Gross National Income — Value Standard Local Currency, per capita in Somalia
Somalia: Gross National Income — Value Standard Local Currency, per capita was 14.46 million SLC per person in 2023. ◆ Volatile
Gross National Income — Value Standard Local Currency, per capita in Somalia, 1970–2023
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2023, gross national income — value standard local currency, per capita in Somalia stood at 14.46 million SLC per person. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 4.3% on the previous year and up 97.6% over ten years.
Over the whole period, gross national income — value standard local currency, per capita in Somalia peaked at 14.46 million SLC per person in 2023 and was at its lowest, 0.0006 million SLC per person, in 1970.
That places Somalia 9th out of 194 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 National Income — Value Standard Local Currency, per capita in Somalia, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0006 million SLC per person | — |
| 1971 | 0.0006 million SLC per person | +1.6% |
| 1972 | 0.0007 million SLC per person | +20.4% |
| 1973 | 0.0008 million SLC per person | +6.8% |
| 1974 | 0.0007 million SLC per person | -9.8% |
| 1975 | 0.0011 million SLC per person | +47.7% |
| 1976 | 0.0012 million SLC per person | +10.9% |
| 1977 | 0.0015 million SLC per person | +31.3% |
| 1978 | 0.0017 million SLC per person | +10.7% |
| 1979 | 0.0017 million SLC per person | -2.7% |
| 1980 | 0.0029 million SLC per person | +76.8% |
| 1981 | 0.0037 million SLC per person | +26.1% |
| 1982 | 0.0048 million SLC per person | +31.1% |
| 1983 | 0.0057 million SLC per person | +17.2% |
| 1984 | 0.0095 million SLC per person | +68.8% |
| 1985 | 0.0128 million SLC per person | +33.6% |
| 1986 | 0.0164 million SLC per person | +28.6% |
| 1987 | 0.0227 million SLC per person | +38.4% |
| 1988 | 0.0396 million SLC per person | +74.4% |
| 1989 | 0.0815 million SLC per person | +105.9% |
| 1990 | 0.2598 million SLC per person | +218.6% |
| 1991 | 0.3881 million SLC per person | +49.4% |
| 1992 | 0.4664 million SLC per person | +20.2% |
| 1993 | 0.7297 million SLC per person | +56.4% |
| 1994 | 0.8835 million SLC per person | +21.1% |
| 1995 | 1.17 million SLC per person | +32.1% |
| 1996 | 1.59 million SLC per person | +36.1% |
| 1997 | 2.08 million SLC per person | +30.6% |
| 1998 | 2.59 million SLC per person | +24.8% |
| 1999 | 3.05 million SLC per person | +18.0% |
| 2000 | 3.61 million SLC per person | +18.2% |
| 2001 | 4.03 million SLC per person | +11.6% |
| 2002 | 4.5 million SLC per person | +11.8% |
| 2003 | 4.97 million SLC per person | +10.4% |
| 2004 | 5.49 million SLC per person | +10.4% |
| 2005 | 6.6 million SLC per person | +20.3% |
| 2006 | 6.36 million SLC per person | -3.7% |
| 2007 | 6.81 million SLC per person | +7.2% |
| 2008 | 7.21 million SLC per person | +5.9% |
| 2009 | 7.69 million SLC per person | +6.7% |
| 2010 | 6.79 million SLC per person | -11.8% |
| 2011 | 6.99 million SLC per person | +3.0% |
| 2012 | 7.25 million SLC per person | +3.7% |
| 2013 | 7.32 million SLC per person | +0.9% |
| 2014 | 8.75 million SLC per person | +19.6% |
| 2015 | 10.62 million SLC per person | +21.4% |
| 2016 | 11.81 million SLC per person | +11.2% |
| 2017 | 12.73 million SLC per person | +7.7% |
| 2018 | 12.33 million SLC per person | -3.1% |
| 2019 | 13.07 million SLC per person | +6.0% |
| 2020 | 12.54 million SLC per person | -4.1% |
| 2021 | 13.29 million SLC per person | +6.0% |
| 2022 | 13.87 million SLC per person | +4.4% |
| 2023 | 14.46 million SLC per person | +4.3% |
Biggest year-on-year movements
Years where Gross National Income — Value Standard Local Currency, per capita 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 |
|---|---|---|---|
| 1990 | +218.6% | 0.0815 million SLC per person | 0.2598 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0011 million SLC per person | 0.0006 million SLC per person | 0.0017 million SLC per person | 10 |
| 1980s | 0.02 million SLC per person | 0.0029 million SLC per person | 0.0815 million SLC per person | 10 |
| 1990s | 1.32 million SLC per person | 0.2598 million SLC per person | 3.05 million SLC per person | 10 |
| 2000s | 5.73 million SLC per person | 3.61 million SLC per person | 7.69 million SLC per person | 10 |
| 2010s | 9.77 million SLC per person | 6.79 million SLC per person | 13.07 million SLC per person | 10 |
| 2020s | 13.54 million SLC per person | 12.54 million SLC per person | 14.46 million SLC per person | 4 |
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)
- 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 national income — value standard local currency, per capita in Somalia?
- Gross national income — value standard local currency, per capita in Somalia was 14.46 million SLC per person in 2023, according to Statizoid (derived).
- What is the highest gross national income — value standard local currency, per capita recorded in Somalia?
- The highest recorded value was 14.46 million SLC per person in 2023.
- What is the lowest gross national income — value standard local currency, per capita recorded in Somalia?
- The lowest recorded value was 0.0006 million SLC per person in 1970.
- How does Somalia rank for gross national income — value standard local currency, per capita?
- Somalia ranks 9th out of 194 countries with data for 2023.
- Is gross national income — value standard local currency, per capita rising or falling in Somalia?
- Over the last ten years it is up 97.6%. 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 National Income — Value Standard Local Currency, per capita. 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 National Income — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross National Income — Value Standard Local Currency ÷ Population, total
Computed from
- Gross National Income — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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 National Income — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.