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Somalia

Somalia National accounts Stats

Definitions

  • Local currency at constant prices > Aggregate indicators > GDP > Constant LCU: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Local currency at constant prices > Aggregate indicators > GDP per capita > Constant LCU: GDP per capita is gross domestic product divided by midyear population. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.
  • Local currency at constant prices > Value added > Agriculture > Value added > Constant LCU: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency."
  • Local currency at constant prices > Value added > Industry > Value added > Constant LCU: Industry corresponds to ISIC divisions 10-45 and includes manufacturing (ISIC divisions 15-37). It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in constant local currency."
  • Local currency at current prices > Aggregate indicators > GDP > Current LCU: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.
  • Local currency at current prices > Aggregate indicators > Gross domestic savings > Current: Gross domestic savings are calculated as GDP less final consumption expenditure (total consumption). Data are in current local currency.
  • Local currency at current prices > Aggregate indicators > Net taxes on products > Current : Net taxes on products (net indirect taxes) are the sum of product taxes less subsidies. Product taxes are those taxes payable by producers that relate to the production, sale, purchase or use of the goods and services. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. The grants may take the form of payments to ensure a guaranteed price or to enable maintenance of prices of goods and services below costs of production, and other forms of assistance to producers. Data are in current local currency."
  • Local currency at current prices > Expenditure on GDP > Changes in inventories > Current L: Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and ""work in progress."" Data are in current local currency."
  • Local currency at current prices > Expenditure on GDP > Discrepancy in expenditure estimat: Discrepancy in expenditure estimate of GDP is the discrepancy included in final consumption expenditure, etc. (total consumption, etc.). This discrepancy is included to ensure that GDP from the expenditure side equals GDP measured by the income or output approach. Data are in current local currency."
  • Local currency at current prices > Expenditure on GDP > Exports > Goods and services > Cu: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current local currency."
  • Local currency at current prices > Expenditure on GDP > External balance on goods and serv: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current local currency.
  • Local currency at current prices > Expenditure on GDP > Final > Consumption expenditure > Cu: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (private consumption) and general government final consumption expenditure (general government consumption). Data are in current local currency.
  • Local currency at current prices > Expenditure on GDP > Final > Consumption expenditure > Etc: Final consumption expenditure (formerly total consumption) is the sum of household final consumption expenditure (formerly private consumption) and general government final consumption expenditure (formerly general government consumption). This estimate includes any statistical discrepancy in the use of resources relative to the supply of resources. Data are in current local currency.
  • US$ at current prices > Expenditure on GDP > Imports > Goods and services > Current US$: Imports of goods and services represent the value of all goods and other market services received from the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars."
  • US$ at current prices > Value added > Agriculture > Value added > Current US$: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars."
STAT AMOUNT DATE RANK HISTORY
Local currency at constant prices > Aggregate indicators > GDP > Constant LCU 92.8 billion 1990 96th out of 174
Local currency at constant prices > Aggregate indicators > GDP per capita > Constant LCU 14,069.61 1990 102nd out of 173
Local currency at constant prices > Value added > Agriculture > Value added > Constant LCU 60.57 billion 1990 50th out of 146
Local currency at constant prices > Value added > Industry > Value added > Constant LCU 6.92 billion 1990 96th out of 144
Local currency at current prices > Aggregate indicators > GDP > Current LCU 1.74 trillion 1990 16th out of 178
Local currency at current prices > Aggregate indicators > Gross domestic savings > Current -216,558,993,408 1990 159th out of 160
Local currency at current prices > Aggregate indicators > Net taxes on products > Current 71.94 billion 1990 22nd out of 142
Local currency at current prices > Expenditure on GDP > Changes in inventories > Current L 10.43 billion 1990 19th out of 155
Local currency at current prices > Expenditure on GDP > Discrepancy in expenditure estimat 0.0 1990 60th out of 152
Local currency at current prices > Expenditure on GDP > Exports > Goods and services > Cu 170.17 billion 1990 29th out of 161
Local currency at current prices > Expenditure on GDP > External balance on goods and serv -486,070,009,856 1990 160th out of 162
Local currency at current prices > Expenditure on GDP > Final > Consumption expenditure > Cu 1.96 trillion 1990 12th out of 142
Local currency at current prices > Expenditure on GDP > Final > Consumption expenditure > Etc 1.96 trillion 1990 12th out of 161
US$ at current prices > Expenditure on GDP > Imports > Goods and services > Current US$ $346.11 million 1990 136th out of 160
US$ at current prices > Value added > Agriculture > Value added > Current US$ $575.40 million 1990 105th out of 160

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

Citation

NationMaster

Somalia Economy > National accounts Profiles (Subcategories)

Growth rates 6 Shares of GDP and other 14
Local currency at constant prices 25 US$ at current prices 15
Local currency at current prices 23

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