Total government revenue (budgetary central government) as a in Somalia
Somalia: Total government revenue (budgetary central government) as a was 24.2% in 2023. ◆ Volatile
Latest (2023)
24.2%
Change on year
up 239.0%
World rank
123rd
of 182 countries
All-time high
24.2%
in 2023
All-time low
4.1%
in 2017
Years of data
5
2017–2023
Total government revenue (budgetary central government) as a in Somalia, 2017–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2023, total government revenue (budgetary central government) as a in Somalia stood at 24.2%. That is the highest value across all 5 years on record.
The figure is up 239.0% on the previous year and up 492.9% over ten years.
Somalia ranks 123rd of 182 countries on this measure, in the middle of the range.
Total government revenue (budgetary central government) as a in Somalia, year by year
| Year | Value | Change |
|---|---|---|
| 2017 | 4.1% | — |
| 2018 | 4.7% | +15.8% |
| 2019 | 5.7% | +19.4% |
| 2020 | 7.1% | +26.5% |
| 2023 | 24.2% | +239.0% |
Somalia compared with similar countries
- Somalia's 24.2% is above the median for low income countries, which is 20.3%, 1.2× the median. (16 countries reporting)
- Somalia's 24.2% is above the median for Sub-Saharan Africa, which is 20.8%, 1.2× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 4.8% | 4.1% | 5.7% | 3 |
| 2020s | 15.7% | 7.1% | 24.2% | 2 |
Countries ranked near Somalia
- 120 Burkina Faso 24.7% compare
- 121 Saint Lucia 24.6%
- 122 Mauritius 24.2% compare
- 124 Fiji 24.2% compare
- 125 Trinidad and Tobago 23.9%
- 126 Honduras 23.6%
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)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 765.00 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 13.08 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0639 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 40.24 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -0.3355 % change on previous year (1989)
- Total reserves (includes gold, current US$), per unit of GDP 0.0196 includes gold, current US$ per US$ of GDP (1989)
- Total reserves (includes gold, current US$), per capita 3.25 includes gold, current US$ per person (1989)
- Total reserves minus gold (current US$), annual growth rate 0.6536 % change on previous year (1989)
Frequently asked questions
- What is total government revenue (budgetary central government) as a in Somalia?
- Total government revenue (budgetary central government) as a in Somalia was 24.2% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest total government revenue (budgetary central government) as a recorded in Somalia?
- The highest recorded value was 24.2% in 2023.
- What is the lowest total government revenue (budgetary central government) as a recorded in Somalia?
- The lowest recorded value was 4.1% in 2017.
- How does Somalia rank for total government revenue (budgetary central government) as a?
- Somalia ranks 123rd out of 182 countries with data for 2023.
- Is total government revenue (budgetary central government) as a rising or falling in Somalia?
- Over the last ten years it is up 492.9%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Total government revenue (budgetary central government) as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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