Direct disaster economic loss in Somalia

Somalia: Direct disaster economic loss was 0 in 2023. β—† Volatile

Latest (2023)
0
Change on year
down 100.0%
World rank
107th
of 126 countries
All-time high
32.59 million
in 2016
All-time low
0
in 2005
Years of data
14
2005–2023

Direct disaster economic loss in Somalia, 2005–2023

010.0M20.0M30.0M2005201420232005: 02006: 02008: 02009: 02010: 02011: 02012: 21.0M2013: 20.8M2014: 325.5k2015: 5.8k2016: 32.6M2021: 1.9k2022: 264.3k2023: 0

Source: Our World in Data.

Analysis

Somalia recorded 0 for direct disaster economic loss in 2023. That is the lowest value across all 14 years on record.

Compared with earlier readings it is down 100.0% on the previous year and down 100.0% over ten years.

Over the whole period, direct disaster economic loss in Somalia peaked at 32.59 million in 2016 and was at its lowest, 0, in 2005.

That places Somalia 107th out of 126 countries with data for 2023, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 0 0 0 4
2010s 10.67 million 0 32.59 million 7
2020s 88,743 0 264,324 3

Countries ranked near Somalia

  1. 104 Cape Verde 25,950 compare
  2. 105 Romania 173 compare
  3. 106 Belize 65 compare
  4. 107 Bahrain 0 compare
  5. 107 Belarus 0 compare
  6. 107 Belgium 0 compare
  7. 107 Cambodia 0 compare
  8. 107 Costa Rica 0 compare
  9. 107 Djibouti 0 compare
  10. 107 East Timor 0 compare
  11. 107 Estonia 0 compare
  12. 107 Grenada 0 compare
  13. 107 Kenya 0 compare
  14. 107 Kuwait 0 compare
  15. 107 Lebanon 0 compare
  16. 107 Mozambique 0 compare
  17. 107 Qatar 0 compare
  18. 107 Saint Kitts and Nevis 0 compare
  19. 107 Saint Lucia 0 compare
  20. 107 Senegal 0 compare
  21. 107 United Arab Emirates 0 compare
  22. 107 Vanuatu 0 compare

See the full ranking of 126 places β†’

More economy & growth data for Somalia

All data for Somalia β†’

Frequently asked questions

What is direct disaster economic loss in Somalia?
Direct disaster economic loss in Somalia was 0 in 2023, according to Our World in Data.
What is the highest direct disaster economic loss recorded in Somalia?
The highest recorded value was 32.59 million in 2016.
What is the lowest direct disaster economic loss recorded in Somalia?
The lowest recorded value was 0 in 2005.
How does Somalia rank for direct disaster economic loss?
Somalia ranks 107th out of 126 countries with data for 2023.
Is direct disaster economic loss rising or falling in Somalia?
Over the last ten years it is down 100.0%. The long-run trend across the full record is volatile.
Where does this Somalia data come from?
The figures come from Our World in Data, published as part of Direct disaster economic loss. Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 14 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Direct disaster economic loss
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
126 places, 1,621 data points, 2005–2024
Last refreshed