Somalia: Capital investment, in dollars

The latest value from 1990 is 0.14 billion U.S. dollars, a decline from 0.33 billion U.S. dollars in 1989. In comparison, the world average is 42.18 billion U.S. dollars, based on data from 136 countries. Historically, the average for Somalia from 1960 to 1990 is 0.13 billion U.S. dollars. The minimum value, 0.02 billion U.S. dollars, was reached in 1960 while the maximum of 0.34 billion U.S. dollars was recorded in 1987. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Gross capital formation (formerly gross domestic investment) 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." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation. Data are in current U.S. dollars.