Somalia vs Tanzania: Goods and services expense

Somalia
5.75 trillion current LCU
in 2024
Tanzania
5.30 trillion current LCU
in 2024
Somalia rank
12th
Tanzania rank
13th

Goods and services expense over time

  • Somalia
  • Tanzania
1.0T2.0T3.0T4.0T5.0T6.0T200920162024

How they compare

Somalia currently reports 5.75 trillion current LCU against 5.30 trillion current LCU in Tanzania, a difference of 446.51 billion current LCU.

That makes Somalia's figure about 1.1 times Tanzania's.

The two have swapped places 3 times across 8 shared years of data; in 2017 it was Tanzania ahead.

Globally, Somalia ranks 12th and Tanzania ranks 13th of 155 countries.

Individual pages

About this data

Indicator
Goods and services expense (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,479 data points, 1972–2024
Last refreshed

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.