Economy of Somalia. Statistics, Data and Indicators

Somalia
N/AN/A | Credit rank # |
N/A | Quality of life # |
178 | Corruption rank#165 |
190 | Ease of doing business#165 |

Somalia Major Economic Indicators
Indicator | Data | Period |
---|---|---|
GDP Value | 4.92 USD Billion | 2020 |
GDP Annual Growth Rate | 2 % | 2021 |
Inflation Rate YoY | 6.7 % | 2022 |
Balance of Trade | -2792 USD Million | -2.792 B USD | 2020 |
GDP Indicators
Indicator | Data | Period |
---|---|---|
GDP Value | 4.92 USD Billion | 2020 |
GDP Annual Growth Rate | 2 % | 2021 |
Inflation Indicators
Indicator | Data | Period |
---|---|---|
Inflation Rate YoY | 6.7 % | 2022 |
Trade Indicators
Indicator | Data | Period |
---|---|---|
Balance of Trade | -2792 USD Million | -2.792 USD Billion | 2020 |
Exports | 134 USD Million | 0.134 USD Billion | 2020 |
Imports | 2926 USD Million | 2.926 USD Billion | 2020 |
Taxes
Indicator | Data | Period |
---|---|---|
Sales Tax Rate | 10 % | 2020 |
Business Indicators
Indicator | Data | Period |
---|---|---|
Corruption Index | 13 index points | 2021 |
Corruption Rank | 178 place | 2021 |
Ease of Doing Business | 190 place | 2019 |