Somalia’s federal government collected more domestic revenue than it planned in 2023 and 2024. In 2025 the trend reversed: it collected $404.3 million against a budget target of $430.3 million, falling $26.0 million (6.0%) short.
Key figures
- 2023: target $283.3 million, collected $329.5 million, which is $46.2 million (16.3%) above target
- 2024: target $346.2 million, collected $369.4 million, which is $23.2 million (6.7%) above target
- 2025: target $430.3 million, collected $404.3 million, which is $26.0 million (6.0%) below target
Why it matters
Revenue still grew every year, from $329.5 million in 2023 to $404.3 million in 2025. But the 2025 target was raised by about 24% over 2024, while actual collection grew by about 9%. A shortfall means less money than planned for salaries, services and development, and more reliance on donor support.
Sources: Somali Revenue Directorate, Ministry of Finance and IMF; compiled by the Somali Researchers Association (SRA).
Published by the Somali Researchers Association (SRA). See all our flash cards.