Markets Actual Q3 Q4 Q1 Q2 2023
Currency 565.00 566 568 569 571 574

Overview Actual Q3 Q4 Q1 Q2 2023
GDP Annual Growth Rate (%) 2.00 2.8 2.8 3.6 3.6 3.6
Inflation Rate (%) 7.00 6 6 5.3 4.5 4
Balance of Trade (USD Million) -2792.47 -2247 -2278 -2278 -2278 -2278

GDP Actual Q3 Q4 Q1 Q2 2023
GDP Annual Growth Rate (%) 2.00 2.8 2.8 3.6 3.6 3.6
GDP (USD Billion) 7.29 7.3 7.6 7.6 7.6 7.6
GDP Per Capita Ppp (USD) 1185.56 650 650 650 650 570

Labour Actual Q3 Q4 Q1 Q2 2023
Population (Million) 15.89 16.27 16.69 16.69 16.69 16.69

Prices Actual Q3 Q4 Q1 Q2 2023
Inflation Rate (%) 7.00 6 6 5.3 4.5 4
Inflation Rate Mom (%) -0.10 1.3 0.6 0.8 0.8 0.8
Food Inflation (%) 16.86 11 10 8 7 7

Trade Actual Q3 Q4 Q1 Q2 2023
Balance of Trade (USD Million) -2792.47 -2247 -2278 -2278 -2278 -2278
Imports (USD Million) 2926.14 2332 2332 2332 2332 2332
Exports (USD Million) 133.67 54.37 54.37 54.37 54.37 54.37

Taxes Actual Q3 Q4 Q1 Q2 2023
Sales Tax Rate (%) 10.00 10 10 10 10 10


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Somalia Forecast - was last updated on Wednesday, August 10, 2022.