Tax revenues vs income inequality in Somalia
Somalia: Tax revenues vs income inequality was 2.06 in 2023. ▲ Rising
Latest (2023)
2.06
Change on year
up 15.9%
World rank
184th
of 186 countries
All-time high
2.94
in 2018
All-time low
1.22
in 2013
Years of data
11
2013–2023
Tax revenues vs income inequality in Somalia, 2013–2023
Source: Our World in Data.
Analysis
Somalia recorded 2.06 for tax revenues vs income inequality in 2023.
That represents a change of up 15.9% on the previous year and up 69.7% over ten years.
Over the whole period, tax revenues vs income inequality in Somalia peaked at 2.94 in 2018 and was at its lowest, 1.22, in 2013.
Somalia ranks 184th of 186 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 11 years of available data.
Tax revenues vs income inequality in Somalia, year by year
| Year | Value | Change |
|---|---|---|
| 2013 | 1.22 | — |
| 2014 | 1.24 | +2.0% |
| 2015 | 1.35 | +8.7% |
| 2016 | 2.11 | +56.5% |
| 2017 | 2.48 | +17.7% |
| 2018 | 2.94 | +18.4% |
| 2019 | 1.79 | -39.2% |
| 2020 | 1.62 | -9.6% |
| 2021 | 1.72 | +6.2% |
| 2022 | 1.78 | +3.7% |
| 2023 | 2.06 | +15.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.88 | 1.22 | 2.94 | 7 |
| 2020s | 1.79 | 1.62 | 2.06 | 4 |
Countries ranked near Somalia
More poverty & inequality data for Somalia
- Fertility rate vs the share living in extreme poverty 6.13 (2023)
- Cereal yield vs extreme poverty 503.5 (2023)
- Cereal yield vs extreme poverty, per unit of GDP 0 units per US$ of GDP (2023)
- Cereal yield vs extreme poverty, annual growth rate 27.15 % change on previous year (2023)
- Tax revenues vs income inequality, gaps filled 2.06 (2023)
- Tax revenues vs income inequality, per unit of GDP 0 units per US$ of GDP (2023)
- Tax revenues vs income inequality, annual growth rate 15.94 % change on previous year (2023)
- Share of government consumption in gdp vs share in extreme poverty 7.9 (2023)
- Gini coefficient of lifespan inequality in females 0.2356 (2023)
- Gini coefficient of lifespan inequality by sex 0.2356 (2023)
Frequently asked questions
- What is tax revenues vs income inequality in Somalia?
- Tax revenues vs income inequality in Somalia was 2.06 in 2023, according to Our World in Data.
- What is the highest tax revenues vs income inequality recorded in Somalia?
- The highest recorded value was 2.94 in 2018.
- What is the lowest tax revenues vs income inequality recorded in Somalia?
- The lowest recorded value was 1.22 in 2013.
- How does Somalia rank for tax revenues vs income inequality?
- Somalia ranks 184th out of 186 countries with data for 2023.
- Is tax revenues vs income inequality rising or falling in Somalia?
- Over the last ten years it is up 69.7%. The long-run trend across the full record is rising.
- Where does this Somalia data come from?
- The figures come from Our World in Data, published as part of Tax revenues vs income inequality. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 11 observations, free to reuse under CC BY 4.0 (Our World in Data).