Gross national savings, including net current transfers in Somalia
Somalia: Gross national savings, including net current transfers was 9.20 billion constant LCU in 1989. ◆ Volatile
Gross national savings, including net current transfers in Somalia, 1967–1989
Source: "World Bank country economists. ". Measured in constant LCU.
Analysis
In 1989, gross national savings, including net current transfers in Somalia stood at 9.20 billion constant LCU.
That represents a change of up 135.9% on the previous year and up 182.0% over ten years.
Over the whole period, gross national savings, including net current transfers in Somalia peaked at 18.66 billion constant LCU in 1985 and was at its lowest, -13.06 billion constant LCU, in 1983.
Somalia ranks 25th of 40 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 national savings, including net current transfers in Somalia, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1967 | 3.11 billion constant LCU | — |
| 1968 | 5.15 billion constant LCU | +65.6% |
| 1969 | 3.09 billion constant LCU | -40.0% |
| 1970 | 4.52 billion constant LCU | +46.4% |
| 1971 | 4.20 billion constant LCU | -7.1% |
| 1972 | 6.12 billion constant LCU | +45.8% |
| 1973 | 4.02 billion constant LCU | -34.3% |
| 1974 | 4.18 billion constant LCU | +4.0% |
| 1975 | 8.98 billion constant LCU | +114.6% |
| 1976 | 4.43 billion constant LCU | -50.7% |
| 1977 | -3.81 billion constant LCU | -186.0% |
| 1978 | 4.60 billion constant LCU | -220.9% |
| 1979 | -11.22 billion constant LCU | -343.6% |
| 1980 | -1.80 billion constant LCU | -83.9% |
| 1981 | -7.06 billion constant LCU | +291.3% |
| 1982 | -6.13 billion constant LCU | -13.1% |
| 1983 | -13.06 billion constant LCU | +112.9% |
| 1984 | -12.59 billion constant LCU | -3.6% |
| 1985 | 18.66 billion constant LCU | -248.2% |
| 1986 | -704.62 million constant LCU | -103.8% |
| 1987 | 6.33 billion constant LCU | -997.7% |
| 1988 | 3.90 billion constant LCU | -38.4% |
| 1989 | 9.20 billion constant LCU | +135.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.79 billion constant LCU | 3.09 billion constant LCU | 5.15 billion constant LCU | 3 |
| 1970s | 2.60 billion constant LCU | -11.22 billion constant LCU | 8.98 billion constant LCU | 10 |
| 1980s | -327.37 million constant LCU | -13.06 billion constant LCU | 18.66 billion constant LCU | 10 |
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 national savings, including net current transfers in Somalia?
- Gross national savings, including net current transfers in Somalia was 9.20 billion constant LCU in 1989, according to "World Bank country economists. ".
- What is the highest gross national savings, including net current transfers recorded in Somalia?
- The highest recorded value was 18.66 billion constant LCU in 1985.
- What is the lowest gross national savings, including net current transfers recorded in Somalia?
- The lowest recorded value was -13.06 billion constant LCU in 1983.
- How does Somalia rank for gross national savings, including net current transfers?
- Somalia ranks 25th out of 40 countries with data for 1989.
- Is gross national savings, including net current transfers rising or falling in Somalia?
- Over the last ten years it is up 182.0%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from "World Bank country economists. ", published as part of Gross national savings, including net current transfers (constant LCU). Statizoid updates them automatically from the source API.
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About this data
Gross national savings, including net current transfers is equal to gross domestic savings plus net income and net current transfers from abroad. Data are in constant local currency.