Taxes on goods and services (current LCU), gaps filled in Somalia
Somalia: Taxes on goods and services (current LCU), gaps filled was 1.48 trillion current LCU in 2024. ▼ Falling
Taxes on goods and services (current LCU), gaps filled in Somalia, 2017–2024
Source: Statizoid (derived). Measured in current LCU.
Analysis
Somalia recorded 1.48 trillion current LCU for taxes on goods and services (current lcu), gaps filled in 2024.
Compared with earlier readings it is up 34.1% on the previous year and up 38.2% over ten years.
That places Somalia 31st out of 157 countries with data for 2024, putting it in the top quarter.
Taxes on goods and services (current LCU), gaps filled in Somalia, year by year
| Year | current LCU | Change |
|---|---|---|
| 2017 | 1.07 trillion current LCU | — |
| 2018 | 1.68 trillion current LCU | +56.8% |
| 2019 | 1.18 trillion current LCU | -29.6% |
| 2020 | 832.49 billion current LCU | -29.4% |
| 2021 | 989.55 billion current LCU | +18.9% |
| 2022 | 879.53 billion current LCU | -11.1% |
| 2023 | 1.10 trillion current LCU | +25.3% |
| 2024 | 1.48 trillion current LCU | +34.1% |
Somalia compared with similar countries
- Somalia's 1.48 trillion current LCU is above the median for low income countries, which is 654.58 billion current LCU, 2.3× the median. (15 countries reporting)
- Somalia's 1.48 trillion current LCU is above the median for Sub-Saharan Africa, which is 230.02 billion current LCU, 6.4× the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.31 trillion current LCU | 1.07 trillion current LCU | 1.68 trillion current LCU | 3 |
| 2020s | 1.06 trillion current LCU | 832.49 billion current LCU | 1.48 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)
- Democracy 0 (2025)
- Chief executive of the government is elected 0 (2025)
- Elected parliament 0 (2025)
- Men's universal right to vote 0 (2025)
Frequently asked questions
- What is taxes on goods and services (current lcu), gaps filled in Somalia?
- Taxes on goods and services (current lcu), gaps filled in Somalia was 1.48 trillion current LCU in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), gaps filled recorded in Somalia?
- The highest recorded value was 1.68 trillion current LCU in 2018.
- What is the lowest taxes on goods and services (current lcu), gaps filled recorded in Somalia?
- The lowest recorded value was 832.49 billion current LCU in 2020.
- How does Somalia rank for taxes on goods and services (current lcu), gaps filled?
- Somalia ranks 31st out of 157 countries with data for 2024.
- Is taxes on goods and services (current lcu), gaps filled rising or falling in Somalia?
- Over the last ten years it is up 38.2%. The long-run trend across the full record is falling.
- Where does this Somalia data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), gaps filled. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 8 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Taxes on goods and services (current LCU) with 50 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.
Computed from
- Taxes on goods and services 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
Taxes on goods and services (current LCU) with 50 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.