Gross capital formation (current LCU), per square kilometre in Somalia
Somalia: Gross capital formation (current LCU), per square kilometre was 112.17 million current LCU per square kilometre in 2023. ◆ Volatile
Gross capital formation (current LCU), per square kilometre in Somalia, 1961–2023
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
Somalia recorded 112.17 million current LCU per square kilometre for gross capital formation (current lcu), per square kilometre in 2023. That is the highest value across all 42 years on record.
The figure is up 8.7% on the previous year and up 401.6% over ten years.
Over the whole period, gross capital formation (current lcu), per square kilometre in Somalia peaked at 112.17 million current LCU per square kilometre in 2023 and was at its lowest, 210.25 current LCU per square kilometre, in 1961.
Somalia ranks 22nd of 184 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross capital formation (current LCU), per square kilometre in Somalia, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 1961 | 210.25 current LCU per square kilometre | — |
| 1962 | 224.28 current LCU per square kilometre | +6.7% |
| 1963 | 236.4 current LCU per square kilometre | +5.4% |
| 1964 | 260.78 current LCU per square kilometre | +10.3% |
| 1965 | 310.52 current LCU per square kilometre | +19.1% |
| 1966 | 335.54 current LCU per square kilometre | +8.1% |
| 1967 | 372.05 current LCU per square kilometre | +10.9% |
| 1968 | 397.39 current LCU per square kilometre | +6.8% |
| 1969 | 422.26 current LCU per square kilometre | +6.3% |
| 1970 | 422.42 current LCU per square kilometre | +0.0% |
| 1971 | 449.52 current LCU per square kilometre | +6.4% |
| 1972 | 629.64 current LCU per square kilometre | +40.1% |
| 1973 | 728.47 current LCU per square kilometre | +15.7% |
| 1974 | 1,261 current LCU per square kilometre | +73.1% |
| 1975 | 1,607 current LCU per square kilometre | +27.4% |
| 1976 | 2,421 current LCU per square kilometre | +50.7% |
| 1977 | 2,350 current LCU per square kilometre | -3.0% |
| 1978 | 3,741 current LCU per square kilometre | +59.2% |
| 1979 | 3,296 current LCU per square kilometre | -11.9% |
| 1980 | 11,740 current LCU per square kilometre | +256.1% |
| 1981 | 9,689 current LCU per square kilometre | -17.5% |
| 1982 | 13,584 current LCU per square kilometre | +40.2% |
| 1983 | 12,529 current LCU per square kilometre | -7.8% |
| 1984 | 24,041 current LCU per square kilometre | +91.9% |
| 1985 | 41,498 current LCU per square kilometre | +72.6% |
| 1986 | 48,428 current LCU per square kilometre | +16.7% |
| 1987 | 89,222 current LCU per square kilometre | +84.2% |
| 1988 | 108,158 current LCU per square kilometre | +21.2% |
| 1989 | 270,223 current LCU per square kilometre | +149.8% |
| 1990 | 429,609 current LCU per square kilometre | +59.0% |
| 2012 | 24.65 million current LCU per square kilometre | +5638.0% |
| 2013 | 22.36 million current LCU per square kilometre | -9.3% |
| 2014 | 24.77 million current LCU per square kilometre | +10.8% |
| 2015 | 28.70 million current LCU per square kilometre | +15.8% |
| 2016 | 31.24 million current LCU per square kilometre | +8.8% |
| 2017 | 38.80 million current LCU per square kilometre | +24.2% |
| 2018 | 48.42 million current LCU per square kilometre | +24.8% |
| 2019 | 55.62 million current LCU per square kilometre | +14.9% |
| 2020 | 56.71 million current LCU per square kilometre | +2.0% |
| 2021 | 70.77 million current LCU per square kilometre | +24.8% |
| 2022 | 103.21 million current LCU per square kilometre | +45.8% |
| 2023 | 112.17 million current LCU per square kilometre | +8.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 307.72 current LCU per square kilometre | 210.25 current LCU per square kilometre | 422.26 current LCU per square kilometre | 9 |
| 1970s | 1,691 current LCU per square kilometre | 422.42 current LCU per square kilometre | 3,741 current LCU per square kilometre | 10 |
| 1980s | 62,911 current LCU per square kilometre | 9,689 current LCU per square kilometre | 270,223 current LCU per square kilometre | 10 |
| 1990s | 429,609 current LCU per square kilometre | 429,609 current LCU per square kilometre | 429,609 current LCU per square kilometre | 1 |
| 2010s | 34.32 million current LCU per square kilometre | 22.36 million current LCU per square kilometre | 55.62 million current LCU per square kilometre | 8 |
| 2020s | 85.71 million current LCU per square kilometre | 56.71 million current LCU per square kilometre | 112.17 million current LCU per square kilometre | 4 |
Countries ranked near Somalia
- 19 Paraguay 160.94 million current LCU per square kilometre compare
- 20 Costa Rica 147.76 million current LCU per square kilometre compare
- 21 Maldives 112.99 million current LCU per square kilometre compare
- 23 Sri Lanka 108.06 million current LCU per square kilometre compare
- 24 Bangladesh 106.94 million current LCU per square kilometre compare
- 25 Chile 88.61 million current 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 (current lcu), per square kilometre in Somalia?
- Gross capital formation (current lcu), per square kilometre in Somalia was 112.17 million current LCU per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross capital formation (current lcu), per square kilometre recorded in Somalia?
- The highest recorded value was 112.17 million current LCU per square kilometre in 2023.
- What is the lowest gross capital formation (current lcu), per square kilometre recorded in Somalia?
- The lowest recorded value was 210.25 current LCU per square kilometre in 1961.
- How does Somalia rank for gross capital formation (current lcu), per square kilometre?
- Somalia ranks 22nd out of 184 countries with data for 2023.
- Is gross capital formation (current lcu), per square kilometre rising or falling in Somalia?
- Over the last ten years it is up 401.6%. 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 (current LCU), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross capital formation (current 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 (current 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 (current 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.