Personal remittances, received (current US$), per unit of GDP in Somalia
Somalia: Personal remittances, received (current US$), per unit of GDP was 0.0295 current US$ per US$ of GDP in 1983. ◆ Volatile
Personal remittances, received (current US$), per unit of GDP in Somalia, 1979–1983
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 1983, personal remittances, received (current us$), per unit of gdp in Somalia stood at 0.0295 current US$ per US$ of GDP.
Compared with earlier readings it is up 14.9% on the previous year and down 52.5% over five years.
That places Somalia 85th out of 196 countries with data for 1983, putting it in the middle of the range.
Personal remittances, received (current US$), per unit of GDP in Somalia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1979 | 0.0622 current US$ per US$ of GDP | — |
| 1980 | 0.095 current US$ per US$ of GDP | +52.9% |
| 1981 | 0.0102 current US$ per US$ of GDP | -89.2% |
| 1982 | 0.0257 current US$ per US$ of GDP | +151.3% |
| 1983 | 0.0295 current US$ per US$ of GDP | +14.9% |
Somalia compared with similar countries
- Somalia's 0.0295 current US$ per US$ of GDP is below the median for low income countries, which is 0.0336 current US$ per US$ of GDP, 88% of the median. (22 countries reporting)
- Somalia's 0.0295 current US$ per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.0252 current US$ per US$ of GDP, 1.2× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0622 current US$ per US$ of GDP | 0.0622 current US$ per US$ of GDP | 0.0622 current US$ per US$ of GDP | 1 |
| 1980s | 0.0401 current US$ per US$ of GDP | 0.0102 current US$ per US$ of GDP | 0.095 current US$ per US$ of GDP | 4 |
Countries ranked near Somalia
- 82 Guyana 0.0322 current US$ per US$ of GDP
- 83 Paraguay 0.031 current US$ per US$ of GDP compare
- 84 Latvia 0.0297 current US$ per US$ of GDP
- 86 Sudan 0.029 current US$ per US$ of GDP compare
- 87 Colombia 0.0287 current US$ per US$ of GDP compare
- 88 Sint Maarten (Dutch part) 0.0285 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$), annual growth rate 0.6536 % change on previous year (1989)
Frequently asked questions
- What is personal remittances, received (current us$), per unit of gdp in Somalia?
- Personal remittances, received (current us$), per unit of gdp in Somalia was 0.0295 current US$ per US$ of GDP in 1983, according to Statizoid (derived).
- What is the highest personal remittances, received (current us$), per unit of gdp recorded in Somalia?
- The highest recorded value was 0.095 current US$ per US$ of GDP in 1980.
- What is the lowest personal remittances, received (current us$), per unit of gdp recorded in Somalia?
- The lowest recorded value was 0.0102 current US$ per US$ of GDP in 1981.
- How does Somalia rank for personal remittances, received (current us$), per unit of gdp?
- Somalia ranks 85th out of 196 countries with data for 1983.
- Where does this Somalia data come from?
- The figures come from Statizoid (derived), published as part of Personal remittances, received (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Personal remittances, received (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, received (current US$) ÷ GDP (current US$)
Computed from
- Personal remittances, received 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, received (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.