Somalia - Gross fixed capital formation (current US$)

The latest value for Gross fixed capital formation (current US$) in Somalia was $935,000,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $935,000,000 in 2020 and $29,285,710 in 1970.

Definition: Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.

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

See also:

Year Value
1970 $29,285,710
1971 $30,581,040
1972 $46,560,920
1973 $57,470,340
1974 $109,610,800
1975 $108,657,700
1976 $129,944,400
1977 $81,086,960
1978 $127,348,100
1979 $143,241,400
1980 $260,032,600
1981 $161,699,400
1982 $194,183,500
1983 $193,351,200
1984 $179,425,200
1985 $236,632,200
1986 $225,133,000
1987 $287,799,300
1988 $201,427,000
1989 $325,533,000
1990 $136,639,500
2013 $610,000,000
2014 $642,000,000
2015 $675,000,000
2016 $707,000,000
2017 $789,000,000
2018 $868,000,000
2019 $910,000,000
2020 $935,000,000

Aggregation method: Gap-filled total

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts