Somalia - Tax On Income - Profits And Capital Gains - knoema.com

Skip to Content [accesskey '1'] You can also use Alt+C and Alt+X to switch between important focus areas Go to Homepage [accesskey '2'] Go to Login page [accesskey '3']

An error occurred. Details Hide

You have unsaved pages. Restore Cancel

World Data Atlas Topics Economy Tax on Income, Profits and Capital Gains

Tax on income, profits and capital gains of Somalia increased from 1.39 % in 2017 to 2.45 % in 2020 growing at an average annual rate of 35.26%.

Somalia - Tax On Income - Profits And Capital Gains
Current Prices Local Currency	12,420,638.75 current LCU in 2020	WB
Share of total taxes	8.9 % in 2020	WB

Tax On Income - Profits And Capital Gains - Africa
South Africa	46.24 % in 2020	WB
Ghana	43.03 % in 2020	WB
Equatorial Guinea	42.63 % in 2020	WB
Zambia	40.84 % in 2020	WB
Namibia	40.29 % in 2020	WB
Malawi	40.04 % in 2020	WB
Mozambique	37.82 % in 2020	WB
Kenya	36.99 % in 2020	WB
Mali	35.4 % in 2020	WB
Seychelles	31.48 % in 2020	WB

Government finance in Somalia
Budget Deficit	16,023,440.25 current LCU in 2020	WB
Government Expenditure	472,812,540.92 current LCU in 2020	WB
Government Revenue	0 % in 2020	WB

Government Finance Government revenue in Somalia
Grants and Other Revenue	72.45 % in 2020	WB
Customs	65.24 % in 2020	WB
Tax Revenue	0 % in 2020	WB

Government Finance Government Revenue Tax revenue in Somalia
Taxes on International Trade	17.98 % in 2020	WB
Share of total taxes	8.9 % in 2020	WB
Tax on Goods and Services	6.38 % in 2020	WB
Other Taxes	0.75 % in 2020	WB
Tax on Exports	0.37 % in 2018	WB

Knoema, an Eldridge business, is the premier data platform and the most comprehensive source of global decision-making data in the world. Our revolutionary technology changes the way individuals and organizations discover, visualize, model, and present their data and the world's data to facilitate better decisions and better outcomes.

© KnoemaAll rights reserved