Kenya vs Somalia: Net investment in nonfinancial assets
Net investment in nonfinancial assets over time
- Kenya
- Somalia
How they compare
Kenya currently reports 1.03 trillion current LCU against 801.90 billion current LCU in Somalia, a difference of 230.38 billion current LCU.
That makes Kenya's figure about 1.3 times Somalia's.
The two have swapped places 2 times across 7 shared years of data; in 2017 it was Kenya ahead.
Kenya ranks 30th and Somalia ranks 31st of 156 countries.
Kenya has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Kenya | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 442.57 billion current LCU | 251.32 billion current LCU | 191.25 billion current LCU | Kenya |
| 2020s | 515.83 billion current LCU | 383.27 billion current LCU | 132.56 billion current LCU | Kenya |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net investment in nonfinancial assets, Kenya or Somalia?
- Kenya, at 1.03 trillion current LCU against 801.90 billion current LCU in Somalia as of 2023.
- What is the difference in net investment in nonfinancial assets between Kenya and Somalia?
- 230.38 billion current LCU, with Kenya ahead.
- How many years of comparable data are there for Kenya and Somalia?
- 7 years are reported by both, from 2017 to 2023.
- How do Kenya and Somalia rank globally for net investment in nonfinancial assets?
- Kenya ranks 30th 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.