Industry (including construction), value added (current LCU) in Somalia
Somalia: Industry (including construction), value added (current LCU) was 11.47 billion current LCU in 1986. ◆ Volatile
Industry (including construction), value added in Somalia, 1960–1986
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current LCU.
Analysis
Somalia recorded 11.47 billion current LCU for industry (including construction), value added in 1986. That is the highest value across all 27 years on record.
That represents a change of up 79.3% on the previous year and up 1,693.3% over ten years.
Over the whole period, industry (including construction), value added in Somalia peaked at 11.47 billion current LCU in 1986 and was at its lowest, 89.80 million current LCU, in 1960.
Somalia ranks 159th of 209 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added (current LCU) in Somalia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 89.80 million current LCU | — |
| 1961 | 89.80 million current LCU | +0.0% |
| 1962 | 89.80 million current LCU | +0.0% |
| 1963 | 89.80 million current LCU | +0.0% |
| 1964 | 95.40 million current LCU | +6.2% |
| 1965 | 89.80 million current LCU | -5.9% |
| 1966 | 134.30 million current LCU | +49.6% |
| 1967 | 154.80 million current LCU | +15.3% |
| 1968 | 243.90 million current LCU | +57.6% |
| 1969 | 283.00 million current LCU | +16.0% |
| 1970 | 319.10 million current LCU | +12.8% |
| 1971 | 354.90 million current LCU | +11.2% |
| 1972 | 378.10 million current LCU | +6.5% |
| 1973 | 369.60 million current LCU | -2.2% |
| 1974 | 503.60 million current LCU | +36.3% |
| 1975 | 503.60 million current LCU | +0.0% |
| 1976 | 639.60 million current LCU | +27.0% |
| 1977 | 759.00 million current LCU | +18.7% |
| 1978 | 566.00 million current LCU | -25.4% |
| 1979 | 794.00 million current LCU | +40.3% |
| 1980 | 1.30 billion current LCU | +64.4% |
| 1981 | 1.55 billion current LCU | +19.2% |
| 1982 | 2.19 billion current LCU | +41.0% |
| 1983 | 2.39 billion current LCU | +9.0% |
| 1984 | 4.35 billion current LCU | +82.0% |
| 1985 | 6.40 billion current LCU | +47.1% |
| 1986 | 11.47 billion current LCU | +79.3% |
Somalia compared with similar countries
- Somalia's 11.47 billion current LCU is below the median for low income countries, which is 3.11 trillion current LCU, 0% of the median. (24 countries reporting)
- Somalia's 11.47 billion current LCU is below the median for Sub-Saharan Africa, which is 2.10 trillion current LCU, 1% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 136.04 million current LCU | 89.80 million current LCU | 283.00 million current LCU | 10 |
| 1970s | 518.75 million current LCU | 319.10 million current LCU | 794.00 million current LCU | 10 |
| 1980s | 4.24 billion current LCU | 1.30 billion current LCU | 11.47 billion current LCU | 7 |
Countries ranked near Somalia
More economy & growth data for Somalia
- Real gdp growth, annual growth rate -2.75 % change on previous year (2024)
- 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)
Frequently asked questions
- What is industry (including construction), value added in Somalia?
- Industry (including construction), value added in Somalia was 11.47 billion current LCU in 1986, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest industry (including construction), value added recorded in Somalia?
- The highest recorded value was 11.47 billion current LCU in 1986.
- What is the lowest industry (including construction), value added recorded in Somalia?
- The lowest recorded value was 89.80 million current LCU in 1960.
- How does Somalia rank for industry (including construction), value added?
- Somalia ranks 159th out of 209 countries with data for 1986.
- Is industry (including construction), value added rising or falling in Somalia?
- Over the last ten years it is up 1,693.3%. 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 Industry (including construction), value added (current LCU). Statizoid updates them automatically from the source API.
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About this data
Industry (including construction) corresponds to ISIC (Rev.4) divisions 05-43. It is comprised of mining, manufacturing, construction, electricity, water, and gas industries. Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.