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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 #
178 Corruption rank#165
190 Ease of doing business#165
Somalia


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