Total Expenditure (central government) — Value US$, 2015 prices in Somalia
Somalia: Total Expenditure (central government) — Value US$, 2015 prices was 866.7 million USD in 2024. ▲ Rising
Total Expenditure (central government) — Value US$, 2015 prices in Somalia, 2017–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, total expenditure (central government) — value us$, 2015 prices in Somalia stood at 866.7 million USD. That is the highest value across all 8 years on record.
That represents a change of up 38.7% on the previous year and up 244.0% over ten years.
That places Somalia 144th out of 173 countries with data for 2024, putting it in the bottom quarter.
Total Expenditure (central government) — Value US$, 2015 prices in Somalia, year by year
| Year | million USD | Change |
|---|---|---|
| 2017 | 251.98 million USD | — |
| 2018 | 297.43 million USD | +18.0% |
| 2019 | 326.91 million USD | +9.9% |
| 2020 | 490.5 million USD | +50.0% |
| 2021 | 437.06 million USD | -10.9% |
| 2022 | 645.9 million USD | +47.8% |
| 2023 | 624.7 million USD | -3.3% |
| 2024 | 866.7 million USD | +38.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 292.11 million USD | 251.98 million USD | 326.91 million USD | 3 |
| 2020s | 612.97 million USD | 437.06 million USD | 866.7 million USD | 5 |
Countries ranked near Somalia
More economy & growth data for Somalia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.52 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- GDP (current US$), 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 total expenditure (central government) — value us$, 2015 prices in Somalia?
- Total expenditure (central government) — value us$, 2015 prices in Somalia was 866.7 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value us$, 2015 prices recorded in Somalia?
- The highest recorded value was 866.7 million USD in 2024.
- What is the lowest total expenditure (central government) — value us$, 2015 prices recorded in Somalia?
- The lowest recorded value was 251.98 million USD in 2017.
- How does Somalia rank for total expenditure (central government) — value us$, 2015 prices?
- Somalia ranks 144th out of 173 countries with data for 2024.
- Is total expenditure (central government) — value us$, 2015 prices rising or falling in Somalia?
- Over the last ten years it is up 244.0%. 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 US$, 2015 prices. 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.