Gross fixed capital formation (current LCU), per square kilometre in Somalia
Somalia: Gross fixed capital formation (current LCU), per square kilometre was 112.17 million current LCU per square kilometre in 2023. ◆ Volatile
Gross fixed capital formation (current LCU), per square kilometre in Somalia, 1970–2023
Source: Statizoid (derived). Measured in current LCU per square kilometre.
Analysis
In 2023, gross fixed capital formation (current lcu), per square kilometre in Somalia stood at 112.17 million current LCU per square kilometre. That is the highest value across all 33 years on record.
Compared with earlier readings it is up 8.7% on the previous year and up 401.6% over ten years.
Over the whole period, gross fixed 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, 326.78 current LCU per square kilometre, in 1970.
That places Somalia 21st out of 177 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current LCU), per square kilometre in Somalia, year by year
| Year | current LCU per square kilometre | Change |
|---|---|---|
| 1970 | 326.78 current LCU per square kilometre | — |
| 1971 | 347.5 current LCU per square kilometre | +6.3% |
| 1972 | 518.06 current LCU per square kilometre | +49.1% |
| 1973 | 575.45 current LCU per square kilometre | +11.1% |
| 1974 | 1,100 current LCU per square kilometre | +91.1% |
| 1975 | 1,090 current LCU per square kilometre | -0.9% |
| 1976 | 1,304 current LCU per square kilometre | +19.6% |
| 1977 | 1,784 current LCU per square kilometre | +36.8% |
| 1978 | 2,939 current LCU per square kilometre | +64.8% |
| 1979 | 3,480 current LCU per square kilometre | +18.4% |
| 1980 | 11,930 current LCU per square kilometre | +242.8% |
| 1981 | 8,130 current LCU per square kilometre | -31.9% |
| 1982 | 11,633 current LCU per square kilometre | +43.1% |
| 1983 | 14,722 current LCU per square kilometre | +26.6% |
| 1984 | 22,611 current LCU per square kilometre | +53.6% |
| 1985 | 37,599 current LCU per square kilometre | +66.3% |
| 1986 | 46,506 current LCU per square kilometre | +23.7% |
| 1987 | 76,361 current LCU per square kilometre | +64.2% |
| 1988 | 87,793 current LCU per square kilometre | +15.0% |
| 1989 | 265,765 current LCU per square kilometre | +202.7% |
| 1990 | 412,979 current LCU per square kilometre | +55.4% |
| 2012 | 24.65 million current LCU per square kilometre | +5869.1% |
| 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% |
Somalia compared with similar countries
- Somalia's 112.17 million current LCU per square kilometre is above the median for low income countries, which is 3.27 million current LCU per square kilometre, 34.3× the median. (18 countries reporting)
- Somalia's 112.17 million current LCU per square kilometre is above the median for Sub-Saharan Africa, which is 6.78 million current LCU per square kilometre, 16.6× the median. (41 countries reporting)
Biggest year-on-year movements
Years where Gross fixed capital formation (current 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 |
|---|---|---|---|
| 2012 | +5869.1% | 412,979 current LCU per square kilometre | 24.65 million current LCU per square kilometre |
| 1980 | +242.8% | 3,480 current LCU per square kilometre | 11,930 current LCU per square kilometre |
| 1989 | +202.7% | 87,793 current LCU per square kilometre | 265,765 current LCU per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1,346 current LCU per square kilometre | 326.78 current LCU per square kilometre | 3,480 current LCU per square kilometre | 10 |
| 1980s | 58,305 current LCU per square kilometre | 8,130 current LCU per square kilometre | 265,765 current LCU per square kilometre | 10 |
| 1990s | 412,979 current LCU per square kilometre | 412,979 current LCU per square kilometre | 412,979 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
- 18 Laos 162.48 million current LCU per square kilometre compare
- 19 Costa Rica 155.19 million current LCU per square kilometre compare
- 20 Maldives 119.02 million current LCU per square kilometre compare
- 22 Bangladesh 106.94 million current LCU per square kilometre compare
- 23 Iraq 101.61 million current LCU per square kilometre compare
- 24 Chile 92.65 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 fixed capital formation (current lcu), per square kilometre in Somalia?
- Gross fixed 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 fixed 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 fixed capital formation (current lcu), per square kilometre recorded in Somalia?
- The lowest recorded value was 326.78 current LCU per square kilometre in 1970.
- How does Somalia rank for gross fixed capital formation (current lcu), per square kilometre?
- Somalia ranks 21st out of 177 countries with data for 2023.
- Is gross fixed 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 fixed capital formation (current LCU), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 33 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross fixed 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 fixed capital formation (current 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 (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.