The inflation rate in Somalia was recorded at 3.20 percent in January of 2020. Somalia Inflation Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Inflation Rate in Somalia averaged 16.24 percent from 1961 until 2020, reaching an all time high of 216 percent in December of 1990 and a record low of -15 percent in December of 2010. This page provides - Somalia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Inflation Rate in Somalia is expected to be 4.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Somalia to stand at 5.00 in 12 months time. In the long-term, the Somalia Inflation Rate is projected to trend around 4.00 percent in 2021, according to our econometric models.