Price level ratio of PPP conversion factor (GDP) to market exchange in Somalia
Somalia: Price level ratio of PPP conversion factor (GDP) to market exchange was 0.3979 in 2024. ▼ Falling
Price level ratio of PPP conversion factor (GDP) to market exchange in Somalia, 1991–2024
Source: UNESCO Institute for Statistics.
Analysis
In 2024, price level ratio of ppp conversion factor (gdp) to market exchange in Somalia stood at 0.3979.
Compared with earlier readings it is up 3.7% on the previous year and up 4.5% over ten years.
Over the whole period, price level ratio of ppp conversion factor (gdp) to market exchange in Somalia peaked at 0.8554 in 1998 and was at its lowest, 0.2246, in 1991.
That places Somalia 119th out of 202 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 34 years of available data.
Price level ratio of PPP conversion factor (GDP) to market exchange in Somalia, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 0.2246 | — |
| 1992 | 0.2371 | +5.5% |
| 1993 | 0.3957 | +66.9% |
| 1994 | 0.5543 | +40.1% |
| 1995 | 0.541 | -2.4% |
| 1996 | 0.5742 | +6.1% |
| 1997 | 0.6822 | +18.8% |
| 1998 | 0.8554 | +25.4% |
| 1999 | 0.8082 | -5.5% |
| 2000 | 0.8267 | +2.3% |
| 2001 | 0.4983 | -39.7% |
| 2002 | 0.4437 | -11.0% |
| 2003 | 0.523 | +17.9% |
| 2004 | 0.6469 | +23.7% |
| 2005 | 0.7106 | +9.8% |
| 2006 | 0.6948 | -2.2% |
| 2007 | 0.685 | -1.4% |
| 2008 | 0.6859 | +0.1% |
| 2009 | 0.3186 | -53.6% |
| 2010 | 0.2689 | -15.6% |
| 2011 | 0.267 | -0.7% |
| 2012 | 0.3492 | +30.8% |
| 2013 | 0.4166 | +19.3% |
| 2014 | 0.3808 | -8.6% |
| 2015 | 0.3322 | -12.8% |
| 2016 | 0.3139 | -5.5% |
| 2017 | 0.32 | +1.9% |
| 2018 | 0.3284 | +2.6% |
| 2019 | 0.3488 | +6.2% |
| 2020 | 0.3563 | +2.2% |
| 2021 | 0.3943 | +10.7% |
| 2022 | 0.3855 | -2.2% |
| 2023 | 0.3838 | -0.4% |
| 2024 | 0.3979 | +3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5414 | 0.2246 | 0.8554 | 9 |
| 2000s | 0.6034 | 0.3186 | 0.8267 | 10 |
| 2010s | 0.3326 | 0.267 | 0.4166 | 10 |
| 2020s | 0.3836 | 0.3563 | 0.3979 | 5 |
Countries ranked near Somalia
- 116 Bosnia and Herzegovina 0.4077 compare
- 117 Republic of Moldova 0.407 compare
- 118 South Africa 0.4046 compare
- 120 Dominican Republic 0.3949 compare
- 121 Fiji 0.3922 compare
- 122 Morocco 0.3875 compare
- 122 Montenegro 0.3875 compare
More population data for Somalia
- Un population 2024 vs 2022, annual growth rate 0.4952 % change on previous year (2100)
- Population long run with projections, annual growth rate 0.4652 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate 1.96 % change on previous year (2050)
- Population regions with projections, annual growth rate 0.4652 % change on previous year (2100)
- Population growth rate, by level of development 0.4% (2100)
- Number of children under 5, by world region 5.14 million people (2100)
- Population density 107.38 people per km² (2100)
- World population growth 0.4% (2100)
- Projected population under age 5, annual growth rate -0.3207 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 2.89 Percent per annum (2030)
Frequently asked questions
- What is price level ratio of ppp conversion factor (gdp) to market exchange in Somalia?
- Price level ratio of ppp conversion factor (gdp) to market exchange in Somalia was 0.3979 in 2024, according to UNESCO Institute for Statistics.
- What is the highest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Somalia?
- The highest recorded value was 0.8554 in 1998.
- What is the lowest price level ratio of ppp conversion factor (gdp) to market exchange recorded in Somalia?
- The lowest recorded value was 0.2246 in 1991.
- How does Somalia rank for price level ratio of ppp conversion factor (gdp) to market exchange?
- Somalia ranks 119th out of 202 countries with data for 2024.
- Is price level ratio of ppp conversion factor (gdp) to market exchange rising or falling in Somalia?
- Over the last ten years it is up 4.5%. The long-run trend across the full record is falling.
- Where does this Somalia data come from?
- The figures come from UNESCO Institute for Statistics, published as part of Price level ratio of PPP conversion factor (GDP) to market exchange rate. Statizoid updates them automatically from the source API.
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About this data
February 2026 Data Release