Value Added (Total Manufacturing) — Value Standard Local Currency in Somalia
Somalia: Value Added (Total Manufacturing) — Value Standard Local Currency was 0.0005 million SLC per US$ of GDP in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value Standard Local Currency in Somalia, 1970–2023
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Somalia stood at 0.0005 million SLC per US$ of GDP.
The figure is up 0.1% on the previous year and up 29.6% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Somalia peaked at 0.0007 million SLC per US$ of GDP in 2009 and was at its lowest, 0 million SLC per US$ of GDP, in 1975.
Somalia ranks 11th of 193 countries on this measure, in the top 10%.
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 US$ of GDP | Change |
|---|---|---|
| 1970 | 0 million SLC per US$ of GDP | — |
| 1971 | 0 million SLC per US$ of GDP | +14.0% |
| 1972 | 0 million SLC per US$ of GDP | -22.3% |
| 1973 | 0 million SLC per US$ of GDP | -7.3% |
| 1974 | 0 million SLC per US$ of GDP | -19.5% |
| 1975 | 0 million SLC per US$ of GDP | -16.7% |
| 1976 | 0 million SLC per US$ of GDP | +29.4% |
| 1977 | 0 million SLC per US$ of GDP | +133.5% |
| 1978 | 0 million SLC per US$ of GDP | -17.7% |
| 1979 | 0 million SLC per US$ of GDP | +41.9% |
| 1980 | 0 million SLC per US$ of GDP | +69.6% |
| 1981 | 0 million SLC per US$ of GDP | +3.9% |
| 1982 | 0 million SLC per US$ of GDP | +37.8% |
| 1983 | 0 million SLC per US$ of GDP | +16.4% |
| 1984 | 0 million SLC per US$ of GDP | +66.6% |
| 1985 | 0 million SLC per US$ of GDP | +32.9% |
| 1986 | 0 million SLC per US$ of GDP | +43.8% |
| 1987 | 0 million SLC per US$ of GDP | +19.7% |
| 1988 | 0 million SLC per US$ of GDP | -40.1% |
| 1989 | 0 million SLC per US$ of GDP | +92.7% |
| 1990 | 0 million SLC per US$ of GDP | +282.0% |
| 1991 | 0.0001 million SLC per US$ of GDP | +136.3% |
| 1992 | 0.0001 million SLC per US$ of GDP | +4.9% |
| 1993 | 0.0001 million SLC per US$ of GDP | -8.9% |
| 1994 | 0.0001 million SLC per US$ of GDP | +19.6% |
| 1995 | 0.0001 million SLC per US$ of GDP | +39.4% |
| 1996 | 0.0002 million SLC per US$ of GDP | +20.3% |
| 1997 | 0.0002 million SLC per US$ of GDP | +10.6% |
| 1998 | 0.0002 million SLC per US$ of GDP | -3.8% |
| 1999 | 0.0002 million SLC per US$ of GDP | +16.1% |
| 2000 | 0.0002 million SLC per US$ of GDP | +4.9% |
| 2001 | 0.0004 million SLC per US$ of GDP | +74.5% |
| 2002 | 0.0004 million SLC per US$ of GDP | +17.9% |
| 2003 | 0.0004 million SLC per US$ of GDP | -11.8% |
| 2004 | 0.0003 million SLC per US$ of GDP | -15.1% |
| 2005 | 0.0003 million SLC per US$ of GDP | +1.4% |
| 2006 | 0.0003 million SLC per US$ of GDP | -7.1% |
| 2007 | 0.0003 million SLC per US$ of GDP | +2.4% |
| 2008 | 0.0003 million SLC per US$ of GDP | -0.1% |
| 2009 | 0.0007 million SLC per US$ of GDP | +119.6% |
| 2010 | 0.0007 million SLC per US$ of GDP | -0.8% |
| 2011 | 0.0007 million SLC per US$ of GDP | -4.1% |
| 2012 | 0.0005 million SLC per US$ of GDP | -30.3% |
| 2013 | 0.0004 million SLC per US$ of GDP | -10.3% |
| 2014 | 0.0005 million SLC per US$ of GDP | +10.0% |
| 2015 | 0.0005 million SLC per US$ of GDP | +15.8% |
| 2016 | 0.0006 million SLC per US$ of GDP | +8.4% |
| 2017 | 0.0005 million SLC per US$ of GDP | -3.8% |
| 2018 | 0.0005 million SLC per US$ of GDP | -2.5% |
| 2019 | 0.0005 million SLC per US$ of GDP | +0.0% |
| 2020 | 0.0005 million SLC per US$ of GDP | -0.1% |
| 2021 | 0.0005 million SLC per US$ of GDP | +0.1% |
| 2022 | 0.0005 million SLC per US$ of GDP | -0.0% |
| 2023 | 0.0005 million SLC per US$ of GDP | +0.1% |
Somalia compared with similar countries
- Somalia's 0.0005 million SLC per US$ of GDP is above the median for low income countries, which is 0.0001 million SLC per US$ of GDP, 7.3× the median. (23 countries reporting)
- Somalia's 0.0005 million SLC per US$ of GDP is above the median for Sub-Saharan Africa, which is 0 million SLC per US$ of GDP, 11.3× 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 | +282.0% | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP |
| 1991 | +136.3% | 0 million SLC per US$ of GDP | 0.0001 million SLC per US$ of GDP |
| 1977 | +133.5% | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 1980s | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 10 |
| 1990s | 0.0001 million SLC per US$ of GDP | 0 million SLC per US$ of GDP | 0.0002 million SLC per US$ of GDP | 10 |
| 2000s | 0.0004 million SLC per US$ of GDP | 0.0002 million SLC per US$ of GDP | 0.0007 million SLC per US$ of GDP | 10 |
| 2010s | 0.0005 million SLC per US$ of GDP | 0.0004 million SLC per US$ of GDP | 0.0007 million SLC per US$ of GDP | 10 |
| 2020s | 0.0005 million SLC per US$ of GDP | 0.0005 million SLC per US$ of GDP | 0.0005 million SLC per US$ of GDP | 4 |
Countries ranked near Somalia
- 8 Guinea 0.001 million SLC per US$ of GDP compare
- 9 Uganda 0.0006 million SLC per US$ of GDP compare
- 10 Madagascar 0.0006 million SLC per US$ of GDP compare
- 12 Myanmar 0.0005 million SLC per US$ of GDP compare
- 13 Colombia 0.0005 million SLC per US$ of GDP compare
- 14 Burundi 0.0003 million SLC per US$ of GDP 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)
- 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$), annual growth rate 0.6536 % change on previous year (1989)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Somalia?
- Value added (total manufacturing) — value standard local currency in Somalia was 0.0005 million SLC per US$ of GDP 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 0.0007 million SLC per US$ of GDP in 2009.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Somalia?
- The lowest recorded value was 0 million SLC per US$ of GDP in 1975.
- How does Somalia rank for value added (total manufacturing) — value standard local currency?
- Somalia ranks 11th out of 193 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 29.6%. 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 unit of GDP. 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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Value Added (Total Manufacturing) — Value Standard Local Currency ÷ GDP (current US$)
Computed from
- Value Added (Total Manufacturing) — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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 GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.