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Somalia: Inflation

Percent · 1954–2024 · 28 observations · forecasts to 2031 · infl

2024
5.53%percent
Change on 2023
−0.6 pointsfrom 6.17%
Average, 2015–2024
4.11%10 years
Record high and low
13.1% (1964)low −7.61% (1957)

Inflation

Report error
-10%-5%0%5%10%15%19601970198019902000201020202030SomaliaSomalia
ForecastPercent

Compare with other countries →Definition of Inflation

Recent values

Percent

YearValue
20313.20Forecast
20303.50Forecast
20293.80Forecast
20284.00Forecast
20274.50Forecast
20265.90Forecast
20253.70Forecast
20245.53
20236.17
20226.78
20214.63
20204.11
20194.71
20184.27
20173.96
20160.0239
20150.913

Sources

  • Mitchell1954–1969
  • IMF World Economic Outlook2013–2024
  • IMF WEO (forecast)2024–2031

Compare these sources →

Somalia documentation (PDF)

More for Somalia

Real GDP per capita (USD)Nominal GDPReal GDPUnemployment rateGovernment debt (% of GDP)Current account (% of GDP)All 68 series →

Inflation elsewhere

United StatesChinaJapanGermanyUnited KingdomFrance

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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