Grants and other revenue in Somalia
Somalia: Grants and other revenue was 70.6% in 2024. ▲ Rising
Grants and other revenue in Somalia, 2017–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of revenue.
Analysis
In 2024, grants and other revenue in Somalia stood at 70.6%.
The figure is down 22.1% on the previous year and up 65.9% over ten years.
That places Somalia 11th out of 154 countries with data for 2024, putting it in the top 10%.
Grants and other revenue in Somalia, year by year
| Year | % of revenue | Change |
|---|---|---|
| 2017 | 42.6% | — |
| 2018 | 35.1% | -17.6% |
| 2019 | 48.9% | +39.3% |
| 2020 | 72.4% | +48.2% |
| 2021 | 56.8% | -21.6% |
| 2022 | 74.8% | +31.8% |
| 2023 | 90.7% | +21.2% |
| 2024 | 70.6% | -22.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 42.2% | 35.1% | 48.9% | 3 |
| 2020s | 73.1% | 56.8% | 90.7% | 5 |
Countries ranked near Somalia
- 8 Marshall Islands 75.8%
- 9 Equatorial Guinea 75.1% compare
- 10 United Arab Emirates 73.7% compare
- 12 Saudi Arabia 69.8% compare
- 13 Congo 68.3% compare
- 14 Palau 63.3%
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 grants and other revenue in Somalia?
- Grants and other revenue in Somalia was 70.6% 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 90.7% in 2023.
- What is the lowest grants and other revenue recorded in Somalia?
- The lowest recorded value was 35.1% in 2018.
- How does Somalia rank for grants and other revenue?
- Somalia ranks 11th 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 65.9%. 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 Grants and other revenue (% of revenue). 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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.