Somalia vs Turkey: Net investment in nonfinancial assets (current LCU)
Net investment in nonfinancial assets (current LCU) over time
- Somalia
- Turkey
How they compare
Turkey currently reports 1.14 trillion current LCU against 801.90 billion current LCU in Somalia, a difference of 337.15 billion current LCU.
That makes Turkey's figure about 1.4 times Somalia's.
The two have swapped places 1 time across 8 shared years of data; in 2017 it was Somalia ahead.
Somalia ranks 31st and Turkey ranks 28th of 156 countries.
Across the 2 decades both report, Somalia averaged higher in 1 and Turkey in 1.
Head to head by decade
| Decade | Somalia | Turkey | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 251.32 billion current LCU | 108.40 billion current LCU | 142.92 billion current LCU | Somalia |
| 2020s | 467.00 billion current LCU | 483.91 billion current LCU | 16.91 billion current LCU | Turkey |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net investment in nonfinancial assets, Somalia or Turkey?
- Turkey, at 1.14 trillion current LCU against 801.90 billion current LCU in Somalia as of 2024.
- What is the difference in net investment in nonfinancial assets between Somalia and Turkey?
- 337.15 billion current LCU, with Turkey ahead.
- How many years of comparable data are there for Somalia and Turkey?
- 8 years are reported by both, from 2017 to 2024.
- How do Somalia and Turkey rank globally for net investment in nonfinancial assets?
- Somalia ranks 31st and Turkey ranks 28th 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.