Somalia: public finances

How big is Somalia's budget in 2026?

Somalia's Federal Government budget for 2026 expects revenue and grants of 1,357.8 million US dollars, including 479.0 million of domestic revenue and 878.8 million of grants, according to the Ministry of Finance's mid-year budget performance report for 2026. Grants were expected to provide 64.7% of the total.

The annual budget law (Sharciga Miisaaniyadda 2026) is published on the Ministry's annual budget page. Actual revenue and grants were 920.9 million dollars in 2025. The budget covers the Federal Government only; federal member states have their own budgets.

Official sources: mid-year budget performance report for 2026 · annual budget page

How much revenue has Somalia collected in 2026?

Somalia's Federal Government collected 407.6 million US dollars in revenue and grants in January to June 2026, 30.0% of the annual target, according to the Ministry of Finance's mid-year budget performance report. Domestic revenue was 201.0 million (42.0% of target) and donor grants 206.7 million (23.5%).

Spending was 444.6 million dollars, 32.1% of the budget, giving a fiscal balance of minus 37 million dollars (-0.3% of GDP). The Ministry projects revenue and grants will reach only about 80% of the original budget and says Parliament may be asked to lower the budget.

Official sources: mid-year budget performance report

Where does Somalia's government revenue come from?

Taxes on international trade raised 74.8 million US dollars in January to June 2026, 37.2% of Somalia's federal domestic revenue, according to the Ministry of Finance's mid-year budget performance report. Non-tax revenue raised 61.3 million, taxes on goods and services 34.15 million and income taxes 25.23 million.

Customs duties at ports and airports are the largest source, so revenue moves with imports. Income taxes made up 12.6% of domestic revenue. All domestic revenue categories were below the 50% mid-year benchmark.

Official sources: mid-year budget performance report

Does Somalia's government borrow more than it raises?

In 2025, general government net lending or borrowing in Somalia was -0.3% of GDP, according to the IMF, a deficit. Its high point since 2013 was 2016, at 0.5% of GDP; its low point was 2021, at -0.9% of GDP. Sub-Saharan Africa median: -3.0% of GDP; Somalia is 6th highest of 47. World rank, highest first: 40th of 188.

How much does Somalia's government take in?

In 2025, general government revenue in Somalia was 7.0% of GDP, according to the IMF. Its high point since 2013 was 2024, at 7.4% of GDP; its low point was 2013, at 1.9% of GDP. It is 46th highest of 47 in Sub-Saharan Africa, where the median is 18.4% of GDP. World rank, highest first: 185th of 187.

How much tax does Somalia collect?

2.2% of GDP: that is central government tax revenue in Somalia for 2024, according to the IMF. The peak was 2.3% of GDP in 2018 and the low 1.6% of GDP in 2020. Sub-Saharan Africa median: 14.1% of GDP; Somalia is 16th highest of 16. Worldwide: 91st of 92.

What is Somalia's defence spending?

According to SIPRI, military spending in Somalia was 1.5% of GDP in 2025. Since 2013 it has ranged from 0.4% of GDP (2013) to 1.7% of GDP (2024). It is 19th highest of 44 in Sub-Saharan Africa, where the median is 1.3% of GDP. Of 149 countries with 2025 data, 81st highest.