Somalia - Net income from abroad

Net income from abroad (current US$)

The latest value for Net income from abroad (current US$) in Somalia was ($36,032,900) as of 2020. Over the past 60 years, the value for this indicator has fluctuated between $2,165,451 in 1979 and ($82,096,160) in 1990.

Definition: Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current U.S. dollars.

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

See also:

Year Value
1960 ($280,129)
1961 ($294,150)
1962 ($196,109)
1963 $8
1964 ($294,184)
1965 ($195,990)
1966 ($798,134)
1967 ($406,136)
1968 ($797,847)
1969 ($814,427)
1970 $299,995
1971 ($406,664)
1972 $372,662
1973 $1,607,891
1974 $2,080,859
1975 $301,344
1976 $1,223,188
1977 ($1,014,502)
1978 ($1,035,845)
1979 $2,165,451
1980 ($868,626)
1981 ($4,502,224)
1982 ($12,212,960)
1983 ($6,092,123)
1984 ($43,980,270)
1985 ($48,998,810)
1986 ($57,157,200)
1987 ($51,955,540)
1988 ($60,560,220)
1989 ($77,559,700)
1990 ($82,096,160)
2013 ($32,000,000)
2014 ($30,650,000)
2015 ($29,239,250)
2016 ($30,319,780)
2017 ($33,066,740)
2018 ($34,091,200)
2019 ($35,691,450)
2020 ($36,032,900)

Net income from abroad (current LCU)

The value for Net income from abroad (current LCU) in Somalia was -928,244,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 33,001,470 in 1979 and a minimum value of -928,244,000,000 in 2020.

Definition: Net income includes the net labor income and net property and entrepreneurial income components of the SNA. Labor income covers compensation of employees paid to nonresident workers. Property and entrepreneurial income covers investment income from the ownership of foreign financial claims (interest, dividends, rent, etc.) and nonfinancial property income (patents, copyrights, etc.). Data are in current local currency.

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

Year Value
1960 -2,000,922
1961 -2,101,070
1962 -1,400,779
1963 57
1964 -2,101,316
1965 -1,399,936
1966 -5,700,992
1967 -2,900,992
1968 -5,698,944
1969 -5,700,992
1970 2,099,968
1971 -2,898,944
1972 2,601,216
1973 10,099,970
1974 13,099,010
1975 1,896,960
1976 7,699,968
1977 -14,000,130
1978 -14,999,040
1979 33,001,470
1980 -24,999,940
1981 -142,000,100
1982 -458,999,800
1983 -291,008,500
1984 -3,476,992,000
1985 -4,884,201,000
1986 -7,407,002,000
1987 -8,647,999,000
1988 -16,558,980,000
1989 -39,722,980,000
1990 -155,660,000,000
2013 -617,082,000,000
2014 -620,079,000,000
2015 -650,698,000,000
2016 -699,228,000,000
2017 -763,797,000,000
2018 -816,627,000,000
2019 -894,561,000,000
2020 -928,244,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts