Foreign direct investment, net inflows in Somalia
Somalia: Foreign direct investment, net inflows was 765.00 million BoP, current US$ in 2024. ◆ Volatile
Foreign direct investment, net inflows in Somalia, 1970–2024
Source: Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D. Measured in BoP, current US$.
Analysis
In 2024, foreign direct investment, net inflows in Somalia stood at 765.00 million BoP, current US$. That is the highest value across all 55 years on record.
That represents a change of up 13.1% on the previous year and up 193.1% over ten years.
Over the whole period, foreign direct investment, net inflows in Somalia peaked at 765.00 million BoP, current US$ in 2024 and was at its lowest, -43.39 million BoP, current US$, in 1988.
That places Somalia 107th out of 202 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Foreign direct investment, net inflows in Somalia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1970 | 4.50 million BoP, current US$ | — |
| 1971 | 1.70 million BoP, current US$ | -62.2% |
| 1972 | 4.50 million BoP, current US$ | +164.7% |
| 1973 | 600,000 BoP, current US$ | -86.7% |
| 1974 | 700,000 BoP, current US$ | +16.7% |
| 1975 | 11.79 million BoP, current US$ | +1584.3% |
| 1976 | 2.20 million BoP, current US$ | -81.3% |
| 1977 | 7.78 million BoP, current US$ | +253.6% |
| 1978 | 300,000 BoP, current US$ | -96.1% |
| 1979 | 10,000 BoP, current US$ | -96.7% |
| 1980 | -30,000 BoP, current US$ | -400.0% |
| 1981 | 110,000 BoP, current US$ | -466.7% |
| 1982 | -760,000 BoP, current US$ | -790.9% |
| 1983 | -8.23 million BoP, current US$ | +982.9% |
| 1984 | -14.94 million BoP, current US$ | +81.5% |
| 1985 | -710,000 BoP, current US$ | -95.2% |
| 1986 | 3.06 million BoP, current US$ | -531.0% |
| 1987 | 64.34 million BoP, current US$ | +2002.6% |
| 1988 | -43.39 million BoP, current US$ | -167.4% |
| 1989 | -41.16 million BoP, current US$ | -5.1% |
| 1990 | 5.59 million BoP, current US$ | -113.6% |
| 1991 | -150,000 BoP, current US$ | -102.7% |
| 1992 | -60,000 BoP, current US$ | -60.0% |
| 1993 | 2.00 million BoP, current US$ | -3433.3% |
| 1994 | 1.00 million BoP, current US$ | -50.0% |
| 1995 | 1.00 million BoP, current US$ | +0.0% |
| 1996 | 1.30 million BoP, current US$ | +30.0% |
| 1997 | 1.10 million BoP, current US$ | -15.4% |
| 1998 | 40,000 BoP, current US$ | -96.4% |
| 1999 | -810,000 BoP, current US$ | -2125.0% |
| 2000 | 270,000 BoP, current US$ | -133.3% |
| 2001 | 40,000 BoP, current US$ | -85.2% |
| 2002 | 140,000 BoP, current US$ | +250.0% |
| 2003 | -850,000 BoP, current US$ | -707.1% |
| 2004 | -4.79 million BoP, current US$ | +463.5% |
| 2005 | 24.00 million BoP, current US$ | -601.0% |
| 2006 | 96.00 million BoP, current US$ | +300.0% |
| 2007 | 141.00 million BoP, current US$ | +46.9% |
| 2008 | 87.00 million BoP, current US$ | -38.3% |
| 2009 | 108.00 million BoP, current US$ | +24.1% |
| 2010 | 112.00 million BoP, current US$ | +3.7% |
| 2011 | 102.00 million BoP, current US$ | -8.9% |
| 2012 | 107.33 million BoP, current US$ | +5.2% |
| 2013 | 258.00 million BoP, current US$ | +140.4% |
| 2014 | 261.00 million BoP, current US$ | +1.2% |
| 2015 | 303.00 million BoP, current US$ | +16.1% |
| 2016 | 330.00 million BoP, current US$ | +8.9% |
| 2017 | 369.00 million BoP, current US$ | +11.8% |
| 2018 | 408.00 million BoP, current US$ | +10.6% |
| 2019 | 447.00 million BoP, current US$ | +9.6% |
| 2020 | 534.00 million BoP, current US$ | +19.5% |
| 2021 | 601.00 million BoP, current US$ | +12.5% |
| 2022 | 636.00 million BoP, current US$ | +5.8% |
| 2023 | 676.50 million BoP, current US$ | +6.4% |
| 2024 | 765.00 million BoP, current US$ | +13.1% |
Somalia compared with similar countries
- Somalia's 765.00 million BoP, current US$ is above the median for low income countries, which is 414.81 million BoP, current US$, 1.8× the median. (24 countries reporting)
- Somalia's 765.00 million BoP, current US$ is above the median for Sub-Saharan Africa, which is 545.60 million BoP, current US$, 1.4× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Foreign direct investment, net inflows in Somalia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +3433.3% | -60,000 BoP, current US$ | 2.00 million BoP, current US$ |
| 1999 | -2125.0% | 40,000 BoP, current US$ | -810,000 BoP, current US$ |
| 1987 | +2002.6% | 3.06 million BoP, current US$ | 64.34 million BoP, current US$ |
| 1975 | +1584.3% | 700,000 BoP, current US$ | 11.79 million BoP, current US$ |
| 1983 | -982.9% | -760,000 BoP, current US$ | -8.23 million BoP, current US$ |
| 1982 | -790.9% | 110,000 BoP, current US$ | -760,000 BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.41 million BoP, current US$ | 10,000 BoP, current US$ | 11.79 million BoP, current US$ | 10 |
| 1980s | -4.17 million BoP, current US$ | -43.39 million BoP, current US$ | 64.34 million BoP, current US$ | 10 |
| 1990s | 1.10 million BoP, current US$ | -810,000 BoP, current US$ | 5.59 million BoP, current US$ | 10 |
| 2000s | 45.08 million BoP, current US$ | -4.79 million BoP, current US$ | 141.00 million BoP, current US$ | 10 |
| 2010s | 269.73 million BoP, current US$ | 102.00 million BoP, current US$ | 447.00 million BoP, current US$ | 10 |
| 2020s | 642.50 million BoP, current US$ | 534.00 million BoP, current US$ | 765.00 million BoP, current US$ | 5 |
Countries ranked near Somalia
- 104 Maldives 806.20 million BoP, current US$ compare
- 105 Syria 804.16 million BoP, current US$ compare
- 106 Libya 794.70 million BoP, current US$ compare
- 108 El Salvador 763.72 million BoP, current US$ compare
- 109 Sri Lanka 761.14 million BoP, current US$ compare
- 110 Tunisia 759.60 million BoP, 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$), annual growth rate 0.6536 % change on previous year (1989)
Frequently asked questions
- What is foreign direct investment, net inflows in Somalia?
- Foreign direct investment, net inflows in Somalia was 765.00 million BoP, current US$ in 2024, according to Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D.
- What is the highest foreign direct investment, net inflows recorded in Somalia?
- The highest recorded value was 765.00 million BoP, current US$ in 2024.
- What is the lowest foreign direct investment, net inflows recorded in Somalia?
- The lowest recorded value was -43.39 million BoP, current US$ in 1988.
- How does Somalia rank for foreign direct investment, net inflows?
- Somalia ranks 107th out of 202 countries with data for 2024.
- Is foreign direct investment, net inflows rising or falling in Somalia?
- Over the last ten years it is up 193.1%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from Balance of Payments database, International Monetary Fund (IMF), note: International Monetary Fund, Balance of Payments database, supplemented by data from the United Nations Conference on Trade and D, published as part of Foreign direct investment, net inflows (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Foreign direct investment refers to direct investment equity flows in the reporting economy. It is the sum of equity capital, reinvestment of earnings, and other capital. Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Ownership of 10 percent or more of the ordinary shares of voting stock is the criterion for determining the existence of a direct investment relationship. Data are in current U.S. dollars.