Other taxes in Somalia
Somalia: Other taxes was 289.56 billion current LCU in 2024. ◆ Volatile
Other taxes in Somalia, 2019–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for other taxes in Somalia is 289.56 billion current LCU, measured in 2024.
That represents a change of up 40.9% on the previous year and up 100.8% over ten years.
That places Somalia 14th out of 149 countries with data for 2024, putting it in the top 10%.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 144.22 billion current LCU | 144.22 billion current LCU | 144.22 billion current LCU | 1 |
| 2020s | 200.48 billion current LCU | 15.10 billion current LCU | 394.79 billion current LCU | 5 |
Countries ranked near Somalia
More public sector data for Somalia
- Arms imports 4.00 million SIPRI trend indicator values (2024)
- Tax revenue 2.2% (2024)
- Taxes on income, profits and capital gains 4.0% (2024)
- Taxes on goods and services 5.8% (2024)
- Net investment in nonfinancial assets 0.2% (2024)
- Net lending (+) / net borrowing (-) 0.2% (2024)
- Interest payments 0.6% (2024)
- Grants and other revenue 70.6% (2024)
- Other taxes 1.1% (2024)
- Compensation of employees 42.0% (2023)
Frequently asked questions
- What is other taxes in Somalia?
- Other taxes in Somalia was 289.56 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest other taxes recorded in Somalia?
- The highest recorded value was 394.79 billion current LCU in 2022.
- What is the lowest other taxes recorded in Somalia?
- The lowest recorded value was 15.10 billion current LCU in 2021.
- How does Somalia rank for other taxes?
- Somalia ranks 14th out of 149 countries with data for 2024.
- Is other taxes rising or falling in Somalia?
- Over the last ten years it is up 100.8%. 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 Other taxes (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 6 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Other taxes include employer payroll or labor taxes, taxes on property, and taxes not allocable to other categories, such as penalties for late payment or nonpayment of taxes. 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.