Value Added (Total Manufacturing) — Value Standard Local Currency in Somalia
Somalia: Value Added (Total Manufacturing) — Value Standard Local Currency was 4.69 million million SLC in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Somalia, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for value added (total manufacturing) — value standard local currency in Somalia is 4.69 million million SLC, measured in 2023. That is the highest value across all 54 years on record.
Compared with earlier readings it is up 4.2% on the previous year and up 108.5% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Somalia peaked at 4.69 million million SLC in 2023 and was at its lowest, 419,722 million SLC, in 1975.
Somalia ranks 22nd of 194 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value Standard Local Currency in Somalia, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 508,181 million SLC | — |
| 1971 | 583,490 million SLC | +14.8% |
| 1972 | 601,255 million SLC | +3.0% |
| 1973 | 563,739 million SLC | -6.2% |
| 1974 | 454,763 million SLC | -19.3% |
| 1975 | 419,722 million SLC | -7.7% |
| 1976 | 547,425 million SLC | +30.4% |
| 1977 | 662,160 million SLC | +21.0% |
| 1978 | 559,659 million SLC | -15.5% |
| 1979 | 670,360 million SLC | +19.8% |
| 1980 | 731,861 million SLC | +9.2% |
| 1981 | 608,860 million SLC | -16.8% |
| 1982 | 758,484 million SLC | +24.6% |
| 1983 | 615,010 million SLC | -18.9% |
| 1984 | 569,909 million SLC | -7.3% |
| 1985 | 612,967 million SLC | +7.6% |
| 1986 | 678,555 million SLC | +10.7% |
| 1987 | 705,207 million SLC | +3.9% |
| 1988 | 649,286 million SLC | -7.9% |
| 1989 | 540,110 million SLC | -16.8% |
| 1990 | 563,981 million SLC | +4.4% |
| 1991 | 679,413 million SLC | +20.5% |
| 1992 | 571,783 million SLC | -15.8% |
| 1993 | 608,895 million SLC | +6.5% |
| 1994 | 493,805 million SLC | -18.9% |
| 1995 | 537,362 million SLC | +8.8% |
| 1996 | 609,616 million SLC | +13.4% |
| 1997 | 688,883 million SLC | +13.0% |
| 1998 | 780,125 million SLC | +13.2% |
| 1999 | 858,344 million SLC | +10.0% |
| 2000 | 1.01 million million SLC | +17.2% |
| 2001 | 944,957 million SLC | -6.1% |
| 2002 | 1.09 million million SLC | +15.5% |
| 2003 | 1.26 million million SLC | +15.3% |
| 2004 | 1.38 million million SLC | +9.5% |
| 2005 | 1.52 million million SLC | +10.5% |
| 2006 | 1.59 million million SLC | +4.2% |
| 2007 | 1.70 million million SLC | +7.4% |
| 2008 | 1.83 million million SLC | +7.3% |
| 2009 | 1.94 million million SLC | +6.3% |
| 2010 | 2.08 million million SLC | +7.0% |
| 2011 | 2.22 million million SLC | +6.8% |
| 2012 | 2.32 million million SLC | +4.1% |
| 2013 | 2.25 million million SLC | -2.9% |
| 2014 | 2.62 million million SLC | +16.4% |
| 2015 | 3.21 million million SLC | +22.5% |
| 2016 | 3.77 million million SLC | +17.6% |
| 2017 | 4.10 million million SLC | +8.6% |
| 2018 | 4.23 million million SLC | +3.4% |
| 2019 | 4.36 million million SLC | +2.9% |
| 2020 | 4.23 million million SLC | -2.9% |
| 2021 | 4.38 million million SLC | +3.5% |
| 2022 | 4.50 million million SLC | +2.7% |
| 2023 | 4.69 million million SLC | +4.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 557,075 million SLC | 419,722 million SLC | 670,360 million SLC | 10 |
| 1980s | 647,025 million SLC | 540,110 million SLC | 758,484 million SLC | 10 |
| 1990s | 639,221 million SLC | 493,805 million SLC | 858,344 million SLC | 10 |
| 2000s | 1.43 million million SLC | 944,957 million SLC | 1.94 million million SLC | 10 |
| 2010s | 3.11 million million SLC | 2.08 million million SLC | 4.36 million million SLC | 10 |
| 2020s | 4.45 million million SLC | 4.23 million million SLC | 4.69 million million SLC | 4 |
Countries ranked near Somalia
- 19 Kazakhstan 5.91 million million SLC compare
- 20 Costa Rica 5.51 million million SLC compare
- 21 Pakistan 4.89 million million SLC compare
- 23 Mexico 4.30 million million SLC compare
- 24 Thailand 3.92 million million SLC compare
- 25 Madagascar 3.69 million million SLC compare
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)
- Gross domestic savings (current US$), annual growth rate -9.38 % change on previous year (2025)
- Gross domestic savings (current US$), per unit of GDP -0.4145 current US$ per US$ of GDP (2025)
- Gross domestic savings (current US$), per capita -274.07 current US$ per person (2025)
- Gross domestic savings (current LCU), annual growth rate -17.1 % change on previous year (2025)
- Gross domestic savings (current LCU), per unit of GDP -12,478 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), per capita -8.25 million current LCU per person (2025)
- GNI, Atlas method (current US$), annual growth rate 6.99 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 0.964 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Somalia?
- Value added (total manufacturing) — value standard local currency in Somalia was 4.69 million million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Somalia?
- The highest recorded value was 4.69 million million SLC in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Somalia?
- The lowest recorded value was 419,722 million SLC in 1975.
- How does Somalia rank for value added (total manufacturing) — value standard local currency?
- Somalia ranks 22nd out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Somalia?
- Over the last ten years it is up 108.5%. 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 (Total Manufacturing) — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).