Africa's Development Dynamics (AfDD) Table 16 - Public finances in Somalia
Somalia: Africa's Development Dynamics (AfDD) Table 16 - Public finances was 6.6 Percentage of GDP in 2029. ▲ Rising
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Somalia, 2013–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
In 2029, africa's development dynamics (afdd) table 16 - public finances in Somalia stood at 6.6 Percentage of GDP.
Compared with earlier readings it is up 3.3% on the previous year and up 97.6% over ten years.
Over the whole period, africa's development dynamics (afdd) table 16 - public finances in Somalia peaked at 7.53 Percentage of GDP in 2024 and was at its lowest, 1.82 Percentage of GDP, in 2015.
That places Somalia 166th out of 166 countries with data for 2029, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 17 years of available data.
Africa's Development Dynamics (AfDD) Table 16 - Public finances in Somalia, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2013 | 2 Percentage of GDP | — |
| 2014 | 2.31 Percentage of GDP | +15.4% |
| 2015 | 1.82 Percentage of GDP | -21.1% |
| 2016 | 1.85 Percentage of GDP | +1.7% |
| 2017 | 2.88 Percentage of GDP | +55.4% |
| 2018 | 3.23 Percentage of GDP | +12.3% |
| 2019 | 3.34 Percentage of GDP | +3.2% |
| 2020 | 5.13 Percentage of GDP | +53.7% |
| 2021 | 4.68 Percentage of GDP | -8.8% |
| 2022 | 6.91 Percentage of GDP | +47.6% |
| 2023 | 6.3 Percentage of GDP | -8.8% |
| 2024 | 7.53 Percentage of GDP | +19.5% |
| 2025 | 7.17 Percentage of GDP | -4.7% |
| 2026 | 6.73 Percentage of GDP | -6.2% |
| 2027 | 6.45 Percentage of GDP | -4.1% |
| 2028 | 6.39 Percentage of GDP | -0.9% |
| 2029 | 6.6 Percentage of GDP | +3.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.49 Percentage of GDP | 1.82 Percentage of GDP | 3.34 Percentage of GDP | 7 |
| 2020s | 6.39 Percentage of GDP | 4.68 Percentage of GDP | 7.53 Percentage of GDP | 10 |
Countries ranked near Somalia
More economy & growth data for Somalia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.52 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- GDP deflator (base year varies by country), annual growth rate 12.88 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth -15.77 % change on previous year (1990)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8524 current US$ per US$ of GDP (1990)
- Gross value added at basic prices (GVA) (current US$), per capita 124.12 current US$ per person (1990)
- Gross value added at basic prices (GVA) (current LCU), annual growth 211.84 % change on previous year (1990)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1,616 current LCU per US$ of GDP (1990)
- Gross value added at basic prices (GVA) (current LCU), per capita 235,336 current LCU per person (1990)
- GDP (current US$), annual growth rate 8.59 % change on previous year (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 16 - public finances in Somalia?
- Africa's development dynamics (afdd) table 16 - public finances in Somalia was 6.6 Percentage of GDP in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 16 - public finances recorded in Somalia?
- The highest recorded value was 7.53 Percentage of GDP in 2024.
- What is the lowest africa's development dynamics (afdd) table 16 - public finances recorded in Somalia?
- The lowest recorded value was 1.82 Percentage of GDP in 2015.
- How does Somalia rank for africa's development dynamics (afdd) table 16 - public finances?
- Somalia ranks 166th out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 16 - public finances rising or falling in Somalia?
- Over the last ten years it is up 97.6%. The long-run trend across the full record is rising.
- Where does this Somalia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 16 - Public finances — General government expenditure. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 16 shows data on public finance, including taxes, revenues, expenditure, and debt. Some of these figures are not available at the national level, but only for aggregations of groups of countries.