Value Added Deflator (Manufacturing) — Value Standard Local Currency in Somalia
Somalia: Value Added Deflator (Manufacturing) — Value Standard Local Currency was 124 SLC in 2023. ◆ Volatile
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Somalia, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Somalia recorded 124 SLC for value added deflator (manufacturing) — value standard local currency in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 3.2% on the previous year and up 34.5% over ten years.
Over the whole period, value added deflator (manufacturing) — value standard local currency in Somalia peaked at 124 SLC in 2023 and was at its lowest, 0.0257 SLC, in 1972.
That places Somalia 117th out of 194 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added Deflator (Manufacturing) — Value Standard Local Currency in Somalia, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 0.0267 SLC | — |
| 1971 | 0.0264 SLC | -1.0% |
| 1972 | 0.0257 SLC | -2.7% |
| 1973 | 0.0274 SLC | +6.7% |
| 1974 | 0.0324 SLC | +18.1% |
| 1975 | 0.0387 SLC | +19.3% |
| 1976 | 0.0442 SLC | +14.2% |
| 1977 | 0.0488 SLC | +10.4% |
| 1978 | 0.0538 SLC | +10.3% |
| 1979 | 0.0665 SLC | +23.7% |
| 1980 | 0.1056 SLC | +58.8% |
| 1981 | 0.1531 SLC | +44.9% |
| 1982 | 0.1876 SLC | +22.6% |
| 1983 | 0.2556 SLC | +36.2% |
| 1984 | 0.4922 SLC | +92.6% |
| 1985 | 0.6762 SLC | +37.4% |
| 1986 | 0.9196 SLC | +36.0% |
| 1987 | 1.18 SLC | +28.0% |
| 1988 | 0.7902 SLC | -32.9% |
| 1989 | 2.06 SLC | +160.2% |
| 1990 | 6.57 SLC | +219.4% |
| 1991 | 8.97 SLC | +36.6% |
| 1992 | 11.04 SLC | +23.1% |
| 1993 | 16.78 SLC | +52.0% |
| 1994 | 29.09 SLC | +73.4% |
| 1995 | 38.62 SLC | +32.7% |
| 1996 | 47.82 SLC | +23.8% |
| 1997 | 57.23 SLC | +19.7% |
| 1998 | 65.74 SLC | +14.9% |
| 1999 | 71.33 SLC | +8.5% |
| 2000 | 71.54 SLC | +0.3% |
| 2001 | 87.75 SLC | +22.7% |
| 2002 | 87.19 SLC | -0.6% |
| 2003 | 86.27 SLC | -1.1% |
| 2004 | 91.05 SLC | +5.5% |
| 2005 | 101.37 SLC | +11.3% |
| 2006 | 96.98 SLC | -4.3% |
| 2007 | 99.89 SLC | +3.0% |
| 2008 | 101.32 SLC | +1.4% |
| 2009 | 104.34 SLC | +3.0% |
| 2010 | 88.15 SLC | -15.5% |
| 2011 | 85.57 SLC | -2.9% |
| 2012 | 86.03 SLC | +0.5% |
| 2013 | 92.19 SLC | +7.2% |
| 2014 | 98.52 SLC | +6.9% |
| 2015 | 100 SLC | +1.5% |
| 2016 | 99.05 SLC | -0.9% |
| 2017 | 101.15 SLC | +2.1% |
| 2018 | 98.58 SLC | -2.5% |
| 2019 | 105.39 SLC | +6.9% |
| 2020 | 108.03 SLC | +2.5% |
| 2021 | 114.78 SLC | +6.2% |
| 2022 | 120.2 SLC | +4.7% |
| 2023 | 124 SLC | +3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0391 SLC | 0.0257 SLC | 0.0665 SLC | 10 |
| 1980s | 0.6814 SLC | 0.1056 SLC | 2.06 SLC | 10 |
| 1990s | 35.32 SLC | 6.57 SLC | 71.33 SLC | 10 |
| 2000s | 92.77 SLC | 71.54 SLC | 104.34 SLC | 10 |
| 2010s | 95.46 SLC | 85.57 SLC | 105.39 SLC | 10 |
| 2020s | 116.76 SLC | 108.03 SLC | 124 SLC | 4 |
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)
- GDP (current US$), annual growth rate 8.59 % change on previous year (2025)
- GDP (current US$), per capita 661.17 current US$ per person (2025)
- GDP (current LCU), annual growth rate 16.26 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 30,103 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 19.90 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 2.99 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.704 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 465.44 constant 2015 US$ per person (2025)
Frequently asked questions
- What is value added deflator (manufacturing) — value standard local currency in Somalia?
- Value added deflator (manufacturing) — value standard local currency in Somalia was 124 SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added deflator (manufacturing) — value standard local currency recorded in Somalia?
- The highest recorded value was 124 SLC in 2023.
- What is the lowest value added deflator (manufacturing) — value standard local currency recorded in Somalia?
- The lowest recorded value was 0.0257 SLC in 1972.
- How does Somalia rank for value added deflator (manufacturing) — value standard local currency?
- Somalia ranks 117th out of 194 countries with data for 2023.
- Is value added deflator (manufacturing) — value standard local currency rising or falling in Somalia?
- Over the last ten years it is up 34.5%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added Deflator (Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).