Gross value added at basic prices (GVA) in Somalia
Somalia: Gross value added at basic prices (GVA) was 879.10 million current US$ in 1990. ◆ Volatile
Gross value added at basic prices (GVA) in Somalia, 1960–1990
Source: Country official statistics, National Statistical Offices (NSOs). Measured in current US$.
Analysis
The most recent figure for gross value added at basic prices (gva) in Somalia is 879.10 million current US$, measured in 1990.
That represents a change of down 15.8% on the previous year and up 54.8% over ten years.
Over the whole period, gross value added at basic prices (gva) in Somalia peaked at 1.04 billion current US$ in 1989 and was at its lowest, 163.52 million current US$, in 1960.
Somalia ranks 198th of 206 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 214.73 million current US$ | 163.52 million current US$ | 271.96 million current US$ | 10 |
| 1970s | 462.10 million current US$ | 286.39 million current US$ | 731.29 million current US$ | 10 |
| 1980s | 807.71 million current US$ | 567.80 million current US$ | 1.04 billion current US$ | 10 |
| 1990s | 879.10 million current US$ | 879.10 million current US$ | 879.10 million current US$ | 1 |
Countries ranked near Somalia
- 195 Saint Vincent and the Grenadines 1.07 billion current US$ compare
- 196 Saint Kitts and Nevis 1.03 billion current US$ compare
- 197 Sao Tome and Principe 915.64 million current US$ compare
- 199 Dominica 603.96 million current US$ compare
- 200 Tonga 555.38 million current US$ compare
- 201 Micronesia (country) 457.34 million current US$ compare
More economy & growth data for Somalia
- Changes in inventories 10.43 billion current LCU (1990)
- Gross fixed capital formation 2.81 billion constant 2015 US$ (2025)
- Gross fixed capital formation 8.7% (2025)
- Gross domestic savings -5.39 billion current US$ (2025)
- Gross fixed capital formation 28.1% (2025)
- Changes in inventories 5.50 million current US$ (1990)
- Gross capital formation 109.98 trillion current LCU (2025)
- Gross capital formation 8.7% (2025)
- Gross capital formation 2.81 billion constant 2015 US$ (2025)
- Gross fixed capital formation 109.98 trillion current LCU (2025)
Frequently asked questions
- What is gross value added at basic prices (gva) in Somalia?
- Gross value added at basic prices (gva) in Somalia was 879.10 million current US$ in 1990, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest gross value added at basic prices (gva) recorded in Somalia?
- The highest recorded value was 1.04 billion current US$ in 1989.
- What is the lowest gross value added at basic prices (gva) recorded in Somalia?
- The lowest recorded value was 163.52 million current US$ in 1960.
- How does Somalia rank for gross value added at basic prices (gva)?
- Somalia ranks 198th out of 206 countries with data for 1990.
- Is gross value added at basic prices (gva) rising or falling in Somalia?
- Over the last ten years it is up 54.8%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Gross value added at basic prices (GVA) (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 31 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Gross value added at basic prices reflects the price of products receivable by the producer exclusive of taxes payable on products and inclusive of subsidies receivable on products, less intermediate consumption valued at purchasers' prices. 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.