Home Somalia, Fed. Rep. Government Budget Deficit

Somalia, Fed. Rep. Budget Deficit

General government net lending/borrowing as % of GDP  GGXCNL_NGDP

-0.24% −0.41% (-246.1%)
Year 2025 Rank #35 Global Peak 0.46% (2016) Source IMF WEO

Somalia, Fed. Rep. Budget Deficit (2013–2025)

Overview

Somalia, Fed. Rep.'s budget deficit stood at -0.24% in 2025, a decline of +0.41% from 2024. The IMF projects -0.24% by 2025. Somalia, Fed. Rep. ranked 35th globally.

Data & projection

Year Budget Deficit YoY change Rank
2030* IMF -1.99% - -
2029* IMF -1.99% - -
2028* IMF -1.21% - -
2027* IMF -0.74% - -
2026* IMF -1.17% - -
2025* IMF -0.24% - -
2025 -0.24% −0.41% #35
2024 0.17% +0.12% #152
2023 0.05% +0.02% #151
2022 0.02% +0.91% #145
2021 -0.88% −1.17% #153
2020 0.29% +0.01% #178
2019 0.28% +0.25% #140
2018 0.03% −0.34% #131
2017 0.37% −0.09% #155
2016 0.46% +0.22% #162
2015 0.24% +0.30% #167
2014 -0.06% +0.06% #150
2013 -0.11% #152
* IMF World Economic Outlook projection

Analysis

Somalia, Fed. Rep.'s budget deficit was -0.24% in 2025, a decline of −0.41% from 2024. IMF projects -0.24% by 2025.

Frequently Asked Questions

What is Somalia, Fed. Rep.'s budget deficit?

Somalia, Fed. Rep.'s budget deficit was -0.24% in 2025. Ranked 35th globally. This represents a 246.1% decrease from the previous year.

What was the highest budget deficit in Somalia, Fed. Rep.?

Somalia, Fed. Rep.'s budget deficit peaked at 0.46% in 2016.

What was the lowest budget deficit in Somalia, Fed. Rep.?

The lowest budget deficit in Somalia, Fed. Rep. was -0.88% in 2021.

How does Somalia, Fed. Rep. rank in budget deficit?

Somalia, Fed. Rep. ranks 35th globally in budget deficit as of 2025.

What is the World Bank indicator code for budget deficit?

The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.

What is the projected budget deficit of Somalia, Fed. Rep. in 2025?

Somalia, Fed. Rep.'s budget deficit is projected to reach -0.24% by 2025 based on IMF projection.

What is the budget deficit of Somalia, Fed. Rep. in 2025?

The budget deficit of Somalia, Fed. Rep. in 2025 was -0.24%. This ranks 35th in the world.

Cite this page

APA
Somalia, Fed. Rep. Budget Deficit. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/somalia-fed-rep/budget-deficit
BibTeX
@misc{historysaid_somalia-fed-rep_budget-deficit, title = {Somalia, Fed. Rep. Budget Deficit}, url = {https://historysaid.com/somalia-fed-rep/budget-deficit}, publisher = {HistorySaid}, year = {2026} }