Somalia - Gross domestic savings
Gross domestic savings (current US$)
The latest value for Gross domestic savings (current US$) in Somalia was ($3,705,000,000) as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $147,442,800 in 1985 and ($3,705,000,000) in 2020.
Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total 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 | $9,450,072 |
| 1961 | $4,886,012 |
| 1962 | ($10,261,940) |
| 1963 | ($1,077,923) |
| 1964 | ($10,275,900) |
| 1965 | $18,773,880 |
| 1966 | $9,869,936 |
| 1967 | $9,295,944 |
| 1968 | $15,903,910 |
| 1969 | $14,371,570 |
| 1970 | $21,000,160 |
| 1971 | $17,534,850 |
| 1972 | $36,532,250 |
| 1973 | $7,004,697 |
| 1974 | $20,333,440 |
| 1975 | $57,633,390 |
| 1976 | $129,801,800 |
| 1977 | ($87,398,470) |
| 1978 | ($8,908,977) |
| 1979 | ($166,732,300) |
| 1980 | ($77,898,580) |
| 1981 | ($111,794,500) |
| 1982 | ($99,140,020) |
| 1983 | ($195,486,300) |
| 1984 | ($175,719,200) |
| 1985 | $147,442,800 |
| 1986 | $25,753,560 |
| 1987 | $88,627,840 |
| 1988 | $67,878,760 |
| 1989 | ($75,526,610) |
| 1990 | ($114,214,700) |
| 2013 | ($2,008,000,000) |
| 2014 | ($2,211,000,000) |
| 2015 | ($2,274,000,000) |
| 2016 | ($2,420,000,000) |
| 2017 | ($2,840,494,000) |
| 2018 | ($3,136,000,000) |
| 2019 | ($3,382,000,000) |
| 2020 | ($3,705,000,000) |
Gross domestic savings (current LCU)
The value for Gross domestic savings (current LCU) in Somalia was -95,444,500,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 18,560,090,000 in 1988 and a minimum value of -95,444,500,000,000 in 2020.
Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
| Year | Value |
|---|---|
| 1960 | 67,500,540 |
| 1961 | 34,900,100 |
| 1962 | -73,299,580 |
| 1963 | -7,699,456 |
| 1964 | -73,399,300 |
| 1965 | 134,100,000 |
| 1966 | 70,499,970 |
| 1967 | 66,400,000 |
| 1968 | 113,600,000 |
| 1969 | 100,601,000 |
| 1970 | 147,001,100 |
| 1971 | 124,998,900 |
| 1972 | 254,998,800 |
| 1973 | 44,000,000 |
| 1974 | 127,999,000 |
| 1975 | 362,802,200 |
| 1976 | 817,102,300 |
| 1977 | -1,206,099,000 |
| 1978 | -129,002,000 |
| 1979 | -2,541,000,000 |
| 1980 | -2,241,999,000 |
| 1981 | -3,525,999,000 |
| 1982 | -3,725,980,000 |
| 1983 | -9,337,991,000 |
| 1984 | -13,892,010,000 |
| 1985 | 14,697,100,000 |
| 1986 | 3,337,404,000 |
| 1987 | 14,752,100,000 |
| 1988 | 18,560,090,000 |
| 1989 | -38,681,710,000 |
| 1990 | -216,559,000,000 |
| 2013 | -38,721,900,000,000 |
| 2014 | -44,730,600,000,000 |
| 2015 | -50,606,200,000,000 |
| 2016 | -55,809,500,000,000 |
| 2017 | -65,611,600,000,000 |
| 2018 | -75,120,300,000,000 |
| 2019 | -84,765,600,000,000 |
| 2020 | -95,444,500,000,000 |
Gross domestic savings (% of GDP)
Gross domestic savings (% of GDP) in Somalia was -53.19 as of 2020. Its highest value over the past 60 years was 16.82 in 1985, while its lowest value was -53.60 in 2018.
Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1960 | 5.24 |
| 1961 | 2.55 |
| 1962 | -5.04 |
| 1963 | -0.50 |
| 1964 | -4.48 |
| 1965 | 7.70 |
| 1966 | 3.83 |
| 1967 | 3.42 |
| 1968 | 5.55 |
| 1969 | 4.69 |
| 1970 | 6.51 |
| 1971 | 5.30 |
| 1972 | 8.76 |
| 1973 | 1.38 |
| 1974 | 4.35 |
| 1975 | 8.11 |
| 1976 | 16.08 |
| 1977 | -17.53 |
| 1978 | -1.58 |
| 1979 | -28.24 |
| 1980 | -12.91 |
| 1981 | -15.99 |
| 1982 | -12.80 |
| 1983 | -26.64 |
| 1984 | -22.29 |
| 1985 | 16.82 |
| 1986 | 2.77 |
| 1987 | 8.78 |
| 1988 | 6.54 |
| 1989 | -6.91 |
| 1990 | -12.45 |
| 2013 | -43.90 |
| 2014 | -44.03 |
| 2015 | -42.65 |
| 2016 | -43.76 |
| 2017 | -50.64 |
| 2018 | -53.60 |
| 2019 | -52.22 |
| 2020 | -53.19 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
