Natural resource rents in Somalia
Somalia: Natural resource rents was 11.24 in 2021. ▲ Rising
Natural resource rents in Somalia, 1970–2021
Source: Our World in Data.
Analysis
In 2021, natural resource rents in Somalia stood at 11.24.
Compared with earlier readings it is down 1.9% on the previous year and down 36.9% over ten years.
Over the whole period, natural resource rents in Somalia peaked at 19.55 in 2016 and was at its lowest, 3.58, in 1972.
Somalia ranks 46th of 211 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 30 years of available data.
Natural resource rents in Somalia, year by year
| Year | Value | Change |
|---|---|---|
| 1970 | 4.7 | — |
| 1971 | 3.99 | -15.1% |
| 1972 | 3.58 | -10.2% |
| 1973 | 5.22 | +45.7% |
| 1974 | 6.65 | +27.5% |
| 1975 | 5.87 | -11.8% |
| 1976 | 4.76 | -18.9% |
| 1977 | 14.25 | +199.6% |
| 1978 | 13.21 | -7.3% |
| 1979 | 12.15 | -8.0% |
| 1980 | 15.34 | +26.2% |
| 1981 | 12.01 | -21.7% |
| 1982 | 15.96 | +32.9% |
| 1983 | 11.35 | -28.9% |
| 1984 | 9.84 | -13.3% |
| 1985 | 6.33 | -35.6% |
| 1986 | 9.79 | +54.6% |
| 1987 | 8.7 | -11.1% |
| 1988 | 9.49 | +9.0% |
| 1989 | 9.22 | -2.8% |
| 1990 | 13.49 | +46.2% |
| 2013 | 17.81 | +32.1% |
| 2014 | 18.29 | +2.7% |
| 2015 | 18.88 | +3.2% |
| 2016 | 19.55 | +3.5% |
| 2017 | 18.7 | -4.3% |
| 2018 | 11.74 | -37.2% |
| 2019 | 10.73 | -8.6% |
| 2020 | 11.46 | +6.8% |
| 2021 | 11.24 | -1.9% |
Somalia compared with similar countries
- Somalia's 11.24 is above the median for low income countries, which is 10.34, 1.1× the median. (24 countries reporting)
- Somalia's 11.24 is above the median for Sub-Saharan Africa, which is 7.67, 1.5× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Natural resource rents in Somalia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1977 | +199.6% | 4.76 | 14.25 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.44 | 3.58 | 14.25 | 10 |
| 1980s | 10.8 | 6.33 | 15.96 | 10 |
| 1990s | 13.49 | 13.49 | 13.49 | 1 |
| 2010s | 16.53 | 10.73 | 19.55 | 7 |
| 2020s | 11.35 | 11.24 | 11.46 | 2 |
Countries ranked near Somalia
- 43 Venezuela 11.85 compare
- 44 Kyrgyzstan 11.51 compare
- 45 Mauritania 11.45 compare
- 47 Guinea-Bissau 10.43 compare
- 48 Central African Republic 10.26 compare
- 49 Norway 10.05 compare
More reference data data for Somalia
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure applied 234.3 (2050)
- Emission Totals - Emissions (CH4) - Burning - Crop residues 0.4444 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.2685 (2050)
- Emission Totals - Emissions (CH4) - Enteric Fermentation 1,010 (2050)
- Emission Totals - Emissions (N2O) - Burning - Crop residues 0.0115 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.8842 (2050)
- Emission Totals - Emissions (N2O) - Agricultural Soils 42.94 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - IPCC Agriculture 11,478 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Agricultural 11,378 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Crop Residues 71.14 (2050)
Frequently asked questions
- What is natural resource rents in Somalia?
- Natural resource rents in Somalia was 11.24 in 2021, according to Our World in Data.
- What is the highest natural resource rents recorded in Somalia?
- The highest recorded value was 19.55 in 2016.
- What is the lowest natural resource rents recorded in Somalia?
- The lowest recorded value was 3.58 in 1972.
- How does Somalia rank for natural resource rents?
- Somalia ranks 46th out of 211 countries with data for 2021.
- Is natural resource rents rising or falling in Somalia?
- Over the last ten years it is down 36.9%. The long-run trend across the full record is rising.
- Where does this Somalia data come from?
- The figures come from Our World in Data, published as part of Natural resource rents. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (Our World in Data).