Somalia - Gross value added at factor cost (constant LCU)

The value for Gross value added at factor cost (constant LCU) in Somalia was 88,963,020,000 as of 1990. As the graph below shows, over the past 30 years this indicator reached a maximum value of 90,804,980,000 in 1988 and a minimum value of 42,363,700,000 in 1974.

Definition: Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. Data are in constant local currency.

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

Year Value
1960 45,525,410,000
1961 44,044,700,000
1962 47,143,510,000
1963 48,471,910,000
1964 45,492,200,000
1965 42,477,000,000
1966 46,340,800,000
1967 49,093,700,000
1968 49,449,800,000
1969 48,624,200,000
1970 50,629,400,000
1971 51,247,700,000
1972 55,816,900,000
1973 54,361,400,000
1974 42,363,700,000
1975 58,071,700,000
1976 57,869,000,000
1977 72,220,020,000
1978 70,123,850,000
1979 69,041,850,000
1980 73,129,850,000
1981 75,509,790,000
1982 79,470,850,000
1983 71,440,860,000
1984 77,483,870,000
1985 83,261,980,000
1986 84,899,990,000
1987 90,734,000,000
1988 90,804,980,000
1989 89,996,980,000
1990 88,963,020,000

Base Period: varies by country

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts