Gross fixed capital formation (current US$), per square kilometre in Somalia
Somalia: Gross fixed capital formation (current US$), per square kilometre was 4,124 current US$ per square kilometre in 2023. ◆ Volatile
Gross fixed capital formation (current US$), per square kilometre in Somalia, 1970–2023
Source: Statizoid (derived). Measured in current US$ per square kilometre.
Analysis
The most recent figure for gross fixed capital formation (current us$), per square kilometre in Somalia is 4,124 current US$ per square kilometre, measured in 2023. That is the highest value across all 33 years on record.
The figure is up 7.2% on the previous year and up 255.6% over ten years.
Over the whole period, gross fixed capital formation (current us$), per square kilometre in Somalia peaked at 4,124 current US$ per square kilometre in 2023 and was at its lowest, 46.68 current US$ per square kilometre, in 1970.
That places Somalia 165th out of 177 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation (current US$), per square kilometre in Somalia, year by year
| Year | current US$ per square kilometre | Change |
|---|---|---|
| 1970 | 46.68 current US$ per square kilometre | — |
| 1971 | 48.75 current US$ per square kilometre | +4.4% |
| 1972 | 74.22 current US$ per square kilometre | +52.3% |
| 1973 | 91.61 current US$ per square kilometre | +23.4% |
| 1974 | 174.72 current US$ per square kilometre | +90.7% |
| 1975 | 173.2 current US$ per square kilometre | -0.9% |
| 1976 | 207.13 current US$ per square kilometre | +19.6% |
| 1977 | 129.25 current US$ per square kilometre | -37.6% |
| 1978 | 203 current US$ per square kilometre | +57.1% |
| 1979 | 228.33 current US$ per square kilometre | +12.5% |
| 1980 | 414.5 current US$ per square kilometre | +81.5% |
| 1981 | 257.75 current US$ per square kilometre | -37.8% |
| 1982 | 309.54 current US$ per square kilometre | +20.1% |
| 1983 | 308.21 current US$ per square kilometre | -0.4% |
| 1984 | 286.01 current US$ per square kilometre | -7.2% |
| 1985 | 377.2 current US$ per square kilometre | +31.9% |
| 1986 | 358.87 current US$ per square kilometre | -4.9% |
| 1987 | 458.76 current US$ per square kilometre | +27.8% |
| 1988 | 321.08 current US$ per square kilometre | -30.0% |
| 1989 | 518.91 current US$ per square kilometre | +61.6% |
| 1990 | 217.81 current US$ per square kilometre | -58.0% |
| 2012 | 1,095 current US$ per square kilometre | +402.7% |
| 2013 | 1,160 current US$ per square kilometre | +5.9% |
| 2014 | 1,225 current US$ per square kilometre | +5.6% |
| 2015 | 1,289 current US$ per square kilometre | +5.3% |
| 2016 | 1,354 current US$ per square kilometre | +5.0% |
| 2017 | 1,680 current US$ per square kilometre | +24.0% |
| 2018 | 2,021 current US$ per square kilometre | +20.3% |
| 2019 | 2,219 current US$ per square kilometre | +9.8% |
| 2020 | 2,201 current US$ per square kilometre | -0.8% |
| 2021 | 2,718 current US$ per square kilometre | +23.5% |
| 2022 | 3,846 current US$ per square kilometre | +41.5% |
| 2023 | 4,124 current US$ per square kilometre | +7.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 137.69 current US$ per square kilometre | 46.68 current US$ per square kilometre | 228.33 current US$ per square kilometre | 10 |
| 1980s | 361.08 current US$ per square kilometre | 257.75 current US$ per square kilometre | 518.91 current US$ per square kilometre | 10 |
| 1990s | 217.81 current US$ per square kilometre | 217.81 current US$ per square kilometre | 217.81 current US$ per square kilometre | 1 |
| 2010s | 1,505 current US$ per square kilometre | 1,095 current US$ per square kilometre | 2,219 current US$ per square kilometre | 8 |
| 2020s | 3,222 current US$ per square kilometre | 2,201 current US$ per square kilometre | 4,124 current US$ per square kilometre | 4 |
Countries ranked near Somalia
- 162 Venezuela, Bolivarian Republic of 4,778 current US$ per square kilometre compare
- 163 Mali 4,256 current US$ per square kilometre compare
- 164 Libya 4,224 current US$ per square kilometre compare
- 166 Niger 4,006 current US$ per square kilometre compare
- 167 Namibia 3,986 current US$ per square kilometre compare
- 168 Mongolia 3,303 current 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)
- Households and NPISHs Final consumption expenditure (current LCU) 16.23 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 40,140 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 26.54 million current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 3.1 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.9458 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 625.34 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 8.82 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 1.41 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is gross fixed capital formation (current us$), per square kilometre in Somalia?
- Gross fixed capital formation (current us$), per square kilometre in Somalia was 4,124 current US$ per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation (current us$), per square kilometre recorded in Somalia?
- The highest recorded value was 4,124 current US$ per square kilometre in 2023.
- What is the lowest gross fixed capital formation (current us$), per square kilometre recorded in Somalia?
- The lowest recorded value was 46.68 current US$ per square kilometre in 1970.
- How does Somalia rank for gross fixed capital formation (current us$), per square kilometre?
- Somalia ranks 165th out of 177 countries with data for 2023.
- Is gross fixed capital formation (current us$), per square kilometre rising or falling in Somalia?
- Over the last ten years it is up 255.6%. 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 US$), per square kilometre. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Gross fixed capital formation (current US$) 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 (current US$) ÷ Land area (sq. km)
Computed from
- Gross fixed capital formation Country official statistics, National Statistical Offices (NSOs)
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross fixed capital formation (current US$) 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.