Somalia - Taxes on goods and services

Taxes on goods and services (current LCU)

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

Year	Value
2017	46,284,660
2018	69,960,140
2019	24,959,920

Taxes on goods and services (% of revenue)

Definition: Taxes on goods and services include general sales and turnover or value added taxes, selective excises on goods, selective taxes on services, taxes on the use of goods or property, taxes on extraction and production of minerals, and profits of fiscal monopolies.

Source: International Monetary Fund, Government Finance Statistics Yearbook and data files.

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Year	Value
2017	18.64
2018	25.32
2019	7.30

Classification

Topic: Public Sector Indicators

Sub-Topic: Government finance