Somalia - Exports of goods and services

Exports of goods and services (current US$)

The latest value for Exports of goods and services (current US$) in Somalia was $1,178,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $1,178,000,000 in 2020 and $22,945,940 in 1960.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

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

See also:

Year Value
1960 $22,945,940
1961 $30,659,930
1962 $26,039,940
1963 $34,299,920
1964 $36,679,920
1965 $41,803,780
1966 $38,499,780
1967 $37,099,780
1968 $42,699,730
1969 $48,985,720
1970 $37,142,860
1971 $43,907,630
1972 $65,615,120
1973 $70,524,570
1974 $81,652,120
1975 $88,594,090
1976 $81,000,760
1977 $101,014,500
1978 $145,994,500
1979 $143,504,000
1980 $200,271,100
1981 $173,525,700
1982 $201,101,600
1983 $173,400,600
1984 $115,004,200
1985 $55,477,540
1986 $64,782,760
1987 $67,562,030
1988 $50,072,040
1989 $83,929,440
1990 $89,748,800
2013 $943,000,000
2014 $1,051,000,000
2015 $1,038,000,000
2016 $1,067,000,000
2017 $994,000,000
2018 $1,119,000,000
2019 $1,131,000,000
2020 $1,178,000,000

Exports of goods and services (current LCU)

The value for Exports of goods and services (current LCU) in Somalia was 30,346,500,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 30,346,500,000,000 in 2020 and a minimum value of 163,899,700 in 1960.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency.

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

Year Value
1960 163,899,700
1961 218,999,600
1962 185,999,600
1963 244,999,500
1964 261,999,500
1965 298,600,200
1966 275,000,100
1967 265,000,000
1968 304,999,900
1969 342,900,000
1970 260,000,000
1971 312,999,900
1972 458,000,100
1973 443,000,100
1974 514,000,100
1975 557,699,800
1976 509,899,800
1977 1,394,000,000
1978 2,114,000,000
1979 2,187,001,000
1980 5,764,002,000
1981 5,473,001,000
1982 7,558,001,000
1983 8,283,001,000
1984 9,092,002,000
1985 5,530,001,000
1986 8,395,198,000
1987 11,245,700,000
1988 13,691,200,000
1989 42,985,300,000
1990 170,170,000,000
2013 18,184,600,000,000
2014 21,262,700,000,000
2015 23,099,900,000,000
2016 24,606,900,000,000
2017 22,960,100,000,000
2018 26,804,700,000,000
2019 28,347,100,000,000
2020 30,346,500,000,000

Exports of goods and services (constant 2010 US$)

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant 2010 U.S. dollars.

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

See also:

Year Value
2015 1,038,000,000

Exports of goods and services (annual % growth)

The value for Exports of goods and services (annual % growth) in Somalia was 12.14 as of 1989. As the graph below shows, over the past 28 years this indicator reached a maximum value of 88.14 in 1977 and a minimum value of -57.82 in 1985.

Definition: Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

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

See also:

Year Value
1961 21.80
1962 -14.48
1963 27.61
1964 -5.48
1965 0.95
1966 -4.85
1967 8.46
1968 -0.71
1969 5.50
1970 -24.70
1971 19.32
1972 41.55
1973 -23.23
1974 -12.07
1975 -10.35
1976 -16.32
1977 88.14
1978 23.85
1979 5.19
1980 51.98
1981 -26.32
1982 -2.56
1983 2.47
1984 -22.91
1985 -57.82
1986 75.40
1987 -2.87
1988 -26.68
1989 12.14

Exports of goods and services (constant LCU)

The value for Exports of goods and services (constant LCU) in Somalia was 7,746,998,000 as of 1989. As the graph below shows, over the past 29 years this indicator reached a maximum value of 23,115,400,000 in 1980 and a minimum value of 5,530,001,000 in 1985.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in constant local currency.

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

Year Value
1960 7,026,607,000
1961 8,558,704,000
1962 7,319,704,000
1963 9,340,705,000
1964 8,829,203,000
1965 8,913,498,000
1966 8,481,501,000
1967 9,199,100,000
1968 9,134,199,000
1969 9,636,200,000
1970 7,255,601,000
1971 8,657,199,000
1972 12,254,100,000
1973 9,407,197,000
1974 8,271,499,000
1975 7,415,800,000
1976 6,205,399,000
1977 11,675,000,000
1978 14,460,000,000
1979 15,210,000,000
1980 23,115,400,000
1981 17,032,300,000
1982 16,596,500,000
1983 17,006,900,000
1984 13,110,800,000
1985 5,530,001,000
1986 9,699,701,000
1987 9,421,390,000
1988 6,908,199,000
1989 7,746,998,000

Exports of goods and services (% of GDP)

Exports of goods and services (% of GDP) in Somalia was 16.91 as of 2020. Its highest value over the past 60 years was 33.18 in 1980, while its lowest value was 4.82 in 1988.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

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

See also:

Year Value
1960 12.72
1961 16.00
1962 12.79
1963 15.87
1964 15.98
1965 17.15
1966 14.96
1967 13.65
1968 14.89
1969 15.99
1970 11.51
1971 13.26
1972 15.74
1973 13.91
1974 17.46
1975 12.46
1976 10.03
1977 20.26
1978 25.84
1979 24.31
1980 33.18
1981 24.82
1982 25.97
1983 23.63
1984 14.59
1985 6.33
1986 6.96
1987 6.69
1988 4.82
1989 7.68
1990 9.79
2013 20.61
2014 20.93
2015 19.47
2016 19.30
2017 17.72
2018 19.13
2019 17.46
2020 16.91

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts