GDP Deflator — Value Standard Local Currency, 2015 prices in Somalia
Somalia: GDP Deflator — Value Standard Local Currency, 2015 prices was 135.98 SLC in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices in Somalia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
The most recent figure for gdp deflator — value standard local currency, 2015 prices in Somalia is 135.98 SLC, measured in 2024. That is the highest value across all 55 years on record.
Compared with earlier readings it is up 9.7% on the previous year and up 38.0% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Somalia peaked at 135.98 SLC in 2024 and was at its lowest, 0.0101 SLC, in 1971.
Somalia ranks 101st of 209 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value Standard Local Currency, 2015 prices in Somalia, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 0.0101 SLC | — |
| 1971 | 0.0101 SLC | -0.6% |
| 1972 | 0.0111 SLC | +10.0% |
| 1973 | 0.0123 SLC | +10.6% |
| 1974 | 0.0145 SLC | +17.7% |
| 1975 | 0.0167 SLC | +15.3% |
| 1976 | 0.0195 SLC | +17.3% |
| 1977 | 0.0216 SLC | +10.4% |
| 1978 | 0.0242 SLC | +12.3% |
| 1979 | 0.028 SLC | +15.7% |
| 1980 | 0.0531 SLC | +89.6% |
| 1981 | 0.0636 SLC | +19.7% |
| 1982 | 0.0816 SLC | +28.4% |
| 1983 | 0.1114 SLC | +36.5% |
| 1984 | 0.1912 SLC | +71.6% |
| 1985 | 0.2448 SLC | +28.0% |
| 1986 | 0.3404 SLC | +39.1% |
| 1987 | 0.4415 SLC | +29.7% |
| 1988 | 0.7238 SLC | +63.9% |
| 1989 | 1.47 SLC | +102.7% |
| 1990 | 4.63 SLC | +215.8% |
| 1991 | 6.28 SLC | +35.5% |
| 1992 | 7.85 SLC | +25.0% |
| 1993 | 12.14 SLC | +54.7% |
| 1994 | 18.92 SLC | +55.8% |
| 1995 | 24.88 SLC | +31.5% |
| 1996 | 32.32 SLC | +29.9% |
| 1997 | 43.19 SLC | +33.6% |
| 1998 | 52.67 SLC | +22.0% |
| 1999 | 60.25 SLC | +14.4% |
| 2000 | 69.05 SLC | +14.6% |
| 2001 | 74.74 SLC | +8.2% |
| 2002 | 80.51 SLC | +7.7% |
| 2003 | 85.57 SLC | +6.3% |
| 2004 | 91.39 SLC | +6.8% |
| 2005 | 106.06 SLC | +16.1% |
| 2006 | 98.78 SLC | -6.9% |
| 2007 | 102.25 SLC | +3.5% |
| 2008 | 104.36 SLC | +2.1% |
| 2009 | 106.84 SLC | +2.4% |
| 2010 | 90.44 SLC | -15.3% |
| 2011 | 87.83 SLC | -2.9% |
| 2012 | 86.03 SLC | -2.1% |
| 2013 | 92.19 SLC | +7.2% |
| 2014 | 98.52 SLC | +6.9% |
| 2015 | 100 SLC | +1.5% |
| 2016 | 99.05 SLC | -0.9% |
| 2017 | 101.15 SLC | +2.1% |
| 2018 | 98.58 SLC | -2.5% |
| 2019 | 105.39 SLC | +6.9% |
| 2020 | 108.03 SLC | +2.5% |
| 2021 | 114.78 SLC | +6.2% |
| 2022 | 120.2 SLC | +4.7% |
| 2023 | 124 SLC | +3.2% |
| 2024 | 135.98 SLC | +9.7% |
Somalia compared with similar countries
- Somalia's 135.98 SLC is below the median for low income countries, which is 158.7 SLC, 86% of the median. (22 countries reporting)
- Somalia's 135.98 SLC is below the median for Sub-Saharan Africa, which is 149.14 SLC, 91% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value Standard Local Currency, 2015 prices 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 |
|---|---|---|---|
| 1990 | +215.8% | 1.47 SLC | 4.63 SLC |
| 1989 | +102.7% | 0.7238 SLC | 1.47 SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0168 SLC | 0.0101 SLC | 0.028 SLC | 10 |
| 1980s | 0.3719 SLC | 0.0531 SLC | 1.47 SLC | 10 |
| 1990s | 26.31 SLC | 4.63 SLC | 60.25 SLC | 10 |
| 2000s | 91.96 SLC | 69.05 SLC | 106.84 SLC | 10 |
| 2010s | 95.92 SLC | 86.03 SLC | 105.39 SLC | 10 |
| 2020s | 120.6 SLC | 108.03 SLC | 135.98 SLC | 5 |
Countries ranked near Somalia
- 98 Saudi Arabia 137.21 SLC compare
- 99 Guatemala 136.71 SLC compare
- 100 Bosnia and Herzegovina 136.56 SLC compare
- 102 Netherlands (Kingdom of the) 135.86 SLC compare
- 103 Central African Republic 135.41 SLC compare
- 104 Slovakia 135.38 SLC 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)
- SDRs holdings, US dollar, annual growth rate 25.66 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0238 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 15.71 units per person (2025)
- SDRs holdings, SDR, annual growth rate 19.66 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0174 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 11.47 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0172 units per US$ of GDP (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Somalia?
- Gdp deflator — value standard local currency, 2015 prices in Somalia was 135.98 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Somalia?
- The highest recorded value was 135.98 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Somalia?
- The lowest recorded value was 0.0101 SLC in 1971.
- How does Somalia rank for gdp deflator — value standard local currency, 2015 prices?
- Somalia ranks 101st out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Somalia?
- Over the last ten years it is up 38.0%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).