Somalia vs Tanzania: Goods and services expense (current LCU)
Goods and services expense (current LCU) over time
- Somalia
- Tanzania
How they compare
Somalia currently reports 5.75 trillion current LCU against 5.30 trillion current LCU in Tanzania, a difference of 446.51 billion current LCU.
That makes Somalia's figure about 1.1 times Tanzania's.
The two have swapped places 3 times across 8 shared years of data; in 2017 it was Tanzania ahead.
Somalia ranks 12th and Tanzania ranks 13th of 155 countries.
Across the 2 decades both report, Somalia averaged higher in 1 and Tanzania in 1.
Head to head by decade
| Decade | Somalia | Tanzania | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 2.10 trillion current LCU | 2.29 trillion current LCU | 188.34 billion current LCU | Tanzania |
| 2020s | 3.62 trillion current LCU | 3.57 trillion current LCU | 54.04 billion current LCU | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher goods and services expense, Somalia or Tanzania?
- Somalia, at 5.75 trillion current LCU against 5.30 trillion current LCU in Tanzania as of 2024.
- What is the difference in goods and services expense between Somalia and Tanzania?
- 446.51 billion current LCU, with Somalia ahead.
- How many years of comparable data are there for Somalia and Tanzania?
- 8 years are reported by both, from 2017 to 2024.
- How do Somalia and Tanzania rank globally for goods and services expense?
- Somalia ranks 12th and Tanzania ranks 13th of 155 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Goods and services expense (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.