Korea vs Somalia: Taxes less subsidies on products (current LCU), per unit of GDP

Korea
99.26 current LCU per US$ of GDP
in 2025
Somalia
69.76 current LCU per US$ of GDP
in 1990
Korea rank
19th
Somalia rank
22nd

Taxes less subsidies on products (current LCU), per unit of GDP over time

  • Korea
  • Somalia
050100150196019922025

How they compare

Korea currently reports 99.26 current LCU per US$ of GDP against 69.76 current LCU per US$ of GDP in Somalia, a difference of 29.5 current LCU per US$ of GDP.

That makes Korea's figure about 1.4 times Somalia's.

The two have swapped places 1 time across 31 shared years of data; in 1960 it was Korea ahead.

Korea ranks 19th and Somalia ranks 22nd of 197 countries.

Across the 4 decades both report, Korea averaged higher in 3 and Somalia in 1.

Head to head by decade

Decade Korea Somalia Difference Ahead
1960s 13.68 current LCU per US$ of GDP 0.709 current LCU per US$ of GDP 12.97 current LCU per US$ of GDP Korea
1970s 39.09 current LCU per US$ of GDP 1 current LCU per US$ of GDP 38.09 current LCU per US$ of GDP Korea
1980s 75.57 current LCU per US$ of GDP 6.52 current LCU per US$ of GDP 69.05 current LCU per US$ of GDP Korea
1990s 65.82 current LCU per US$ of GDP 69.76 current LCU per US$ of GDP 3.94 current LCU per US$ of GDP Somalia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products (current lcu), per unit of gdp, Korea or Somalia?
Korea, at 99.26 current LCU per US$ of GDP against 69.76 current LCU per US$ of GDP in Somalia as of 2025.
What is the difference in taxes less subsidies on products (current lcu), per unit of gdp between Korea and Somalia?
29.5 current LCU per US$ of GDP, with Korea ahead.
How many years of comparable data are there for Korea and Somalia?
31 years are reported by both, from 1960 to 1990.
How do Korea and Somalia rank globally for taxes less subsidies on products (current lcu), per unit of gdp?
Korea ranks 19th and Somalia ranks 22nd of 197 countries.
Where does this data come from?
Statizoid (derived), published as Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Korea vs Somalia: Taxes less subsidies on products (current LCU), per unit of GDP. Statizoid, drawing on Statizoid (derived). Retrieved 15 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-lcu-per-unit-of-gdp/korea-rep/somalia-fed-rep/

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About this data

Indicator
Taxes less subsidies on products (current LCU), per unit of GDP
Unit
current LCU per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
198 places, 8,406 data points, 1960–2025
Last refreshed

Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.