Is gross national income — value standard local currency, per unit of gdp rising or falling in Somalia?

Over the last ten years it is up 30.2%. The long-run trend across the full record is volatile.

Gross National Income — Value Standard Local Currency, per unit of GDP in Somalia

Name: Gross National Income — Value Standard Local Currency, per unit of GDP in Somalia
Creator: Statizoid (derived)
License: Derived by Statizoid from the sources named on the page

Somalia: Gross National Income — Value Standard Local Currency, per unit of GDP was 0.0242 million SLC per US$ of GDP in 2023. ◆ Volatile

Latest (2023)

0.0242 million SLC per US$ of GDP

Change on year

up 0.2%

World rank

2nd

of 193 countries

All-time high

0.0312 million SLC per US$ of GDP

in 2009

All-time low

0 million SLC per US$ of GDP

in 1974

Years of data

1970–2023

Gross National Income — Value Standard Local Currency, per unit of GDP in Somalia, 1970–2023

Source: Statizoid (derived). Measured in million SLC per US$ of GDP.

Analysis

Somalia recorded 0.0242 million SLC per US$ of GDP for gross national income — value standard local currency, per unit of gdp in 2023.

Compared with earlier readings it is up 0.2% on the previous year and up 30.2% over ten years.

Over the whole period, gross national income — value standard local currency, per unit of gdp in Somalia peaked at 0.0312 million SLC per US$ of GDP in 2009 and was at its lowest, 0 million SLC per US$ of GDP, in 1974.

Somalia ranks 2nd of 193 countries on this measure, 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 unit of GDP in Somalia, year by year

Annual values for Gross National Income — Value Standard Local Currency, per unit of GDP in Somalia, 1970 to 2023.
Year	million SLC per US$ of GDP	Change
1970	0 million SLC per US$ of GDP	—
1971	0 million SLC per US$ of GDP	+4.6%
1972	0 million SLC per US$ of GDP	-4.3%
1973	0 million SLC per US$ of GDP	+1.6%
1974	0 million SLC per US$ of GDP	-21.8%
1975	0 million SLC per US$ of GDP	+14.5%
1976	0 million SLC per US$ of GDP	-1.2%
1977	0 million SLC per US$ of GDP	+135.8%
1978	0 million SLC per US$ of GDP	+4.9%
1979	0 million SLC per US$ of GDP	+5.5%
1980	0 million SLC per US$ of GDP	+88.5%
1981	0 million SLC per US$ of GDP	+9.5%
1982	0 million SLC per US$ of GDP	+18.8%
1983	0 million SLC per US$ of GDP	+27.4%
1984	0.0001 million SLC per US$ of GDP	+63.5%
1985	0.0001 million SLC per US$ of GDP	+25.1%
1986	0.0001 million SLC per US$ of GDP	+28.0%
1987	0.0002 million SLC per US$ of GDP	+29.0%
1988	0.0003 million SLC per US$ of GDP	+69.2%
1989	0.0005 million SLC per US$ of GDP	+80.2%
1990	0.0018 million SLC per US$ of GDP	+263.3%
1991	0.0037 million SLC per US$ of GDP	+106.4%
1992	0.0043 million SLC per US$ of GDP	+16.0%
1993	0.0039 million SLC per US$ of GDP	-9.4%
1994	0.0042 million SLC per US$ of GDP	+8.3%
1995	0.0055 million SLC per US$ of GDP	+32.2%
1996	0.0067 million SLC per US$ of GDP	+20.9%
1997	0.0074 million SLC per US$ of GDP	+10.6%
1998	0.0071 million SLC per US$ of GDP	-3.8%
1999	0.0085 million SLC per US$ of GDP	+19.5%
2000	0.0093 million SLC per US$ of GDP	+9.8%
2001	0.0164 million SLC per US$ of GDP	+76.0%
2002	0.0196 million SLC per US$ of GDP	+19.3%
2003	0.0174 million SLC per US$ of GDP	-11.5%
2004	0.0146 million SLC per US$ of GDP	-15.8%
2005	0.015 million SLC per US$ of GDP	+2.6%
2006	0.0139 million SLC per US$ of GDP	-7.5%
2007	0.0142 million SLC per US$ of GDP	+2.4%
2008	0.0142 million SLC per US$ of GDP	+0.1%
2009	0.0312 million SLC per US$ of GDP	+119.4%
2010	0.031 million SLC per US$ of GDP	-0.8%
2011	0.0297 million SLC per US$ of GDP	-4.0%
2012	0.0207 million SLC per US$ of GDP	-30.3%
2013	0.0186 million SLC per US$ of GDP	-10.1%
2014	0.0204 million SLC per US$ of GDP	+9.5%
2015	0.0238 million SLC per US$ of GDP	+17.0%
2016	0.0256 million SLC per US$ of GDP	+7.5%
2017	0.0249 million SLC per US$ of GDP	-2.8%
2018	0.0242 million SLC per US$ of GDP	-2.9%
2019	0.0242 million SLC per US$ of GDP	+0.0%
2020	0.0242 million SLC per US$ of GDP	-0.0%
2021	0.0242 million SLC per US$ of GDP	-0.0%
2022	0.0242 million SLC per US$ of GDP	-0.0%
2023	0.0242 million SLC per US$ of GDP	+0.2%

Somalia compared with similar countries

Somalia's 0.0242 million SLC per US$ of GDP is above the median for low income countries, which is 0.0006 million SLC per US$ of GDP, 42.2× the median. (23 countries reporting)
Somalia's 0.0242 million SLC per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.0005 million SLC per US$ of GDP, 50.2× the median. (45 countries reporting)

Biggest year-on-year movements

Years where Gross National Income — Value Standard Local Currency, per unit of GDP 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	+263.3%	0.0005 million SLC per US$ of GDP	0.0018 million SLC per US$ of GDP
1977	+135.8%	0 million SLC per US$ of GDP	0 million SLC per US$ of GDP
2009	+119.4%	0.0142 million SLC per US$ of GDP	0.0312 million SLC per US$ of GDP

Averages by decade

Decade	Average	Lowest	Highest	Years
1970s	0 million SLC per US$ of GDP	0 million SLC per US$ of GDP	0 million SLC per US$ of GDP	10
1980s	0.0001 million SLC per US$ of GDP	0 million SLC per US$ of GDP	0.0005 million SLC per US$ of GDP	10
1990s	0.0053 million SLC per US$ of GDP	0.0018 million SLC per US$ of GDP	0.0085 million SLC per US$ of GDP	10
2000s	0.0166 million SLC per US$ of GDP	0.0093 million SLC per US$ of GDP	0.0312 million SLC per US$ of GDP	10
2010s	0.0243 million SLC per US$ of GDP	0.0186 million SLC per US$ of GDP	0.031 million SLC per US$ of GDP	10
2020s	0.0242 million SLC per US$ of GDP	0.0242 million SLC per US$ of GDP	0.0242 million SLC per US$ of GDP	4

Countries ranked near Somalia

1 Lebanon 0.0987 million SLC per US$ of GDP compare
3 Vietnam 0.0224 million SLC per US$ of GDP compare
4 Laos 0.0159 million SLC per US$ of GDP compare
5 Indonesia 0.0148 million SLC per US$ of GDP compare

See the full ranking of 193 places →

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)

All data for Somalia →

Frequently asked questions

What is gross national income — value standard local currency, per unit of gdp in Somalia?: Gross national income — value standard local currency, per unit of gdp in Somalia was 0.0242 million SLC per US$ of GDP in 2023, according to Statizoid (derived).
What is the highest gross national income — value standard local currency, per unit of gdp recorded in Somalia?: The highest recorded value was 0.0312 million SLC per US$ of GDP in 2009.
What is the lowest gross national income — value standard local currency, per unit of gdp recorded in Somalia?: The lowest recorded value was 0 million SLC per US$ of GDP in 1974.
How does Somalia rank for gross national income — value standard local currency, per unit of gdp?: Somalia ranks 2nd out of 193 countries with data for 2023.
Is gross national income — value standard local currency, per unit of gdp rising or falling in Somalia?: Over the last ten years it is up 30.2%. 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 unit of GDP. Statizoid updates them automatically from the source API.

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Gross National Income — Value Standard Local Currency, per unit of GDP in Somalia. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/gross-national-income-value-standard-local-currency-per-unit-of-gdp/somalia-fed-rep/

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How this figure is calculated

Gross National Income — Value Standard Local Currency divided by GDP (current US$), 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 ÷ GDP (current US$)

Computed from

Gross National Income — Value Standard Local Currency Food and Agriculture Organization of the United Nations
GDP Country official statistics, National Statistical Organizations and/or Central Banks

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

Indicator: Gross National Income — Value Standard Local Currency, per unit of GDP
Unit: million SLC per US$ of GDP
Source: Statizoid (derived)
Licence: Derived by Statizoid from the sources named on the page
Coverage: 193 places, 9,251 data points, 1970–2023
Last refreshed: 22 September 2026

Gross National Income — Value Standard Local Currency divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.