Taxes less subsidies on products (current US$) in Somalia
Somalia: Taxes less subsidies on products (current US$) was 37.94 million current US$ in 1990. ▲ Rising
Taxes less subsidies on products in Somalia, 1960–1990
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current US$.
Analysis
Somalia recorded 37.94 million current US$ for taxes less subsidies on products in 1990.
That represents a change of down 22.2% on the previous year and up 6.0% over ten years.
Over the whole period, taxes less subsidies on products in Somalia peaked at 76.38 million current US$ in 1979 and was at its lowest, 16.94 million current US$, in 1960.
That places Somalia 187th out of 199 countries with data for 1990, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 31 years of available data.
Taxes less subsidies on products (current US$) in Somalia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 16.94 million current US$ | — |
| 1961 | 18.00 million current US$ | +6.3% |
| 1962 | 19.11 million current US$ | +6.1% |
| 1963 | 20.29 million current US$ | +6.2% |
| 1964 | 21.52 million current US$ | +6.1% |
| 1965 | 24.51 million current US$ | +13.9% |
| 1966 | 25.87 million current US$ | +5.5% |
| 1967 | 27.29 million current US$ | +5.5% |
| 1968 | 32.05 million current US$ | +17.4% |
| 1969 | 34.40 million current US$ | +7.3% |
| 1970 | 36.21 million current US$ | +5.3% |
| 1971 | 40.22 million current US$ | +11.1% |
| 1972 | 47.19 million current US$ | +17.3% |
| 1973 | 60.85 million current US$ | +28.9% |
| 1974 | 75.44 million current US$ | +24.0% |
| 1975 | 71.23 million current US$ | -5.6% |
| 1976 | 75.98 million current US$ | +6.7% |
| 1977 | 41.45 million current US$ | -45.4% |
| 1978 | 71.41 million current US$ | +72.3% |
| 1979 | 76.38 million current US$ | +7.0% |
| 1980 | 35.79 million current US$ | -53.1% |
| 1981 | 56.44 million current US$ | +57.7% |
| 1982 | 54.49 million current US$ | -3.4% |
| 1983 | 61.74 million current US$ | +13.3% |
| 1984 | 32.13 million current US$ | -48.0% |
| 1985 | 41.13 million current US$ | +28.0% |
| 1986 | 55.56 million current US$ | +35.1% |
| 1987 | 44.22 million current US$ | -20.4% |
| 1988 | 39.21 million current US$ | -11.3% |
| 1989 | 48.75 million current US$ | +24.4% |
| 1990 | 37.94 million current US$ | -22.2% |
Somalia compared with similar countries
- Somalia's 37.94 million current US$ is below the median for low income countries, which is 868.01 million current US$, 4% of the median. (22 countries reporting)
- Somalia's 37.94 million current US$ is below the median for Sub-Saharan Africa, which is 1.04 billion current US$, 4% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 24.00 million current US$ | 16.94 million current US$ | 34.40 million current US$ | 10 |
| 1970s | 59.64 million current US$ | 36.21 million current US$ | 76.38 million current US$ | 10 |
| 1980s | 46.94 million current US$ | 32.13 million current US$ | 61.74 million current US$ | 10 |
| 1990s | 37.94 million current US$ | 37.94 million current US$ | 37.94 million current US$ | 1 |
Countries ranked near Somalia
- 184 Eritrea 51.71 million current US$
- 185 Micronesia (country) 44.46 million current US$ compare
- 186 Palau 40.13 million current US$
- 188 Solomon Islands 31.51 million current US$ compare
- 189 Isle of Man 22.25 million current US$
- 190 Marshall Islands 12.05 million current US$
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 in Somalia?
- Taxes less subsidies on products in Somalia was 37.94 million current US$ 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 76.38 million current US$ in 1979.
- What is the lowest taxes less subsidies on products recorded in Somalia?
- The lowest recorded value was 16.94 million current US$ in 1960.
- How does Somalia rank for taxes less subsidies on products?
- Somalia ranks 187th out of 199 countries with data for 1990.
- Is taxes less subsidies on products rising or falling in Somalia?
- Over the last ten years it is up 6.0%. The long-run trend across the full record is rising.
- 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 US$). 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 indicator is expressed in United States dollars.