Total Expenditure (central government) — Value Standard Local Currency in Somalia
Somalia: Total Expenditure (central government) — Value Standard Local Currency was 1,079 million SLC in 2024. ▲ Rising
Total Expenditure (central government) — Value Standard Local Currency in Somalia, 2017–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for total expenditure (central government) — value standard local currency in Somalia is 1,079 million SLC, measured in 2024. That is the highest value across all 8 years on record.
That represents a change of up 52.1% on the previous year and up 339.5% over ten years.
Somalia ranks 161st of 174 countries on this measure, in the bottom quarter.
Total Expenditure (central government) — Value Standard Local Currency in Somalia, year by year
| Year | million SLC | Change |
|---|---|---|
| 2017 | 245.57 million SLC | — |
| 2018 | 268.52 million SLC | +9.3% |
| 2019 | 315.51 million SLC | +17.5% |
| 2020 | 485.3 million SLC | +53.8% |
| 2021 | 459.43 million SLC | -5.3% |
| 2022 | 711.04 million SLC | +54.8% |
| 2023 | 709.44 million SLC | -0.2% |
| 2024 | 1,079 million SLC | +52.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 276.53 million SLC | 245.57 million SLC | 315.51 million SLC | 3 |
| 2020s | 688.9 million SLC | 459.43 million SLC | 1,079 million SLC | 5 |
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 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 total expenditure (central government) — value standard local currency in Somalia?
- Total expenditure (central government) — value standard local currency in Somalia was 1,079 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value standard local currency recorded in Somalia?
- The highest recorded value was 1,079 million SLC in 2024.
- What is the lowest total expenditure (central government) — value standard local currency recorded in Somalia?
- The lowest recorded value was 245.57 million SLC in 2017.
- How does Somalia rank for total expenditure (central government) — value standard local currency?
- Somalia ranks 161st out of 174 countries with data for 2024.
- Is total expenditure (central government) — value standard local currency rising or falling in Somalia?
- Over the last ten years it is up 339.5%. The long-run trend across the full record is rising.
- Where does this Somalia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 8 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.