Households and NPISHs Final consumption expenditure, PPP in Somalia
Somalia: Households and NPISHs Final consumption expenditure, PPP was 28.91 billion current international $ in 2021. ▲ Rising
Households and NPISHs Final consumption expenditure, PPP in Somalia, 2017–2021
Source: International Comparison Program (ICP), World Bank (WB). Measured in current international $.
Analysis
Somalia recorded 28.91 billion current international $ for households and npishs final consumption expenditure, ppp in 2021. That is the highest value across all 5 years on record.
That represents a change of up 7.5% on the previous year and up 16.8% over five years.
That places Somalia 128th out of 181 countries with data for 2021, putting it in the middle of the range.
Households and NPISHs Final consumption expenditure, PPP in Somalia, year by year
| Year | current international $ | Change |
|---|---|---|
| 2017 | 24.75 billion current international $ | — |
| 2018 | 25.67 billion current international $ | +3.7% |
| 2019 | 27.05 billion current international $ | +5.4% |
| 2020 | 26.89 billion current international $ | -0.6% |
| 2021 | 28.91 billion current international $ | +7.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 25.82 billion current international $ | 24.75 billion current international $ | 27.05 billion current international $ | 3 |
| 2020s | 27.90 billion current international $ | 26.89 billion current international $ | 28.91 billion current international $ | 2 |
Countries ranked near Somalia
- 125 Chad 32.00 billion current international $ compare
- 126 North Macedonia 30.60 billion current international $ compare
- 127 Haiti 29.88 billion current international $ compare
- 129 Namibia 28.61 billion current international $ compare
- 130 Lao People's Democratic Republic 26.46 billion current international $
- 131 Macau, China 25.45 billion current international $ compare
More economy & growth data for Somalia
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.52 Percent per annum (2029)
- Taxes less subsidies on products (current US$), per capita 5.36 current US$ per person (1990)
- GDP (constant LCU), annual growth rate 2.99 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per capita 10,157 current LCU per person (1990)
- Taxes less subsidies on products (current LCU), per unit of GDP 69.76 current LCU per US$ of GDP (1990)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0368 current US$ per US$ of GDP (1990)
- Taxes less subsidies on products (current US$), annual growth rate -22.18 % change on previous year (1990)
- Taxes less subsidies on products (current LCU), annual growth rate 188.11 % change on previous year (1990)
- GDP (constant 2015 US$), per capita 465.44 constant 2015 US$ per person (2025)
Frequently asked questions
- What is households and npishs final consumption expenditure, ppp in Somalia?
- Households and npishs final consumption expenditure, ppp in Somalia was 28.91 billion current international $ in 2021, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest households and npishs final consumption expenditure, ppp recorded in Somalia?
- The highest recorded value was 28.91 billion current international $ in 2021.
- What is the lowest households and npishs final consumption expenditure, ppp recorded in Somalia?
- The lowest recorded value was 24.75 billion current international $ in 2017.
- How does Somalia rank for households and npishs final consumption expenditure, ppp?
- Somalia ranks 128th out of 181 countries with data for 2021.
- Where does this Somalia data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of Households and NPISHs Final consumption expenditure, 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 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. 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.