, 4.0× the median. (15 countries reporting)
- Somalia's 2.45 billion constant LCU is above the median for Sub-Saharan Africa, which is 232.45 million constant LCU, 10.5× the median. (35 countries reporting)
Biggest year-on-year movements
Years where Changes in inventories 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 |
|---|---|---|---|
| 1981 | +838.7% | -362.00 million constant LCU | 2.67 billion constant LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.25 billion constant LCU | -734.00 million constant LCU | 4.47 billion constant LCU | 10 |
| 1980s | 1.02 billion constant LCU | -1.93 billion constant LCU | 2.67 billion constant LCU | 6 |
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 changes in inventories in Somalia?
- Changes in inventories in Somalia was 2.45 billion constant LCU in 1985, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest changes in inventories recorded in Somalia?
- The highest recorded value was 4.47 billion constant LCU in 1976.
- What is the lowest changes in inventories recorded in Somalia?
- The lowest recorded value was -1.93 billion constant LCU in 1983.
- How does Somalia rank for changes in inventories?
- Somalia ranks 49th out of 118 countries with data for 1985.
- Is changes in inventories rising or falling in Somalia?
- Over the last ten years it is down 1.3%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Changes in inventories (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Changes in inventories is the value of entries into inventories less the value of withdrawals and less the value of any recurrent losses of goods held in inventories during the accounting period.This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.