GDP Deflator — Value US$, 2015 prices in Somalia
Somalia: GDP Deflator — Value US$, 2015 prices was 124.53 USD in 2024. ▲ Rising
GDP Deflator — Value US$, 2015 prices in Somalia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
Somalia recorded 124.53 USD for gdp deflator — value us$, 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$, 2015 prices in Somalia peaked at 161.22 USD in 2008 and was at its lowest, 30.97 USD, in 1977.
Somalia ranks 72nd of 222 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value US$, 2015 prices in Somalia, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 31.6 USD | — |
| 1971 | 31.49 USD | -0.4% |
| 1972 | 35.37 USD | +12.3% |
| 1973 | 43.49 USD | +22.9% |
| 1974 | 51.09 USD | +17.5% |
| 1975 | 58.9 USD | +15.3% |
| 1976 | 69.07 USD | +17.3% |
| 1977 | 30.97 USD | -55.2% |
| 1978 | 33.15 USD | +7.0% |
| 1979 | 35.9 USD | +8.3% |
| 1980 | 39.14 USD | +9.0% |
| 1981 | 42.84 USD | +9.5% |
| 1982 | 45.49 USD | +6.2% |
| 1983 | 47.27 USD | +3.9% |
| 1984 | 48.98 USD | +3.6% |
| 1985 | 50.53 USD | +3.2% |
| 1986 | 51.54 USD | +2.0% |
| 1987 | 52.82 USD | +2.5% |
| 1988 | 54.68 USD | +3.5% |
| 1989 | 56.83 USD | +3.9% |
| 1990 | 58.96 USD | +3.7% |
| 1991 | 36.78 USD | -37.6% |
| 1992 | 39.71 USD | +8.0% |
| 1993 | 67.83 USD | +70.8% |
| 1994 | 97.05 USD | +43.1% |
| 1995 | 96.7 USD | -0.4% |
| 1996 | 104.52 USD | +8.1% |
| 1997 | 126.33 USD | +20.9% |
| 1998 | 160.17 USD | +26.8% |
| 1999 | 153.47 USD | -4.2% |
| 2000 | 160.55 USD | +4.6% |
| 2001 | 98.95 USD | -38.4% |
| 2002 | 89.48 USD | -9.6% |
| 2003 | 107.55 USD | +20.2% |
| 2004 | 136.62 USD | +27.0% |
| 2005 | 154.77 USD | +13.3% |
| 2006 | 156 USD | +0.8% |
| 2007 | 157.96 USD | +1.3% |
| 2008 | 161.22 USD | +2.1% |
| 2009 | 75.34 USD | -53.3% |
| 2010 | 64.37 USD | -14.6% |
| 2011 | 65.23 USD | +1.3% |
| 2012 | 85.03 USD | +30.4% |
| 2013 | 106.39 USD | +25.1% |
| 2014 | 108.37 USD | +1.9% |
| 2015 | 100 USD | -7.7% |
| 2016 | 95.59 USD | -4.4% |
| 2017 | 97.46 USD | +2.0% |
| 2018 | 90.28 USD | -7.4% |
| 2019 | 96.51 USD | +6.9% |
| 2020 | 98.94 USD | +2.5% |
| 2021 | 105.12 USD | +6.2% |
| 2022 | 110.08 USD | +4.7% |
| 2023 | 113.56 USD | +3.2% |
| 2024 | 124.53 USD | +9.7% |
Somalia compared with similar countries
- Somalia's 124.53 USD is above the median for low income countries, which is 119.16 USD, 1.0× the median. (22 countries reporting)
- Somalia's 124.53 USD is above the median for Sub-Saharan Africa, which is 112.88 USD, 1.1× the median. (44 countries reporting)
Biggest year-on-year movements
Years where GDP Deflator — Value US$, 2015 prices in Somalia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +70.8% | 39.71 USD | 67.83 USD |
| 1977 | -55.2% | 69.07 USD | 30.97 USD |
| 2009 | -53.3% | 161.22 USD | 75.34 USD |
| 2001 | -38.4% | 160.55 USD | 98.95 USD |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 42.1 USD | 30.97 USD | 69.07 USD | 10 |
| 1980s | 49.01 USD | 39.14 USD | 56.83 USD | 10 |
| 1990s | 94.15 USD | 36.78 USD | 160.17 USD | 10 |
| 2000s | 129.84 USD | 75.34 USD | 161.22 USD | 10 |
| 2010s | 90.92 USD | 64.37 USD | 108.37 USD | 10 |
| 2020s | 110.45 USD | 98.94 USD | 124.53 USD | 5 |
Countries ranked near Somalia
More economy & growth data for Somalia
- Real gdp growth, annual growth rate -2.75 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.52 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 25.66 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0238 units per US$ 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)
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$, 2015 prices?
- Somalia ranks 72nd out of 222 countries with data for 2024.
- Is gdp deflator — value us$, 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.
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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).