EconoView.ai
🇸🇴

Somalia Fiscal Balance

0.2% GDPas of 2024

Somalia's fiscal balance stands at 0.2% GDP as of 2024. The indicator has remained relatively stable from -0.1% in 2014 to 0.2% in 2024. Source: IMF WEO.

Historical trend (20142024)

Fiscal Balance — Year by Year

YearValueChange
2014-0.1% GDP
20150.2% GDP+0.3pp
20160.5% GDP+0.3pp
20170.4% GDP-0.1pp
20180% GDP-0.4pp
20190.3% GDP+0.3pp
20200.3% GDP0.0pp
2021-0.9% GDP-1.2pp
20220% GDP+0.9pp
20230% GDP0.0pp
20240.2% GDP+0.2pp
Source: IMF WEO. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.

Other indicators for Somalia

GDP Growth
4.1%
Inflation (CPI)
%
Unemployment
18.9%
Debt / GDP
%
Investment / GDP
26.7%

Fiscal Balance in other countries

🇿🇦
South Africa
-5.7% GDP
🇳🇬
Nigeria
-1.3% GDP
🇪🇬
Egypt
-7.1% GDP
🇪🇹
Ethiopia
-2% GDP