Somalia - Imports of goods and services
Imports of goods and services (current US$)
The latest value for Imports of goods and services (current US$) in Somalia was $5,818,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $5,818,000,000 in 2020 and $30,939,960 in 1960.
Definition: Imports of goods and services represent the value of all goods and other market services received from 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 | $30,939,960 |
| 1961 | $44,239,950 |
| 1962 | $55,999,930 |
| 1963 | $56,139,920 |
| 1964 | $69,859,930 |
| 1965 | $50,301,710 |
| 1966 | $58,099,660 |
| 1967 | $60,479,640 |
| 1968 | $61,697,620 |
| 1969 | $72,457,140 |
| 1970 | $54,000,010 |
| 1971 | $65,931,610 |
| 1972 | $85,672,140 |
| 1973 | $136,273,200 |
| 1974 | $186,973,800 |
| 1975 | $191,088,200 |
| 1976 | $192,486,100 |
| 1977 | $295,217,400 |
| 1978 | $316,988,800 |
| 1979 | $445,931,800 |
| 1980 | $534,102,400 |
| 1981 | $477,996,200 |
| 1982 | $526,993,600 |
| 1983 | $533,432,400 |
| 1984 | $481,494,600 |
| 1985 | $169,206,500 |
| 1986 | $273,465,500 |
| 1987 | $315,205,200 |
| 1988 | $230,343,000 |
| 1989 | $490,450,200 |
| 1990 | $346,105,400 |
| 2013 | $3,561,000,000 |
| 2014 | $3,904,000,000 |
| 2015 | $3,987,000,000 |
| 2016 | $4,194,000,000 |
| 2017 | $4,624,000,000 |
| 2018 | $5,123,000,000 |
| 2019 | $5,423,000,000 |
| 2020 | $5,818,000,000 |
Imports of goods and services (current LCU)
The value for Imports of goods and services (current LCU) in Somalia was 149,877,000,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 149,877,000,000,000 in 2020 and a minimum value of 220,999,800 in 1960.
Definition: Imports of goods and services represent the value of all goods and other market services received from 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 | 220,999,800 |
| 1961 | 315,999,700 |
| 1962 | 399,999,700 |
| 1963 | 400,999,600 |
| 1964 | 498,999,700 |
| 1965 | 359,300,100 |
| 1966 | 415,000,100 |
| 1967 | 432,000,000 |
| 1968 | 440,699,900 |
| 1969 | 507,200,000 |
| 1970 | 378,000,100 |
| 1971 | 470,000,100 |
| 1972 | 598,000,100 |
| 1973 | 856,000,000 |
| 1974 | 1,177,000,000 |
| 1975 | 1,202,900,000 |
| 1976 | 1,211,700,000 |
| 1977 | 4,074,000,000 |
| 1978 | 4,589,998,000 |
| 1979 | 6,796,001,000 |
| 1980 | 15,372,000,000 |
| 1981 | 15,076,000,000 |
| 1982 | 19,806,000,000 |
| 1983 | 25,481,000,000 |
| 1984 | 38,066,000,000 |
| 1985 | 16,866,500,000 |
| 1986 | 35,438,390,000 |
| 1987 | 52,465,900,000 |
| 1988 | 62,982,690,000 |
| 1989 | 251,189,000,000 |
| 1990 | 656,240,000,000 |
| 2013 | 68,669,600,000,000 |
| 2014 | 78,981,600,000,000 |
| 2015 | 88,727,700,000,000 |
| 2016 | 96,721,100,000,000 |
| 2017 | 106,808,000,000,000 |
| 2018 | 122,717,000,000,000 |
| 2019 | 135,921,000,000,000 |
| 2020 | 149,877,000,000,000 |
Imports of goods and services (constant 2010 US$)
Definition: Imports of goods and services represent the value of all goods and other market services received from 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 | 3,987,000,000 |
Imports of goods and services (annual % growth)
The value for Imports of goods and services (annual % growth) in Somalia was 45.10 as of 1989. As the graph below shows, over the past 28 years this indicator reached a maximum value of 192.53 in 1977 and a minimum value of -65.16 in 1985.
Definition: Annual growth rate of imports of goods and services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Imports of goods and services represent the value of all goods and other market services received from 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 | 30.37 |
| 1962 | 27.47 |
| 1963 | -2.91 |
| 1964 | 10.03 |
| 1965 | -36.24 |
| 1966 | 19.33 |
| 1967 | 4.43 |
| 1968 | -1.25 |
| 1969 | 8.01 |
| 1970 | -26.00 |
| 1971 | 43.72 |
| 1972 | -3.70 |
| 1973 | 7.92 |
| 1974 | 14.61 |
| 1975 | -2.11 |
| 1976 | 7.34 |
| 1977 | 192.53 |
| 1978 | -6.70 |
| 1979 | 24.22 |
| 1980 | 13.47 |
| 1981 | -10.97 |
| 1982 | 11.79 |
| 1983 | 3.94 |
| 1984 | -8.14 |
| 1985 | -65.16 |
| 1986 | 147.63 |
| 1987 | -7.61 |
| 1988 | -36.02 |
| 1989 | 45.10 |
Imports of goods and services (constant LCU)
The value for Imports of goods and services (constant LCU) in Somalia was 35,823,100,000 as of 1989. As the graph below shows, over the past 29 years this indicator reached a maximum value of 52,705,000,000 in 1983 and a minimum value of 6,612,798,000 in 1960.
Definition: Imports of goods and services represent the value of all goods and other market services received from 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 | 6,612,798,000 |
| 1961 | 8,621,099,000 |
| 1962 | 10,988,900,000 |
| 1963 | 10,669,500,000 |
| 1964 | 11,739,800,000 |
| 1965 | 7,485,301,000 |
| 1966 | 8,932,000,000 |
| 1967 | 9,327,501,000 |
| 1968 | 9,211,199,000 |
| 1969 | 9,949,397,000 |
| 1970 | 7,362,601,000 |
| 1971 | 10,581,800,000 |
| 1972 | 10,190,500,000 |
| 1973 | 10,997,400,000 |
| 1974 | 12,603,800,000 |
| 1975 | 12,338,300,000 |
| 1976 | 13,243,600,000 |
| 1977 | 38,742,000,000 |
| 1978 | 36,148,000,000 |
| 1979 | 44,902,000,000 |
| 1980 | 50,950,100,000 |
| 1981 | 45,359,300,000 |
| 1982 | 50,708,700,000 |
| 1983 | 52,705,000,000 |
| 1984 | 48,414,400,000 |
| 1985 | 16,866,500,000 |
| 1986 | 41,766,900,000 |
| 1987 | 38,589,900,000 |
| 1988 | 24,688,800,000 |
| 1989 | 35,823,100,000 |
Imports of goods and services (% of GDP)
Imports of goods and services (% of GDP) in Somalia was 83.53 as of 2020. Its highest value over the past 60 years was 88.49 in 1980, while its lowest value was 16.74 in 1970.
Definition: Imports of goods and services represent the value of all goods and other market services received from 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 | 17.15 |
| 1961 | 23.08 |
| 1962 | 27.51 |
| 1963 | 25.97 |
| 1964 | 30.44 |
| 1965 | 20.64 |
| 1966 | 22.57 |
| 1967 | 22.25 |
| 1968 | 21.52 |
| 1969 | 23.65 |
| 1970 | 16.74 |
| 1971 | 19.91 |
| 1972 | 20.55 |
| 1973 | 26.88 |
| 1974 | 39.99 |
| 1975 | 26.88 |
| 1976 | 23.84 |
| 1977 | 59.22 |
| 1978 | 56.11 |
| 1979 | 75.53 |
| 1980 | 88.49 |
| 1981 | 68.37 |
| 1982 | 68.05 |
| 1983 | 72.68 |
| 1984 | 61.08 |
| 1985 | 19.31 |
| 1986 | 29.39 |
| 1987 | 31.21 |
| 1988 | 22.18 |
| 1989 | 44.90 |
| 1990 | 37.74 |
| 2013 | 77.84 |
| 2014 | 77.74 |
| 2015 | 74.78 |
| 2016 | 75.84 |
| 2017 | 82.44 |
| 2018 | 87.56 |
| 2019 | 83.73 |
| 2020 | 83.53 |
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts
