CPI: National consumer price index, percentage change from previous in Somalia
Somalia: CPI: National consumer price index, percentage change from previous was 5.6 in 2024. ▲ Rising
CPI: National consumer price index, percentage change from previous in Somalia, 2016–2024
Source: International Labour Organization.
Analysis
Somalia recorded 5.6 for cpi: national consumer price index, percentage change from previous in 2024.
The figure is down 8.2% on the previous year and up 27,900.0% over ten years.
Over the whole period, cpi: national consumer price index, percentage change from previous in Somalia peaked at 6.78 in 2022 and was at its lowest, 0.02, in 2016.
Somalia ranks 41st of 193 countries on this measure, in the top quarter.
CPI: National consumer price index, percentage change from previous in Somalia, year by year
| Year | Value | Change |
|---|---|---|
| 2016 | 0.02 | — |
| 2017 | 3.96 | +19700.0% |
| 2018 | 4.27 | +7.8% |
| 2019 | 4.71 | +10.3% |
| 2020 | 4.11 | -12.7% |
| 2021 | 4.62 | +12.4% |
| 2022 | 6.78 | +46.8% |
| 2023 | 6.1 | -10.0% |
| 2024 | 5.6 | -8.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.24 | 0.02 | 4.71 | 4 |
| 2020s | 5.44 | 4.11 | 6.78 | 5 |
Countries ranked near Somalia
- 38 Rwanda 5.91 compare
- 39 Palestine, State of 5.87 compare
- 40 Azerbaijan 5.62 compare
- 42 Tonga 5.59 compare
- 43 Micronesia, Federated States of 5.41 compare
- 44 Tunisia 5.15 compare
More work & labour data for Somalia
- Population - Est. & Proj. — Total Population - Both sexes, annual 0.4652 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth 0.4323 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth 0.4971 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate 0.7917 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 3.22 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 22,865 1000 No (2050)
- Population - Est. & Proj. — Rural population 12,986 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 34,351 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 33,013 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 67,364 1000 No (2100)
Frequently asked questions
- What is cpi: national consumer price index, percentage change from previous in Somalia?
- Cpi: national consumer price index, percentage change from previous in Somalia was 5.6 in 2024, according to International Labour Organization.
- What is the highest cpi: national consumer price index, percentage change from previous recorded in Somalia?
- The highest recorded value was 6.78 in 2022.
- What is the lowest cpi: national consumer price index, percentage change from previous recorded in Somalia?
- The lowest recorded value was 0.02 in 2016.
- How does Somalia rank for cpi: national consumer price index, percentage change from previous?
- Somalia ranks 41st out of 193 countries with data for 2024.
- Is cpi: national consumer price index, percentage change from previous rising or falling in Somalia?
- Over the last ten years it is up 27,900.0%. The long-run trend across the full record is rising.
- Where does this Somalia data come from?
- The figures come from International Labour Organization, published as part of CPI: National consumer price index, percentage change from previous year (General - Individual consumption expenditure of households). Statizoid updates them automatically from the source API.
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About this data
This indicator shows the percentage change of the CPI between a period and the same period of the previous year. Data are disaggregated by the Classification of Individual Consumption According to Purpose (COICOP). For more information, refer to the Prices, Costs, and Currency Conversions (PRICES) database description.