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Somalia Goods and services expense (current LCU) 2026: Interactive Chart & Historical Data

Goods and services expense (current LCU) in Somalia stood at 5.75 trillion in 2024, according to World Bank. The latest value is up 53% from 3.763 trillion in 2023. Somalia ranked 10th highest of the 109 countries in this dataset in 2023; South Korea ranked first.

Data source: World Bank · Category: Macroeconomics · Explore more indicators on EconDash

Data updated:Last checked:Frequency:AnnualCoverage:1972–2024

Key facts

What is the latest Goods and services expense (current LCU) in Somalia?

Goods and services expense (current LCU) in Somalia stood at 5.75 trillion in 2024, according to World Bank.

Is Goods and services expense (current LCU) in Somalia rising or falling?

The latest value is up 53% from 3.763 trillion in 2023.

How does Somalia rank for Goods and services expense (current LCU)?

Somalia ranked 10th highest of the 109 countries in this dataset in 2023; South Korea ranked first.

Metadata for Goods and services expense (current LCU) in Somalia
IndicatorGoods and services expense (current LCU)
CountrySomalia
CategoryMacroeconomics
SourceWorld Bank
Interactive chartView on EconDash
API accessEconDash API documentation

Latest value: 5.75 trillion (2024)

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Cite this chart
APA

World Bank. (2026). Goods and services expense (current LCU) — Somalia [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-gc-xpn-gsrv-cn/SOM. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.CN

MLA

World Bank. "Goods and services expense (current LCU) — Somalia." EconDash, 2026, https://econdash.org/chart/wdi-gc-xpn-gsrv-cn/SOM. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.CN.

Chicago

World Bank. 2026. "Goods and services expense (current LCU) — Somalia." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-gc-xpn-gsrv-cn/SOM. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.CN.

BibTeX
@misc{econdash_wdi_gc_xpn_gsrv_cn_som,
  author = {{World Bank}},
  title = {{Goods and services expense (current LCU) --- Somalia}},
  howpublished = {EconDash},
  year = {2026},
  url = {https://econdash.org/chart/wdi-gc-xpn-gsrv-cn/SOM},
  note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/GC.XPN.GSRV.CN}
}