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% |
Somalia compared with similar countries
- Somalia's 3.11 Percentage of GDP is below the median for low income countries, which is 12.19 Percentage of GDP, 26% of the median. (13 countries reporting)
- Somalia's 3.11 Percentage of GDP is below the median for Sub-Saharan Africa, which is 14.85 Percentage of GDP, 21% of the median. (32 countries reporting)
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
- Real gdp growth, annual growth rate -2.75 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 25.66 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0238 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 15.71 units per person (2025)
- SDRs holdings, SDR, annual growth rate 19.66 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0174 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 11.47 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % 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.
Download this data
CSV · JSON — 12 observations, free to reuse under OECD Terms and Conditions (attribution required).
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.