Personal remittances, paid (current US$), per unit of GDP in Somalia
Somalia: Personal remittances, paid (current US$), per unit of GDP was 0.0035 current US$ per US$ of GDP in 1983. ◆ Volatile
Personal remittances, paid (current US$), per unit of GDP in Somalia, 1979–1983
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for personal remittances, paid (current us$), per unit of gdp in Somalia is 0.0035 current US$ per US$ of GDP, measured in 1983.
The figure is down 49.6% on the previous year and up 176.1% over five years.
That places Somalia 144th out of 195 countries with data for 1983, putting it in the middle of the range.
Personal remittances, paid (current US$), per unit of GDP in Somalia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1979 | 0.0013 current US$ per US$ of GDP | — |
| 1980 | 0.0028 current US$ per US$ of GDP | +122.8% |
| 1981 | 0.0038 current US$ per US$ of GDP | +34.5% |
| 1982 | 0.0069 current US$ per US$ of GDP | +83.0% |
| 1983 | 0.0035 current US$ per US$ of GDP | -49.6% |
Somalia compared with similar countries
- Somalia's 0.0035 current US$ per US$ of GDP is below the median for low income countries, which is 0.0087 current US$ per US$ of GDP, 40% of the median. (22 countries reporting)
- Somalia's 0.0035 current US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.0064 current US$ per US$ of GDP, 55% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0013 current US$ per US$ of GDP | 0.0013 current US$ per US$ of GDP | 0.0013 current US$ per US$ of GDP | 1 |
| 1980s | 0.0043 current US$ per US$ of GDP | 0.0028 current US$ per US$ of GDP | 0.0069 current US$ per US$ of GDP | 4 |
Countries ranked near Somalia
- 141 Gambia 0.0041 current US$ per US$ of GDP compare
- 142 Comoros 0.004 current US$ per US$ of GDP
- 143 Uganda 0.0039 current US$ per US$ of GDP
- 145 United States of America 0.0035 current US$ per US$ of GDP compare
- 146 Russian Federation 0.0035 current US$ per US$ of GDP
- 147 Angola 0.0034 current US$ per US$ of GDP
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)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 765.00 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 13.08 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0639 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 40.24 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -0.3355 % change on previous year (1989)
- Total reserves (includes gold, current US$), per unit of GDP 0.0196 includes gold, current US$ per US$ of GDP (1989)
- Total reserves (includes gold, current US$), per capita 3.25 includes gold, current US$ per person (1989)
- Total reserves minus gold (current US$), annual growth rate 0.6536 % change on previous year (1989)
Frequently asked questions
- What is personal remittances, paid (current us$), per unit of gdp in Somalia?
- Personal remittances, paid (current us$), per unit of gdp in Somalia was 0.0035 current US$ per US$ of GDP in 1983, according to Statizoid (derived).
- What is the highest personal remittances, paid (current us$), per unit of gdp recorded in Somalia?
- The highest recorded value was 0.0069 current US$ per US$ of GDP in 1982.
- What is the lowest personal remittances, paid (current us$), per unit of gdp recorded in Somalia?
- The lowest recorded value was 0.0013 current US$ per US$ of GDP in 1979.
- How does Somalia rank for personal remittances, paid (current us$), per unit of gdp?
- Somalia ranks 144th out of 195 countries with data for 1983.
- Where does this Somalia data come from?
- The figures come from Statizoid (derived), published as part of Personal remittances, paid (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, paid (current US$) ÷ GDP (current US$)
Computed from
- Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.