Somalia vs Sri Lanka: Taxes on goods and services
Taxes on goods and services over time
- Somalia
- Sri Lanka
How they compare
Somalia currently reports 1.48 trillion current LCU against 1.42 trillion current LCU in Sri Lanka, a difference of 61.12 billion current LCU.
The two have swapped places 1 time across 7 shared years of data; in 2017 it was Somalia ahead.
Somalia ranks 31st and Sri Lanka ranks 33rd of 157 countries.
Somalia has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Somalia | Sri Lanka | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 1.31 trillion current LCU | 1.02 trillion current LCU | 289.93 billion current LCU | Somalia |
| 2020s | 950.84 billion current LCU | 875.98 billion current LCU | 74.86 billion current LCU | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on goods and services, Somalia or Sri Lanka?
- Somalia, at 1.48 trillion current LCU against 1.42 trillion current LCU in Sri Lanka as of 2024.
- What is the difference in taxes on goods and services between Somalia and Sri Lanka?
- 61.12 billion current LCU, with Somalia ahead.
- How many years of comparable data are there for Somalia and Sri Lanka?
- 7 years are reported by both, from 2017 to 2023.
- How do Somalia and Sri Lanka rank globally for taxes on goods and services?
- Somalia ranks 31st and Sri Lanka ranks 33rd of 157 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on goods and services (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
General taxes on goods and services are taxes levied on the production, leasing, delivery, sale, purchase or other change of ownership of a wide range of goods and the provision of a wide range of services. 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.