Somalia - Gross value added at factor cost

Gross value added at factor cost (current US$)

The latest value for Gross value added at factor cost (current US$) in Somalia was $879,102,600 as of 1990. Over the past 30 years, the value for this indicator has fluctuated between $1,043,639,000 in 1989 and $163,520,000 in 1960.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current U.S. dollars.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1960 $163,520,000
1961 $173,655,900
1962 $184,421,900
1963 $195,860,000
1964 $208,011,900
1965 $219,210,700
1966 $231,502,600
1967 $244,494,500
1968 $254,672,500
1969 $271,957,300
1970 $286,385,600
1971 $290,884,600
1972 $369,751,200
1973 $446,183,100
1974 $392,136,600
1975 $639,618,600
1976 $731,294,300
1977 $457,101,400
1978 $493,577,300
1979 $514,042,000
1980 $567,805,100
1981 $642,676,000
1982 $719,926,600
1983 $672,165,400
1984 $756,179,000
1985 $835,273,000
1986 $874,758,800
1987 $965,575,200
1988 $999,085,700
1989 $1,043,639,000
1990 $879,102,600

Gross value added at factor cost (current LCU)

The value for Gross value added at factor cost (current LCU) in Somalia was 1,666,840,000,000 as of 1990. As the graph below shows, over the past 30 years this indicator reached a maximum value of 1,666,840,000,000 in 1990 and a minimum value of 1,168,000,000 in 1960.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 1,168,000,000
1961 1,240,400,000
1962 1,317,300,000
1963 1,399,000,000
1964 1,485,800,000
1965 1,565,800,000
1966 1,653,600,000
1967 1,746,400,000
1968 1,819,100,000
1969 1,903,701,000
1970 2,004,699,000
1971 2,073,600,000
1972 2,580,900,000
1973 2,802,699,000
1974 2,468,500,000
1975 4,026,399,000
1976 4,603,498,000
1977 6,308,000,000
1978 7,147,000,000
1979 7,834,001,000
1980 16,342,000,000
1981 20,270,000,000
1982 27,057,000,000
1983 32,108,000,000
1984 59,782,000,000
1985 83,260,010,000
1986 113,360,000,000
1987 160,720,000,000
1988 273,180,000,000
1989 534,510,000,000
1990 1,666,840,000,000

Gross value added at factor cost (constant LCU)

The value for Gross value added at factor cost (constant LCU) in Somalia was 88,963,020,000 as of 1990. As the graph below shows, over the past 30 years this indicator reached a maximum value of 90,804,980,000 in 1988 and a minimum value of 42,363,700,000 in 1974.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1960 45,525,410,000
1961 44,044,700,000
1962 47,143,510,000
1963 48,471,910,000
1964 45,492,200,000
1965 42,477,000,000
1966 46,340,800,000
1967 49,093,700,000
1968 49,449,800,000
1969 48,624,200,000
1970 50,629,400,000
1971 51,247,700,000
1972 55,816,900,000
1973 54,361,400,000
1974 42,363,700,000
1975 58,071,700,000
1976 57,869,000,000
1977 72,220,020,000
1978 70,123,850,000
1979 69,041,850,000
1980 73,129,850,000
1981 75,509,790,000
1982 79,470,850,000
1983 71,440,860,000
1984 77,483,870,000
1985 83,261,980,000
1986 84,899,990,000
1987 90,734,000,000
1988 90,804,980,000
1989 89,996,980,000
1990 88,963,020,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts