The inflation rate in Somalia was recorded at 3.17 percent in March of 2019. Inflation Rate in Somalia averaged 20.59 percent from 1961 until 2019, reaching an all time high of 216 percent in December of 1990 and a record low of -15 percent in December of 2010.
Inflation Rate in Somalia is expected to be 3.10 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 3.00 in 12 months time. In the long-term, the Somalia Inflation Rate is projected to trend around 3.20 percent in 2020, according to our econometric models.