Somalia

Inflation in Somalia

Inflation in Somalia: 2.8% a year in 2013 and 5.5% a year in 2024, by IMF estimates.

Latest, 2024
5.5% a year
Since 2013
+2.7 percentage points
Projected, 2031
4% a year
IMF projection (World Economic Outlook, October 2026)

% a year · IMF

Inflation in SomaliaInflation in Somalia: 2.8% a year in 2013 and 5.5% a year in 2024, by IMF estimates. The IMF projection (World Economic Outlook, October 2026) puts it at 4% a year in 2031.
Estimates, IMFIMF projection (World Economic Outlook, October 2026)

What the numbers say

  • The IMF projection (World Economic Outlook, October 2026) puts it at 4% a year in 2031.
  • The highest was 6.8% a year in 2022, the lowest 0% a year in 2016.

Every year

% a year · IMF

YearSomalia
20245.5
20236.2
20226.8
20214.6
20204.1
20194.7
20184.3
20174
20160
20150.9
20141.3
20132.8
IMF projection (World Economic Outlook, October 2026) · 2025–2031
YearSomalia
20253.7
20266.3
20275.5
20285
20294.5
20304
20314

Good to know

  • How much consumer prices rose in a year, on average.
  • Source: IMF, World Economic Outlook, October 2026.
  • The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

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