Value Added (Total Manufacturing) — Value Standard Local Currency in Somalia
Somalia: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.3166 million SLC per person in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Somalia, 1970–2023
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Somalia stood at 0.3166 million SLC per person. That is the highest value across all 54 years on record.
The figure is up 4.2% on the previous year and up 96.6% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Somalia peaked at 0.3166 million SLC per person in 2023 and was at its lowest, 0 million SLC per person, in 1974.
Somalia ranks 24th 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 per person | Change |
|---|---|---|
| 1970 | 0 million SLC per person | — |
| 1971 | 0 million SLC per person | +10.7% |
| 1972 | 0 million SLC per person | -2.3% |
| 1973 | 0 million SLC per person | -2.5% |
| 1974 | 0 million SLC per person | -7.2% |
| 1975 | 0 million SLC per person | +7.4% |
| 1976 | 0.0001 million SLC per person | +45.2% |
| 1977 | 0.0001 million SLC per person | +30.1% |
| 1978 | 0.0001 million SLC per person | -13.2% |
| 1979 | 0.0001 million SLC per person | +30.9% |
| 1980 | 0.0001 million SLC per person | +59.1% |
| 1981 | 0.0002 million SLC per person | +19.6% |
| 1982 | 0.0002 million SLC per person | +52.1% |
| 1983 | 0.0003 million SLC per person | +7.0% |
| 1984 | 0.0004 million SLC per person | +72.1% |
| 1985 | 0.0006 million SLC per person | +41.9% |
| 1986 | 0.0009 million SLC per person | +44.5% |
| 1987 | 0.0011 million SLC per person | +28.4% |
| 1988 | 0.0007 million SLC per person | -38.3% |
| 1989 | 0.0016 million SLC per person | +120.1% |
| 1990 | 0.0052 million SLC per person | +235.0% |
| 1991 | 0.0089 million SLC per person | +71.0% |
| 1992 | 0.0097 million SLC per person | +8.7% |
| 1993 | 0.0153 million SLC per person | +57.3% |
| 1994 | 0.0204 million SLC per person | +33.7% |
| 1995 | 0.0285 million SLC per person | +39.3% |
| 1996 | 0.0386 million SLC per person | +35.5% |
| 1997 | 0.0504 million SLC per person | +30.6% |
| 1998 | 0.0629 million SLC per person | +24.8% |
| 1999 | 0.0721 million SLC per person | +14.7% |
| 2000 | 0.0814 million SLC per person | +13.0% |
| 2001 | 0.0901 million SLC per person | +10.7% |
| 2002 | 0.0996 million SLC per person | +10.5% |
| 2003 | 0.1096 million SLC per person | +10.0% |
| 2004 | 0.122 million SLC per person | +11.4% |
| 2005 | 0.1449 million SLC per person | +18.8% |
| 2006 | 0.1402 million SLC per person | -3.3% |
| 2007 | 0.1503 million SLC per person | +7.3% |
| 2008 | 0.1588 million SLC per person | +5.6% |
| 2009 | 0.1696 million SLC per person | +6.8% |
| 2010 | 0.1496 million SLC per person | -11.8% |
| 2011 | 0.154 million SLC per person | +3.0% |
| 2012 | 0.1598 million SLC per person | +3.7% |
| 2013 | 0.161 million SLC per person | +0.7% |
| 2014 | 0.1933 million SLC per person | +20.1% |
| 2015 | 0.2322 million SLC per person | +20.1% |
| 2016 | 0.2603 million SLC per person | +12.1% |
| 2017 | 0.2777 million SLC per person | +6.7% |
| 2018 | 0.2701 million SLC per person | -2.7% |
| 2019 | 0.2863 million SLC per person | +6.0% |
| 2020 | 0.2744 million SLC per person | -4.2% |
| 2021 | 0.291 million SLC per person | +6.1% |
| 2022 | 0.3037 million SLC per person | +4.4% |
| 2023 | 0.3166 million SLC per person | +4.2% |
Somalia compared with similar countries
- Somalia's 0.3166 million SLC per person is above the median for low income countries, which is 0.0572 million SLC per person, 5.5× the median. (23 countries reporting)
- Somalia's 0.3166 million SLC per person is above the median for Sub-Saharan Africa, which is 0.0572 million SLC per person, 5.5× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value Standard Local Currency in Somalia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1990 | +235.0% | 0.0016 million SLC per person | 0.0052 million SLC per person |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 million SLC per person | 0 million SLC per person | 0.0001 million SLC per person | 10 |
| 1980s | 0.0006 million SLC per person | 0.0001 million SLC per person | 0.0016 million SLC per person | 10 |
| 1990s | 0.0312 million SLC per person | 0.0052 million SLC per person | 0.0721 million SLC per person | 10 |
| 2000s | 0.1267 million SLC per person | 0.0814 million SLC per person | 0.1696 million SLC per person | 10 |
| 2010s | 0.2144 million SLC per person | 0.1496 million SLC per person | 0.2863 million SLC per person | 10 |
| 2020s | 0.2964 million SLC per person | 0.2744 million SLC per person | 0.3166 million SLC per person | 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)
- 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 value added (total manufacturing) — value standard local currency in Somalia?
- Value added (total manufacturing) — value standard local currency in Somalia was 0.3166 million SLC per person in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value standard local currency recorded in Somalia?
- The highest recorded value was 0.3166 million SLC per person in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Somalia?
- The lowest recorded value was 0 million SLC per person in 1974.
- How does Somalia rank for value added (total manufacturing) — value standard local currency?
- Somalia ranks 24th 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 96.6%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value Standard Local Currency, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Value Added (Total Manufacturing) — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value Added (Total Manufacturing) — Value Standard Local Currency ÷ Population, total
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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
Value Added (Total Manufacturing) — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.