Markets Actual Q4 Q1 Q2 Q3 2020
Currency 575.00 575 575 575 575 575
Overview Actual Q4 Q1 Q2 Q3 2020
Currency 575.00 575 575 575 575 575
GDP Annual Growth Rate (%) 2.90 2.9 3.1 3.1 3.1 3.1
GDP (USD Billion) 7.48 7.7 8.45 8.45 8.45 8.45
Population (Million) 15.01 15.13 15.25 15.25 15.25 15.25
Inflation Rate (%) 5.20 4.5 4.8 5.3 5 5
Balance of Trade (USD Million) -2148.66 -2258 -2278 -2278 -2278 -2278
Sales Tax Rate (%) 10.00 10 10 10 10 10
GDP Actual Q4 Q1 Q2 Q3 2020
GDP Annual Growth Rate (%) 2.90 2.9 3.1 3.1 3.1 3.1
GDP (USD Billion) 7.48 7.7 8.45 8.45 8.45 8.45
Labour Actual Q4 Q1 Q2 Q3 2020
Population (Million) 15.01 15.13 15.25 15.25 15.25 15.25
Prices Actual Q4 Q1 Q2 Q3 2020
Inflation Rate (%) 5.20 4.5 4.8 5.3 5 5
Trade Actual Q4 Q1 Q2 Q3 2020
Balance of Trade (USD Million) -2148.66 -2258 -2278 -2278 -2278 -2278
Taxes Actual Q4 Q1 Q2 Q3 2020
Sales Tax Rate (%) 10.00 10 10 10 10 10


This page has economic forecasts for Somalia including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Somalia economy.