Government revenues as a share of GDP in Somalia
Somalia: Government revenues as a share of GDP was 24.2% in 2023. ◆ Volatile
Latest (2023)
24.2%
Change on year
up 238.9%
World rank
117th
of 174 countries
All-time high
24.2%
in 2023
All-time low
4.1%
in 2017
Years of data
5
2017–2023
Government revenues as a share of GDP in Somalia, 2017–2023
Source: International Monetary Fund – with minor processing by Our World in Data. Measured in %.
Analysis
In 2023, government revenues as a share of gdp in Somalia stood at 24.2%. That is the highest value across all 5 years on record.
That represents a change of up 238.9% on the previous year and up 492.4% over ten years.
Somalia ranks 117th of 174 countries on this measure, in the middle of the range.
Government revenues as a share of GDP in Somalia, year by year
| Year | % | Change |
|---|---|---|
| 2017 | 4.1% | — |
| 2018 | 4.7% | +15.6% |
| 2019 | 5.7% | +19.5% |
| 2020 | 7.2% | +26.5% |
| 2023 | 24.2% | +238.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.8% | 4.1% | 5.7% | 3 |
| 2020s | 15.7% | 7.2% | 24.2% | 2 |
Countries ranked near Somalia
- 114 Burkina Faso 24.7% compare
- 115 Saint Lucia 24.6%
- 116 Mauritius 24.2% compare
- 118 Fiji 24.2% compare
- 119 Trinidad and Tobago 23.9%
- 120 Honduras 23.6%
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)
- Households and NPISHs Final consumption expenditure (current LCU) 16.23 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 40,140 current LCU per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (current LCU) 26.54 million current LCU per person (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 3.1 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.9458 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 625.34 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 8.82 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 1.41 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is government revenues as a share of gdp in Somalia?
- Government revenues as a share of gdp in Somalia was 24.2% in 2023, according to International Monetary Fund – with minor processing by Our World in Data.
- What is the highest government revenues as a share of gdp recorded in Somalia?
- The highest recorded value was 24.2% in 2023.
- What is the lowest government revenues as a share of gdp recorded in Somalia?
- The lowest recorded value was 4.1% in 2017.
- How does Somalia rank for government revenues as a share of gdp?
- Somalia ranks 117th out of 174 countries with data for 2023.
- Is government revenues as a share of gdp rising or falling in Somalia?
- Over the last ten years it is up 492.4%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from International Monetary Fund – with minor processing by Our World in Data, published as part of Government revenues as a share of GDP. Statizoid updates them automatically from the source API.
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About this data
Taxes, social contributions, and other revenues such as fines, fees, rent, and income from property or sales included.