Construction, value added in Somalia
Somalia: Construction, value added was 35.28 million current US$ in 1986. ◆ Volatile
Construction, value added in Somalia, 1965–1986
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current US$.
Analysis
The most recent figure for construction, value added in Somalia is 35.28 million current US$, measured in 1986.
The figure is up 86.2% on the previous year and up 0.7% over ten years.
Over the whole period, construction, value added in Somalia peaked at 40.83 million current US$ in 1974 and was at its lowest, 4.00 million current US$, in 1965.
Somalia ranks 48th of 52 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Construction, value added in Somalia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1965 | 4.00 million current US$ | — |
| 1966 | 4.77 million current US$ | +19.2% |
| 1967 | 4.77 million current US$ | +0.0% |
| 1968 | 14.70 million current US$ | +207.9% |
| 1969 | 14.70 million current US$ | +0.0% |
| 1970 | 14.70 million current US$ | +0.0% |
| 1971 | 15.71 million current US$ | +6.9% |
| 1972 | 18.34 million current US$ | +16.7% |
| 1973 | 19.10 million current US$ | +4.2% |
| 1974 | 40.83 million current US$ | +113.7% |
| 1975 | 32.42 million current US$ | -20.6% |
| 1976 | 35.04 million current US$ | +8.1% |
| 1977 | 26.52 million current US$ | -24.3% |
| 1978 | 14.36 million current US$ | -45.8% |
| 1979 | 18.18 million current US$ | +26.5% |
| 1980 | 16.02 million current US$ | -11.9% |
| 1981 | 16.30 million current US$ | +1.7% |
| 1982 | 16.84 million current US$ | +3.3% |
| 1983 | 13.44 million current US$ | -20.2% |
| 1984 | 15.62 million current US$ | +16.2% |
| 1985 | 18.95 million current US$ | +21.3% |
| 1986 | 35.28 million current US$ | +86.2% |
Somalia compared with similar countries
- Somalia's 35.28 million current US$ is below the median for low income countries, which is 160.42 million current US$, 22% of the median. (20 countries reporting)
- Somalia's 35.28 million current US$ is below the median for Sub-Saharan Africa, which is 300.18 million current US$, 12% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Construction, value added in Somalia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1968 | +207.9% | 4.77 million current US$ | 14.70 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.59 million current US$ | 4.00 million current US$ | 14.70 million current US$ | 5 |
| 1970s | 23.52 million current US$ | 14.36 million current US$ | 40.83 million current US$ | 10 |
| 1980s | 18.92 million current US$ | 13.44 million current US$ | 35.28 million current US$ | 7 |
Countries ranked near Somalia
- 45 Madagascar 44.68 million current US$
- 46 Sierra Leone 40.81 million current US$ compare
- 47 Gambia 38.39 million current US$
- 49 Comoros 33.34 million current US$
- 50 Sao Tome and Principe 12.69 million current US$
- 51 Liberia 6.90 million current US$ 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$), annual growth rate 0.6536 % change on previous year (1989)
Frequently asked questions
- What is construction, value added in Somalia?
- Construction, value added in Somalia was 35.28 million current US$ in 1986, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest construction, value added recorded in Somalia?
- The highest recorded value was 40.83 million current US$ in 1974.
- What is the lowest construction, value added recorded in Somalia?
- The lowest recorded value was 4.00 million current US$ in 1965.
- How does Somalia rank for construction, value added?
- Somalia ranks 48th out of 52 countries with data for 1986.
- Is construction, value added rising or falling in Somalia?
- Over the last ten years it is up 0.7%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Construction, value added (current US$). Statizoid updates them automatically from the source API.
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About this data
Value added in construction is defined as the value of output of the construction industry less the value of intermediate consumption (intermediate inputs). Construction is a subset of industry (ISIC 45). Data are in current U.S. dollars.