Somalia SO: GDP: PPP: Final Consumption Expenditure: Households and NPISHs

Somalia SO: GDP: PPP: Final Consumption Expenditure: Households and NPISHs data was reported at 30,829.932 Intl $ mn in 2021. This records an increase from the previous number of 29,324.210 Intl $ mn for 2020. Somalia SO: GDP: PPP: Final Consumption Expenditure: Households and NPISHs data is updated yearly, averaging 29,324.210 Intl $ mn from Dec 2017 (Median) to 2021, with 5 observations. The data reached an all-time high of 30,829.932 Intl $ mn in 2021 and a record low of 27,444.062 Intl $ mn in 2017. Somalia SO: GDP: PPP: Final Consumption Expenditure: Households and NPISHs data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Somalia – Table SO.World Bank.WDI: Gross Domestic Product: Purchasing Power Parity. This indicator provides values for households and NPISHs final consumption expenditure expressed in current international dollars converted by purchasing power parity (PPP) conversion factor. Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. PPP conversion factor is a spatial price deflator and currency converter that eliminates the effects of the differences in price levels between countries. From July 2020, “Households and NPISHs final consumption expenditure: linked series (current LCU)” [NE.CON.PRVT.CN.AD] is used as underlying expenditure in local currency unit so that it’s in line with time series of PPP conversion factor, private consumption (LCU per international $), which are extrapolated with linked CPI.;International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme.;Gap-filled total;

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What was Somalia's Somalia SO: GDP: PPP: Final Consumption Expenditure: Households and NPISHs in 2021?

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