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 |
