Net investment in nonfinancial assets in Somalia
Somalia: Net investment in nonfinancial assets was 0.2% 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 % of GDP.
Analysis
The most recent figure for net investment in nonfinancial assets in Somalia is 0.2%, measured in 2024. That is the highest value across all 8 years on record.
That represents a change of up 81.3% on the previous year and up 186.1% over ten years.
That places Somalia 153rd out of 156 countries with data for 2024, putting it in the bottom quarter.
Net investment in nonfinancial assets in Somalia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2017 | 0.1% | — |
| 2018 | 0.1% | +50.5% |
| 2019 | 0.2% | +36.4% |
| 2020 | 0.2% | +20.0% |
| 2021 | 0.2% | -17.2% |
| 2022 | 0.1% | -42.8% |
| 2023 | 0.1% | +35.3% |
| 2024 | 0.2% | +81.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.1% | 0.1% | 0.2% | 3 |
| 2020s | 0.2% | 0.1% | 0.2% | 5 |
Countries ranked near Somalia
More public sector data for Somalia
- Arms imports 4.00 million SIPRI trend indicator values (2024)
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 4.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 10.62 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0169 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 43.19 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 201.85 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 6.38 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is net investment in nonfinancial assets in Somalia?
- Net investment in nonfinancial assets in Somalia was 0.2% 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 0.2% in 2024.
- What is the lowest net investment in nonfinancial assets recorded in Somalia?
- The lowest recorded value was 0.1% in 2017.
- How does Somalia rank for net investment in nonfinancial assets?
- Somalia ranks 153rd 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 186.1%. 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 (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.