Industry (including construction), value added (current US$) in Somalia
Somalia: Industry (including construction), value added (current US$) was 88.51 million current US$ in 1986. ◆ Volatile
Industry (including construction), value added in Somalia, 1960–1986
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
In 1986, industry (including construction), value added in Somalia stood at 88.51 million current US$.
That represents a change of up 37.9% on the previous year and down 12.9% over ten years.
Over the whole period, industry (including construction), value added in Somalia peaked at 101.60 million current US$ in 1976 and was at its lowest, 12.57 million current US$, in 1960.
Somalia ranks 201st of 209 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Industry (including construction), value added (current US$) in Somalia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 12.57 million current US$ | — |
| 1961 | 12.57 million current US$ | +0.0% |
| 1962 | 12.57 million current US$ | +0.0% |
| 1963 | 12.57 million current US$ | +0.0% |
| 1964 | 13.36 million current US$ | +6.2% |
| 1965 | 12.57 million current US$ | -5.9% |
| 1966 | 18.80 million current US$ | +49.6% |
| 1967 | 21.67 million current US$ | +15.3% |
| 1968 | 34.15 million current US$ | +57.6% |
| 1969 | 40.43 million current US$ | +18.4% |
| 1970 | 45.59 million current US$ | +12.8% |
| 1971 | 49.79 million current US$ | +9.2% |
| 1972 | 54.17 million current US$ | +8.8% |
| 1973 | 58.84 million current US$ | +8.6% |
| 1974 | 80.00 million current US$ | +36.0% |
| 1975 | 80.00 million current US$ | +0.0% |
| 1976 | 101.60 million current US$ | +27.0% |
| 1977 | 55.00 million current US$ | -45.9% |
| 1978 | 39.09 million current US$ | -28.9% |
| 1979 | 52.10 million current US$ | +33.3% |
| 1980 | 45.34 million current US$ | -13.0% |
| 1981 | 49.30 million current US$ | +8.7% |
| 1982 | 58.32 million current US$ | +18.3% |
| 1983 | 50.01 million current US$ | -14.3% |
| 1984 | 54.98 million current US$ | +9.9% |
| 1985 | 64.17 million current US$ | +16.7% |
| 1986 | 88.51 million current US$ | +37.9% |
Somalia compared with similar countries
- Somalia's 88.51 million current US$ is below the median for low income countries, which is 3.79 billion current US$, 2% of the median. (24 countries reporting)
- Somalia's 88.51 million current US$ is below the median for Sub-Saharan Africa, which is 4.81 billion current US$, 2% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 19.13 million current US$ | 12.57 million current US$ | 40.43 million current US$ | 10 |
| 1970s | 61.62 million current US$ | 39.09 million current US$ | 101.60 million current US$ | 10 |
| 1980s | 58.66 million current US$ | 45.34 million current US$ | 88.51 million current US$ | 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 88.51 million current US$ 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 101.60 million current US$ in 1976.
- What is the lowest industry (including construction), value added recorded in Somalia?
- The lowest recorded value was 12.57 million current US$ in 1960.
- How does Somalia rank for industry (including construction), value added?
- Somalia ranks 201st 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 down 12.9%. 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 US$). 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 indicator is expressed in United States dollars.