Taxes less subsidies on products in Somalia
Somalia: Taxes less subsidies on products was 71.94 billion current LCU in 1990. ◆ Volatile
Taxes less subsidies on products in Somalia, 1960–1990
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 1990, taxes less subsidies on products in Somalia stood at 71.94 billion current LCU. That is the highest value across all 31 years on record.
That represents a change of up 188.1% on the previous year and up 6,884.5% over ten years.
Over the whole period, taxes less subsidies on products in Somalia peaked at 71.94 billion current LCU in 1990 and was at its lowest, 121.00 million current LCU, in 1960.
That places Somalia 96th out of 197 countries with data for 1990, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products in Somalia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1960 | 121.00 million current LCU | — |
| 1961 | 128.60 million current LCU | +6.3% |
| 1962 | 136.50 million current LCU | +6.1% |
| 1963 | 144.90 million current LCU | +6.2% |
| 1964 | 153.70 million current LCU | +6.1% |
| 1965 | 175.10 million current LCU | +13.9% |
| 1966 | 184.80 million current LCU | +5.5% |
| 1967 | 194.90 million current LCU | +5.5% |
| 1968 | 228.90 million current LCU | +17.4% |
| 1969 | 240.80 million current LCU | +5.2% |
| 1970 | 253.50 million current LCU | +5.3% |
| 1971 | 286.70 million current LCU | +13.1% |
| 1972 | 329.40 million current LCU | +14.9% |
| 1973 | 382.20 million current LCU | +16.0% |
| 1974 | 474.90 million current LCU | +24.3% |
| 1975 | 448.40 million current LCU | -5.6% |
| 1976 | 478.30 million current LCU | +6.7% |
| 1977 | 572.00 million current LCU | +19.6% |
| 1978 | 1.03 billion current LCU | +80.8% |
| 1979 | 1.16 billion current LCU | +12.6% |
| 1980 | 1.03 billion current LCU | -11.5% |
| 1981 | 1.78 billion current LCU | +72.8% |
| 1982 | 2.05 billion current LCU | +15.1% |
| 1983 | 2.95 billion current LCU | +44.0% |
| 1984 | 2.54 billion current LCU | -13.9% |
| 1985 | 4.10 billion current LCU | +61.4% |
| 1986 | 7.20 billion current LCU | +75.6% |
| 1987 | 7.36 billion current LCU | +2.2% |
| 1988 | 10.72 billion current LCU | +45.7% |
| 1989 | 24.97 billion current LCU | +132.9% |
| 1990 | 71.94 billion current LCU | +188.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 170.92 million current LCU | 121.00 million current LCU | 240.80 million current LCU | 10 |
| 1970s | 542.34 million current LCU | 253.50 million current LCU | 1.16 billion current LCU | 10 |
| 1980s | 6.47 billion current LCU | 1.03 billion current LCU | 24.97 billion current LCU | 10 |
| 1990s | 71.94 billion current LCU | 71.94 billion current LCU | 71.94 billion current LCU | 1 |
Countries ranked near Somalia
- 93 Peru 80.42 billion current LCU compare
- 94 French Polynesia 79.03 billion current LCU
- 95 Afghanistan 76.03 billion current LCU compare
- 97 Equatorial Guinea 68.75 billion current LCU
- 98 Guinea-Bissau 67.03 billion current LCU compare
- 99 Guatemala 61.91 billion current LCU
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)
- GDP deflator (base year varies by country), annual growth rate 12.88 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth -15.77 % change on previous year (1990)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.8524 current US$ per US$ of GDP (1990)
- Gross value added at basic prices (GVA) (current US$), per capita 124.12 current US$ per person (1990)
- Gross value added at basic prices (GVA) (current LCU), annual growth 211.84 % change on previous year (1990)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 1,616 current LCU per US$ of GDP (1990)
- Gross value added at basic prices (GVA) (current LCU), per capita 235,336 current LCU per person (1990)
- GDP (current US$), annual growth rate 8.59 % change on previous year (2025)
Frequently asked questions
- What is taxes less subsidies on products in Somalia?
- Taxes less subsidies on products in Somalia was 71.94 billion current LCU in 1990, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Somalia?
- The highest recorded value was 71.94 billion current LCU in 1990.
- What is the lowest taxes less subsidies on products recorded in Somalia?
- The lowest recorded value was 121.00 million current LCU in 1960.
- How does Somalia rank for taxes less subsidies on products?
- Somalia ranks 96th out of 197 countries with data for 1990.
- Is taxes less subsidies on products rising or falling in Somalia?
- Over the last ten years it is up 6,884.5%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.