Central government revenues as a share of GDP in Somalia
Somalia: Central government revenues as a share of GDP was 3.1% in 2024. ▲ Rising
Central government revenues as a share of GDP in Somalia, 2017–2024
Source: International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data. Measured in % of GDP.
Analysis
The most recent figure for central government revenues as a share of gdp in Somalia is 3.1%, measured in 2024. That is the highest value across all 8 years on record.
The figure is up 2.6% on the previous year and up 64.9% over ten years.
That places Somalia 156th out of 157 countries with data for 2024, putting it in the bottom quarter.
Central government revenues as a share of GDP in Somalia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2017 | 1.9% | — |
| 2018 | 2.3% | +24.5% |
| 2019 | 2.7% | +13.9% |
| 2020 | 2.4% | -7.7% |
| 2021 | 2.4% | -1.1% |
| 2022 | 2.6% | +6.3% |
| 2023 | 3.0% | +16.9% |
| 2024 | 3.1% | +2.6% |
Somalia compared with similar countries
- Somalia's 3.1% is below the median for low income countries, which is 13.1%, 23% of the median. (16 countries reporting)
- Somalia's 3.1% is below the median for Sub-Saharan Africa, which is 15.8%, 20% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.3% | 1.9% | 2.7% | 3 |
| 2020s | 2.7% | 2.4% | 3.1% | 5 |
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)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 765.00 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 13.08 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0639 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 40.24 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -0.3355 % change on previous year (1989)
- Total reserves (includes gold, current US$), per unit of GDP 0.0196 includes gold, current US$ per US$ of GDP (1989)
- Total reserves (includes gold, current US$), per capita 3.25 includes gold, current US$ per person (1989)
- Total reserves minus gold (current US$), annual growth rate 0.6536 % change on previous year (1989)
Frequently asked questions
- What is central government revenues as a share of gdp in Somalia?
- Central government revenues as a share of gdp in Somalia was 3.1% in 2024, according to International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data.
- What is the highest central government revenues as a share of gdp recorded in Somalia?
- The highest recorded value was 3.1% in 2024.
- What is the lowest central government revenues as a share of gdp recorded in Somalia?
- The lowest recorded value was 1.9% in 2017.
- How does Somalia rank for central government revenues as a share of gdp?
- Somalia ranks 156th out of 157 countries with data for 2024.
- Is central government revenues as a share of gdp rising or falling in Somalia?
- Over the last ten years it is up 64.9%. The long-run trend across the full record is rising.
- Where does this Somalia data come from?
- The figures come from International Monetary Fund (IMF) Government Finance Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Central 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. Grants excluded.