PPP conversion factor, households and NPISHs Final consumption expendi in Somalia
Somalia: PPP conversion factor, households and NPISHs Final consumption expendi was 10,392 LCU per international $ in 2021. ▲ Rising
PPP conversion factor, households and NPISHs Final consumption expendi in Somalia, 2017–2021
Source: International Comparison Program (ICP), World Bank (WB). Measured in LCU per international $.
Analysis
Somalia recorded 10,392 LCU per international $ for ppp conversion factor, households and npishs final consumption expendi in 2021. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 0.2% on the previous year and up 19.4% over five years.
Somalia ranks 3rd of 205 countries on this measure, in the top 10%.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 9,175 LCU per international $ | 8,705 LCU per international $ | 9,784 LCU per international $ | 3 |
| 2020s | 10,383 LCU per international $ | 10,374 LCU per international $ | 10,392 LCU per international $ | 2 |
Countries ranked near Somalia
More economy & growth data for Somalia
- GDP per capita 15.56 million constant LCU (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)
- Changes in inventories 10.43 billion current LCU (1990)
- Gross capital formation 2.81 billion constant 2015 US$ (2025)
- GDP per capita growth -0.4% (2025)
- Gross capital formation 8.7% (2025)
- Gross fixed capital formation 2.81 billion constant 2015 US$ (2025)
Frequently asked questions
- What is ppp conversion factor, households and npishs final consumption expendi in Somalia?
- Ppp conversion factor, households and npishs final consumption expendi in Somalia was 10,392 LCU per international $ in 2021, according to International Comparison Program (ICP), World Bank (WB).
- What is the highest ppp conversion factor, households and npishs final consumption expendi recorded in Somalia?
- The highest recorded value was 10,392 LCU per international $ in 2021.
- What is the lowest ppp conversion factor, households and npishs final consumption expendi recorded in Somalia?
- The lowest recorded value was 8,705 LCU per international $ in 2017.
- How does Somalia rank for ppp conversion factor, households and npishs final consumption expendi?
- Somalia ranks 3rd out of 205 countries with data for 2021.
- Where does this Somalia data come from?
- The figures come from International Comparison Program (ICP), World Bank (WB), published as part of PPP conversion factor, households and NPISHs Final consumption expenditure (LCU per international $). Statizoid updates them automatically from the source API.
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About this data
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. They convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for households and NPISHs Final consumption expenditure and the base currency is the US dollar.