Net investment in nonfinancial assets (current LCU) in Somalia
Somalia: Net investment in nonfinancial assets (current LCU) was 801.90 billion current LCU in 2024. ▲ Rising
Net investment in nonfinancial assets in Somalia, 2017–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Somalia recorded 801.90 billion current LCU for net investment in nonfinancial assets in 2024. That is the highest value across all 8 years on record.
The figure is up 104.6% on the previous year and up 446.9% over ten years.
Somalia ranks 31st of 156 countries on this measure, in the top quarter.
Net investment in nonfinancial assets (current LCU) in Somalia, year by year
| Year | current LCU | Change |
|---|---|---|
| 2017 | 146.64 billion current LCU | — |
| 2018 | 236.43 billion current LCU | +61.2% |
| 2019 | 370.90 billion current LCU | +56.9% |
| 2020 | 455.89 billion current LCU | +22.9% |
| 2021 | 419.21 billion current LCU | -8.0% |
| 2022 | 266.06 billion current LCU | -36.5% |
| 2023 | 391.92 billion current LCU | +47.3% |
| 2024 | 801.90 billion current LCU | +104.6% |
Somalia compared with similar countries
- Somalia's 801.90 billion current LCU is above the median for low income countries, which is 525.57 billion current LCU, 1.5× the median. (16 countries reporting)
- Somalia's 801.90 billion current LCU is above the median for Sub-Saharan Africa, which is 263.21 billion current LCU, 3.0× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 251.32 billion current LCU | 146.64 billion current LCU | 370.90 billion current LCU | 3 |
| 2020s | 467.00 billion current LCU | 266.06 billion current LCU | 801.90 billion current LCU | 5 |
Countries ranked near Somalia
More public sector data for Somalia
- Democracy, annual growth rate -100 % change on previous year (1991)
- Chief executive of the government is elected, annual growth rate -100 % change on previous year (1991)
- Elected parliament, annual growth rate -100 % change on previous year (1991)
- Men's universal right to vote, annual growth rate -100 % change on previous year (2012)
- Universal right to vote, annual growth rate -100 % change on previous year (2012)
- Universal right to vote in practice, annual growth rate -100 % change on previous year (1991)
- Arms imports 2.00 million SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 0.2104 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 0 % change on previous year (2024)
Frequently asked questions
- What is net investment in nonfinancial assets in Somalia?
- Net investment in nonfinancial assets in Somalia was 801.90 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net investment in nonfinancial assets recorded in Somalia?
- The highest recorded value was 801.90 billion current LCU in 2024.
- What is the lowest net investment in nonfinancial assets recorded in Somalia?
- The lowest recorded value was 146.64 billion current LCU in 2017.
- How does Somalia rank for net investment in nonfinancial assets?
- Somalia ranks 31st out of 156 countries with data for 2024.
- Is net investment in nonfinancial assets rising or falling in Somalia?
- Over the last ten years it is up 446.9%. The long-run trend across the full record is rising.
- Where does this Somalia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net investment in nonfinancial assets (current LCU). Statizoid updates them automatically from the source API.
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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.