Gross fixed capital formation (constant 2015 US$), per square in Somalia
Somalia: Gross fixed capital formation (constant 2015 US$), per square was 3,404 constant 2015 US$ per square kilometre in 2023. ▲ Rising
Gross fixed capital formation (constant 2015 US$), per square in Somalia, 2013–2023
Source: Statizoid (derived). Measured in constant 2015 US$ per square kilometre.
Analysis
In 2023, gross fixed capital formation (constant 2015 us$), per square in Somalia stood at 3,404 constant 2015 US$ per square kilometre. That is the highest value across all 11 years on record.
Compared with earlier readings it is up 14.5% on the previous year and up 208.7% over ten years.
Over the whole period, gross fixed capital formation (constant 2015 us$), per square in Somalia peaked at 3,404 constant 2015 US$ per square kilometre in 2023 and was at its lowest, 1,103 constant 2015 US$ per square kilometre, in 2013.
Somalia ranks 153rd of 159 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Gross fixed capital formation (constant 2015 US$), per square in Somalia, year by year
| Year | constant 2015 US$ per square kilometre | Change |
|---|---|---|
| 2013 | 1,103 constant 2015 US$ per square kilometre | — |
| 2014 | 1,157 constant 2015 US$ per square kilometre | +4.9% |
| 2015 | 1,289 constant 2015 US$ per square kilometre | +11.5% |
| 2016 | 1,372 constant 2015 US$ per square kilometre | +6.4% |
| 2017 | 1,627 constant 2015 US$ per square kilometre | +18.6% |
| 2018 | 1,931 constant 2015 US$ per square kilometre | +18.7% |
| 2019 | 2,155 constant 2015 US$ per square kilometre | +11.6% |
| 2020 | 2,158 constant 2015 US$ per square kilometre | +0.1% |
| 2021 | 2,261 constant 2015 US$ per square kilometre | +4.8% |
| 2022 | 2,974 constant 2015 US$ per square kilometre | +31.5% |
| 2023 | 3,404 constant 2015 US$ per square kilometre | +14.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1,519 constant 2015 US$ per square kilometre | 1,103 constant 2015 US$ per square kilometre | 2,155 constant 2015 US$ per square kilometre | 7 |
| 2020s | 2,699 constant 2015 US$ per square kilometre | 2,158 constant 2015 US$ per square kilometre | 3,404 constant 2015 US$ per square kilometre | 4 |
Countries ranked near Somalia
- 150 Namibia 4,130 constant 2015 US$ per square kilometre compare
- 151 Yemen 4,091 constant 2015 US$ per square kilometre compare
- 152 Niger 3,885 constant 2015 US$ per square kilometre compare
- 154 Mongolia 3,132 constant 2015 US$ per square kilometre compare
- 155 Greenland 2,552 constant 2015 US$ per square kilometre compare
- 156 Venezuela, Bolivarian Republic of 2,459 constant 2015 US$ 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$), annual growth rate 0.6536 % change on previous year (1989)
Frequently asked questions
- What is gross fixed capital formation (constant 2015 us$), per square in Somalia?
- Gross fixed capital formation (constant 2015 us$), per square in Somalia was 3,404 constant 2015 US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation (constant 2015 us$), per square recorded in Somalia?
- The highest recorded value was 3,404 constant 2015 US$ per square kilometre in 2023.
- What is the lowest gross fixed capital formation (constant 2015 us$), per square recorded in Somalia?
- The lowest recorded value was 1,103 constant 2015 US$ per square kilometre in 2013.
- How does Somalia rank for gross fixed capital formation (constant 2015 us$), per square?
- Somalia ranks 153rd out of 159 countries with data for 2023.
- Is gross fixed capital formation (constant 2015 us$), per square rising or falling in Somalia?
- Over the last ten years it is up 208.7%. The long-run trend across the full record is rising.
- Where does this Somalia data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation (constant 2015 US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross fixed capital formation (constant 2015 US$) 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 fixed capital formation (constant 2015 US$) ÷ Land area (sq. km)
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Organizations and/or Central Banks
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross fixed capital formation (constant 2015 US$) 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.