Somalia - Gross capital formation
Gross capital formation (current US$)
The latest value for Gross capital formation (current US$) in Somalia was $142,141,900 as of 1990. Over the past 30 years, the value for this indicator has fluctuated between $336,271,000 in 1987 and $17,443,970 in 1960.
Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | $17,443,970 |
| 1961 | $18,465,970 |
| 1962 | $19,697,980 |
| 1963 | $20,761,970 |
| 1964 | $22,903,970 |
| 1965 | $27,271,840 |
| 1966 | $29,469,820 |
| 1967 | $32,675,800 |
| 1968 | $34,901,790 |
| 1969 | $37,842,840 |
| 1970 | $37,857,140 |
| 1971 | $39,558,970 |
| 1972 | $56,589,460 |
| 1973 | $72,753,300 |
| 1974 | $125,655,300 |
| 1975 | $160,127,100 |
| 1976 | $241,302,600 |
| 1977 | $106,811,600 |
| 1978 | $162,085,600 |
| 1979 | $135,695,500 |
| 1980 | $255,898,000 |
| 1981 | $192,707,700 |
| 1982 | $226,751,400 |
| 1983 | $164,545,300 |
| 1984 | $190,771,300 |
| 1985 | $261,171,800 |
| 1986 | $234,436,400 |
| 1987 | $336,271,000 |
| 1988 | $248,149,900 |
| 1989 | $330,994,200 |
| 1990 | $142,141,900 |
Gross capital formation (current LCU)
The value for Gross capital formation (current LCU) in Somalia was 269,511,000,000 as of 1990. As the graph below shows, over the past 30 years this indicator reached a maximum value of 269,511,000,000 in 1990 and a minimum value of 124,599,900 in 1960.
Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1960 | 124,599,900 |
| 1961 | 131,899,800 |
| 1962 | 140,699,900 |
| 1963 | 148,299,900 |
| 1964 | 163,599,800 |
| 1965 | 194,800,000 |
| 1966 | 210,500,000 |
| 1967 | 233,400,000 |
| 1968 | 249,300,000 |
| 1969 | 264,899,900 |
| 1970 | 265,000,000 |
| 1971 | 282,000,100 |
| 1972 | 395,000,100 |
| 1973 | 456,999,900 |
| 1974 | 791,000,100 |
| 1975 | 1,008,000,000 |
| 1976 | 1,519,000,000 |
| 1977 | 1,474,000,000 |
| 1978 | 2,347,000,000 |
| 1979 | 2,068,000,000 |
| 1980 | 7,365,001,000 |
| 1981 | 6,078,001,000 |
| 1982 | 8,521,998,000 |
| 1983 | 7,859,999,000 |
| 1984 | 15,082,000,000 |
| 1985 | 26,033,600,000 |
| 1986 | 30,380,610,000 |
| 1987 | 55,972,310,000 |
| 1988 | 67,851,620,000 |
| 1989 | 169,522,000,000 |
| 1990 | 269,511,000,000 |
Gross capital formation (annual % growth)
The value for Gross capital formation (annual % growth) in Somalia was 21.65 as of 1989. As the graph below shows, over the past 28 years this indicator reached a maximum value of 78.10 in 1980 and a minimum value of -31.90 in 1988.
Definition: Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1961 | -3.50 |
| 1962 | 7.43 |
| 1963 | 2.11 |
| 1964 | -2.47 |
| 1965 | 5.42 |
| 1966 | 11.67 |
| 1967 | 11.26 |
| 1968 | 3.37 |
| 1969 | -0.26 |
| 1970 | -0.67 |
| 1971 | -0.61 |
| 1972 | 32.80 |
| 1973 | -1.57 |
| 1974 | 2.50 |
| 1975 | 9.15 |
| 1976 | 31.36 |
| 1977 | 61.47 |
| 1978 | 24.58 |
| 1979 | -19.99 |
| 1980 | 78.10 |
| 1981 | -27.20 |
| 1982 | 14.71 |
| 1983 | -17.37 |
| 1984 | 12.61 |
| 1985 | 32.86 |
| 1986 | -27.82 |
| 1987 | 12.74 |
| 1988 | -31.90 |
| 1989 | 21.65 |
Gross capital formation (constant LCU)
The value for Gross capital formation (constant LCU) in Somalia was 17,552,200,000 as of 1989. As the graph below shows, over the past 29 years this indicator reached a maximum value of 26,033,600,000 in 1985 and a minimum value of 3,211,001,000 in 1961.
Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1960 | 3,327,601,000 |
| 1961 | 3,211,001,000 |
| 1962 | 3,449,501,000 |
| 1963 | 3,522,301,000 |
| 1964 | 3,435,201,000 |
| 1965 | 3,621,400,000 |
| 1966 | 4,044,000,000 |
| 1967 | 4,499,198,000 |
| 1968 | 4,650,602,000 |
| 1969 | 4,638,499,000 |
| 1970 | 4,607,398,000 |
| 1971 | 4,579,389,000 |
| 1972 | 6,081,200,000 |
| 1973 | 5,985,800,000 |
| 1974 | 6,135,603,000 |
| 1975 | 6,696,899,000 |
| 1976 | 8,796,889,000 |
| 1977 | 14,204,000,000 |
| 1978 | 17,696,000,000 |
| 1979 | 14,158,000,000 |
| 1980 | 25,215,400,000 |
| 1981 | 18,357,800,000 |
| 1982 | 21,058,000,000 |
| 1983 | 17,401,000,000 |
| 1984 | 19,594,800,000 |
| 1985 | 26,033,600,000 |
| 1986 | 18,792,200,000 |
| 1987 | 21,187,200,000 |
| 1988 | 14,428,200,000 |
| 1989 | 17,552,200,000 |
Gross capital formation (% of GDP)
Gross capital formation (% of GDP) in Somalia was 15.50 as of 1990. Its highest value over the past 30 years was 42.40 in 1980, while its lowest value was 9.61 in 1963.
Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | 9.67 |
| 1961 | 9.63 |
| 1962 | 9.68 |
| 1963 | 9.61 |
| 1964 | 9.98 |
| 1965 | 11.19 |
| 1966 | 11.45 |
| 1967 | 12.02 |
| 1968 | 12.17 |
| 1969 | 12.35 |
| 1970 | 11.74 |
| 1971 | 11.95 |
| 1972 | 13.57 |
| 1973 | 14.35 |
| 1974 | 26.87 |
| 1975 | 22.53 |
| 1976 | 29.89 |
| 1977 | 21.42 |
| 1978 | 28.69 |
| 1979 | 22.98 |
| 1980 | 42.40 |
| 1981 | 27.56 |
| 1982 | 29.28 |
| 1983 | 22.42 |
| 1984 | 24.20 |
| 1985 | 29.80 |
| 1986 | 25.20 |
| 1987 | 33.30 |
| 1988 | 23.90 |
| 1989 | 30.30 |
| 1990 | 15.50 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
