Revenue, excluding grants (current LCU), annual growth rate in Somalia
Somalia: Revenue, excluding grants (current LCU), annual growth rate was 15.77 % change on previous year in 2024. ◆ Volatile
Revenue, excluding grants (current LCU), annual growth rate in Somalia, 2018–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Somalia recorded 15.77 % change on previous year for revenue, excluding grants (current lcu), annual growth rate in 2024.
That represents a change of down 42.2% on the previous year and down 52.7% over ten years.
That places Somalia 46th out of 156 countries with data for 2024, putting it in the middle of the range.
Revenue, excluding grants (current LCU), annual growth rate in Somalia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2018 | 33.35 % change on previous year | — |
| 2019 | 31.06 % change on previous year | -6.9% |
| 2020 | -5.48 % change on previous year | -117.6% |
| 2021 | 9.83 % change on previous year | -279.3% |
| 2022 | 17.91 % change on previous year | +82.3% |
| 2023 | 27.28 % change on previous year | +52.3% |
| 2024 | 15.77 % change on previous year | -42.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 32.21 % change on previous year | 31.06 % change on previous year | 33.35 % change on previous year | 2 |
| 2020s | 13.06 % change on previous year | -5.48 % change on previous year | 27.28 % change on previous year | 5 |
Countries ranked near Somalia
- 43 Uzbekistan 16.33 % change on previous year compare
- 44 Romania 16.32 % change on previous year compare
- 45 Kenya 16.16 % change on previous year compare
- 47 Philippines 15.5 % change on previous year compare
- 48 Nepal 14.91 % change on previous year
- 49 India 14.6 % change on previous year
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 revenue, excluding grants (current lcu), annual growth rate in Somalia?
- Revenue, excluding grants (current lcu), annual growth rate in Somalia was 15.77 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest revenue, excluding grants (current lcu), annual growth rate recorded in Somalia?
- The highest recorded value was 33.35 % change on previous year in 2018.
- What is the lowest revenue, excluding grants (current lcu), annual growth rate recorded in Somalia?
- The lowest recorded value was -5.48 % change on previous year in 2020.
- How does Somalia rank for revenue, excluding grants (current lcu), annual growth rate?
- Somalia ranks 46th out of 156 countries with data for 2024.
- Is revenue, excluding grants (current lcu), annual growth rate rising or falling in Somalia?
- Over the last ten years it is down 52.7%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from Statizoid (derived), published as part of Revenue, excluding grants (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Revenue, excluding grants (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Revenue, excluding grants Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Revenue, excluding grants (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.