Temperature in Somalia decreased to 26.12 celsius in December from 26.64 celsius in November of 2015. Temperature in Somalia averaged 26.88 celsius from 1850 until 2015, reaching an all time high of 29.60 celsius in May of 2007 and a record low of 23.72 celsius in January of 1904. This page includes a chart with historical data for Somalia Average Temperature.

Somalia recorded a trade deficit of 2852.50 USD Million in 2018. Balance of Trade in Somalia averaged -945.11 USD Million from 1998 until 2018, reaching an all time high of -101.76 USD Million in 2003 and a record low of -2938.60 USD Million in 2017. Somalia’s systemic trade deficit is the result of the country’s dependency on imports of food, fuel, construction materials and manufactured goods. Main exports are: livestock, bananas, skins, fish, charcoal and scrap metal. Somalia main trading partners are the United Arab Emirates, Yemen and Oman. This page provides - Somalia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Somalia decreased to 345.20 USD Million in 2018 from 395.77 USD Million in 2017. Exports in Somalia averaged 307.13 USD Million from 1998 until 2018, reaching an all time high of 691.27 USD Million in 2015 and a record low of 45.29 USD Million in 2001. Somalia main exports are: livestock, bananas, skins, fish, charcoal and scrap metal. Main export partners are: the United Arab Emirates, Yemen and Oman. This page provides - Somalia Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Somalia decreased to 3197.73 USD Million in 2018 from 3334.37 USD Million in 2017. Imports in Somalia averaged 1252.62 USD Million from 1998 until 2018, reaching an all time high of 3334.37 USD Million in 2017 and a record low of 162.71 USD Million in 2001. Somalia main imports are: food, fuel, construction materials, manufactured goods and khat. Main import partners are: Djibouti, India, Kenya, Pakistan, China, Egypt, Oman, United Arab Emirates and Yemen. This page provides - Somalia Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Terrorism Index in Somalia decreased to 7.80 in 2018 from 8.02 in 2017. Terrorism Index in Somalia averaged 6.12 from 2002 until 2018, reaching an all time high of 8.02 in 2017 and a record low of 3.14 in 2003. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).

Somalia is the 180 least corrupt nation out of 175 countries, according to the 2019 Corruption Perceptions Index reported by Transparency International. Corruption Rank in Somalia averaged 174.93 from 2005 until 2019, reaching an all time high of 182 in 2011 and a record low of 144 in 2005. The Corruption Perceptions Index ranks countries and territories based on how corrupt their public sector is perceived to be. A country or territory's rank indicates its position relative to the other countries and territories in the index. This page provides the latest reported value for - Somalia Corruption Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The total population in Somalia was estimated at 15.3 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Somalia had a population of 2.8 million people. The population of Somalia represents 0.14 percent of the world´s total population which arguably means that one person in every 729 people on the planet is a resident of Somalia. This page provides - Somalia Population - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Somalia was worth 7.70 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Somalia represents 0.01 percent of the world economy. GDP in Somalia averaged 1.69 USD Billion from 1960 until 2019, reaching an all time high of 7.70 USD Billion in 2019 and a record low of 0.18 USD Billion in 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Somalia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index Cpi in Somalia increased to 116.55 points in March from 114.13 points in February of 2020. Consumer Price Index Cpi in Somalia averaged 112.27 points from 2018 until 2020, reaching an all time high of 117.01 points in June of 2019 and a record low of 106.24 points in January of 2018. The most important categories in the Somali consumer price index are Food & Non-Alcoholic Beverages (46 percent of the total weight) and Housing, Water, Electricity & Gas (23 percent), followed by Clothing & Footwear (5 percent), Health (5 percent), Transport (4 percent), Furnishing, Households & Maintenance (3 percent), Communication (3 percent), Tobacco & Narcotics (1 percent), and Recreation & Culture (1 percent). This page provides - Somalia Consumer Price Index CPI- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cpi Housing Utilities in Somalia remained unchanged at 103.88 points in March from 103.88 points in February of 2020. Cpi Housing Utilities in Somalia averaged 105.28 points from 2018 until 2020, reaching an all time high of 109.28 points in November of 2018 and a record low of 101.76 points in June of 2019. In Somalia, Housing, Water, Electricity & Gas accounts for 23 percent of total Consumer Price Index (CPI). This page provides - Somalia CPI Housing & Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Somalia thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Somalia as reported by major credit rating agencies.

Somalia recorded 928 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Somalia reported 44 Coronavirus Deaths. This page includes a chart with historical data for Somalia Coronavirus Cases.

Somalia recorded 44 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Somalia reported 928 Coronavirus Cases. This page includes a chart with historical data for Somalia Coronavirus Deaths.

Somalia recorded 106 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Somalia reported 44 Coronavirus Deaths. This page includes a chart with historical data for Somalia Coronavirus Recovered.

Employment Rate in Australia remained unchanged at 62.60 percent in February from 62.60 percent in January of 2020. Employment Rate in Australia averaged 59.07 percent from 1978 until 2020, reaching an all time high of 62.90 percent in April of 2008 and a record low of 54 percent in April of 1983. In Australia, the employment rate measures the number of people who have a job as a percentage of the working age population. This page provides - Australia Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2011.

Turkey has implemented ambitious reforms since the late 1990s. However, support remains higher than the average in the OECD area and the most distorting forms dominate.

This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2012.

Turkey’s economy will grow stronger in the coming years, but remains overly dependent on domestic consumption funded by foreign finance, according to the latest OECD Economic Survey of Turkey.

OECD’nin yayınladığı en son Büyümeye Geçiş raporuna göre kapsamlı bir reform gündemi doğrultusunda kararlı ve sistemli adımların atılması hükümetlere, zayıf talebi canlandırmak, sağlıklı ekonomik büyümeyi canlandırmak, iş olanakları yaratmak ve kazanımları toplumun her kesimine ulaştırmak için fırsatlar sunmaktadır.

This country note provides an environmental tax and carbon pricing profile for Turkey. It shows environmentally related tax revenues, taxes on energy use and effective carbon rates.

This note presents selected country highlights from the OECD Science, Technology and Industry Scoreboard 2017 with a specific focus on digital trends among all themes covered.

In view of Turkey’s continued failure to implement key aspects of the OECD Anti-Bribery Convention and to enforce its foreign bribery laws, the Working Group on Bribery will send a high-level mission to Ankara in 2020, unless Turkey takes concrete action by October 2019.

This note presents selected findings based on the set of well-being indicators published in How's Life? 2020.

On 17 July 2012, the OECD Council adopted a Recommendation on Fighting Bid Rigging in Public Procurement, which together with the Guidelines, will help sensitise governments to assess their public procurement laws and practices at all levels in order to promote more effective procurement and reduce the risk of bid rigging in public tenders.

This publication catalogues national practices that illustrate implementation of aspects or elements of competitive neutrality and highlights examples of challenges that may be encountered.

The Netherlands has strongly benefited from globalisation, which boosted international trade, cross-border investment and economic growth over the latest decades.

This book presents the key findings resulting from discussions held at a series of best practice roundtables on competition and knowledge-based capital.

Competition authorities widely rely on leniency policies to detect, investigate and prosecute hard-core cartels. Jurisdictions that operate leniency programmes recognize the benefits of rewarding not only the first-in applicant who denounces the cartel but also subsequent applicants who provide useful corroboration or new evidence. This publication reviews the findings from a roundtable discussion held in October 2012.

This document contains the proceedings of a Roundtable on Competition and Payment Systems held in October 2012. Discussions focused on recent country experiences on developments regarding all non-paper based forms of payment such as debit and credit cards, and E-payments (through internet, mobile phones etc.).

This publication assesses the impact of previous competition law and policy reviews in nine Latin American countries: Argentina, Brazil, Chile, Colombia, El Salvador, Honduras, Mexico, Panama and Peru. This report was discussed during the 2012 annual meeting of the OECD-IDB Latin American Competition Forum held in the Dominican Republic.

This document contains the proceedings of a Roundtable on Vertical Restraints for On-line Sales held in the February 2013 session of the OECD Competition Committee. Discussions reviewed recent country experiences focusing on how e-commerce affects competition and what are the main vertical restraints competition issues.

This document compiles the material discussed in a competition policy roundtable on quality in competition analysis, including a summary of the discussion, country contributions, a background note and expert contribution on how quality factors are handled under U.S. law in the litigated assessment of the competitive effects of resale price maintenance.

This report documents procurement regulations and practices in Mexico's State's Employees' Social Security and Social Services Institute(ISSSTE) and makes policy recommendations in key procurement areas.

We need to fight distortions to competition that can arise from tax avoidance, just like we do from other forms of government intervention, such as regulation, said OECD Secretary-General.

Romania's competition system underwent a peer review of its laws and regulations at the 2014 Global Forum on Competition on 27-28 February 2014. Following this, the report was released at a launch event in Bucharest on 8 April 2014.

The President of the French Republic, Mr. François Hollande, met the Heads of five international economic organisations at the OECD on Friday 17th October to discuss the challenges facing the global economy.

Costa Rica's competition system underwent a peer review of its laws and regulations at the 2014 Latin American Competition Forum on 16-17 September 2014. The report was launched in San José on 4 December 2014 and provides a through insight into the current strengths and weakness of the Costa Rican competition regime.

This report documents procurement regulations and practices in Mexico's main electricity company (Comisión Federal de Electricidad) and makes policy recommendations in key procurement areas.

Competition policy is vital for creating opportunities for small business and big industry alike. It benefits consumers by reducing prices and increasing the choice of goods and services. This joint World Bank Group-OECD event showcased countries whose pro-competition reform efforts serve as examples for their regional and international peers and introduced tools to guide the design of new and improved policies.

Kazakhstan's competition system underwent a peer review of its law and regulation at the 2015 Global Forum on Competition on 29-30 October 2015. The report was launched in Astana on 25 May 2016 and provides a throught insight into the current strenghts and weakness of the Kazakhstan competition regime.

This report shows how competition and public procurement agencies have been using the 2012 OECD Recommendation on Fighting Bid Rigging to raise awareness of bid rigging risks and develop tools to detect bid rigging in public procurement.

Reforms that boost growth by enhancing economic flexibility often meet strong opposition related to concerns that they may imply adverse consequences for categories of workers. This study investigates how making product or labour market regulation more flexible changes workers’ risks of moving out of employment and jobless people’s chances of becoming employed.

In the framework of a project with the Mexican Ministry of Economy, this report provides an overview of international experiences and best practices regarding the role of courts in the implementation of competition policy. It presents different institutional designs, the role of courts, courts specialisation and their benefits as well as their relationship with other government bodies and stakeholders.

This publication puts forward a research agenda that advocates the importance of market competition, effective market regulation, and competition policies for achieving inclusive growth and shared prosperity in emerging and developing economies. It is the result of a global partnership and shared commitment between the World Bank Group and the OECD.

The combination of big data with technologically advanced tools is changing the competitive landscape in many markets and sectors. While this is producing benefits and efficiencies, it is also raising concerns of possible anti-competitive behaviour. This paper looks at whether algorithms can make tacit collusion easier and discusses some of the challenges they present for both competition law enforcement and market regulation.

Some policies drive growth, others act to redistribute income or wealth. While competition has long been known to drive economic growth, it can also make an important contribution to reducing income and wealth inequality. See our paper on competition and inequality.

Some policies drive growth, others act to redistribute income or wealth. While competition has long been known to drive economic growth, it can also make an important contribution to reducing income and wealth inequality.

This report documents procurement regulations and practices in Mexico's main electricity company (Comisión Federal de Electricidad) and makes policy recommendations in key procurement areas.

Paris, 31 January 2018: This workshop on regulation and competition in light of digitalisation allowed competition officials to share their experiences with existing regulations that have proved restrictive for digitalisation and started a discussion of how a competition assessment methodology can deal with the most common issues.