Somalia: Foreign Direct Investment, billion dollars

The latest value from 1989 is -0.04 billion U.S. dollars, unchanged from -0.04 billion U.S. dollars in 1988. In comparison, the world average is 1.28 billion U.S. dollars, based on data from 155 countries. Historically, the average for Somalia from 1970 to 1989 is -0 billion U.S. dollars. The minimum value, -0.04 billion U.S. dollars, was reached in 1988 while the maximum of 0.06 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: Foreign direct investment refers to direct investment equity flows in the reporting economy. It is the sum of equity capital, reinvestment of earnings, and other capital. Direct investment is a category of cross-border investment associated with a resident in one economy having control or a significant degree of influence on the management of an enterprise that is resident in another economy. Ownership of 10 percent or more of the ordinary shares of voting stock is the criterion for determining the existence of a direct investment relationship. Data are in current U.S. dollars.