Gross value added at basic prices … current LCU annual growth rate in Somalia
Somalia: Gross value added at basic prices … current LCU annual growth rate was 211.84 % change on previous year in 1990. ◆ Volatile
Gross value added at basic prices (GVA) (current LCU), annual growth in Somalia, 1961–1990
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 … current LCU annual growth rate in Somalia, year by year
| 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% |
Somalia compared with similar countries
- Somalia's 211.84 % change on previous year is above the median for low income countries, which is 14.21 % change on previous year, 14.9× the median. (23 countries reporting)
- Somalia's 211.84 % change on previous year is above the median for Sub-Saharan Africa, which is 9.86 % change on previous year, 21.5× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices … current LCU annual growth rate 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 |
|---|---|---|---|
| 1980 | +1029.8% | 9.61 % change on previous year | 108.6 % change on previous year |
| 1975 | +629.3% | -11.92 % change on previous year | 63.11 % change on previous year |
| 1972 | +611.8% | 3.44 % change on previous year | 24.46 % change on previous year |
| 1984 | +361.7% | 18.67 % change on previous year | 86.19 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | 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
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)
- SDRs holdings, US dollar, annual growth rate 25.66 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0238 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 15.71 units per person (2025)
- SDRs holdings, SDR, annual growth rate 19.66 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0174 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 11.47 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0172 units per US$ of GDP (2025)
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.
Download this data
CSV · JSON — 30 observations, free to reuse under Derived by Statizoid from the sources named on the page.
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
- Gross value added at basic prices (GVA) 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
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.