Somalia - Gross fixed capital formation (% of GDP)

Gross fixed capital formation (% of GDP) in Somalia was 13.42 as of 2020. Its highest value over the past 50 years was 43.08 in 1980, while its lowest value was 9.08 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.

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

See also:

Year Value
1970 9.08
1971 9.24
1972 11.17
1973 11.33
1974 23.44
1975 15.29
1976 16.10
1977 16.26
1978 22.54
1979 24.26
1980 43.08
1981 23.13
1982 25.07
1983 26.35
1984 22.76
1985 27.00
1986 24.20
1987 28.50
1988 19.40
1989 29.80
1990 14.90
2013 13.33
2014 12.78
2015 12.66
2016 12.79
2017 14.07
2018 14.84
2019 14.05
2020 13.42

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts