Somalia - Gross domestic savings (current LCU)

The value for Gross domestic savings (current LCU) in Somalia was -95,444,500,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 18,560,090,000 in 1988 and a minimum value of -95,444,500,000,000 in 2020.

Definition: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current local currency.

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

Year Value
1960 67,500,540
1961 34,900,100
1962 -73,299,580
1963 -7,699,456
1964 -73,399,300
1965 134,100,000
1966 70,499,970
1967 66,400,000
1968 113,600,000
1969 100,601,000
1970 147,001,100
1971 124,998,900
1972 254,998,800
1973 44,000,000
1974 127,999,000
1975 362,802,200
1976 817,102,300
1977 -1,206,099,000
1978 -129,002,000
1979 -2,541,000,000
1980 -2,241,999,000
1981 -3,525,999,000
1982 -3,725,980,000
1983 -9,337,991,000
1984 -13,892,010,000
1985 14,697,100,000
1986 3,337,404,000
1987 14,752,100,000
1988 18,560,090,000
1989 -38,681,710,000
1990 -216,559,000,000
2013 -38,721,900,000,000
2014 -44,730,600,000,000
2015 -50,606,200,000,000
2016 -55,809,500,000,000
2017 -65,611,600,000,000
2018 -75,120,300,000,000
2019 -84,765,600,000,000
2020 -95,444,500,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts