Households and NPISHs Final consumption expenditure per capita, PPP in Somalia
Somalia: Households and NPISHs Final consumption expenditure per capita, PPP was 1,674 current international $ in 2021. ▬ Flat
Households and NPISHs Final consumption expenditure per capita, PPP in Somalia, 2017–2021
Source: International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024. Measured in current international $.
Analysis
The most recent figure for households and npishs final consumption expenditure per capita, ppp in Somalia is 1,674 current international $, measured in 2021.
The figure is up 3.7% on the previous year and up 0.9% over five years.
Somalia ranks 173rd of 182 countries on this measure, in the bottom quarter.
Households and NPISHs Final consumption expenditure per capita, PPP in Somalia, year by year
| Year | current international $ | Change |
|---|---|---|
| 2017 | 1,659 current international $ | — |
| 2018 | 1,661 current international $ | +0.1% |
| 2019 | 1,687 current international $ | +1.6% |
| 2020 | 1,615 current international $ | -4.3% |
| 2021 | 1,674 current international $ | +3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1,669 current international $ | 1,659 current international $ | 1,687 current international $ | 3 |
| 2020s | 1,644 current international $ | 1,615 current international $ | 1,674 current international $ | 2 |
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)
- Final consumption expenditure (constant 2015 US$), per capita 671.07 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 9.67 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.7 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 1,121 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 17.41 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 51,045 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 33.75 million current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 4.43 % change on previous year (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure per capita, ppp in Somalia?
- Households and npishs final consumption expenditure per capita, ppp in Somalia was 1,674 current international $ in 2021, according to International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024.
- What is the highest households and npishs final consumption expenditure per capita, ppp recorded in Somalia?
- The highest recorded value was 1,687 current international $ in 2019.
- What is the lowest households and npishs final consumption expenditure per capita, ppp recorded in Somalia?
- The lowest recorded value was 1,615 current international $ in 2020.
- How does Somalia rank for households and npishs final consumption expenditure per capita, ppp?
- Somalia ranks 173rd out of 182 countries with data for 2021.
- Where does this Somalia data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), note: This information is for PPP conversion factors., publisher: International Comparison Program (ICP), date published: May 30, 2024, published as part of Households and NPISHs Final consumption expenditure per capita, PPP (current international $). Statizoid updates them automatically from the source API.
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About this data
This indicator provides values for final consumption expenditure per person expressed in current international dollars, converted by purchasing power parities (PPPs). PPPs account for the different price levels across countries and thus PPP-based comparisons of economic output are more appropriate for comparing the output of economies and the average material well-being of their inhabitants than exchange-rate based comparisons. Households and NPISHs final consumption expenditure includes expenditure on goods and services by the Household and NPISH sector for the direct satisfaction of human needs or wants, whether individual or collective. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. The core indicator has been divided by the general population to achieve a per capita estimate. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. The PPP conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of GDP and its expenditure components.