Grants and other revenue (current LCU) in Somalia
Somalia: Grants and other revenue (current LCU) was 18.13 trillion current LCU in 2024. ◆ Volatile
Grants and other revenue in Somalia, 2017–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, grants and other revenue in Somalia stood at 18.13 trillion current LCU.
Compared with earlier readings it is down 69.7% on the previous year and up 642.4% over ten years.
Somalia ranks 9th of 154 countries on this measure, in the top 10%.
Grants and other revenue (current LCU) in Somalia, year by year
| Year | current LCU | Change |
|---|---|---|
| 2017 | 2.44 trillion current LCU | — |
| 2018 | 2.32 trillion current LCU | -4.9% |
| 2019 | 4.15 trillion current LCU | +78.7% |
| 2020 | 9.45 trillion current LCU | +127.7% |
| 2021 | 5.57 trillion current LCU | -41.1% |
| 2022 | 14.50 trillion current LCU | +160.4% |
| 2023 | 59.90 trillion current LCU | +313.2% |
| 2024 | 18.13 trillion current LCU | -69.7% |
Somalia compared with similar countries
- Somalia's 18.13 trillion current LCU is above the median for low income countries, which is 431.94 billion current LCU, 42.0× the median. (16 countries reporting)
- Somalia's 18.13 trillion current LCU is above the median for Sub-Saharan Africa, which is 247.45 billion current LCU, 73.3× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.97 trillion current LCU | 2.32 trillion current LCU | 4.15 trillion current LCU | 3 |
| 2020s | 21.51 trillion current LCU | 5.57 trillion current LCU | 59.90 trillion current LCU | 5 |
Countries ranked near Somalia
More public sector data for Somalia
- Democracy, annual growth rate -100 % change on previous year (1991)
- Chief executive of the government is elected, annual growth rate -100 % change on previous year (1991)
- Elected parliament, annual growth rate -100 % change on previous year (1991)
- Men's universal right to vote, annual growth rate -100 % change on previous year (2012)
- Universal right to vote, annual growth rate -100 % change on previous year (2012)
- Universal right to vote in practice, annual growth rate -100 % change on previous year (1991)
- Arms imports 2.00 million SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is grants and other revenue in Somalia?
- Grants and other revenue in Somalia was 18.13 trillion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest grants and other revenue recorded in Somalia?
- The highest recorded value was 59.90 trillion current LCU in 2023.
- What is the lowest grants and other revenue recorded in Somalia?
- The lowest recorded value was 2.32 trillion current LCU in 2018.
- How does Somalia rank for grants and other revenue?
- Somalia ranks 9th out of 154 countries with data for 2024.
- Is grants and other revenue rising or falling in Somalia?
- Over the last ten years it is up 642.4%. The long-run trend across the full record is volatile.
- 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 Grants and other revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Grants are transfers receivable by government units, from other resident or nonresident government units or international organizations, that do not meet the definition of a tax, subsidy, or social contribution. Other revenue is all revenue receivable excluding taxes, social contributions, and grants. This category of revenue includes property income, sales of goods and services, and miscellaneous other types of revenue. 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.