Subsidies and other transfers (% of expense) in Somalia
Somalia: Subsidies and other transfers (% of expense) was 32.2% in 2023. ◆ Volatile
Subsidies and other transfers in Somalia, 2017–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, subsidies and other transfers in Somalia stood at 32.2%.
That represents a change of down 1.4% on the previous year and up 300.9% over ten years.
That places Somalia 97th out of 152 countries with data for 2023, putting it in the middle of the range.
Subsidies and other transfers (% of expense) in Somalia, year by year
| Year | % of expense | Change |
|---|---|---|
| 2017 | 8.0% | — |
| 2018 | 11.8% | +47.0% |
| 2019 | 14.9% | +26.3% |
| 2020 | 32.7% | +119.1% |
| 2023 | 32.2% | -1.4% |
Somalia compared with similar countries
- Somalia's 32.2% is above the median for low income countries, which is 25.7%, 1.3× the median. (14 countries reporting)
- Somalia's 32.2% is above the median for Sub-Saharan Africa, which is 25.7%, 1.3× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 11.6% | 8.0% | 14.9% | 3 |
| 2020s | 32.4% | 32.2% | 32.7% | 2 |
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 subsidies and other transfers in Somalia?
- Subsidies and other transfers in Somalia was 32.2% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Somalia?
- The highest recorded value was 32.7% in 2020.
- What is the lowest subsidies and other transfers recorded in Somalia?
- The lowest recorded value was 8.0% in 2017.
- How does Somalia rank for subsidies and other transfers?
- Somalia ranks 97th out of 152 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Somalia?
- Over the last ten years it is up 300.9%. 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 Subsidies and other transfers (% of expense). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.