Taxes less subsidies on products (current US$), annual growth rate in Somalia
Somalia: Taxes less subsidies on products (current US$), annual growth rate was -22.18 % change on previous year in 1990. ◆ Volatile
Taxes less subsidies on products (current US$), annual growth rate in Somalia, 1961–1990
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 1990, taxes less subsidies on products (current us$), annual growth rate in Somalia stood at -22.18 % change on previous year.
Compared with earlier readings it is down 191.1% on the previous year and up 58.3% over ten years.
Over the whole period, taxes less subsidies on products (current us$), annual growth rate in Somalia peaked at 72.28 % change on previous year in 1978 and was at its lowest, -53.14 % change on previous year, in 1980.
Somalia ranks 192nd of 197 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes less subsidies on products (current US$), annual growth rate in Somalia, year by year
| 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 | 7.35 % change on previous year | -57.9% |
| 1970 | 5.27 % change on previous year | -28.2% |
| 1971 | 11.06 % change on previous year | +109.6% |
| 1972 | 17.34 % change on previous year | +56.8% |
| 1973 | 28.93 % change on previous year | +66.9% |
| 1974 | 23.99 % change on previous year | -17.1% |
| 1975 | -5.58 % change on previous year | -123.3% |
| 1976 | 6.67 % change on previous year | -219.5% |
| 1977 | -45.45 % change on previous year | -781.6% |
| 1978 | 72.28 % change on previous year | -259.0% |
| 1979 | 6.96 % change on previous year | -90.4% |
| 1980 | -53.14 % change on previous year | -863.7% |
| 1981 | 57.7 % change on previous year | -208.6% |
| 1982 | -3.44 % change on previous year | -106.0% |
| 1983 | 13.29 % change on previous year | -486.0% |
| 1984 | -47.96 % change on previous year | -460.8% |
| 1985 | 28.02 % change on previous year | -158.4% |
| 1986 | 35.08 % change on previous year | +25.2% |
| 1987 | -20.41 % change on previous year | -158.2% |
| 1988 | -11.33 % change on previous year | -44.5% |
| 1989 | 24.36 % change on previous year | -314.9% |
| 1990 | -22.18 % change on previous year | -191.1% |
Somalia compared with similar countries
- Somalia's -22.18 % change on previous year is below the median for low income countries, which is 13.24 % change on previous year. (22 countries reporting)
- Somalia's -22.18 % change on previous year is below the median for Sub-Saharan Africa, which is 11.43 % change on previous year. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.26 % change on previous year | 5.47 % change on previous year | 17.44 % change on previous year | 9 |
| 1970s | 12.15 % change on previous year | -45.45 % change on previous year | 72.28 % change on previous year | 10 |
| 1980s | 2.22 % change on previous year | -53.14 % change on previous year | 57.7 % change on previous year | 10 |
| 1990s | -22.18 % change on previous year | -22.18 % change on previous year | -22.18 % change on previous year | 1 |
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)
- 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)
- IMF holdings of currency, US dollar, per unit of GDP 0.0172 units per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products (current us$), annual growth rate in Somalia?
- Taxes less subsidies on products (current us$), annual growth rate in Somalia was -22.18 % change on previous year in 1990, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), annual growth rate recorded in Somalia?
- The highest recorded value was 72.28 % change on previous year in 1978.
- What is the lowest taxes less subsidies on products (current us$), annual growth rate recorded in Somalia?
- The lowest recorded value was -53.14 % change on previous year in 1980.
- How does Somalia rank for taxes less subsidies on products (current us$), annual growth rate?
- Somalia ranks 192nd out of 197 countries with data for 1990.
- Is taxes less subsidies on products (current us$), annual growth rate rising or falling in Somalia?
- Over the last ten years it is up 58.3%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes less subsidies on products 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
The year-on-year percentage change in Taxes less subsidies on products (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.