GDP Deflator — Value US$, 2015 prices, annual growth rate in Somalia
Somalia: GDP Deflator — Value US$, 2015 prices, annual growth rate was 9.66 % change on previous year in 2024. ◆ Volatile
Latest (2024)
9.66 % change on previous year
Change on year
up 205.5%
World rank
18th
of 222 countries
All-time high
70.84 % change on previous year
in 1993
All-time low
-55.16 % change on previous year
in 1977
Years of data
54
1971–2024
GDP Deflator — Value US$, 2015 prices, annual growth rate in Somalia, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Somalia recorded 9.66 % change on previous year for gdp deflator — value us$, 2015 prices, annual growth rate in 2024.
The figure is up 205.5% on the previous year and up 417.3% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices, annual growth rate in Somalia peaked at 70.84 % change on previous year in 1993 and was at its lowest, -55.16 % change on previous year, in 1977.
Somalia ranks 18th of 222 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value US$, 2015 prices, annual growth rate in Somalia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | -0.367 % change on previous year | — |
| 1972 | 12.34 % change on previous year | -3462.3% |
| 1973 | 22.93 % change on previous year | +85.8% |
| 1974 | 17.48 % change on previous year | -23.8% |
| 1975 | 15.29 % change on previous year | -12.5% |
| 1976 | 17.27 % change on previous year | +13.0% |
| 1977 | -55.16 % change on previous year | -419.4% |
| 1978 | 7.03 % change on previous year | -112.8% |
| 1979 | 8.3 % change on previous year | +18.0% |
| 1980 | 9.03 % change on previous year | +8.9% |
| 1981 | 9.46 % change on previous year | +4.8% |
| 1982 | 6.18 % change on previous year | -34.7% |
| 1983 | 3.92 % change on previous year | -36.6% |
| 1984 | 3.61 % change on previous year | -7.9% |
| 1985 | 3.16 % change on previous year | -12.3% |
| 1986 | 2.01 % change on previous year | -36.3% |
| 1987 | 2.48 % change on previous year | +23.0% |
| 1988 | 3.53 % change on previous year | +42.4% |
| 1989 | 3.92 % change on previous year | +11.1% |
| 1990 | 3.74 % change on previous year | -4.5% |
| 1991 | -37.62 % change on previous year | -1104.8% |
| 1992 | 7.95 % change on previous year | -121.1% |
| 1993 | 70.84 % change on previous year | +790.5% |
| 1994 | 43.08 % change on previous year | -39.2% |
| 1995 | -0.3608 % change on previous year | -100.8% |
| 1996 | 8.08 % change on previous year | -2339.5% |
| 1997 | 20.86 % change on previous year | +158.2% |
| 1998 | 26.79 % change on previous year | +28.4% |
| 1999 | -4.19 % change on previous year | -115.6% |
| 2000 | 4.61 % change on previous year | -210.2% |
| 2001 | -38.37 % change on previous year | -931.8% |
| 2002 | -9.57 % change on previous year | -75.1% |
| 2003 | 20.2 % change on previous year | -311.1% |
| 2004 | 27.03 % change on previous year | +33.8% |
| 2005 | 13.29 % change on previous year | -50.8% |
| 2006 | 0.7967 % change on previous year | -94.0% |
| 2007 | 1.26 % change on previous year | +57.9% |
| 2008 | 2.06 % change on previous year | +63.7% |
| 2009 | -53.27 % change on previous year | -2686.6% |
| 2010 | -14.56 % change on previous year | -72.7% |
| 2011 | 1.33 % change on previous year | -109.2% |
| 2012 | 30.35 % change on previous year | +2175.1% |
| 2013 | 25.12 % change on previous year | -17.2% |
| 2014 | 1.87 % change on previous year | -92.6% |
| 2015 | -7.73 % change on previous year | -513.8% |
| 2016 | -4.41 % change on previous year | -42.9% |
| 2017 | 1.96 % change on previous year | -144.3% |
| 2018 | -7.36 % change on previous year | -476.4% |
| 2019 | 6.9 % change on previous year | -193.8% |
| 2020 | 2.51 % change on previous year | -63.6% |
| 2021 | 6.25 % change on previous year | +148.6% |
| 2022 | 4.72 % change on previous year | -24.4% |
| 2023 | 3.16 % change on previous year | -33.1% |
| 2024 | 9.66 % change on previous year | +205.5% |
Somalia compared with similar countries
- Somalia's 9.66 % change on previous year is above the median for low income countries, which is 3.82 % change on previous year, 2.5× the median. (22 countries reporting)
- Somalia's 9.66 % change on previous year is above the median for Sub-Saharan Africa, which is 2.93 % change on previous year, 3.3× the median. (44 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value US$, 2015 prices, annual growth rate 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 |
|---|---|---|---|
| 1972 | +3462.3% | -0.367 % change on previous year | 12.34 % change on previous year |
| 2009 | -2686.6% | 2.06 % change on previous year | -53.27 % change on previous year |
| 1996 | +2339.5% | -0.3608 % change on previous year | 8.08 % change on previous year |
| 2012 | +2175.1% | 1.33 % change on previous year | 30.35 % change on previous year |
| 1991 | -1104.8% | 3.74 % change on previous year | -37.62 % change on previous year |
| 2001 | -931.8% | 4.61 % change on previous year | -38.37 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.01 % change on previous year | -55.16 % change on previous year | 22.93 % change on previous year | 9 |
| 1980s | 4.73 % change on previous year | 2.01 % change on previous year | 9.46 % change on previous year | 10 |
| 1990s | 13.92 % change on previous year | -37.62 % change on previous year | 70.84 % change on previous year | 10 |
| 2000s | -3.2 % change on previous year | -53.27 % change on previous year | 27.03 % change on previous year | 10 |
| 2010s | 3.35 % change on previous year | -14.56 % change on previous year | 30.35 % change on previous year | 10 |
| 2020s | 5.26 % change on previous year | 2.51 % change on previous year | 9.66 % change on previous year | 5 |
Countries ranked near Somalia
- 15 Mongolia 10.66 % change on previous year compare
- 16 Kenya 10.28 % change on previous year compare
- 17 Sierra Leone 10.24 % change on previous year compare
- 19 Tunisia 9.51 % change on previous year compare
- 20 Republic of Moldova 9.49 % change on previous year compare
- 21 Poland 9.39 % 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$), annual growth rate 0.6536 % change on previous year (1989)
Frequently asked questions
- What is gdp deflator — value us$, 2015 prices, annual growth rate in Somalia?
- Gdp deflator — value us$, 2015 prices, annual growth rate in Somalia was 9.66 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Somalia?
- The highest recorded value was 70.84 % change on previous year in 1993.
- What is the lowest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Somalia?
- The lowest recorded value was -55.16 % change on previous year in 1977.
- How does Somalia rank for gdp deflator — value us$, 2015 prices, annual growth rate?
- Somalia ranks 18th out of 222 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices, annual growth rate rising or falling in Somalia?
- Over the last ten years it is up 417.3%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value US$, 2015 prices Food and Agriculture Organization of the United Nations
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 GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.