Argentina vs Somalia: Net investment in nonfinancial assets
Net investment in nonfinancial assets over time
- Argentina
- Somalia
How they compare
Somalia currently reports 801.90 billion current LCU against 762.46 billion current LCU in Argentina, a difference of 39.45 billion current LCU.
That makes Somalia's figure about 1.1 times Argentina's.
The two have swapped places 2 times across 8 shared years of data; in 2017 it was Somalia ahead.
Argentina ranks 32nd and Somalia ranks 31st of 156 countries.
Somalia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Argentina | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 91.29 billion current LCU | 251.32 billion current LCU | 160.03 billion current LCU | Somalia |
| 2020s | 452.91 billion current LCU | 467.00 billion current LCU | 14.08 billion current LCU | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net investment in nonfinancial assets, Argentina or Somalia?
- Somalia, at 801.90 billion current LCU against 762.46 billion current LCU in Argentina as of 2024.
- What is the difference in net investment in nonfinancial assets between Argentina and Somalia?
- 39.45 billion current LCU, with Somalia ahead.
- How many years of comparable data are there for Argentina and Somalia?
- 8 years are reported by both, from 2017 to 2024.
- How do Argentina and Somalia rank globally for net investment in nonfinancial assets?
- Argentina ranks 32nd and Somalia ranks 31st of 156 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net investment in nonfinancial assets (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.