PPP conversion factor for private consumption in Somalia
Somalia: PPP conversion factor for private consumption was 10,392 LCU per international $ in 2021. ▲ Rising
Latest (2021)
10,392 LCU per international $
Change on year
up 0.2%
World rank
3rd
of 204 countries
All-time high
10,392 LCU per international $
in 2021
All-time low
8,705 LCU per international $
in 2017
Years of data
5
2017–2021
PPP conversion factor for private consumption in Somalia, 2017–2021
Source: ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data. Measured in LCU per international $.
Analysis
The most recent figure for ppp conversion factor for private consumption in Somalia is 10,392 LCU per international $, measured in 2021. That is the highest value across all 5 years on record.
The figure is up 0.2% on the previous year and up 19.4% over five years.
Somalia ranks 3rd of 204 countries on this measure, in the top 10%.
PPP conversion factor for private consumption in Somalia, year by year
| Year | LCU per international $ | Change |
|---|---|---|
| 2017 | 8,705 LCU per international $ | — |
| 2018 | 9,037 LCU per international $ | +3.8% |
| 2019 | 9,784 LCU per international $ | +8.3% |
| 2020 | 10,374 LCU per international $ | +6.0% |
| 2021 | 10,392 LCU per international $ | +0.2% |
Somalia compared with similar countries
- Somalia's 10,392 LCU per international $ is above the median for low income countries, which is 211.17 LCU per international $, 49.2× the median. (24 countries reporting)
- Somalia's 10,392 LCU per international $ is above the median for Sub-Saharan Africa, which is 197.88 LCU per international $, 52.5× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 9,175 LCU per international $ | 8,705 LCU per international $ | 9,784 LCU per international $ | 3 |
| 2020s | 10,383 LCU per international $ | 10,374 LCU per international $ | 10,392 LCU per international $ | 2 |
Countries ranked near Somalia
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 ppp conversion factor for private consumption in Somalia?
- Ppp conversion factor for private consumption in Somalia was 10,392 LCU per international $ in 2021, according to ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data.
- What is the highest ppp conversion factor for private consumption recorded in Somalia?
- The highest recorded value was 10,392 LCU per international $ in 2021.
- What is the lowest ppp conversion factor for private consumption recorded in Somalia?
- The lowest recorded value was 8,705 LCU per international $ in 2017.
- How does Somalia rank for ppp conversion factor for private consumption?
- Somalia ranks 3rd out of 204 countries with data for 2021.
- Where does this Somalia data come from?
- The figures come from ICP, Eurostat PPP Programme, and OECD PPP Programme, via World Bank (2026) – processed by Our World in Data, published as part of PPP conversion factor for private consumption. Statizoid updates them automatically from the source API.
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