Budget balance in Somalia in 2031 — -2.1%. Ranked 84 in the world out of 188. Since 2013, the indicator has fallen by 2 pp.
2013–2031 · % of GDP
How the value compares with the world and the groups this territory belongs to: Somalia
| Year | % | Change, pp |
|---|---|---|
| 2031 | -2.1 | −0.1 pp |
| 2030 | -2 | +0 pp |
| 2029 | -2 | −0.8 pp |
| 2028 | -1.2 | −0.4 pp |
| 2027 | -0.8 | −0.2 pp |
| 2026 | -0.6 | −0.3 pp |
| 2025 | -0.3 | −0.5 pp |
| 2024 | 0.2 | +0.2 pp |
| 2023 | 0 | +0 pp |
| 2022 | 0 | +0.9 pp |
| 2021 | -0.9 | −1.2 pp |
| 2020 | 0.3 | +0 pp |
| 2019 | 0.3 | +0.3 pp |
| 2018 | 0 | −0.4 pp |
| 2017 | 0.4 | −0.1 pp |
| 2016 | 0.5 | +0.3 pp |
| 2015 | 0.2 | +0.3 pp |
| 2014 | -0.1 | +0 pp |
| 2013 | -0.1 | — |
The same indicator for neighboring countries — with links to their pages
Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.
Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.
Source: World Economic Outlook (IMF), license IMF open data.
How much the state collects in a year — all revenue except foreign grants.
Public Finance Government expenseHow much the state spends in a year — including wages, pensions, benefits and interest on debt.
Finance Current account balance in US dollarsHow much more a country receives from abroad than it pays out there. A minus means it pays more.
