Somalia, Fed. Rep.'s adjusted savings, education expenditure (current US$) was US$75.19 million in 2021, the latest year in the World Bank's World Development Indicators. That is up 37.83% from US$54.55 million in 2016 (6.63% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$75.19 million | 2021 |
| Five years earlier | US$54.55 million | 2016 |
| Highest | US$75.19 million | 2021 |
| Lowest | US$3.39 million | 1970 |
| Average since 2013 | US$57.96 million | 2013–2021 |
| First recorded | US$3.39 million | 1970 |
Over five years it is up 37.83% from US$54.55 million in 2016 (6.63% a year on average, compounded). Since 1970 it is up 2,121% from US$3.39 million in 1970 (6.27% a year on average, compounded). The World Bank has no value for 22 of the years in between; the chart leaves those gaps open rather than joining across them.
What the numbers say
In 2021, Somalia, Fed. Rep.'s adjusted savings, education expenditure (current US$) rose 10.8% on 2020 (from US$67.84 million to US$75.19 million).
Across the 27 yearly changes before that (1971 to 2020), the average change was +6% and a typical year strayed about 15% from that (the standard deviation). This year's change was 0.3 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 51.4% in 1975 and the biggest yearly fall was 38.5% 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$3.36 million a year. A straight line explains 94% 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 161st highest value of the 179 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
- Cabo Verde — 158th of 179: US$98.98 million
- Equatorial Guinea — 159th of 179: US$91.48 million
- Suriname — 160th of 179: US$89.28 million
- Seychelles — 162nd of 179: US$63.15 million
- Timor-Leste — 163rd of 179: US$60.19 million
- St. Lucia — 164th of 179: US$53.73 million
What this measures
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 30 values
| Year | Adjusted savings, education expenditure (current US$) |
|---|---|
| 2021 | 75,188,104 |
| 2020 | 67,843,524 |
| 2019 | 63,921,976 |
| 2018 | 57,703,537 |
| 2017 | 55,270,575 |
| 2016 | 54,549,431 |
| 2015 | 52,587,763 |
| 2014 | 49,501,232 |
| 2013 | 45,047,524 |
| 2012 | no data |
Adjusted savings, education expenditure (current US$) in nearby economies
- Angola — US$2.22 billion (2021)
- Benin — US$516.23 million (2021)
- Botswana — US$1.58 billion (2021)
- Burkina Faso — US$806.74 million (2021)
- Burundi — US$144.29 million (2021)
- Cabo Verde — US$98.98 million (2021)
- Cameroon — US$1.19 billion (2021)
- Central African Republic — US$30.91 million (2021)
- Chad — US$200.95 million (2021)
More economic policy & debt data for Somalia, Fed. Rep.
- GDP (current US$) — 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$12.94 billion (2025)
- GNI (current LCU) — 389.67 trillion (2025)
- GNI per capita (current LCU)
Reading data like this
Questions people ask
- What is Somalia, Fed. Rep.'s adjusted savings, education expenditure (current US$)?
- US$75.19 million in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 2,121% from US$3.39 million in 1970 (6.27% a year on average, compounded). The highest value was US$75.19 million in 2021 and the lowest US$3.39 million in 1970.
- How does Somalia, Fed. Rep. rank?
- 161st highest of 179 economies with data for 2021.
- Is the latest change in adjusted savings, education expenditure (current US$) unusual for Somalia, Fed. Rep.?
Source
World Bank, World Development Indicators, indicator NY.ADJ.AEDU.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Statistical Yearbook, United Nations (UN), publisher: UN Statistics Division; Online database, UN Educational, Scientific and Cultural Organization (UNESCO), publisher: UNESCO Institute for Statistics (UIS) 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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