Somalia vs Turkey: Tax revenue (current LCU)

Somalia
7.53 trillion current LCU
in 2024
Turkey
7.86 trillion current LCU
in 2024
Somalia rank
24th
Turkey rank
23rd

Tax revenue (current LCU) over time

  • Somalia
  • Turkey
02.0T4.0T6.0T8.0T197219982024

How they compare

Turkey currently reports 7.86 trillion current LCU against 7.53 trillion current LCU in Somalia, a difference of 325.13 billion current LCU.

The two have swapped places 1 time across 8 shared years of data; in 2017 it was Somalia ahead.

Somalia ranks 24th and Turkey ranks 23rd of 157 countries.

Somalia has averaged higher in every one of the 2 decades both report.

Head to head by decade

Decade Somalia Turkey Difference Ahead
2010s 3.98 trillion current LCU 646.04 billion current LCU 3.33 trillion current LCU Somalia
2020s 5.28 trillion current LCU 3.53 trillion current LCU 1.76 trillion current LCU Somalia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher tax revenue, Somalia or Turkey?
Turkey, at 7.86 trillion current LCU against 7.53 trillion current LCU in Somalia as of 2024.
What is the difference in tax revenue between Somalia and Turkey?
325.13 billion current LCU, with Turkey ahead.
How many years of comparable data are there for Somalia and Turkey?
8 years are reported by both, from 2017 to 2024.
How do Somalia and Turkey rank globally for tax revenue?
Somalia ranks 24th and Turkey ranks 23rd of 157 countries.
Where does this data come from?
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Tax revenue (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Somalia vs Turkey: Tax revenue. Statizoid, drawing on Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Retrieved 08 November 2026, from https://public-sector.statizoid.com/compare/tax-revenue-current-lcu/somalia-fed-rep/turkiye/

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About this data

Indicator
Tax revenue (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
157 places, 4,715 data points, 1972–2024
Last refreshed

Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.