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Somalia flag Somalia Business Environment

Trade, commerce, and economic integration indicators

Overview

Business environment indicators for Somalia, covering trade, commerce, foreign direct investment, corruption perceptions, and economic integration from the World Bank, OECD, IMF, and Transparency International.

Key Indicators

Domestic credit to private sector by banks (% of GDP)
0.0
2024 · Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
New business density (new registrations per 1,000 people ages 15-64)
0.3
2022 · The number of newly registered firms with limited liability per 1,000 working-age people (ages 15-64) per calendar year.
Corruption Perceptions Index
9.0 /100
2024 · Transparency International CPI score (0-100, higher = less corrupt)

Data Explorer

Export unit value index (2015 = 100)
98
2024 · World Bank
Merchandise imports (current US$)
4200000000
2024 · World Bank
Merchandise exports (current US$)
1100000000
2024 · World Bank
Domestic credit to private sector (% of GDP)
0.000187915416198167
2024 · World Bank
Domestic credit to private sector by banks (% of GDP)
0.000187915416198167
2024 · World Bank
Import unit value index (2015 = 100)
130.7
2024 · World Bank
Merchandise trade (% of GDP)
43.7708501154125
2024 · World Bank
Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports)
8.84967543702994
2023 · World Bank
Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports)
75.3160638596094
2023 · World Bank
Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports)
33.6436640678456
2023 · World Bank
Merchandise imports by the reporting economy (current US$)
4020170723
2023 · World Bank
Merchandise imports from low- and middle-income economies in South Asia (% of total merchandise imports)
22.7764607299241
2023 · World Bank
Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports)
4.67178373608588
2023 · World Bank
Import volume index (2015 = 100)
149
2023 · World Bank
Merchandise imports from low- and middle-income economies within region (% of total merchandise imports)
8.84967543702994
2023 · World Bank
Merchandise imports by the reporting economy, residual (% of total merchandise imports)
0
2023 · World Bank
Merchandise imports from low- and middle-income economies in Europe & Central Asia (% of total merchandise imports)
11.3072601469219
2023 · World Bank
Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports)
2.91689517883194
2023 · World Bank
Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)
0.242660397485786
2023 · World Bank
Merchandise exports to economies in the Arab World (% of total merchandise exports)
90.8381340671711
2023 · World Bank

Frequently Asked Questions

Sources: World Bank · Last updated: 2025

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