Global Revenue Statistics - Comparative tax revenues in Somalia
Somalia: Global Revenue Statistics - Comparative tax revenues was 3.11 Percentage of GDP in 2024. ▲ Rising
Global Revenue Statistics - Comparative tax revenues in Somalia, 2013–2024
Source: Organisation for Economic Co-operation and Development. Measured in Percentage of GDP.
Analysis
Somalia recorded 3.11 Percentage of GDP for global revenue statistics - comparative tax revenues in 2024. That is the highest value across all 12 years on record.
Compared with earlier readings it is up 6.7% on the previous year and up 203.7% over ten years.
Over the whole period, global revenue statistics - comparative tax revenues in Somalia peaked at 3.11 Percentage of GDP in 2024 and was at its lowest, 1.01 Percentage of GDP, in 2013.
Somalia ranks 135th of 135 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 12 years of available data.
Global Revenue Statistics - Comparative tax revenues in Somalia, year by year
| Year | Percentage of GDP | Change |
|---|---|---|
| 2013 | 1.01 Percentage of GDP | — |
| 2014 | 1.02 Percentage of GDP | +1.9% |
| 2015 | 1.07 Percentage of GDP | +4.3% |
| 2016 | 1.01 Percentage of GDP | -5.7% |
| 2017 | 1.2 Percentage of GDP | +19.2% |
| 2018 | 1.58 Percentage of GDP | +31.3% |
| 2019 | 2.07 Percentage of GDP | +31.0% |
| 2020 | 2.51 Percentage of GDP | +21.5% |
| 2021 | 2.54 Percentage of GDP | +1.1% |
| 2022 | 2.55 Percentage of GDP | +0.5% |
| 2023 | 2.92 Percentage of GDP | +14.3% |
| 2024 | 3.11 Percentage of GDP | +6.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.28 Percentage of GDP | 1.01 Percentage of GDP | 2.07 Percentage of GDP | 7 |
| 2020s | 2.73 Percentage of GDP | 2.51 Percentage of GDP | 3.11 Percentage of GDP | 5 |
Countries ranked near Somalia
- 132 Niger 7.16 Percentage of GDP compare
- 133 Equatorial Guinea 6.91 Percentage of GDP compare
- 134 Bangladesh 6.72 Percentage of GDP compare
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 global revenue statistics - comparative tax revenues in Somalia?
- Global revenue statistics - comparative tax revenues in Somalia was 3.11 Percentage of GDP in 2024, according to Organisation for Economic Co-operation and Development.
- What is the highest global revenue statistics - comparative tax revenues recorded in Somalia?
- The highest recorded value was 3.11 Percentage of GDP in 2024.
- What is the lowest global revenue statistics - comparative tax revenues recorded in Somalia?
- The lowest recorded value was 1.01 Percentage of GDP in 2013.
- How does Somalia rank for global revenue statistics - comparative tax revenues?
- Somalia ranks 135th out of 135 countries with data for 2024.
- Is global revenue statistics - comparative tax revenues rising or falling in Somalia?
- Over the last ten years it is up 203.7%. 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 Global Revenue Statistics - Comparative tax revenues. Statizoid updates them automatically from the source API.
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About this data
Internationally comparable tax revenue data from countries included in Global Revenue Statistics, presented as a percentage of GDP and as a share of total tax revenue, as well as in national currency and US dollars. Tax revenues are harmonised according to the OECD classification of taxes. Related topics: Tax-to-GDP, Taxation, Tax structure, Tax mix, Regional average – change for each region, Domestic resource mobilisation, Public finance, Income tax, Social security contributions, Goods and services, Value added tax, VAT, Excise, Customs, Property tax.