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Economy of Somalia. Statistics, Data and Indicators

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


Somalia Major Economic Indicators

Indicator Data Period
GDP Value 8.13 USD Billion 2022
GDP Annual Growth Rate 2.4 % 2022
Inflation Rate YoY 5.82 % 2023
Balance of Trade -3395 USD Million | -3.395 B USD 2022


GDP Indicators

Indicator Data Period
GDP Value 8.13 USD Billion 2022
GDP Annual Growth Rate 2.4 % 2022


Inflation Indicators

Indicator Data Period
Inflation Rate YoY 5.82 % 2023


Trade Indicators

Indicator Data Period
Balance of Trade -3395 USD Million | -3.395 USD Billion 2022
Exports 124 USD Million | 0.124 USD Billion 2022
Imports 3519 USD Million | 3.519 USD Billion 2022


Taxes

Indicator Data Period
Sales Tax Rate 10 % 2023


Business Indicators

Indicator Data Period
Corruption Index 12 index points 2022
Corruption Rank 180 place 2022
Ease of Doing Business 190 place 2019