Somalia — Central government deficit (% of GDP)
% of GDP · Annual · 1970–2023 · 10 observations
About this series
The central government deficit series records the period's fiscal balance under the source's accounting and sign convention. A deficit indicates a shortfall; the series is a flow, not a debt stock. This series expresses that measure as a percentage of GDP for the matching period.
In Somalia, the central government deficit reading was 15.7% of GDP in 2023, compared with 0.11% of GDP in 2022. The period change was +15.5 percentage points. The latest reading was above the selected 10-year average of 2.07% of GDP.
Get the full series
- Annual data, 1970–2023
- All 3 sources, downloadable
Latest observations
2013–2023
| Period | Value |
|---|---|
| 2023 | 15.7 % of GDP |
| 2022 | 0.11 % of GDP |
| 2021 | 0.19 % of GDP |
| 2020 | 0.19 % of GDP |
| 2019 | 0.27 % of GDP |
4 earlier values, back to 2013
| 2018 | 0.1 % of GDP |
| 2017 | 0.03 % of GDP |
| 2015 | -0.01 % of GDP |
| 2013 | 0 % of GDP |