Ppp conversion factor for private consumption in Somalia
Somalia: Ppp conversion factor for private consumption was 10,392 in 2021. ▲ Rising
Latest (2021)
10,392
Change on year
up 0.2%
World rank
3rd
of 204 countries
All-time high
10,392
in 2021
All-time low
8,705
in 2017
Years of data
5
2017–2021
Ppp conversion factor for private consumption in Somalia, 2017–2021
Source: Our World in Data.
Analysis
The most recent figure for ppp conversion factor for private consumption in Somalia is 10,392, 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 | Value | Change |
|---|---|---|
| 2017 | 8,705 | — |
| 2018 | 9,037 | +3.8% |
| 2019 | 9,784 | +8.3% |
| 2020 | 10,374 | +6.0% |
| 2021 | 10,392 | +0.2% |
Somalia compared with similar countries
- Somalia's 10,392 is above the median for low income countries, which is 211.17, 49.2× the median. (24 countries reporting)
- Somalia's 10,392 is above the median for Sub-Saharan Africa, which is 197.88, 52.5× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 9,175 | 8,705 | 9,784 | 3 |
| 2020s | 10,383 | 10,374 | 10,392 | 2 |
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 ppp conversion factor for private consumption in Somalia?
- Ppp conversion factor for private consumption in Somalia was 10,392 in 2021, according to Our World in Data.
- What is the highest ppp conversion factor for private consumption recorded in Somalia?
- The highest recorded value was 10,392 in 2021.
- What is the lowest ppp conversion factor for private consumption recorded in Somalia?
- The lowest recorded value was 8,705 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 Our World in Data, published as part of Ppp conversion factor for private consumption. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 5 observations, free to reuse under CC BY 4.0 (Our World in Data).