Inflation, average consumer prices (IMF) — all countries

Inflation, average consumer prices (IMF) — Somalia

Inflation, average consumer prices (IMF) in Somalia in 2031 — 3.2%. Ranked 124 in the world out of 189. Since 2013, the indicator has risen by 0.4 pp.

2031 3.2% −0.3 pp vs 2030
World rank 124of 189
Period maximum 6.8%2022
Period minimum 0%2016

Trend over time

2013–2031 · % per year

Inflation, average consumer prices (IMF) — Somalia, 2013–20310246820132015201720192021202320252027202920312013: 2.8%2014: 1.3%2015: 0.9%2016: 0%2017: 4%2018: 4.3%2019: 4.7%2020: 4.1%2021: 4.6%2022: 6.8%2023: 6.2%2024: 5.5%2025: 3.7%2026: 5.9%2027: 4.5%2028: 4%2029: 3.8%2030: 3.5%2031: 3.2%
Change over the period: +0.4 pp Annual average: 0.02 pp
Inflation, average consumer prices (IMF) — Somalia, by year Somalia All countries CSV XLSX
Year % Change, pp
2031 3.2 −0.3 pp
2030 3.5 −0.3 pp
2029 3.8 −0.2 pp
2028 4 −0.5 pp
2027 4.5 −1.4 pp
2026 5.9 +2.2 pp
2025 3.7 −1.8 pp
2024 5.5 −0.7 pp
2023 6.2 −0.6 pp
2022 6.8 +2.2 pp
2021 4.6 +0.5 pp
2020 4.1 −0.6 pp
2019 4.7 +0.4 pp
2018 4.3 +0.3 pp
2017 4 +4 pp
2016 0 −0.9 pp
2015 0.9 −0.4 pp
2014 1.3 −1.5 pp
2013 2.8

About the indicator

The average annual change in the consumer price index from the IMF World Economic Outlook database. The IMF brings national series to a common methodology and publishes a five-year forecast, which makes it possible to compare not only current but also expected inflation. For countries with hyperinflation the IMF flags the data separately as estimates.

Source: World Economic Outlook (IMF), license IMF open data.