Taxes less subsidies on products (current US$), per unit of GDP (unit) in Somalia
Somalia: Taxes less subsidies on products (current US$), per unit of GDP (unit) was 0.0368 current US$ per US$ of GDP in 1990. ▼ Falling
Taxes less subsidies on products (current US$), per unit of GDP in Somalia, 1960–1990
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 1990, taxes less subsidies on products (current us$), per unit of gdp in Somalia stood at 0.0368 current US$ per US$ of GDP. That is the lowest value across all 31 years on record.
That represents a change of down 10.9% on the previous year and down 38.1% over ten years.
Over the whole period, taxes less subsidies on products (current us$), per unit of gdp in Somalia peaked at 0.1318 current US$ per US$ of GDP in 1974 and was at its lowest, 0.0368 current US$ per US$ of GDP, in 1990.
That places Somalia 162nd out of 197 countries with data for 1990, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 31 years of available data.
Taxes less subsidies on products (current US$), per unit of GDP (unit) in Somalia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1960 | 0.0939 current US$ per US$ of GDP | — |
| 1961 | 0.0939 current US$ per US$ of GDP | +0.1% |
| 1962 | 0.0939 current US$ per US$ of GDP | -0.0% |
| 1963 | 0.0939 current US$ per US$ of GDP | -0.0% |
| 1964 | 0.0937 current US$ per US$ of GDP | -0.1% |
| 1965 | 0.1006 current US$ per US$ of GDP | +7.3% |
| 1966 | 0.1005 current US$ per US$ of GDP | -0.1% |
| 1967 | 0.1004 current US$ per US$ of GDP | -0.1% |
| 1968 | 0.1118 current US$ per US$ of GDP | +11.3% |
| 1969 | 0.1123 current US$ per US$ of GDP | +0.5% |
| 1970 | 0.1041 current US$ per US$ of GDP | -7.3% |
| 1971 | 0.1159 current US$ per US$ of GDP | +11.4% |
| 1972 | 0.1054 current US$ per US$ of GDP | -9.1% |
| 1973 | 0.1258 current US$ per US$ of GDP | +19.4% |
| 1974 | 0.1318 current US$ per US$ of GDP | +4.8% |
| 1975 | 0.0941 current US$ per US$ of GDP | -28.6% |
| 1976 | 0.0872 current US$ per US$ of GDP | -7.3% |
| 1977 | 0.0831 current US$ per US$ of GDP | -4.7% |
| 1978 | 0.1265 current US$ per US$ of GDP | +52.1% |
| 1979 | 0.1295 current US$ per US$ of GDP | +2.4% |
| 1980 | 0.0594 current US$ per US$ of GDP | -54.2% |
| 1981 | 0.0807 current US$ per US$ of GDP | +35.9% |
| 1982 | 0.0704 current US$ per US$ of GDP | -12.8% |
| 1983 | 0.0839 current US$ per US$ of GDP | +19.3% |
| 1984 | 0.0408 current US$ per US$ of GDP | -51.4% |
| 1985 | 0.047 current US$ per US$ of GDP | +15.1% |
| 1986 | 0.0606 current US$ per US$ of GDP | +29.1% |
| 1987 | 0.0434 current US$ per US$ of GDP | -28.4% |
| 1988 | 0.0373 current US$ per US$ of GDP | -14.1% |
| 1989 | 0.0413 current US$ per US$ of GDP | +10.7% |
| 1990 | 0.0368 current US$ per US$ of GDP | -10.9% |
Somalia compared with similar countries
- Somalia's 0.0368 current US$ per US$ of GDP is below the median for low income countries, which is 0.0567 current US$ per US$ of GDP, 65% of the median. (22 countries reporting)
- Somalia's 0.0368 current US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.0712 current US$ per US$ of GDP, 52% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.0995 current US$ per US$ of GDP | 0.0937 current US$ per US$ of GDP | 0.1123 current US$ per US$ of GDP | 10 |
| 1970s | 0.1103 current US$ per US$ of GDP | 0.0831 current US$ per US$ of GDP | 0.1318 current US$ per US$ of GDP | 10 |
| 1980s | 0.0565 current US$ per US$ of GDP | 0.0373 current US$ per US$ of GDP | 0.0839 current US$ per US$ of GDP | 10 |
| 1990s | 0.0368 current US$ per US$ of GDP | 0.0368 current US$ per US$ of GDP | 0.0368 current US$ per US$ of GDP | 1 |
Countries ranked near Somalia
- 159 Democratic Republic of Congo 0.039 current US$ per US$ of GDP compare
- 160 Ethiopia 0.0381 current US$ per US$ of GDP compare
- 161 Gabon 0.0372 current US$ per US$ of GDP
- 163 Bermuda 0.0362 current US$ per US$ of GDP
- 164 Zambia 0.0353 current US$ per US$ of GDP compare
- 165 United States 0.035 current US$ 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 us$), per unit of gdp in Somalia?
- Taxes less subsidies on products (current us$), per unit of gdp in Somalia was 0.0368 current US$ per US$ of GDP in 1990, according to Statizoid (derived).
- What is the highest taxes less subsidies on products (current us$), per unit of gdp recorded in Somalia?
- The highest recorded value was 0.1318 current US$ per US$ of GDP in 1974.
- What is the lowest taxes less subsidies on products (current us$), per unit of gdp recorded in Somalia?
- The lowest recorded value was 0.0368 current US$ per US$ of GDP in 1990.
- How does Somalia rank for taxes less subsidies on products (current us$), per unit of gdp?
- Somalia ranks 162nd out of 197 countries with data for 1990.
- Is taxes less subsidies on products (current us$), per unit of gdp rising or falling in Somalia?
- Over the last ten years it is down 38.1%. The long-run trend across the full record is falling.
- Where does this Somalia data come from?
- The figures come from Statizoid (derived), published as part of Taxes less subsidies on products (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes less subsidies on products (current US$) ÷ GDP (current US$)
Computed from
- Taxes less subsidies on products Country official statistics, National Statistical Organizations and/or Central Banks
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Taxes less subsidies on products (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.