Customs and other import duties in Somalia
Somalia: Customs and other import duties was 62.6% in 2024. ▲ Rising
Customs and other import duties in Somalia, 2017–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of tax revenue.
Analysis
The most recent figure for customs and other import duties in Somalia is 62.6%, measured in 2024.
The figure is down 7.4% on the previous year and down 3.4% over ten years.
That places Somalia 3rd out of 151 countries with data for 2024, putting it in the top 10%.
Customs and other import duties in Somalia, year by year
| Year | % of tax revenue | Change |
|---|---|---|
| 2017 | 64.8% | — |
| 2018 | 55.6% | -14.2% |
| 2019 | 55.7% | +0.3% |
| 2020 | 65.2% | +17.0% |
| 2021 | 67.0% | +2.6% |
| 2022 | 63.9% | -4.5% |
| 2023 | 67.6% | +5.7% |
| 2024 | 62.6% | -7.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 58.7% | 55.6% | 64.8% | 3 |
| 2020s | 65.3% | 62.6% | 67.6% | 5 |
Countries ranked near Somalia
More public sector data for Somalia
- Arms imports 4.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 0.2104 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0003 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 0 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 4.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 10.62 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0169 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 43.19 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 201.85 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 6.38 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is customs and other import duties in Somalia?
- Customs and other import duties in Somalia was 62.6% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Somalia?
- The highest recorded value was 67.6% in 2023.
- What is the lowest customs and other import duties recorded in Somalia?
- The lowest recorded value was 55.6% in 2018.
- How does Somalia rank for customs and other import duties?
- Somalia ranks 3rd out of 151 countries with data for 2024.
- Is customs and other import duties rising or falling in Somalia?
- Over the last ten years it is down 3.4%. The long-run trend across the full record is rising.
- Where does this Somalia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Customs and other import duties (% of tax revenue). Statizoid updates them automatically from the source API.
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About this data
Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. This indicator is expressed as a percentage of tax revenue which includes compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.