Taxes on goods and services gdp in Somalia
Somalia: Taxes on goods and services gdp was 0.3689 in 2023. ▲ Rising
Latest (2023)
0.3689
Change on year
up 45.9%
World rank
183rd
of 186 countries
All-time high
0.4681
in 2018
All-time low
0.0691
in 2016
Years of data
11
2013–2023
Taxes on goods and services gdp in Somalia, 2013–2023
Source: Our World in Data.
Analysis
In 2023, taxes on goods and services gdp in Somalia stood at 0.3689.
Compared with earlier readings it is up 45.9% on the previous year and up 252.6% over ten years.
Over the whole period, taxes on goods and services gdp in Somalia peaked at 0.4681 in 2018 and was at its lowest, 0.0691, in 2016.
That places Somalia 183rd out of 186 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Taxes on goods and services gdp in Somalia, year by year
| Year | Value | Change |
|---|---|---|
| 2013 | 0.1046 | — |
| 2014 | 0.1429 | +36.5% |
| 2015 | 0.1522 | +6.5% |
| 2016 | 0.0691 | -54.6% |
| 2017 | 0.1974 | +185.7% |
| 2018 | 0.4681 | +137.2% |
| 2019 | 0.2888 | -38.3% |
| 2020 | 0.2469 | -14.5% |
| 2021 | 0.2467 | -0.1% |
| 2022 | 0.2529 | +2.5% |
| 2023 | 0.3689 | +45.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.2033 | 0.0691 | 0.4681 | 7 |
| 2020s | 0.2789 | 0.2467 | 0.3689 | 4 |
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)
- GDP (current US$), annual growth rate 8.59 % change on previous year (2025)
- GDP (current US$), per capita 661.17 current US$ per person (2025)
- GDP (current LCU), annual growth rate 16.26 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 30,103 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 19.90 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 2.99 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.704 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 465.44 constant 2015 US$ per person (2025)
Frequently asked questions
- What is taxes on goods and services gdp in Somalia?
- Taxes on goods and services gdp in Somalia was 0.3689 in 2023, according to Our World in Data.
- What is the highest taxes on goods and services gdp recorded in Somalia?
- The highest recorded value was 0.4681 in 2018.
- What is the lowest taxes on goods and services gdp recorded in Somalia?
- The lowest recorded value was 0.0691 in 2016.
- How does Somalia rank for taxes on goods and services gdp?
- Somalia ranks 183rd out of 186 countries with data for 2023.
- Is taxes on goods and services gdp rising or falling in Somalia?
- Over the last ten years it is up 252.6%. The long-run trend across the full record is rising.
- Where does this Somalia data come from?
- The figures come from Our World in Data, published as part of Taxes on goods and services gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (Our World in Data).