Tax revenue (% of GDP) in Somalia
Somalia: Tax revenue (% of GDP) was 2.2% in 2024. ▬ Flat
Tax revenue in Somalia, 2017–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for tax revenue in Somalia is 2.2%, measured in 2024.
That represents a change of up 8.2% on the previous year and up 19.7% over ten years.
Somalia ranks 154th of 157 countries on this measure, in the bottom quarter.
Tax revenue (% of GDP) in Somalia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2017 | 1.9% | — |
| 2018 | 2.3% | +21.8% |
| 2019 | 2.0% | -12.1% |
| 2020 | 1.6% | -19.2% |
| 2021 | 1.7% | +6.1% |
| 2022 | 1.8% | +3.7% |
| 2023 | 2.1% | +16.2% |
| 2024 | 2.2% | +8.2% |
Somalia compared with similar countries
- Somalia's 2.2% is below the median for low income countries, which is 11.4%, 20% of the median. (16 countries reporting)
- Somalia's 2.2% is below the median for Sub-Saharan Africa, which is 12.6%, 18% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.0% | 1.9% | 2.3% | 3 |
| 2020s | 1.9% | 1.6% | 2.2% | 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 tax revenue in Somalia?
- Tax revenue in Somalia was 2.2% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Somalia?
- The highest recorded value was 2.3% in 2018.
- What is the lowest tax revenue recorded in Somalia?
- The lowest recorded value was 1.6% in 2020.
- How does Somalia rank for tax revenue?
- Somalia ranks 154th out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Somalia?
- Over the last ten years it is up 19.7%. The long-run trend across the full record is flat.
- 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 Tax revenue (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 8 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.