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 | 7.29 USD Billion | 2021 |
| GDP Annual Growth Rate | 2.9 % | 2021 |
| Inflation Rate YoY | 6.9 % | 2022 |
| Balance of Trade | -3148 USD Million | -3.148 B USD | 2021 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 7.29 USD Billion | 2021 |
| GDP Annual Growth Rate | 2.9 % | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Inflation Rate YoY | 6.9 % | 2022 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Balance of Trade | -3148 USD Million | -3.148 USD Billion | 2021 |
| Exports | 166 USD Million | 0.166 USD Billion | 2021 |
| Imports | 3313 USD Million | 3.313 USD Billion | 2021 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Sales Tax Rate | 10 % | 2022 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Corruption Index | 13 index points | 2021 |
| Corruption Rank | 178 place | 2021 |
| Ease of Doing Business | 190 place | 2019 |
