Somalia, Fed. Rep.'s adjusted savings, consumption of fixed capital (current US$) was US$573.48 million in 2021, the latest year in the World Bank's World Development Indicators. That is up 47.63% from US$388.45 million in 2016 (8.1% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$573.48 million | 2021 |
| Five years earlier | US$388.45 million | 2016 |
| Highest | US$573.48 million | 2021 |
| Lowest | US$15.85 million | 1970 |
| Average since 2013 | US$418.37 million | 2013–2021 |
| First recorded | US$15.85 million | 1970 |
Over five years it is up 47.63% from US$388.45 million in 2016 (8.1% a year on average, compounded). Since 1970 it is up 3,518% from US$15.85 million in 1970 (7.29% a year on average, compounded).
What the numbers say
In 2021, Somalia, Fed. Rep.'s adjusted savings, consumption of fixed capital (current US$) rose 10.9% on 2020 (from US$517.1 million to US$573.48 million).
Across the 27 yearly changes before that (1971 to 2020), the average change was +7.4% and a typical year strayed about 17% from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 56.9% in 1975 and the biggest yearly fall was 40% in 1977. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2013 to 2021 the straight-line trend is upward, about US$29.56 million a year. A straight line explains 93% of the movement over 9 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2021, Somalia, Fed. Rep. had the 152nd highest value of the 194 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Somalia, Fed. Rep. in the 2021 ranking
- Bahamas, The — 149th of 194: US$604.47 million
- Maldives — 150th of 194: US$592.16 million
- Malawi — 151st of 194: US$579.08 million
- Barbados — 153rd of 194: US$568.37 million
- Niger — 154th of 194: US$545.36 million
- Central African Republic — 155th of 194: US$539.26 million
What this measures
Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 30 values
| Year | Adjusted savings, consumption of fixed capital (current US$) |
|---|---|
| 2021 | 573,483,122 |
| 2020 | 517,100,636 |
| 2019 | 457,351,369 |
| 2018 | 411,625,292 |
| 2017 | 393,127,768 |
| 2016 | 388,449,682 |
| 2015 | 372,969,435 |
| 2014 | 341,379,997 |
| 2013 | 309,860,525 |
| 2012 | no data |
Adjusted savings, consumption of fixed capital (current US$) in nearby economies
- Angola — US$5.09 billion (2021)
- Benin — US$1.86 billion (2021)
- Botswana — US$3.41 billion (2021)
- Burkina Faso — US$1.62 billion (2021)
- Burundi — US$443.05 million (2021)
- Cabo Verde — US$224.27 million (2021)
- Cameroon — US$5.04 billion (2021)
- Central African Republic — US$539.26 million (2021)
- Chad
More economic policy & debt data for Somalia, Fed. Rep.
- GDP (current US$) — US$13 billion (2025)
- GDP (current LCU) — 391.2 trillion (2025)
- GDP (constant 2015 US$) — US$9.15 billion (2025)
- GDP (constant LCU) — 305.81 trillion (2025)
- GDP per capita (current US$) — US$661.17 (2025)
- GDP per capita (current LCU) — 19.9 million (2025)
- GDP per capita (constant 2015 US$) — US$465.44 (2025)
- GDP per capita (constant LCU) — 15.56 million (2025)
- GNI (current US$) — US$12.94 billion (2025)
- GNI (current LCU) — 389.67 trillion (2025)
- GNI per capita (current LCU)
Reading data like this
Questions people ask
- What is Somalia, Fed. Rep.'s adjusted savings, consumption of fixed capital (current US$)?
- US$573.48 million in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 3,518% from US$15.85 million in 1970 (7.29% a year on average, compounded). The highest value was US$573.48 million in 2021 and the lowest US$15.85 million in 1970.
- How does Somalia, Fed. Rep. rank?
- 152nd highest of 194 economies with data for 2021.
- Is the latest change in adjusted savings, consumption of fixed capital (current US$) unusual for Somalia, Fed. Rep.?
Source
World Bank, World Development Indicators, indicator NY.ADJ.DKAP.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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