Gross Fixed Capital Formation Deflator — Value Standard Local in Somalia
Somalia: Gross Fixed Capital Formation Deflator — Value Standard Local was 135.17 SLC in 2024. ◆ Volatile
Gross Fixed Capital Formation Deflator — Value Standard Local in Somalia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Somalia recorded 135.17 SLC for gross fixed capital formation deflator — value standard local in 2024.
The figure is up 5.4% on the previous year and up 30.5% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Somalia peaked at 136.96 SLC in 2022 and was at its lowest, 0.0049 SLC, in 1970.
Somalia ranks 91st of 194 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation Deflator — Value Standard Local in Somalia, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 0.0049 SLC | — |
| 1971 | 0.0051 SLC | +4.2% |
| 1972 | 0.0067 SLC | +29.8% |
| 1973 | 0.0084 SLC | +26.6% |
| 1974 | 0.016 SLC | +89.6% |
| 1975 | 0.0137 SLC | -14.3% |
| 1976 | 0.0169 SLC | +23.6% |
| 1977 | 0.0162 SLC | -4.5% |
| 1978 | 0.0191 SLC | +17.8% |
| 1979 | 0.0253 SLC | +32.7% |
| 1980 | 0.0264 SLC | +4.3% |
| 1981 | 0.0075 SLC | -71.7% |
| 1982 | 0.0109 SLC | +45.9% |
| 1983 | 0.0948 SLC | +769.1% |
| 1984 | 0.0866 SLC | -8.7% |
| 1985 | 0.0914 SLC | +5.5% |
| 1986 | 0.2114 SLC | +131.2% |
| 1987 | 0.2674 SLC | +26.5% |
| 1988 | 0.6901 SLC | +158.1% |
| 1989 | 1.45 SLC | +110.7% |
| 1990 | 4.8 SLC | +230.1% |
| 1991 | 5.94 SLC | +23.8% |
| 1992 | 7.46 SLC | +25.5% |
| 1993 | 12.67 SLC | +69.9% |
| 1994 | 19.66 SLC | +55.1% |
| 1995 | 25.92 SLC | +31.8% |
| 1996 | 34.9 SLC | +34.7% |
| 1997 | 47.29 SLC | +35.5% |
| 1998 | 55.43 SLC | +17.2% |
| 1999 | 61.57 SLC | +11.1% |
| 2000 | 74.38 SLC | +20.8% |
| 2001 | 77.11 SLC | +3.7% |
| 2002 | 89.27 SLC | +15.8% |
| 2003 | 88.67 SLC | -0.7% |
| 2004 | 96.79 SLC | +9.2% |
| 2005 | 128.34 SLC | +32.6% |
| 2006 | 115.43 SLC | -10.1% |
| 2007 | 117.14 SLC | +1.5% |
| 2008 | 122.6 SLC | +4.7% |
| 2009 | 124.22 SLC | +1.3% |
| 2010 | 104.97 SLC | -15.5% |
| 2011 | 102.48 SLC | -2.4% |
| 2012 | 100.05 SLC | -2.4% |
| 2013 | 102.46 SLC | +2.4% |
| 2014 | 103.58 SLC | +1.1% |
| 2015 | 100 SLC | -3.5% |
| 2016 | 99.27 SLC | -0.7% |
| 2017 | 103.87 SLC | +4.6% |
| 2018 | 110.83 SLC | +6.7% |
| 2019 | 109 SLC | -1.6% |
| 2020 | 108.02 SLC | -0.9% |
| 2021 | 127.26 SLC | +17.8% |
| 2022 | 136.96 SLC | +7.6% |
| 2023 | 128.24 SLC | -6.4% |
| 2024 | 135.17 SLC | +5.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0132 SLC | 0.0049 SLC | 0.0253 SLC | 10 |
| 1980s | 0.2941 SLC | 0.0075 SLC | 1.45 SLC | 10 |
| 1990s | 27.56 SLC | 4.8 SLC | 61.57 SLC | 10 |
| 2000s | 103.39 SLC | 74.38 SLC | 128.34 SLC | 10 |
| 2010s | 103.65 SLC | 99.27 SLC | 110.83 SLC | 10 |
| 2020s | 127.13 SLC | 108.02 SLC | 136.96 SLC | 5 |
Countries ranked near Somalia
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)
- GDP deflator (base year varies by country), annual growth rate 12.88 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth -15.77 % change on previous year (1990)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8524 current US$ per US$ of GDP (1990)
- Gross value added at basic prices (GVA) (current US$), per capita 124.12 current US$ per person (1990)
- Gross value added at basic prices (GVA) (current LCU), annual growth 211.84 % change on previous year (1990)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1,616 current LCU per US$ of GDP (1990)
- Gross value added at basic prices (GVA) (current LCU), per capita 235,336 current LCU per person (1990)
- GDP (current US$), annual growth rate 8.59 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in Somalia?
- Gross fixed capital formation deflator — value standard local in Somalia was 135.17 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation deflator — value standard local recorded in Somalia?
- The highest recorded value was 136.96 SLC in 2022.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Somalia?
- The lowest recorded value was 0.0049 SLC in 1970.
- How does Somalia rank for gross fixed capital formation deflator — value standard local?
- Somalia ranks 91st out of 194 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Somalia?
- Over the last ten years it is up 30.5%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).