Guinea-Bissau vs Somalia: Taxes less subsidies on products

Guinea-Bissau
67.03 billion current LCU
in 2025
Somalia
71.94 billion current LCU
in 1990
Guinea-Bissau rank
98th
Somalia rank
96th

Taxes less subsidies on products over time

  • Guinea-Bissau
  • Somalia
020.0B40.0B60.0B80.0B196019922025

How they compare

Somalia currently reports 71.94 billion current LCU against 67.03 billion current LCU in Guinea-Bissau, a difference of 4.91 billion current LCU.

That makes Somalia's figure about 1.1 times Guinea-Bissau's.

Across all 19 years both countries report, Somalia has been ahead every year.

Guinea-Bissau ranks 98th and Somalia ranks 96th of 199 countries.

Somalia has averaged higher in every one of the 3 decades both report.

Head to head by decade

Decade Guinea-Bissau Somalia Difference Ahead
1970s 10 current LCU 542.34 million current LCU 542.34 million current LCU Somalia
1980s 157.52 million current LCU 7.74 billion current LCU 7.58 billion current LCU Somalia
1990s 1.36 billion current LCU 71.94 billion current LCU 70.58 billion current LCU Somalia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher taxes less subsidies on products, Guinea-Bissau or Somalia?
Somalia, at 71.94 billion current LCU against 67.03 billion current LCU in Guinea-Bissau as of 1990.
What is the difference in taxes less subsidies on products between Guinea-Bissau and Somalia?
4.91 billion current LCU, with Somalia ahead.
How many years of comparable data are there for Guinea-Bissau and Somalia?
19 years are reported by both, from 1970 to 1990.
How do Guinea-Bissau and Somalia rank globally for taxes less subsidies on products?
Guinea-Bissau ranks 98th and Somalia ranks 96th of 199 countries.
Where does this data come from?
Country official statistics, National Statistical Organizations and/or Central Banks, published as Taxes less subsidies on products (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

Share, cite or embed this page

Cite this page

Guinea-Bissau vs Somalia: Taxes less subsidies on products. Statizoid, drawing on Country official statistics, National Statistical Organizations and/or Central Banks. Retrieved 11 September 2026, from https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-lcu/guinea-bissau/somalia-fed-rep/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://economy.statizoid.com/compare/taxes-less-subsidies-on-products-current-lcu/guinea-bissau/somalia-fed-rep/">Guinea-Bissau vs Somalia: Taxes less subsidies on products</a> — Statizoid

About this data

Indicator
Taxes less subsidies on products (current LCU)
Unit
current LCU
Source
Country official statistics, National Statistical Organizations and/or Central Banks
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
200 places, 8,473 data points, 1960–2025
Last refreshed

Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.