Prices & public finance · Sub-Saharan Africa · Low income
Somalia: prices, money and public finance
GDP deflator is 12.9% (2025), 22nd of 209 in the world and 9th of 46 in Sub-Saharan Africa. Exchange rate is 23,097.99 (2017). Tax revenue is 2.2% (2024), 140th of 142 in the world and 32nd of 32 in Sub-Saharan Africa.
GDP deflator
SomaliaSub-Saharan AfricaLow incomeWorld
Exchange rate
Somalia
9 indicators
Prices & public finance: Somalia in detail
Latest reported value, world rank and rank within Sub-Saharan Africa; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GDP deflatorInflation, GDP deflator, annual % | 12.9%2025 | 22/209 | 9/46 | 14.6% | -15.3% | 5.4% | +5.9 ppsince 2015 | 4.1% | 6.3% | 3.3% | |
| Exchange rateOfficial exchange rate, local currency per US$ | 23,097.992017 | — | — | · | 31,269.66 | · | — | — | — | — | |
| Tax revenueTax revenue, % of GDP | 2.2%2024 | 140/142 | 32/32 | · | · | 1.6% | — | — | 9.9% | 13.9% | |
| Government revenueGovernment revenue excluding grants, % of GDP | 3.1%2024 | 141/142 | 32/32 | · | · | 2.4% | — | — | 11.4% | 24.0% | |
| Government expenseGovernment expense, % of GDP | 6.3%2023 | 139/142 | 31/32 | · | · | 5.5% | — | — | 13.9% | 28.5% | |
| Government debtCentral government debt, % of GDP | 12.7%2024 | 74/78 | 13/15 | · | · | 47.3%2021 | — | — | — | — | |
| External debtExternal debt stocks, % of GNI | 14.9%2024 | 112/119 | 42/43 | 74.3% | 110.2% | 53.5% | −34.9 ppsince 2014 | — | 42.2% | — | |
| Private creditDomestic credit to private sector, % of GDP | 5.4%2024 | 165/169 | 41/42 | · | · | 2.6% | — | 31.7% | 12.6% | 140.3% | |
| Military spendingMilitary expenditure, % of GDP | 1.54%2025 | 87/156 | 19/45 | · | · | 1.14% | +0.9 ppsince 2015 | 1.13% | 1.57% | 2.48% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- External debt−34.9 pp14.9% in 2024
Worse than ten years ago
No rated indicator got worse over the decade.
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Somalia and its neighbours
Countries sharing a land border with Somalia. Latest values since 2005; the highest in each row is marked.
| Indicator | Somalia | Ethiopia | Kenya | Djibouti |
|---|---|---|---|---|
| GDP deflator | 12.9%2025 | 16.7%2025 | 3.5%2025 | 4.6%2025 |
| Exchange rate | 23,097.992017 | 82.602024 | 129.302025 | 177.722025 |
| Tax revenue | 2.2%2024 | 3.4%2024 | 14.1%2023 | — |
| Government revenue | 3.1%2024 | 4.1%2024 | 18.6%2023 | — |
| Government expense | 6.3%2023 | 6.1%2023 | 27.8%2023 | — |
| Government debt | 12.7%2024 | 31.4%2019 | — | — |
| External debt | 14.9%2024 | 24.3%2022 | 35.0%2024 | 83.8%2024 |
| Private credit | 5.4%2024 | 17.7%2008 | 29.4%2025 | 25.2%2025 |
| Military spending | 1.54%2025 | 0.49%2025 | 1.07%2025 | 2.63%2008 |