Somalia - GNI (current US$)

The latest value for GNI (current US$) in Somalia was $6,929,252,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $6,929,252,000 in 2020 and $180,179,800 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 $180,179,800
1961 $191,365,800
1962 $203,335,800
1963 $216,145,900
1964 $229,235,700
1965 $243,528,500
1966 $256,576,300
1967 $271,374,200
1968 $285,920,400
1969 $305,542,800
1970 $322,900,000
1971 $330,696,100
1972 $417,315,100
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
2013 $4,542,496,000
2014 $4,991,306,000
2015 $5,302,522,000
2016 $5,499,554,000
2017 $5,575,933,000
2018 $5,816,586,000
2019 $6,440,983,000
2020 $6,929,252,000

Development Relevance: Because development encompasses many factors - economic, environmental, cultural, educational, and institutional - no single measure gives a complete picture. However, the total earnings of the residents of an economy, measured by its gross national income (GNI), is a good measure of its capacity to provide for the well-being of its people.

Aggregation method: Gap-filled total

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts