Somalia - GNI

GNI, Atlas method (current US$)

The latest value for GNI, Atlas method (current US$) in Somalia was $959,218,700 as of 1990. Over the past 28 years, the value for this indicator has fluctuated between $1,066,838,000 in 1988 and $201,596,400 in 1962.

Definition: 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 U.S. dollars. 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 $201,596,400
1963 $215,559,600
1964 $211,935,600
1965 $219,939,200
1966 $259,386,900
1967 $283,518,800
1968 $292,005,800
1969 $297,988,900
1970 $324,413,100
1971 $343,744,100
1972 $407,784,400
1973 $477,908,100
1974 $479,307,300
1975 $734,816,600
1976 $781,949,300
1977 $760,476,200
1978 $687,345,700
1979 $621,583,700
1980 $655,764,500
1981 $719,867,700
1982 $743,052,900
1983 $685,504,400
1984 $705,036,400
1985 $799,197,100
1986 $884,085,500
1987 $1,020,792,000
1988 $1,066,838,000
1989 $1,054,085,000
1990 $959,218,700

GNI (current US$)

The latest value for GNI (current US$) in Somalia was $834,948,100 as of 1990. Over the past 30 years, the value for this indicator has fluctuated between $1,014,833,000 in 1989 and $180,180,800 in 1960.

Definition: 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 U.S. dollars.

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

See also:

Year Value
1960 $180,180,800
1961 $191,366,800
1962 $203,337,000
1963 $216,147,200
1964 $229,237,000
1965 $243,529,900
1966 $256,577,800
1967 $271,375,700
1968 $285,922,000
1969 $299,431,900
1970 $316,441,900
1971 $330,697,900
1972 $417,313,600
1973 $508,636,300
1974 $469,658,300
1975 $711,151,600
1976 $808,499,000
1977 $497,536,400
1978 $563,950,200
1979 $592,585,300
1980 $602,724,000
1981 $694,610,000
1982 $762,206,600
1983 $727,809,200
1984 $744,327,000
1985 $827,405,800
1986 $873,161,500
1987 $957,837,200
1988 $977,731,100
1989 $1,014,833,000
1990 $834,948,100

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts