Somalia - Final consumption expenditure

Final consumption expenditure (current US$)

The latest value for Final consumption expenditure (current US$) in Somalia was $10,670,290,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $10,670,290,000 in 2020 and $171,009,900 in 1960.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current U.S. dollars.

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

See also:

Year Value
1960 $171,009,900
1961 $186,773,900
1962 $213,793,900
1963 $217,223,900
1964 $239,805,800
1965 $224,950,700
1966 $247,504,500
1967 $262,484,400
1968 $270,814,400
1969 $291,985,700
1970 $301,599,800
1971 $313,567,900
1972 $380,410,200
1973 $500,023,700
1974 $447,244,000
1975 $653,216,800
1976 $677,474,000
1977 $585,949,400
1978 $573,895,000
1979 $757,152,100
1980 $681,491,200
1981 $810,906,800
1982 $873,559,600
1983 $929,387,700
1984 $964,026,400
1985 $728,961,800
1986 $904,565,100
1987 $921,164,900
1988 $970,412,500
1989 $1,167,920,000
1990 $1,031,259,000
2013 $6,582,496,000
2014 $7,232,956,000
2015 $7,605,762,000
2016 $7,949,874,000
2017 $8,449,495,000
2018 $8,986,677,000
2019 $9,858,675,000
2020 $10,670,290,000

Final consumption expenditure (current LCU)

The value for Final consumption expenditure (current LCU) in Somalia was 274,877,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 274,877,000,000,000 in 2020 and a minimum value of 1,221,500,000 in 1960.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.

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

Year Value
1960 1,221,500,000
1961 1,334,100,000
1962 1,527,100,000
1963 1,551,600,000
1964 1,712,899,000
1965 1,606,800,000
1966 1,767,900,000
1967 1,874,900,000
1968 1,934,400,000
1969 2,043,900,000
1970 2,111,199,000
1971 2,235,300,000
1972 2,655,301,000
1973 3,140,899,000
1974 2,815,401,000
1975 4,112,000,000
1976 4,264,699,000
1977 8,086,101,000
1978 8,310,000,000
1979 11,539,000,000
1980 19,614,000,000
1981 25,576,000,000
1982 32,830,990,000
1983 44,394,990,000
1984 76,214,000,000
1985 72,662,910,000
1986 117,223,000,000
1987 153,328,000,000
1988 265,340,000,000
1989 598,162,000,000
1990 1,955,340,000,000
2013 126,936,000,000,000
2014 146,330,000,000,000
2015 169,261,000,000,000
2016 183,338,000,000,000
2017 195,172,000,000,000
2018 215,269,000,000,000
2019 247,095,000,000,000
2020 274,877,000,000,000

Final consumption expenditure (constant 2010 US$)

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
2015 7,605,762,000

Final consumption expenditure (annual % growth)

The value for Final consumption expenditure (annual % growth) in Somalia was 9.87 as of 1989. As the graph below shows, over the past 28 years this indicator reached a maximum value of 49.66 in 1977 and a minimum value of -17.85 in 1965.

Definition: Average annual growth of final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.

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

See also:

Year Value
1961 -1.52
1962 16.39
1963 -2.40
1964 -2.80
1965 -17.85
1966 13.92
1967 6.30
1968 -0.81
1969 -1.32
1970 4.44
1971 8.12
1972 -6.02
1973 5.84
1974 -17.69
1975 35.55
1976 -4.93
1977 49.66
1978 -6.33
1979 10.66
1980 -16.66
1981 14.62
1982 6.98
1983 -2.27
1984 0.19
1985 0.91
1986 6.52
1987 0.25
1988 -5.48
1989 9.87

Final consumption expenditure (constant LCU)

The value for Final consumption expenditure (constant LCU) in Somalia was 107,988,000,000 as of 1989. As the graph below shows, over the past 29 years this indicator reached a maximum value of 107,988,000,000 in 1989 and a minimum value of 44,013,600,000 in 1965.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). Data are in constant local currency.

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

Year Value
1960 49,271,300,000
1961 48,523,500,000
1962 56,478,200,000
1963 55,121,200,000
1964 53,577,900,000
1965 44,013,600,000
1966 50,141,200,000
1967 53,297,900,000
1968 52,866,800,000
1969 52,171,200,000
1970 54,488,000,000
1971 58,913,300,000
1972 55,368,200,000
1973 58,604,300,000
1974 48,235,500,000
1975 65,381,500,000
1976 62,156,700,000
1977 93,023,020,000
1978 87,137,850,000
1979 96,427,880,000
1980 80,358,490,000
1981 92,109,990,000
1982 98,540,610,000
1983 96,299,840,000
1984 96,484,610,000
1985 97,366,820,000
1986 103,719,000,000
1987 103,978,000,000
1988 98,283,380,000
1989 107,988,000,000

Final consumption expenditure (% of GDP)

Final consumption expenditure (% of GDP) in Somalia was 153.19 as of 2020. Its highest value over the past 60 years was 153.60 in 2018, while its lowest value was 83.18 in 1985.

Definition: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources.

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

See also:

Year Value
1960 94.76
1961 97.45
1962 105.04
1963 100.50
1964 104.48
1965 92.30
1966 96.17
1967 96.58
1968 94.45
1969 95.31
1970 93.49
1971 94.70
1972 91.24
1973 98.62
1974 95.65
1975 91.89
1976 83.92
1977 117.53
1978 101.58
1979 128.24
1980 112.91
1981 115.99
1982 112.80
1983 126.64
1984 122.29
1985 83.18
1986 97.23
1987 91.22
1988 93.46
1989 106.91
1990 112.45
2013 143.90
2014 144.03
2015 142.65
2016 143.76
2017 150.64
2018 153.60
2019 152.22
2020 153.19

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts