Changes in inventories in Somalia
Somalia: Changes in inventories was 10.43 billion current LCU in 1990. ◆ Volatile
Changes in inventories in Somalia, 1970–1990
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
The most recent figure for changes in inventories in Somalia is 10.43 billion current LCU, measured in 1990.
Compared with earlier readings it is up 273.0% on the previous year and up 8,867.5% over ten years.
Over the whole period, changes in inventories in Somalia peaked at 12.78 billion current LCU in 1988 and was at its lowest, -1.38 billion current LCU, in 1983.
That places Somalia 63rd out of 186 countries with data for 1990, putting it 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 | current LCU | Change |
|---|---|---|
| 1970 | 60.00 million current LCU | — |
| 1971 | 64.00 million current LCU | +6.7% |
| 1972 | 70.00 million current LCU | +9.4% |
| 1973 | 96.00 million current LCU | +37.1% |
| 1974 | 101.00 million current LCU | +5.2% |
| 1975 | 324.00 million current LCU | +220.8% |
| 1976 | 701.00 million current LCU | +116.4% |
| 1977 | 355.00 million current LCU | -49.4% |
| 1978 | 503.00 million current LCU | +41.7% |
| 1979 | -115.00 million current LCU | -122.9% |
| 1980 | -119.00 million current LCU | +3.5% |
| 1981 | 978.00 million current LCU | -921.9% |
| 1982 | 1.22 billion current LCU | +25.2% |
| 1983 | -1.38 billion current LCU | -212.4% |
| 1984 | 897.00 million current LCU | -165.2% |
| 1985 | 2.45 billion current LCU | +172.7% |
| 1986 | 1.21 billion current LCU | -50.7% |
| 1987 | 8.07 billion current LCU | +569.2% |
| 1988 | 12.78 billion current LCU | +58.3% |
| 1989 | 2.80 billion current LCU | -78.1% |
| 1990 | 10.43 billion current LCU | +273.0% |
Somalia compared with similar countries
- Somalia's 10.43 billion current LCU is below the median for low income countries, which is 37.24 billion current LCU, 28% of the median. (18 countries reporting)
- Somalia's 10.43 billion current LCU is above the median for Sub-Saharan Africa, which is 2.19 billion current LCU, 4.8× the median. (40 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 | +921.9% | -119.00 million current LCU | 978.00 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 215.90 million current LCU | -115.00 million current LCU | 701.00 million current LCU | 10 |
| 1980s | 2.89 billion current LCU | -1.38 billion current LCU | 12.78 billion current LCU | 10 |
| 1990s | 10.43 billion current LCU | 10.43 billion current LCU | 10.43 billion current LCU | 1 |
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 10.43 billion current LCU in 1990, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest changes in inventories recorded in Somalia?
- The highest recorded value was 12.78 billion current LCU in 1988.
- What is the lowest changes in inventories recorded in Somalia?
- The lowest recorded value was -1.38 billion current LCU in 1983.
- How does Somalia rank for changes in inventories?
- Somalia ranks 63rd out of 186 countries with data for 1990.
- Is changes in inventories rising or falling in Somalia?
- Over the last ten years it is up 8,867.5%. 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 Offices (NSOs), published as part of Changes in inventories (current 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.