Value Added (Total Manufacturing) — Value US$, annual growth rate in Somalia
Somalia: Value Added (Total Manufacturing) — Value US$, annual growth rate was 7.48 % change on previous year in 2023. ◆ Volatile
Value Added (Total Manufacturing) — Value US$, annual growth rate in Somalia, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Somalia recorded 7.48 % change on previous year for value added (total manufacturing) — value us$, annual growth rate in 2023.
Compared with earlier readings it is down 1.1% on the previous year and down 65.2% over ten years.
Over the whole period, value added (total manufacturing) — value us$, annual growth rate in Somalia peaked at 78.74 % change on previous year in 1993 and was at its lowest, -60.97 % change on previous year, in 1988.
Somalia ranks 85th of 236 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Value Added (Total Manufacturing) — Value US$, annual growth rate in Somalia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 13.87 % change on previous year | — |
| 1972 | 2.45 % change on previous year | -82.4% |
| 1973 | 11.22 % change on previous year | +358.8% |
| 1974 | -4.94 % change on previous year | -144.0% |
| 1975 | 10.14 % change on previous year | -305.4% |
| 1976 | 48.92 % change on previous year | +382.2% |
| 1977 | -45.73 % change on previous year | -193.5% |
| 1978 | -11.19 % change on previous year | -75.5% |
| 1979 | 38.72 % change on previous year | -446.1% |
| 1980 | -0.3298 % change on previous year | -100.9% |
| 1981 | 10.26 % change on previous year | -3212.2% |
| 1982 | 26.22 % change on previous year | +155.5% |
| 1983 | -15.88 % change on previous year | -160.6% |
| 1984 | 7.73 % change on previous year | -148.7% |
| 1985 | 19.08 % change on previous year | +146.9% |
| 1986 | 10.43 % change on previous year | -45.3% |
| 1987 | 5.13 % change on previous year | -50.9% |
| 1988 | -60.97 % change on previous year | -1289.0% |
| 1989 | 10.97 % change on previous year | -118.0% |
| 1990 | 9.54 % change on previous year | -13.1% |
| 1991 | -24.27 % change on previous year | -354.4% |
| 1992 | -10.5 % change on previous year | -56.8% |
| 1993 | 78.74 % change on previous year | -850.3% |
| 1994 | 29.11 % change on previous year | -63.0% |
| 1995 | 9.46 % change on previous year | -67.5% |
| 1996 | 16.84 % change on previous year | +78.0% |
| 1997 | 22.35 % change on previous year | +32.7% |
| 1998 | 35.23 % change on previous year | +57.7% |
| 1999 | 0.003 % change on previous year | -100.0% |
| 2000 | 7.32 % change on previous year | +244125.7% |
| 2001 | -34.42 % change on previous year | -570.3% |
| 2002 | -3.67 % change on previous year | -89.3% |
| 2003 | 29.04 % change on previous year | -891.5% |
| 2004 | 37.46 % change on previous year | +29.0% |
| 2005 | 20.04 % change on previous year | -46.5% |
| 2006 | 7.91 % change on previous year | -60.5% |
| 2007 | 8.24 % change on previous year | +4.2% |
| 2008 | 8.82 % change on previous year | +7.0% |
| 2009 | -50.01 % change on previous year | -666.9% |
| 2010 | -8.75 % change on previous year | -82.5% |
| 2011 | 8.23 % change on previous year | -194.0% |
| 2012 | 39.33 % change on previous year | +377.8% |
| 2013 | 21.48 % change on previous year | -45.4% |
| 2014 | 18.62 % change on previous year | -13.3% |
| 2015 | 13.04 % change on previous year | -30.0% |
| 2016 | 12.42 % change on previous year | -4.8% |
| 2017 | 10.73 % change on previous year | -13.6% |
| 2018 | -4.23 % change on previous year | -139.4% |
| 2019 | 9.96 % change on previous year | -335.5% |
| 2020 | -0.4532 % change on previous year | -104.6% |
| 2021 | 10.02 % change on previous year | -2310.1% |
| 2022 | 7.57 % change on previous year | -24.4% |
| 2023 | 7.48 % change on previous year | -1.1% |
Biggest year-on-year movements
Years where Value Added (Total Manufacturing) — Value US$, annual growth rate 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 |
|---|---|---|---|
| 2000 | +244125.7% | 0.003 % change on previous year | 7.32 % change on previous year |
| 1981 | +3212.2% | -0.3298 % change on previous year | 10.26 % change on previous year |
| 2021 | +2310.1% | -0.4532 % change on previous year | 10.02 % change on previous year |
| 1988 | -1289.0% | 5.13 % change on previous year | -60.97 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.05 % change on previous year | -45.73 % change on previous year | 48.92 % change on previous year | 9 |
| 1980s | 1.27 % change on previous year | -60.97 % change on previous year | 26.22 % change on previous year | 10 |
| 1990s | 16.65 % change on previous year | -24.27 % change on previous year | 78.74 % change on previous year | 10 |
| 2000s | 3.07 % change on previous year | -50.01 % change on previous year | 37.46 % change on previous year | 10 |
| 2010s | 12.08 % change on previous year | -8.75 % change on previous year | 39.33 % change on previous year | 10 |
| 2020s | 6.15 % change on previous year | -0.4532 % change on previous year | 10.02 % change on previous year | 4 |
Countries ranked near Somalia
- 82 Laos 7.6 % change on previous year compare
- 82 Lao People's Democratic Republic 7.6 % change on previous year compare
- 84 Guinea 7.57 % change on previous year compare
- 86 Cayman Islands 7.28 % change on previous year compare
- 87 San Marino 7.23 % change on previous year compare
- 88 Portugal 7.19 % change on previous year 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$), annual growth rate 0.6536 % change on previous year (1989)
Frequently asked questions
- What is value added (total manufacturing) — value us$, annual growth rate in Somalia?
- Value added (total manufacturing) — value us$, annual growth rate in Somalia was 7.48 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest value added (total manufacturing) — value us$, annual growth rate recorded in Somalia?
- The highest recorded value was 78.74 % change on previous year in 1993.
- What is the lowest value added (total manufacturing) — value us$, annual growth rate recorded in Somalia?
- The lowest recorded value was -60.97 % change on previous year in 1988.
- How does Somalia rank for value added (total manufacturing) — value us$, annual growth rate?
- Somalia ranks 85th out of 236 countries with data for 2023.
- Is value added (total manufacturing) — value us$, annual growth rate rising or falling in Somalia?
- Over the last ten years it is down 65.2%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from Statizoid (derived), published as part of Value Added (Total Manufacturing) — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Value Added (Total Manufacturing) — Value US$ Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Value Added (Total Manufacturing) — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.