Gross Fixed Capital Formation — Value US$, per square kilometre in Somalia
Somalia: Gross Fixed Capital Formation — Value US$, per square kilometre was 0.0039 million USD per square kilometre in 2023. ◆ Volatile
Gross Fixed Capital Formation — Value US$, per square kilometre in Somalia, 1970–2023
Source: Statizoid (derived). Measured in million USD per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value us$, per square kilometre in Somalia is 0.0039 million USD per square kilometre, measured in 2023. That is the highest value across all 54 years on record.
That represents a change of up 1.7% on the previous year and up 285.8% over ten years.
Over the whole period, gross fixed capital formation — value us$, per square kilometre in Somalia peaked at 0.0039 million USD per square kilometre in 2023 and was at its lowest, 0 million USD per square kilometre, in 1981.
Somalia ranks 181st of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, per square kilometre in Somalia, year by year
| Year | million USD per square kilometre | Change |
|---|---|---|
| 1970 | 0 million USD per square kilometre | — |
| 1971 | 0.0001 million USD per square kilometre | +6.6% |
| 1972 | 0.0001 million USD per square kilometre | +52.3% |
| 1973 | 0.0001 million USD per square kilometre | +23.4% |
| 1974 | 0.0002 million USD per square kilometre | +90.7% |
| 1975 | 0.0002 million USD per square kilometre | -0.9% |
| 1976 | 0.0002 million USD per square kilometre | +19.6% |
| 1977 | 0.0001 million USD per square kilometre | -55.6% |
| 1978 | 0.0001 million USD per square kilometre | +18.1% |
| 1979 | 0.0001 million USD per square kilometre | +19.2% |
| 1980 | 0.0001 million USD per square kilometre | -36.2% |
| 1981 | 0 million USD per square kilometre | -75.8% |
| 1982 | 0 million USD per square kilometre | +38.3% |
| 1983 | 0.0002 million USD per square kilometre | +446.9% |
| 1984 | 0.0001 million USD per square kilometre | -37.9% |
| 1985 | 0.0001 million USD per square kilometre | +13.0% |
| 1986 | 0.0002 million USD per square kilometre | +87.5% |
| 1987 | 0.0002 million USD per square kilometre | +12.7% |
| 1988 | 0.0003 million USD per square kilometre | +14.9% |
| 1989 | 0.0004 million USD per square kilometre | +30.5% |
| 1990 | 0.0004 million USD per square kilometre | +6.6% |
| 1991 | 0.0002 million USD per square kilometre | -46.3% |
| 1992 | 0.0002 million USD per square kilometre | -2.9% |
| 1993 | 0.0004 million USD per square kilometre | +90.5% |
| 1994 | 0.0004 million USD per square kilometre | +5.0% |
| 1995 | 0.0004 million USD per square kilometre | +1.2% |
| 1996 | 0.0005 million USD per square kilometre | +14.1% |
| 1997 | 0.0006 million USD per square kilometre | +19.5% |
| 1998 | 0.0007 million USD per square kilometre | +27.7% |
| 1999 | 0.0007 million USD per square kilometre | +1.7% |
| 2000 | 0.0008 million USD per square kilometre | +10.9% |
| 2001 | 0.0005 million USD per square kilometre | -35.3% |
| 2002 | 0.0005 million USD per square kilometre | -4.5% |
| 2003 | 0.0006 million USD per square kilometre | +13.8% |
| 2004 | 0.0008 million USD per square kilometre | +33.5% |
| 2005 | 0.001 million USD per square kilometre | +34.0% |
| 2006 | 0.0011 million USD per square kilometre | +6.4% |
| 2007 | 0.0011 million USD per square kilometre | +3.7% |
| 2008 | 0.0013 million USD per square kilometre | +11.7% |
| 2009 | 0.0006 million USD per square kilometre | -50.0% |
| 2010 | 0.0006 million USD per square kilometre | -8.1% |
| 2011 | 0.0006 million USD per square kilometre | +11.3% |
| 2012 | 0.0009 million USD per square kilometre | +43.8% |
| 2013 | 0.001 million USD per square kilometre | +10.2% |
| 2014 | 0.0011 million USD per square kilometre | +10.2% |
| 2015 | 0.0012 million USD per square kilometre | +10.2% |
| 2016 | 0.0014 million USD per square kilometre | +10.0% |
| 2017 | 0.0017 million USD per square kilometre | +24.0% |
| 2018 | 0.002 million USD per square kilometre | +20.3% |
| 2019 | 0.0022 million USD per square kilometre | +9.8% |
| 2020 | 0.0022 million USD per square kilometre | -0.8% |
| 2021 | 0.0027 million USD per square kilometre | +23.5% |
| 2022 | 0.0038 million USD per square kilometre | +41.5% |
| 2023 | 0.0039 million USD per square kilometre | +1.7% |
Somalia compared with similar countries
- Somalia's 0.0039 million USD per square kilometre is below the median for low income countries, which is 0.0054 million USD per square kilometre, 72% of the median. (23 countries reporting)
- Somalia's 0.0039 million USD per square kilometre is below the median for Sub-Saharan Africa, which is 0.0176 million USD per square kilometre, 22% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, per square kilometre in Somalia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1983 | +446.9% | 0 million USD per square kilometre | 0.0002 million USD per square kilometre |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0001 million USD per square kilometre | 0 million USD per square kilometre | 0.0002 million USD per square kilometre | 10 |
| 1980s | 0.0002 million USD per square kilometre | 0 million USD per square kilometre | 0.0004 million USD per square kilometre | 10 |
| 1990s | 0.0004 million USD per square kilometre | 0.0002 million USD per square kilometre | 0.0007 million USD per square kilometre | 10 |
| 2000s | 0.0008 million USD per square kilometre | 0.0005 million USD per square kilometre | 0.0013 million USD per square kilometre | 10 |
| 2010s | 0.0013 million USD per square kilometre | 0.0006 million USD per square kilometre | 0.0022 million USD per square kilometre | 10 |
| 2020s | 0.0032 million USD per square kilometre | 0.0022 million USD per square kilometre | 0.0039 million USD per square kilometre | 4 |
Countries ranked near Somalia
- 178 Papua New Guinea 0.0052 million USD per square kilometre compare
- 179 Libya 0.004 million USD per square kilometre compare
- 180 Namibia 0.0039 million USD per square kilometre compare
- 182 Guinea-Bissau 0.0038 million USD per square kilometre compare
- 183 Afghanistan 0.0038 million USD per square kilometre compare
- 184 Niger 0.0035 million USD per square kilometre compare
More economy & growth data for Somalia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.52 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Foreign direct investment, net inflows (BoP, current US$), 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$), annual growth rate 0.6536 % change on previous year (1989)
Frequently asked questions
- What is gross fixed capital formation — value us$, per square kilometre in Somalia?
- Gross fixed capital formation — value us$, per square kilometre in Somalia was 0.0039 million USD per square kilometre in 2023, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, per square kilometre recorded in Somalia?
- The highest recorded value was 0.0039 million USD per square kilometre in 2023.
- What is the lowest gross fixed capital formation — value us$, per square kilometre recorded in Somalia?
- The lowest recorded value was 0 million USD per square kilometre in 1981.
- How does Somalia rank for gross fixed capital formation — value us$, per square kilometre?
- Somalia ranks 181st out of 194 countries with data for 2023.
- Is gross fixed capital formation — value us$, per square kilometre rising or falling in Somalia?
- Over the last ten years it is up 285.8%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, per square kilometre. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value 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 — Value US$ ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value US$ Food and Agriculture Organization of the United Nations
- 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 — Value 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.