Gross capital formation (constant LCU), per square kilometre in Somalia
Somalia: Gross capital formation (constant LCU), per square kilometre was 118.14 million constant LCU per square kilometre in 2023. ◆ Volatile
Gross capital formation (constant LCU), per square kilometre in Somalia, 1961–2023
Source: Statizoid (derived). Measured in constant LCU per square kilometre.
Analysis
The most recent figure for gross capital formation (constant lcu), per square kilometre in Somalia is 118.14 million constant LCU per square kilometre, measured in 2023. That is the highest value across all 40 years on record.
That represents a change of up 14.5% on the previous year and up 208.7% over ten years.
Over the whole period, gross capital formation (constant lcu), per square kilometre in Somalia peaked at 118.14 million constant LCU per square kilometre in 2023 and was at its lowest, 5,118 constant LCU per square kilometre, in 1961.
That places Somalia 16th out of 166 countries with data for 2023, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (constant LCU), per square kilometre in Somalia, year by year
| Year | constant LCU per square kilometre | Change |
|---|---|---|
| 1961 | 5,118 constant LCU per square kilometre | — |
| 1962 | 5,499 constant LCU per square kilometre | +7.4% |
| 1963 | 5,615 constant LCU per square kilometre | +2.1% |
| 1964 | 5,476 constant LCU per square kilometre | -2.5% |
| 1965 | 5,773 constant LCU per square kilometre | +5.4% |
| 1966 | 6,446 constant LCU per square kilometre | +11.7% |
| 1967 | 7,172 constant LCU per square kilometre | +11.3% |
| 1968 | 7,413 constant LCU per square kilometre | +3.4% |
| 1969 | 7,394 constant LCU per square kilometre | -0.3% |
| 1970 | 7,344 constant LCU per square kilometre | -0.7% |
| 1971 | 7,300 constant LCU per square kilometre | -0.6% |
| 1972 | 9,694 constant LCU per square kilometre | +32.8% |
| 1973 | 9,542 constant LCU per square kilometre | -1.6% |
| 1974 | 9,780 constant LCU per square kilometre | +2.5% |
| 1975 | 10,675 constant LCU per square kilometre | +9.1% |
| 1976 | 14,022 constant LCU per square kilometre | +31.4% |
| 1977 | 22,642 constant LCU per square kilometre | +61.5% |
| 1978 | 28,208 constant LCU per square kilometre | +24.6% |
| 1979 | 22,568 constant LCU per square kilometre | -20.0% |
| 1980 | 40,194 constant LCU per square kilometre | +78.1% |
| 1981 | 29,263 constant LCU per square kilometre | -27.2% |
| 1982 | 33,567 constant LCU per square kilometre | +14.7% |
| 1983 | 27,738 constant LCU per square kilometre | -17.4% |
| 1984 | 31,235 constant LCU per square kilometre | +12.6% |
| 1985 | 41,498 constant LCU per square kilometre | +32.9% |
| 1986 | 29,955 constant LCU per square kilometre | -27.8% |
| 1987 | 33,773 constant LCU per square kilometre | +12.7% |
| 1988 | 22,999 constant LCU per square kilometre | -31.9% |
| 1989 | 27,979 constant LCU per square kilometre | +21.7% |
| 2013 | 38.27 million constant LCU per square kilometre | +136674.6% |
| 2014 | 40.14 million constant LCU per square kilometre | +4.9% |
| 2015 | 44.75 million constant LCU per square kilometre | +11.5% |
| 2016 | 47.61 million constant LCU per square kilometre | +6.4% |
| 2017 | 56.48 million constant LCU per square kilometre | +18.6% |
| 2018 | 67.02 million constant LCU per square kilometre | +18.7% |
| 2019 | 74.81 million constant LCU per square kilometre | +11.6% |
| 2020 | 74.89 million constant LCU per square kilometre | +0.1% |
| 2021 | 78.49 million constant LCU per square kilometre | +4.8% |
| 2022 | 103.21 million constant LCU per square kilometre | +31.5% |
| 2023 | 118.14 million constant LCU per square kilometre | +14.5% |
Somalia compared with similar countries
- Somalia's 118.14 million constant LCU per square kilometre is above the median for low income countries, which is 2.40 million constant LCU per square kilometre, 49.3× the median. (19 countries reporting)
- Somalia's 118.14 million constant LCU per square kilometre is above the median for Sub-Saharan Africa, which is 3.10 million constant LCU per square kilometre, 38.1× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Gross capital formation (constant LCU), per square kilometre 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 |
|---|---|---|---|
| 2013 | +136674.6% | 27,979 constant LCU per square kilometre | 38.27 million constant LCU per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6,212 constant LCU per square kilometre | 5,118 constant LCU per square kilometre | 7,413 constant LCU per square kilometre | 9 |
| 1970s | 14,178 constant LCU per square kilometre | 7,300 constant LCU per square kilometre | 28,208 constant LCU per square kilometre | 10 |
| 1980s | 31,820 constant LCU per square kilometre | 22,999 constant LCU per square kilometre | 41,498 constant LCU per square kilometre | 10 |
| 2010s | 52.73 million constant LCU per square kilometre | 38.27 million constant LCU per square kilometre | 74.81 million constant LCU per square kilometre | 7 |
| 2020s | 93.68 million constant LCU per square kilometre | 74.89 million constant LCU per square kilometre | 118.14 million constant LCU per square kilometre | 4 |
Countries ranked near Somalia
- 13 Laos 149.60 million constant LCU per square kilometre compare
- 14 Hungary 142.32 million constant LCU per square kilometre compare
- 15 Paraguay 127.06 million constant LCU per square kilometre compare
- 17 Guinea 90.45 million constant LCU per square kilometre compare
- 18 Bangladesh 80.42 million constant LCU per square kilometre compare
- 19 Iraq 68.58 million constant LCU per square kilometre 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 gross capital formation (constant lcu), per square kilometre in Somalia?
- Gross capital formation (constant lcu), per square kilometre in Somalia was 118.14 million constant LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (constant lcu), per square kilometre recorded in Somalia?
- The highest recorded value was 118.14 million constant LCU per square kilometre in 2023.
- What is the lowest gross capital formation (constant lcu), per square kilometre recorded in Somalia?
- The lowest recorded value was 5,118 constant LCU per square kilometre in 1961.
- How does Somalia rank for gross capital formation (constant lcu), per square kilometre?
- Somalia ranks 16th out of 166 countries with data for 2023.
- Is gross capital formation (constant lcu), per square kilometre rising or falling in Somalia?
- Over the last ten years it is up 208.7%. 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 Gross capital formation (constant LCU), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 40 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross capital formation (constant LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross capital formation (constant LCU) ÷ Land area (sq. km)
Computed from
- Gross capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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
Gross capital formation (constant LCU) divided by Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.