Taxes less subsidies on products (current LCU), annual growth rate in Somalia

Somalia: Taxes less subsidies on products (current LCU), annual growth rate was 188.11 % change on previous year in 1990. ◆ Volatile

Latest (1990)
188.11 % change on previous year
Change on year
up 41.5%
World rank
2nd
of 197 countries
All-time high
188.11 % change on previous year
in 1990
All-time low
-13.87 % change on previous year
in 1984
Years of data
30
1961–1990

Taxes less subsidies on products (current LCU), annual growth rate in Somalia, 1961–1990

0501001502001961197519901961: 6.3 % change on previous year1962: 6.1 % change on previous year1963: 6.2 % change on previous year1964: 6.1 % change on previous year1965: 13.9 % change on previous year1966: 5.5 % change on previous year1967: 5.5 % change on previous year1968: 17.4 % change on previous year1969: 5.2 % change on previous year1970: 5.3 % change on previous year1971: 13.1 % change on previous year1972: 14.9 % change on previous year1973: 16 % change on previous year1974: 24.3 % change on previous year1975: -5.6 % change on previous year1976: 6.7 % change on previous year1977: 19.6 % change on previous year1978: 80.8 % change on previous year1979: 12.6 % change on previous year1980: -11.5 % change on previous year1981: 72.8 % change on previous year1982: 15.1 % change on previous year1983: 44 % change on previous year1984: -13.9 % change on previous year1985: 61.4 % change on previous year1986: 75.6 % change on previous year1987: 2.2 % change on previous year1988: 45.7 % change on previous year1989: 132.9 % change on previous year1990: 188.1 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Somalia recorded 188.11 % change on previous year for taxes less subsidies on products (current lcu), annual growth rate in 1990. That is the highest value across all 30 years on record.

Compared with earlier readings it is up 41.5% on the previous year and up 1,734.0% over ten years.

Over the whole period, taxes less subsidies on products (current lcu), annual growth rate in Somalia peaked at 188.11 % change on previous year in 1990 and was at its lowest, -13.87 % change on previous year, in 1984.

Somalia ranks 2nd of 197 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Taxes less subsidies on products (current LCU), annual growth rate in Somalia, year by year

Annual values for Taxes less subsidies on products (current LCU), annual growth rate in Somalia, 1961 to 1990.
Year % change on previous year Change
1961 6.28 % change on previous year
1962 6.14 % change on previous year -2.2%
1963 6.15 % change on previous year +0.2%
1964 6.07 % change on previous year -1.3%
1965 13.92 % change on previous year +129.3%
1966 5.54 % change on previous year -60.2%
1967 5.47 % change on previous year -1.3%
1968 17.44 % change on previous year +219.2%
1969 5.2 % change on previous year -70.2%
1970 5.27 % change on previous year +1.5%
1971 13.1 % change on previous year +148.3%
1972 14.89 % change on previous year +13.7%
1973 16.03 % change on previous year +7.6%
1974 24.25 % change on previous year +51.3%
1975 -5.58 % change on previous year -123.0%
1976 6.67 % change on previous year -219.5%
1977 19.59 % change on previous year +193.8%
1978 80.77 % change on previous year +312.3%
1979 12.57 % change on previous year -84.4%
1980 -11.51 % change on previous year -191.6%
1981 72.82 % change on previous year -732.5%
1982 15.06 % change on previous year -79.3%
1983 43.99 % change on previous year +192.2%
1984 -13.87 % change on previous year -131.5%
1985 61.42 % change on previous year -542.8%
1986 75.61 % change on previous year +23.1%
1987 2.22 % change on previous year -97.1%
1988 45.65 % change on previous year +1954.4%
1989 132.93 % change on previous year +191.2%
1990 188.11 % change on previous year +41.5%

Averages by decade

DecadeAverage LowestHighest Years
1960s 8.02 % change on previous year 5.2 % change on previous year 17.44 % change on previous year 9
1970s 18.76 % change on previous year -5.58 % change on previous year 80.77 % change on previous year 10
1980s 42.43 % change on previous year -13.87 % change on previous year 132.93 % change on previous year 10
1990s 188.11 % change on previous year 188.11 % change on previous year 188.11 % change on previous year 1

Countries ranked near Somalia

  1. 1 Liberia 259.66 % change on previous year
  2. 3 Cuba 122.26 % change on previous year compare
  3. 4 Suriname 93.87 % change on previous year compare
  4. 5 Equatorial Guinea 89.89 % change on previous year

See the full ranking of 197 places →

More economy & growth data for Somalia

All data for Somalia →

Frequently asked questions

What is taxes less subsidies on products (current lcu), annual growth rate in Somalia?
Taxes less subsidies on products (current lcu), annual growth rate in Somalia was 188.11 % change on previous year in 1990, according to Statizoid (derived).
What is the highest taxes less subsidies on products (current lcu), annual growth rate recorded in Somalia?
The highest recorded value was 188.11 % change on previous year in 1990.
What is the lowest taxes less subsidies on products (current lcu), annual growth rate recorded in Somalia?
The lowest recorded value was -13.87 % change on previous year in 1984.
How does Somalia rank for taxes less subsidies on products (current lcu), annual growth rate?
Somalia ranks 2nd out of 197 countries with data for 1990.
Is taxes less subsidies on products (current lcu), annual growth rate rising or falling in Somalia?
Over the last ten years it is up 1,734.0%. The long-run trend across the full record is volatile.
Where does this Somalia data come from?
The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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Taxes less subsidies on products (current LCU), annual growth rate in Somalia. Statizoid, drawing on Statizoid (derived). Retrieved 09 September 2026, from https://economy.statizoid.com/stat/taxes-less-subsidies-on-products-current-lcu-annual-growth-rate/somalia-fed-rep/

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How this figure is calculated

The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

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Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Taxes less subsidies on products (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
197 places, 8,058 data points, 1961–2025
Last refreshed

The year-on-year percentage change in Taxes less subsidies on products (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.