GDP Deflator — Value US$, 2015 prices in Somalia

Somalia: GDP Deflator — Value US$, 2015 prices was 124.53 USD in 2024. ▲ Rising

Latest (2024)
124.53 USD
Change on year
up 9.7%
World rank
71st
of 220 countries
All-time high
161.22 USD
in 2008
All-time low
30.97 USD
in 1977
Years of data
55
1970–2024

GDP Deflator — Value US$, 2015 prices in Somalia, 1970–2024

50100150197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in USD.

Analysis

Somalia recorded 124.53 USD for gdp deflator — value us$, 2015 prices in 2024.

Compared with earlier readings it is up 9.7% on the previous year and up 14.9% over ten years.

Over the whole period, gdp deflator — value us$, 2015 prices in Somalia peaked at 161.22 USD in 2008 and was at its lowest, 30.97 USD, in 1977.

Somalia ranks 71st of 220 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 55 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 42.1 USD 30.97 USD 69.07 USD 10
1980s 49.01 USD 39.14 USD 56.83 USD 10
1990s 94.15 USD 36.78 USD 160.17 USD 10
2000s 129.84 USD 75.34 USD 161.22 USD 10
2010s 90.92 USD 64.37 USD 108.37 USD 10
2020s 110.45 USD 98.94 USD 124.53 USD 5

Countries ranked near Somalia

  1. 68 Mauritania 125 USD compare
  2. 69 Belgium 124.79 USD compare
  3. 70 Austria 124.74 USD compare
  4. 72 Azerbaijan 124.49 USD compare
  5. 73 Uruguay 124.49 USD compare
  6. 74 Gabon 124.17 USD compare

See the full ranking of 246 places →

More economy & growth data for Somalia

All data for Somalia →

Frequently asked questions

What is gdp deflator — value us$, 2015 prices in Somalia?
Gdp deflator — value us$, 2015 prices in Somalia was 124.53 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gdp deflator — value us$, 2015 prices recorded in Somalia?
The highest recorded value was 161.22 USD in 2008.
What is the lowest gdp deflator — value us$, 2015 prices recorded in Somalia?
The lowest recorded value was 30.97 USD in 1977.
How does Somalia rank for gdp deflator — value us$, 2015 prices?
Somalia ranks 71st out of 220 countries with data for 2024.
Is gdp deflator — value us$, 2015 prices rising or falling in Somalia?
Over the last ten years it is up 14.9%. The long-run trend across the full record is rising.
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 US$, 2015 prices. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
GDP Deflator — Value US$, 2015 prices
Unit
USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
246 places, 12,582 data points, 1970–2024
Last refreshed

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).