Somalia | Economic Indicators

Markets Last Previous Average Unit Reference Frequency
Currency 966.50 981.50 1645.01 2014-04-16 Daily [+]
GDP Last Previous Average Unit Reference Frequency
GDP 1.07 2.01 0.96 USD Billion 2010-12-31 Yearly [+]
GDP Annual Growth Rate 2.60 2.60 1.64 Percent 2012-12-31 Yearly [+]
Gdp Per Capita Ppp 547.32 535.96 407.87 USD 2010-12-31 Yearly [+]
GDP per capita 187.00 299.00 147.80 USD 2010-12-31 Yearly [+]
Labour Last Previous Average Unit Reference Frequency
Population 10.20 9.91 5.89 Million 2012-12-31 Yearly [+]
Prices Last Previous Average Unit Reference Frequency
Inflation Rate -2.41 -2.35 25.50 Percent 2012-12-31 Yearly [+]
Trade Last Previous Average Unit Reference Frequency
Balance of Trade -740.00 -675.40 -371.04 USD Million 2010-12-31 Yearly [+]
Exports 520.00 345.60 271.12 USD Million 2010-12-31 Yearly [+]
Imports 1260.00 1021.00 642.15 USD Million 2010-12-31 Yearly [+]
Government Last Previous Average Unit Reference Frequency
Credit Rating 15.00 Monthly [+]
Taxes Last Previous Average Unit Reference Frequency
Sales Tax Rate 10.00 10.00 Percent 2014-01-01 Yearly [+]





RELATED NEWS

Somalia Sales Tax Rate at 10.00 Percent  
The Sales Tax Rate in Somalia stands at 10 percent. Sales Tax Rate in Somalia is reported by the Ministry of Finance and Planning.
Somalia Balance of Trade at -740.00 USD Million  
Somalia recorded a trade deficit of 740 USD Million in 2010.
Somalia Inflation Rate at -2.41 Percent  
The inflation rate in Somalia was recorded at -2.41 percent in 2012.
Somalia Population at 10.20 Million  
The total population in Somalia was last recorded at 10.2 million people in 2012 from 2.8 million in 1960, changing 270 percent during the last 50 years. Population in Somalia is reported by the World Bank.
Somalia GDP Annual Growth Rate at 2.60 Percent  
The Gross Domestic Product (GDP) in Somalia expanded 2.60 percent in 2012 from the previous year.
Somalia | Credit Rating at 15.00  
This page displays the sovereign debt credit rating as reported by the major credit rating agencies for Somalia.
Somalia GDP at 1.07 USD Billion  
The Gross Domestic Product (GDP) in Somalia was worth 1.07 billion US dollars in 2010. The GDP value of Somalia represents less than 0.01 percent of the world economy. GDP in Somalia is reported by the AFDB.
Somalia Exports at 520.00 USD Million  
Exports in Somalia increased to 520 million USD in 2010 from 345.60 million USD in 2009. Exports in Somalia is reported by the AFDB.
Somalia Imports at 1260.00 USD Million  
Imports in Somalia increased to 1260 in December of 2010 from 1021 in December of 2009.
Somalia GDP per capita at 187.00 USD  
The Gross Domestic Product per capita in Somalia was last recorded at 187 US dollars in 2010. The GDP per Capita in Somalia is equivalent to 2 percent of the worlds average.
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LATEST NEWS

Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
Russia GDP Growth Slows Sharply in Q1  
Russian economy advanced an annual 0.8 percent in the first quarter of 2014, well below the 2 percent expansion recorded in the previous three-month period, Russia's Economy Minister Alexei Ulyukayev said addressing the parliament.
Bank of Canada Leaves Rates at 1%  
At its April 16th, 2014 meeting, Bank of Canada decided to leave the overnight lending at 1 percent, as the Bank continues to see a gradual strengthening in the fundamental drivers of growth and inflation.
US Industrial Production Slows in March  
Industrial production increased 0.7 percent in March after having advanced 1.2 percent in February. Yet, manufacturing output rose for the second straight month.
US Housing Starts Rise Below Forecasts  
Privately-owned housing starts in March were at a seasonally adjusted annual rate of 946,000. This is 2.8 percent above the revised February estimate of 920,000, but down 5.9 percent year-on-year.
China’s Economy Expands 1.4% QoQ in Q1  
In the first three months of 2014, the Chinese GDP slowed for the third straight quarter. The economy expanded 1.4 percent quarter-on-quarter, down from a revised 1.7 percent increase in the last three months of 2013.
Malaysian Inflation Rate Unchanged in March  
Malaysian annual inflation remained steady at 3.5 percent in March of 2014, after accelerating in the previous six months. A slowdown in transport prices was enough to offset higher food, housing and gas prices.
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This page includes a list of indicators for Somalia. Somalia | Economic Indicators - provides data from several countries including actual values, consensus figures, forecasts, historical time series and news. 4/17/2014