Somalia - Gross national income in current LCU prices

251,779,752,561,334 (LCU) in 2022

In 2022, GNI (LCU) for Somalia was 251,779,752 million LCU. GNI (LCU) of Somalia increased from 3,198 million LCU in 1973 to 251,779,752 million LCU in 2022 growing at an average annual rate of 29.38%.

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What is GNI (LCU)?

Gross national income (GNI) is GDP less net taxes on production and imports, less compensation of employees and property income payable to the rest of the world plus the corresponding items receivable from the rest of the world (in other words, GDP less primary incomes payable to non-resident units plus primary incomes receivable from non-resident units). An alternative approach to measuring GNI at market prices is as the aggregate value of the balances of gross primary incomes for all sectors; (note that gross national income is identical to gross national product (GNP) as previously used in national accounts)

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What is Somalia GNI (LCU)?