Taxes less subsidies on products (current LCU), per unit of GDP (unit) in Somalia
Somalia: Taxes less subsidies on products (current LCU), per unit of GDP (unit) was 69.76 current LCU per US$ of GDP in 1990. ◆ Volatile
Taxes less subsidies on products (current LCU), per unit of GDP in Somalia, 1960–1990
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
Somalia recorded 69.76 current LCU per US$ of GDP for taxes less subsidies on products (current lcu), per unit of gdp in 1990. That is the highest value across all 31 years on record.
That represents a change of up 230.0% on the previous year and up 3,980.6% over ten years.
Over the whole period, taxes less subsidies on products (current lcu), per unit of gdp in Somalia peaked at 69.76 current LCU per US$ of GDP in 1990 and was at its lowest, 0.5489 current LCU per US$ of GDP, in 1976.
Somalia ranks 22nd of 197 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current LCU), per unit of GDP (unit) in Somalia, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.6705 current LCU per US$ of GDP | — |
| 1961 | 0.671 current LCU per US$ of GDP | +0.1% |
| 1962 | 0.6707 current LCU per US$ of GDP | -0.0% |
| 1963 | 0.6704 current LCU per US$ of GDP | -0.0% |
| 1964 | 0.6696 current LCU per US$ of GDP | -0.1% |
| 1965 | 0.7184 current LCU per US$ of GDP | +7.3% |
| 1966 | 0.718 current LCU per US$ of GDP | -0.1% |
| 1967 | 0.7171 current LCU per US$ of GDP | -0.1% |
| 1968 | 0.7983 current LCU per US$ of GDP | +11.3% |
| 1969 | 0.786 current LCU per US$ of GDP | -1.5% |
| 1970 | 0.7285 current LCU per US$ of GDP | -7.3% |
| 1971 | 0.8261 current LCU per US$ of GDP | +13.4% |
| 1972 | 0.7355 current LCU per US$ of GDP | -11.0% |
| 1973 | 0.7902 current LCU per US$ of GDP | +7.4% |
| 1974 | 0.8295 current LCU per US$ of GDP | +5.0% |
| 1975 | 0.5923 current LCU per US$ of GDP | -28.6% |
| 1976 | 0.5489 current LCU per US$ of GDP | -7.3% |
| 1977 | 1.15 current LCU per US$ of GDP | +109.0% |
| 1978 | 1.83 current LCU per US$ of GDP | +59.6% |
| 1979 | 1.97 current LCU per US$ of GDP | +7.8% |
| 1980 | 1.71 current LCU per US$ of GDP | -13.4% |
| 1981 | 2.55 current LCU per US$ of GDP | +48.9% |
| 1982 | 2.64 current LCU per US$ of GDP | +3.9% |
| 1983 | 4.01 current LCU per US$ of GDP | +51.7% |
| 1984 | 3.23 current LCU per US$ of GDP | -19.6% |
| 1985 | 4.68 current LCU per US$ of GDP | +45.1% |
| 1986 | 7.86 current LCU per US$ of GDP | +67.8% |
| 1987 | 7.22 current LCU per US$ of GDP | -8.0% |
| 1988 | 10.19 current LCU per US$ of GDP | +41.1% |
| 1989 | 21.14 current LCU per US$ of GDP | +107.3% |
| 1990 | 69.76 current LCU per US$ of GDP | +230.0% |
Somalia compared with similar countries
- Somalia's 69.76 current LCU per US$ of GDP is above the median for low income countries, which is 23.98 current LCU per US$ of GDP, 2.9× the median. (22 countries reporting)
- Somalia's 69.76 current LCU per US$ of GDP is above the median for Sub-Saharan Africa, which is 15.97 current LCU per US$ of GDP, 4.4× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Taxes less subsidies on products (current LCU), per unit of GDP (unit) in Somalia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1990 | +230.0% | 21.14 current LCU per US$ of GDP | 69.76 current LCU per US$ of GDP |
| 1977 | +109.0% | 0.5489 current LCU per US$ of GDP | 1.15 current LCU per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.709 current LCU per US$ of GDP | 0.6696 current LCU per US$ of GDP | 0.7983 current LCU per US$ of GDP | 10 |
| 1970s | 1 current LCU per US$ of GDP | 0.5489 current LCU per US$ of GDP | 1.97 current LCU per US$ of GDP | 10 |
| 1980s | 6.52 current LCU per US$ of GDP | 1.71 current LCU per US$ of GDP | 21.14 current LCU per US$ of GDP | 10 |
| 1990s | 69.76 current LCU per US$ of GDP | 69.76 current LCU per US$ of GDP | 69.76 current LCU per US$ of GDP | 1 |
Countries ranked near Somalia
- 19 Korea 99.26 current LCU per US$ of GDP compare
- 20 Chile 91.42 current LCU per US$ of GDP compare
- 21 Rwanda 76.06 current LCU per US$ of GDP
- 23 Central African Republic 68.2 current LCU per US$ of GDP compare
- 24 Senegal 60.74 current LCU per US$ of GDP compare
- 25 Benin 55.37 current LCU per US$ of GDP
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 taxes less subsidies on products (current lcu), per unit of gdp in Somalia?
- Taxes less subsidies on products (current lcu), per unit of gdp in Somalia was 69.76 current LCU per US$ of GDP in 1990, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current lcu), per unit of gdp recorded in Somalia?
- The highest recorded value was 69.76 current LCU per US$ of GDP in 1990.
- What is the lowest taxes less subsidies on products (current lcu), per unit of gdp recorded in Somalia?
- The lowest recorded value was 0.5489 current LCU per US$ of GDP in 1976.
- How does Somalia rank for taxes less subsidies on products (current lcu), per unit of gdp?
- Somalia ranks 22nd out of 197 countries with data for 1990.
- Is taxes less subsidies on products (current lcu), per unit of gdp rising or falling in Somalia?
- Over the last ten years it is up 3,980.6%. 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), per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current LCU) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Taxes less subsidies on products (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.