Gross Domestic Product — Value Standard Local Currency, per square in Somalia
Somalia: Gross Domestic Product — Value Standard Local Currency, per square was 424.88 million SLC per square kilometre in 2023. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency, per square in Somalia, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
In 2023, gross domestic product — value standard local currency, per square in Somalia stood at 424.88 million SLC per square kilometre. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 7.5% on the previous year and up 180.9% over ten years.
Over the whole period, gross domestic product — value standard local currency, per square in Somalia peaked at 424.88 million SLC per square kilometre in 2023 and was at its lowest, 0.0039 million SLC per square kilometre, in 1970.
Somalia ranks 20th of 192 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency, per square in Somalia, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0039 million SLC per square kilometre | — |
| 1971 | 0.0039 million SLC per square kilometre | +1.6% |
| 1972 | 0.005 million SLC per square kilometre | +26.4% |
| 1973 | 0.0048 million SLC per square kilometre | -2.8% |
| 1974 | 0.0057 million SLC per square kilometre | +18.6% |
| 1975 | 0.0076 million SLC per square kilometre | +32.2% |
| 1976 | 0.0087 million SLC per square kilometre | +15.1% |
| 1977 | 0.011 million SLC per square kilometre | +25.4% |
| 1978 | 0.013 million SLC per square kilometre | +18.8% |
| 1979 | 0.0143 million SLC per square kilometre | +9.9% |
| 1980 | 0.0276 million SLC per square kilometre | +93.0% |
| 1981 | 0.0352 million SLC per square kilometre | +27.2% |
| 1982 | 0.0464 million SLC per square kilometre | +32.0% |
| 1983 | 0.056 million SLC per square kilometre | +20.7% |
| 1984 | 0.0992 million SLC per square kilometre | +77.2% |
| 1985 | 0.1391 million SLC per square kilometre | +40.2% |
| 1986 | 0.1893 million SLC per square kilometre | +36.1% |
| 1987 | 0.2704 million SLC per square kilometre | +42.8% |
| 1988 | 0.4583 million SLC per square kilometre | +69.5% |
| 1989 | 0.9645 million SLC per square kilometre | +110.4% |
| 1990 | 3.12 million SLC per square kilometre | +223.2% |
| 1991 | 4.35 million SLC per square kilometre | +39.5% |
| 1992 | 4.97 million SLC per square kilometre | +14.4% |
| 1993 | 8 million SLC per square kilometre | +60.8% |
| 1994 | 10.24 million SLC per square kilometre | +28.0% |
| 1995 | 14.01 million SLC per square kilometre | +36.7% |
| 1996 | 19.66 million SLC per square kilometre | +40.4% |
| 1997 | 26.58 million SLC per square kilometre | +35.2% |
| 1998 | 34.55 million SLC per square kilometre | +30.0% |
| 1999 | 42.42 million SLC per square kilometre | +22.8% |
| 2000 | 52.07 million SLC per square kilometre | +22.8% |
| 2001 | 60.37 million SLC per square kilometre | +15.9% |
| 2002 | 69.99 million SLC per square kilometre | +15.9% |
| 2003 | 80.06 million SLC per square kilometre | +14.4% |
| 2004 | 91.58 million SLC per square kilometre | +14.4% |
| 2005 | 113.85 million SLC per square kilometre | +24.3% |
| 2006 | 112.91 million SLC per square kilometre | -0.8% |
| 2007 | 124.71 million SLC per square kilometre | +10.4% |
| 2008 | 135.8 million SLC per square kilometre | +8.9% |
| 2009 | 148.33 million SLC per square kilometre | +9.2% |
| 2010 | 133.97 million SLC per square kilometre | -9.7% |
| 2011 | 138.81 million SLC per square kilometre | +3.6% |
| 2012 | 145.06 million SLC per square kilometre | +4.5% |
| 2013 | 151.24 million SLC per square kilometre | +4.3% |
| 2014 | 187.29 million SLC per square kilometre | +23.8% |
| 2015 | 235.11 million SLC per square kilometre | +25.5% |
| 2016 | 271.7 million SLC per square kilometre | +15.6% |
| 2017 | 303.83 million SLC per square kilometre | +11.8% |
| 2018 | 304.96 million SLC per square kilometre | +0.4% |
| 2019 | 335.25 million SLC per square kilometre | +9.9% |
| 2020 | 334.2 million SLC per square kilometre | -0.3% |
| 2021 | 367.36 million SLC per square kilometre | +9.9% |
| 2022 | 395.21 million SLC per square kilometre | +7.6% |
| 2023 | 424.88 million SLC per square kilometre | +7.5% |
Somalia compared with similar countries
- Somalia's 424.88 million SLC per square kilometre is above the median for low income countries, which is 22.48 million SLC per square kilometre, 18.9× the median. (23 countries reporting)
- Somalia's 424.88 million SLC per square kilometre is above the median for Sub-Saharan Africa, which is 26.01 million SLC per square kilometre, 16.3× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, per square 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 |
|---|---|---|---|
| 1990 | +223.2% | 0.9645 million SLC per square kilometre | 3.12 million SLC per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0078 million SLC per square kilometre | 0.0039 million SLC per square kilometre | 0.0143 million SLC per square kilometre | 10 |
| 1980s | 0.2286 million SLC per square kilometre | 0.0276 million SLC per square kilometre | 0.9645 million SLC per square kilometre | 10 |
| 1990s | 16.79 million SLC per square kilometre | 3.12 million SLC per square kilometre | 42.42 million SLC per square kilometre | 10 |
| 2000s | 98.97 million SLC per square kilometre | 52.07 million SLC per square kilometre | 148.33 million SLC per square kilometre | 10 |
| 2010s | 220.72 million SLC per square kilometre | 133.97 million SLC per square kilometre | 335.25 million SLC per square kilometre | 10 |
| 2020s | 380.42 million SLC per square kilometre | 334.2 million SLC per square kilometre | 424.88 million SLC per square kilometre | 4 |
Countries ranked near Somalia
- 17 Iraq 701.73 million SLC per square kilometre compare
- 18 Rwanda 662.95 million SLC per square kilometre compare
- 19 Sri Lanka 446.65 million SLC per square kilometre compare
- 21 Burundi 396.96 million SLC per square kilometre compare
- 22 Chile 379.45 million SLC per square kilometre compare
- 23 Comoros 353.99 million SLC 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 domestic product — value standard local currency, per square in Somalia?
- Gross domestic product — value standard local currency, per square in Somalia was 424.88 million SLC per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, per square recorded in Somalia?
- The highest recorded value was 424.88 million SLC per square kilometre in 2023.
- What is the lowest gross domestic product — value standard local currency, per square recorded in Somalia?
- The lowest recorded value was 0.0039 million SLC per square kilometre in 1970.
- How does Somalia rank for gross domestic product — value standard local currency, per square?
- Somalia ranks 20th out of 192 countries with data for 2023.
- Is gross domestic product — value standard local currency, per square rising or falling in Somalia?
- Over the last ten years it is up 180.9%. 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 Domestic Product — Value Standard Local Currency, per square kilometre. 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
Gross Domestic Product — Value Standard Local Currency 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 Domestic Product — Value Standard Local Currency ÷ Land area (sq. km)
Computed from
- Gross Domestic Product — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- 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 Domestic Product — Value Standard Local Currency 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.