Gross Capital Formation (Percent of GDP) of Somalia
Updated on May 15, 2023.

According to the World Bank, the Gross Capital Formation (Percent of GDP) of Somalia was 15.50% in 1990, a difference of -14.8 points compared to 1989.

Use the interactive visualization and table below to explore the values for each year between 1960-1990.

The World Bank defines Gross Capital Formation (Percent of GDP) as "consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include 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. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress'" .

See also: GDP of Somalia.

Data Source: World Bank.
Gross Capital Formation (Percent of GDP) of Somalia (US$)
Gross Capital Formation (Percent of GDP) of Somalia
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Year Gross Capital Formation (% GDP)
1960 9.67
1961 9.64
1962 9.68
1963 9.61
1964 9.98
1965 11.19
1966 11.45
1967 12.02
1968 12.17
1969 12.35
1970 11.74
1971 11.95
1972 13.57
1973 14.35
1974 26.87
1975 22.53
1976 29.89
1977 21.42
1978 28.69
1979 22.98
1980 42.40
1981 27.57
1982 29.28
1983 22.42
1984 24.20
1985 29.80
1986 25.20
1987 33.30
1988 23.90
1989 30.30
1990 15.50