Somalia, Fed. Rep.—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic Outlook ↗Global Rank: #37 of 192Updated July 2026
Latest Value
-0.7%
2027
YoY Change
+41.7%
2026 → 2027
Global Rank
#37
of 192 countries
Maximum
0.5%
2016
Minimum
-1.2%
2026
Last
-0.7%
Previous
-1.2%
Highest
0.5%
Lowest
-1.2%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Somalia, Fed. Rep.'s fiscal balance (% of GDP) was -1.2% in 2026, ranking #37 out of 192 countries. This represents a +41.7% change from 2026. Over the past 14 years, the highest recorded value was 0.5% (2016) and the lowest was -1.2% (2026). The IMF WEO projects -0.7% by 2027. Data sourced from the IMF World Economic Outlook.
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2027 | -0.7% | +41.7% |
| 2026 | -1.2% | -500.0% |
| 2025 | -0.2% | -200.0% |
| 2024 | 0.2% | |
| 2023 | 0.0% | |
| 2022 | 0.0% | +100.0% |
| 2021 | -0.9% | -400.0% |
| 2020 | 0.3% | +0.0% |
| 2019 | 0.3% | |
| 2018 | 0.0% | -100.0% |
| 2017 | 0.4% | -20.0% |
| 2016 | 0.5% | +150.0% |
| 2015 | 0.2% | +300.0% |
| 2014 | -0.1% | +0.0% |
| 2013 | -0.1% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | -1.2% | -500.0% |
| 2027Forecast | -0.7% | +41.7% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 27.6% | 2026 |
| 2 | Nauru | 13.1% | 2026 |
| 3 | Norway | 10.2% | 2026 |
| 4 | Oman | 5.2% | 2026 |
| 5 | United Arab Emirates | 4.9% | 2026 |
| 6 | Macao SAR, China | 4.2% | 2026 |
| 7 | Lesotho | 4.2% | 2026 |
| 8 | Singapore | 3.3% | 2026 |
| 9 | Lebanon | 3.3% | 2025 |
| 10 | Liechtenstein | 3.0% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP