Gross value added at basic prices (GVA) (current LCU), annual growth in Somalia

Somalia: Gross value added at basic prices (GVA) (current LCU), annual growth was 211.84 % change on previous year in 1990. ◆ Volatile

Latest (1990)
211.84 % change on previous year
Change on year
up 121.5%
World rank
1st
of 205 countries
All-time high
211.84 % change on previous year
in 1990
All-time low
-11.92 % change on previous year
in 1974
Years of data
30
1961–1990

Gross value added at basic prices (GVA) (current LCU), annual growth in Somalia, 1961–1990

0501001502001961197519901961: 6.2 % change on previous year1962: 6.2 % change on previous year1963: 6.2 % change on previous year1964: 6.2 % change on previous year1965: 5.4 % change on previous year1966: 5.6 % change on previous year1967: 5.6 % change on previous year1968: 4.2 % change on previous year1969: 4.7 % change on previous year1970: 5.3 % change on previous year1971: 3.4 % change on previous year1972: 24.5 % change on previous year1973: 8.6 % change on previous year1974: -11.9 % change on previous year1975: 63.1 % change on previous year1976: 14.3 % change on previous year1977: 37 % change on previous year1978: 13.3 % change on previous year1979: 9.6 % change on previous year1980: 108.6 % change on previous year1981: 24 % change on previous year1982: 33.5 % change on previous year1983: 18.7 % change on previous year1984: 86.2 % change on previous year1985: 39.3 % change on previous year1986: 36.2 % change on previous year1987: 41.8 % change on previous year1988: 70 % change on previous year1989: 95.7 % change on previous year1990: 211.8 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gross value added at basic prices (gva) (current lcu), annual growth in Somalia is 211.84 % change on previous year, measured in 1990. That is the highest value across all 30 years on record.

The figure is up 121.5% on the previous year and up 95.1% over ten years.

Over the whole period, gross value added at basic prices (gva) (current lcu), annual growth in Somalia peaked at 211.84 % change on previous year in 1990 and was at its lowest, -11.92 % change on previous year, in 1974.

That places Somalia 1st out of 205 countries with data for 1990, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Gross value added at basic prices (GVA) (current LCU), annual growth in Somalia, year by year

Annual values for Gross value added at basic prices (GVA) (current LCU), annual growth rate in Somalia, 1961 to 1990.
Year % change on previous year Change
1961 6.2 % change on previous year
1962 6.2 % change on previous year +0.0%
1963 6.2 % change on previous year +0.0%
1964 6.2 % change on previous year +0.0%
1965 5.38 % change on previous year -13.2%
1966 5.61 % change on previous year +4.1%
1967 5.61 % change on previous year +0.1%
1968 4.16 % change on previous year -25.8%
1969 4.65 % change on previous year +11.7%
1970 5.31 % change on previous year +14.1%
1971 3.44 % change on previous year -35.2%
1972 24.46 % change on previous year +611.8%
1973 8.59 % change on previous year -64.9%
1974 -11.92 % change on previous year -238.8%
1975 63.11 % change on previous year -629.3%
1976 14.33 % change on previous year -77.3%
1977 37.03 % change on previous year +158.3%
1978 13.3 % change on previous year -64.1%
1979 9.61 % change on previous year -27.7%
1980 108.6 % change on previous year +1029.8%
1981 24.04 % change on previous year -77.9%
1982 33.48 % change on previous year +39.3%
1983 18.67 % change on previous year -44.2%
1984 86.19 % change on previous year +361.7%
1985 39.27 % change on previous year -54.4%
1986 36.15 % change on previous year -7.9%
1987 41.78 % change on previous year +15.6%
1988 69.97 % change on previous year +67.5%
1989 95.66 % change on previous year +36.7%
1990 211.84 % change on previous year +121.5%

Averages by decade

DecadeAverage LowestHighest Years
1960s 5.58 % change on previous year 4.16 % change on previous year 6.2 % change on previous year 9
1970s 16.73 % change on previous year -11.92 % change on previous year 63.11 % change on previous year 10
1980s 55.38 % change on previous year 18.67 % change on previous year 108.6 % change on previous year 10
1990s 211.84 % change on previous year 211.84 % change on previous year 211.84 % change on previous year 1

Countries ranked near Somalia

  1. 2 Syria 113.7 % change on previous year compare
  2. 3 Zimbabwe 98.86 % change on previous year compare
  3. 4 Sudan 70.99 % change on previous year compare

See the full ranking of 206 places →

More economy & growth data for Somalia

All data for Somalia →

Frequently asked questions

What is gross value added at basic prices (gva) (current lcu), annual growth in Somalia?
Gross value added at basic prices (gva) (current lcu), annual growth in Somalia was 211.84 % change on previous year in 1990, according to Statizoid (derived).
What is the highest gross value added at basic prices (gva) (current lcu), annual growth recorded in Somalia?
The highest recorded value was 211.84 % change on previous year in 1990.
What is the lowest gross value added at basic prices (gva) (current lcu), annual growth recorded in Somalia?
The lowest recorded value was -11.92 % change on previous year in 1974.
How does Somalia rank for gross value added at basic prices (gva) (current lcu), annual growth?
Somalia ranks 1st out of 205 countries with data for 1990.
Is gross value added at basic prices (gva) (current lcu), annual growth rising or falling in Somalia?
Over the last ten years it is up 95.1%. 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 value added at basic prices (GVA) (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Gross value added at basic prices (GVA) (current LCU), annual growth in Somalia. Statizoid, drawing on Statizoid (derived). Retrieved 28 August 2026, from https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-lcu-annual-growth-rate/somalia-fed-rep/

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<a href="https://economy.statizoid.com/stat/gross-value-added-at-basic-prices-gva-current-lcu-annual-growth-rate/somalia-fed-rep/">Gross value added at basic prices (GVA) (current LCU), annual growth in Somalia</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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 value added at basic prices (GVA) (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
206 places, 8,871 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Gross value added at basic prices (GVA) (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.