Somalia - GNI per capita

GNI per capita, Atlas method (current US$)

The latest value for GNI per capita, Atlas method (current US$) in Somalia was 420.00 as of 2020. Over the past 58 years, the value for this indicator has fluctuated between 420.00 in 2020 and 70.00 in 1962.

Definition: GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. To smooth fluctuations in prices and exchange rates, a special Atlas method of conversion is used by the World Bank. This applies a conversion factor that averages the exchange rate for a given year and the two preceding years, adjusted for differences in rates of inflation between the country, and through 2000, the G-5 countries (France, Germany, Japan, the United Kingdom, and the United States). From 2001, these countries include the Euro area, Japan, the United Kingdom, and the United States.

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

See also:

Year Value
1962 70.00
1963 70.00
1964 70.00
1965 70.00
1966 80.00
1967 90.00
1968 90.00
1969 90.00
1970 100.00
1971 100.00
1972 120.00
1973 140.00
1974 130.00
1975 190.00
1976 180.00
1977 160.00
1978 130.00
1979 110.00
1980 100.00
1981 110.00
1982 110.00
1983 100.00
1984 110.00
1985 120.00
1986 130.00
1987 150.00
1988 150.00
1989 150.00
1990 130.00
2015 400.00
2016 400.00
2017 380.00
2018 400.00
2019 420.00
2020 420.00

GNI per capita (current LCU)

The value for GNI per capita (current LCU) in Somalia was 11,231,490.00 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 11,231,490.00 in 2020 and a minimum value of 466.99 in 1960.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current local currency.

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

Year Value
1960 466.99
1961 485.73
1962 505.32
1963 525.77
1964 545.59
1965 566.90
1966 582.98
1967 600.53
1968 616.50
1969 631.52
1970 656.19
1971 678.90
1972 837.09
1973 909.58
1974 813.79
1975 1,153.70
1976 1,189.42
1977 1,429.78
1978 1,519.25
1979 1,532.56
1980 2,761.76
1981 3,364.71
1982 4,335.02
1983 5,252.78
1984 8,896.08
1985 12,404.94
1986 16,796.38
1987 23,233.14
1988 38,163.08
1989 72,863.85
1990 219,114.30
2013 6,705,337.00
2014 7,522,506.00
2015 8,552,723.00
2016 8,940,701.00
2017 8,828,236.00
2018 9,283,681.00
2019 10,453,680.00
2020 11,231,490.00

GNI per capita (constant 2010 US$)

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. 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 384.32

GNI per capita growth (annual %)

The value for GNI per capita growth (annual %) in Somalia was -2.97 as of 1989. As the graph below shows, over the past 28 years this indicator reached a maximum value of 21.36 in 1975 and a minimum value of -20.90 in 1974.

Definition: Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.

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

See also:

Year Value
1961 -5.26
1962 4.90
1963 0.73
1964 -8.25
1965 -7.96
1966 6.24
1967 3.35
1968 -0.71
1969 -3.83
1970 3.19
1971 1.58
1972 10.10
1973 -2.66
1974 -20.90
1975 21.36
1976 -10.15
1977 9.50
1978 -7.31
1979 -10.80
1980 -10.25
1981 1.44
1982 1.57
1983 -8.21
1984 -1.25
1985 5.87
1986 2.20
1987 4.68
1988 -3.08
1989 -2.97

GNI per capita (constant LCU)

The value for GNI per capita (constant LCU) in Somalia was 12,295 as of 1989. As the graph below shows, over the past 29 years this indicator reached a maximum value of 18,121 in 1972 and a minimum value of 11,543 in 1984.

Definition: GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant local currency.

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

Year Value
1960 17,717
1961 16,785
1962 17,608
1963 17,736
1964 16,272
1965 14,977
1966 15,912
1967 16,444
1968 16,327
1969 15,701
1970 16,202
1971 16,459
1972 18,121
1973 17,638
1974 13,952
1975 16,932
1976 15,214
1977 16,660
1978 15,442
1979 13,773
1980 12,361
1981 12,539
1982 12,736
1983 11,690
1984 11,543
1985 12,221
1986 12,490
1987 13,074
1988 12,671
1989 12,295

GNI per capita, PPP (current international $)

The latest value for GNI per capita, PPP (current international $) in Somalia was 1,240.00 as of 2020. Over the past 7 years, the value for this indicator has fluctuated between 1,240.00 in 2020 and 810.00 in 2013.

Definition: GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in current international dollars based on the 2011 ICP round.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2013 810.00
2014 930.00
2015 1,080.00
2016 1,130.00
2017 1,070.00
2018 1,150.00
2019 1,230.00
2020 1,240.00

GNI per capita, PPP (constant 2011 international $)

Definition: GNI per capita based on purchasing power parity (PPP). PPP GNI is gross national income (GNI) converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GNI as a U.S. dollar has in the United States. GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
2017 1,073

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts