Discrepancy in expenditure estimate of GDP (current LCU), annual in Somalia
Somalia: Discrepancy in expenditure estimate of GDP (current LCU), annual was 100 % change on previous year in 2020. ◆ Volatile
Discrepancy in expenditure estimate of GDP (current LCU), annual in Somalia, 1961–2020
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for discrepancy in expenditure estimate of gdp (current lcu), annual in Somalia is 100 % change on previous year, measured in 2020.
The figure is up 200.0% on the previous year and up 150.0% over five years.
Over the whole period, discrepancy in expenditure estimate of gdp (current lcu), annual in Somalia peaked at 550.74 % change on previous year in 1974 and was at its lowest, -200 % change on previous year, in 2016.
That places Somalia 21st out of 173 countries with data for 2020, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Discrepancy in expenditure estimate of GDP (current LCU), annual in Somalia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | -50.49 % change on previous year | — |
| 1962 | 44 % change on previous year | -187.1% |
| 1963 | 36.11 % change on previous year | -17.9% |
| 1964 | 32.65 % change on previous year | -9.6% |
| 1965 | -112.31 % change on previous year | -443.9% |
| 1966 | 75 % change on previous year | -166.8% |
| 1967 | 100 % change on previous year | +33.3% |
| 1971 | -36.08 % change on previous year | -136.1% |
| 1972 | 90.14 % change on previous year | -349.9% |
| 1973 | -167.85 % change on previous year | -286.2% |
| 1974 | 550.74 % change on previous year | -428.1% |
| 1975 | -56 % change on previous year | -110.2% |
| 1976 | 38.74 % change on previous year | -169.2% |
| 1977 | -100.03 % change on previous year | -358.2% |
| 1979 | -116.57 % change on previous year | +16.5% |
| 1980 | -130.81 % change on previous year | +12.2% |
| 1981 | 116.66 % change on previous year | -189.2% |
| 1982 | 20.24 % change on previous year | -82.6% |
| 1984 | -195.83 % change on previous year | -1067.5% |
| 1985 | -1.46 % change on previous year | -99.3% |
| 1987 | 185.89 % change on previous year | -12840.5% |
| 1988 | 138.1 % change on previous year | -25.7% |
| 1990 | 375.36 % change on previous year | +171.8% |
| 2016 | -200 % change on previous year | -153.3% |
| 2017 | 200 % change on previous year | -200.0% |
| 2018 | -100 % change on previous year | -150.0% |
| 2020 | 100 % change on previous year | -200.0% |
Somalia compared with similar countries
- Somalia's 100 % change on previous year is above the median for low income countries, which is 0.01 % change on previous year, 10001.0× the median. (21 countries reporting)
- Somalia's 100 % change on previous year is above the median for Sub-Saharan Africa, which is -22.91 % change on previous year. (44 countries reporting)
Biggest year-on-year movements
Years where Discrepancy in expenditure estimate of GDP (current LCU), annual 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 |
|---|---|---|---|
| 1987 | +12840.5% | -1.46 % change on previous year | 185.89 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 17.85 % change on previous year | -112.31 % change on previous year | 100 % change on previous year | 7 |
| 1970s | 25.39 % change on previous year | -167.85 % change on previous year | 550.74 % change on previous year | 8 |
| 1980s | 18.97 % change on previous year | -195.83 % change on previous year | 185.89 % change on previous year | 7 |
| 1990s | 375.36 % change on previous year | 375.36 % change on previous year | 375.36 % change on previous year | 1 |
| 2010s | -33.33 % change on previous year | -200 % change on previous year | 200 % change on previous year | 3 |
| 2020s | 100 % change on previous year | 100 % change on previous year | 100 % change on previous year | 1 |
Countries ranked near Somalia
- 18 Greece 102.86 % change on previous year compare
- 19 Kosovo 100.5 % change on previous year compare
- 20 Central African Republic 100 % change on previous year compare
- 21 Armenia 100 % change on previous year compare
- 21 Belgium 100 % change on previous year compare
- 21 Burkina Faso 100 % change on previous year compare
- 21 Bulgaria 100 % change on previous year compare
- 21 Brazil 100 % change on previous year compare
- 21 Comoros 100 % change on previous year compare
- 21 Cuba 100 % change on previous year compare
- 21 Germany 100 % change on previous year compare
- 21 Denmark 100 % change on previous year compare
- 21 Spain 100 % change on previous year compare
- 21 Georgia 100 % change on previous year compare
- 21 Guinea-Bissau 100 % change on previous year compare
- 21 Greenland 100 % change on previous year compare
- 21 Guyana 100 % change on previous year compare
- 21 Croatia 100 % change on previous year compare
- 21 Iceland 100 % change on previous year compare
- 21 Israel 100 % change on previous year compare
- 21 Luxembourg 100 % change on previous year compare
- 21 Niger 100 % change on previous year compare
- 21 Portugal 100 % change on previous year compare
- 21 San Marino 100 % change on previous year
- 21 Slovakia 100 % change on previous year compare
- 21 Slovenia 100 % change on previous year compare
- 21 Sweden 100 % change on previous year compare
- 21 Eswatini 100 % change on previous year compare
- 21 Türkiye 100 % change on previous year compare
- 21 Uruguay 100 % change on previous year compare
- 21 Uzbekistan 100 % change on previous year compare
- 21 Zimbabwe 100 % change on previous year 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 discrepancy in expenditure estimate of gdp (current lcu), annual in Somalia?
- Discrepancy in expenditure estimate of gdp (current lcu), annual in Somalia was 100 % change on previous year in 2020, according to Statizoid (derived).
- What is the highest discrepancy in expenditure estimate of gdp (current lcu), annual recorded in Somalia?
- The highest recorded value was 550.74 % change on previous year in 1974.
- What is the lowest discrepancy in expenditure estimate of gdp (current lcu), annual recorded in Somalia?
- The lowest recorded value was -200 % change on previous year in 2016.
- How does Somalia rank for discrepancy in expenditure estimate of gdp (current lcu), annual?
- Somalia ranks 21st out of 173 countries with data for 2020.
- Where does this Somalia data come from?
- The figures come from Statizoid (derived), published as part of Discrepancy in expenditure estimate of GDP (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Discrepancy in expenditure estimate of GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Discrepancy in expenditure estimate of GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Discrepancy in expenditure estimate of GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.