Gross fixed capital formation (constant LCU), per square kilometre in Somalia
Somalia: Gross fixed capital formation (constant LCU), per square kilometre was 118.14 million constant LCU per square kilometre in 2023. ◆ Volatile
Gross fixed capital formation (constant LCU), per square kilometre in Somalia, 1970–2023
Source: Statizoid (derived). Measured in constant LCU per square kilometre.
Analysis
The most recent figure for gross fixed 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 27 years on record.
The figure is up 14.5% on the previous year and up 208.7% over ten years.
Over the whole period, gross fixed 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, 4,283 constant LCU per square kilometre, in 1972.
That places Somalia 17th out of 165 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 fixed capital formation (constant LCU), per square kilometre in Somalia, year by year
| Year | constant LCU per square kilometre | Change |
|---|---|---|
| 1970 | 4,637 constant LCU per square kilometre | — |
| 1971 | 4,637 constant LCU per square kilometre | +0.0% |
| 1972 | 4,283 constant LCU per square kilometre | -7.6% |
| 1973 | 6,527 constant LCU per square kilometre | +52.4% |
| 1974 | 6,355 constant LCU per square kilometre | -2.6% |
| 1975 | 6,726 constant LCU per square kilometre | +5.8% |
| 1976 | 6,900 constant LCU per square kilometre | +2.6% |
| 1977 | 18,727 constant LCU per square kilometre | +171.4% |
| 1978 | 23,442 constant LCU per square kilometre | +25.2% |
| 1979 | 23,738 constant LCU per square kilometre | +1.3% |
| 1980 | 40,771 constant LCU per square kilometre | +71.8% |
| 1981 | 25,000 constant LCU per square kilometre | -38.7% |
| 1982 | 30,102 constant LCU per square kilometre | +20.4% |
| 1983 | 30,814 constant LCU per square kilometre | +2.4% |
| 1984 | 29,483 constant LCU per square kilometre | -4.3% |
| 1985 | 37,599 constant LCU per square kilometre | +27.5% |
| 2013 | 38.27 million constant LCU per square kilometre | +101678.5% |
| 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 2.43 million constant LCU per square kilometre, 48.5× the median. (18 countries reporting)
- Somalia's 118.14 million constant LCU per square kilometre is above the median for Sub-Saharan Africa, which is 2.87 million constant LCU per square kilometre, 41.2× the median. (40 countries reporting)
Biggest year-on-year movements
Years where Gross fixed 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 | +101678.5% | 37,599 constant LCU per square kilometre | 38.27 million constant LCU per square kilometre |
| 1977 | +171.4% | 6,900 constant LCU per square kilometre | 18,727 constant LCU per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10,597 constant LCU per square kilometre | 4,283 constant LCU per square kilometre | 23,738 constant LCU per square kilometre | 10 |
| 1980s | 32,295 constant LCU per square kilometre | 25,000 constant LCU per square kilometre | 40,771 constant LCU per square kilometre | 6 |
| 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
- 14 Colombia 150.07 million constant LCU per square kilometre compare
- 15 Laos 149.60 million constant LCU per square kilometre compare
- 16 Hungary 139.49 million constant LCU per square kilometre compare
- 18 Paraguay 113.58 million constant LCU per square kilometre compare
- 19 Guinea 94.96 million constant LCU per square kilometre compare
- 20 Bangladesh 80.42 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 fixed capital formation (constant lcu), per square kilometre in Somalia?
- Gross fixed 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 fixed 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 fixed capital formation (constant lcu), per square kilometre recorded in Somalia?
- The lowest recorded value was 4,283 constant LCU per square kilometre in 1972.
- How does Somalia rank for gross fixed capital formation (constant lcu), per square kilometre?
- Somalia ranks 17th out of 165 countries with data for 2023.
- Is gross fixed 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 fixed capital formation (constant LCU), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 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 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 fixed capital formation (constant LCU) ÷ 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 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.