Africa's Development: National wealth National wealth … forests in Somalia
Somalia: Africa's Development: National wealth National wealth … forests was 17.73 US dollar in 2018. ▬ Flat
Africa's Development Dynamics (AfDD) Table 29 - National wealth in Somalia, 2000–2018
Source: Organisation for Economic Co-operation and Development. Measured in US dollar.
Analysis
In 2018, africa's development dynamics (afdd) table 29 - national wealth in Somalia stood at 17.73 US dollar. That is the lowest value across all 19 years on record.
Compared with earlier readings it is down 0.5% on the previous year and down 1.8% over ten years.
Over the whole period, africa's development dynamics (afdd) table 29 - national wealth in Somalia peaked at 18.27 US dollar in 2000 and was at its lowest, 17.73 US dollar, in 2018.
Somalia ranks 48th of 170 countries on this measure, in the middle of the range.
Africa's Development: National wealth National wealth … forests in Somalia, year by year
| Year | US dollar | Change |
|---|---|---|
| 2000 | 18.27 US dollar | — |
| 2001 | 18.22 US dollar | -0.2% |
| 2002 | 18.22 US dollar | -0.0% |
| 2003 | 18.12 US dollar | -0.5% |
| 2004 | 17.99 US dollar | -0.7% |
| 2005 | 17.98 US dollar | -0.1% |
| 2006 | 18.02 US dollar | +0.3% |
| 2007 | 18.01 US dollar | -0.1% |
| 2008 | 18.06 US dollar | +0.3% |
| 2009 | 18.12 US dollar | +0.3% |
| 2010 | 18.11 US dollar | -0.1% |
| 2011 | 18.16 US dollar | +0.3% |
| 2012 | 18.13 US dollar | -0.1% |
| 2013 | 18.06 US dollar | -0.4% |
| 2014 | 18.03 US dollar | -0.2% |
| 2015 | 17.91 US dollar | -0.7% |
| 2016 | 17.94 US dollar | +0.2% |
| 2017 | 17.81 US dollar | -0.7% |
| 2018 | 17.73 US dollar | -0.5% |
Somalia compared with similar countries
- Somalia's 17.73 US dollar is above the median for low income countries, which is 3.87 US dollar, 4.6× the median. (21 countries reporting)
- Somalia's 17.73 US dollar is above the median for Sub-Saharan Africa, which is 5.38 US dollar, 3.3× the median. (39 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.1 US dollar | 17.98 US dollar | 18.27 US dollar | 10 |
| 2010s | 17.99 US dollar | 17.73 US dollar | 18.16 US dollar | 9 |
Countries ranked near Somalia
- 45 Ukraine 18.66 US dollar compare
- 46 Cameroon 18.43 US dollar compare
- 46 Syrian Arab Republic 2.34 US dollar compare
- 47 Timor-Leste 0.9305 US dollar compare
- 47 Belarus 18.14 US dollar compare
- 48 Micronesia 0.0475 US dollar compare
- 49 South Sudan 16.9 US dollar compare
- 50 Iran 16.32 US dollar compare
- 51 Belgium 15.33 US dollar compare
More environment data for Somalia
- Historical exposure to drought — Land soil moisture anomaly -28.64 Percentage change (2025)
- Historical exposure to drought — Cropland soil moisture anomaly -24.06 Percentage change (2025)
- Standard Deviation, annual growth rate 0 % change on previous year (2025)
- Standard Deviation 0.278 °C (2025)
- Temperature change 1.53 °C (2025)
- Total greenhouse gas emissions excluding LULUCF (Mt CO2e), annual 0.5029 % change on previous year (2024)
- Total greenhouse gas emissions excluding LULUCF (Mt CO2e), per unit 0 Mt CO2e per US$ of GDP (2024)
- Total greenhouse gas emissions excluding LULUCF (Mt CO2e), per capita 0 Mt CO2e per person (2024)
- Methane (CH4) emissions from Agriculture (Mt CO2e), annual growth rate -0.1376 % change on previous year (2024)
- Methane (CH4) emissions from Agriculture (Mt CO2e), per unit of GDP 0 Mt CO2e per US$ of GDP (2024)
Frequently asked questions
- What is africa's development dynamics (afdd) table 29 - national wealth in Somalia?
- Africa's development dynamics (afdd) table 29 - national wealth in Somalia was 17.73 US dollar in 2018, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 29 - national wealth recorded in Somalia?
- The highest recorded value was 18.27 US dollar in 2000.
- What is the lowest africa's development dynamics (afdd) table 29 - national wealth recorded in Somalia?
- The lowest recorded value was 17.73 US dollar in 2018.
- How does Somalia rank for africa's development dynamics (afdd) table 29 - national wealth?
- Somalia ranks 48th out of 170 countries with data for 2018.
- Is africa's development dynamics (afdd) table 29 - national wealth rising or falling in Somalia?
- Over the last ten years it is down 1.8%. The long-run trend across the full record is flat.
- Where does this Somalia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 29 - National wealth — National wealth, forests, ecosystem services. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 29 shows estimates of total national wealth, taking into account produced capital, human capital, and natural resources. These estimates were calculated in the World Bank publication The Changing Wealth of Nations 2021.