Gross value added at basic prices (GVA) (current US$) in Somalia
Somalia: Gross value added at basic prices (GVA) (current US$) was 879.10 million current US$ in 1990. ◆ Volatile
Gross value added at basic prices (GVA) in Somalia, 1960–1990
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Somalia is 879.10 million current US$, measured in 1990.
That represents a change of down 15.8% on the previous year and up 54.8% over ten years.
Over the whole period, gross value added at basic prices (gva) in Somalia peaked at 1.04 billion current US$ in 1989 and was at its lowest, 163.52 million current US$, in 1960.
Somalia ranks 199th of 207 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross value added at basic prices (GVA) (current US$) in Somalia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 163.52 million current US$ | — |
| 1961 | 173.66 million current US$ | +6.2% |
| 1962 | 184.42 million current US$ | +6.2% |
| 1963 | 195.86 million current US$ | +6.2% |
| 1964 | 208.01 million current US$ | +6.2% |
| 1965 | 219.21 million current US$ | +5.4% |
| 1966 | 231.50 million current US$ | +5.6% |
| 1967 | 244.50 million current US$ | +5.6% |
| 1968 | 254.67 million current US$ | +4.2% |
| 1969 | 271.96 million current US$ | +6.8% |
| 1970 | 286.39 million current US$ | +5.3% |
| 1971 | 290.89 million current US$ | +1.6% |
| 1972 | 369.75 million current US$ | +27.1% |
| 1973 | 446.18 million current US$ | +20.7% |
| 1974 | 392.14 million current US$ | -12.1% |
| 1975 | 639.62 million current US$ | +63.1% |
| 1976 | 731.29 million current US$ | +14.3% |
| 1977 | 457.10 million current US$ | -37.5% |
| 1978 | 493.58 million current US$ | +8.0% |
| 1979 | 514.04 million current US$ | +4.1% |
| 1980 | 567.80 million current US$ | +10.5% |
| 1981 | 642.68 million current US$ | +13.2% |
| 1982 | 719.93 million current US$ | +12.0% |
| 1983 | 672.16 million current US$ | -6.6% |
| 1984 | 756.18 million current US$ | +12.5% |
| 1985 | 835.27 million current US$ | +10.5% |
| 1986 | 874.76 million current US$ | +4.7% |
| 1987 | 965.58 million current US$ | +10.4% |
| 1988 | 999.09 million current US$ | +3.5% |
| 1989 | 1.04 billion current US$ | +4.5% |
| 1990 | 879.10 million current US$ | -15.8% |
Somalia compared with similar countries
- Somalia's 879.10 million current US$ is below the median for low income countries, which is 18.14 billion current US$, 5% of the median. (23 countries reporting)
- Somalia's 879.10 million current US$ is below the median for Sub-Saharan Africa, which is 18.79 billion current US$, 5% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Gross value added at basic prices (GVA) (current US$) 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 |
|---|---|---|---|
| 1975 | +63.1% | 392.14 million current US$ | 639.62 million current US$ |
| 1977 | -37.5% | 731.29 million current US$ | 457.10 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 214.73 million current US$ | 163.52 million current US$ | 271.96 million current US$ | 10 |
| 1970s | 462.10 million current US$ | 286.39 million current US$ | 731.29 million current US$ | 10 |
| 1980s | 807.71 million current US$ | 567.80 million current US$ | 1.04 billion current US$ | 10 |
| 1990s | 879.10 million current US$ | 879.10 million current US$ | 879.10 million current US$ | 1 |
Countries ranked near Somalia
- 196 Saint Vincent and the Grenadines 1.07 billion current US$ compare
- 197 Saint Kitts and Nevis 1.03 billion current US$ compare
- 198 Sao Tome and Principe 915.64 million current US$
- 200 Dominica 603.96 million current US$ compare
- 201 Tonga 555.38 million current US$ compare
- 202 Micronesia (country) 457.34 million current US$ compare
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) in Somalia?
- Gross value added at basic prices (gva) in Somalia was 879.10 million current US$ in 1990, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Somalia?
- The highest recorded value was 1.04 billion current US$ in 1989.
- What is the lowest gross value added at basic prices (gva) recorded in Somalia?
- The lowest recorded value was 163.52 million current US$ in 1960.
- How does Somalia rank for gross value added at basic prices (gva)?
- Somalia ranks 199th out of 207 countries with data for 1990.
- Is gross value added at basic prices (gva) rising or falling in Somalia?
- Over the last ten years it is up 54.8%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.