Somalia National Gdp, It contributes more than 65% to the nati
- Somalia National Gdp, It contributes more than 65% to the national GDP from domestic distribution and exports to other parts of the continent, Asia and Europe. Agriculture’s share of gross domestic product (GDP) is approximately 75%, and represents 93% of total exports, mostly linked to robust livestock exports in the recent pre-drought years. The Equator passes through southern Somalia. Somalia's alignment with communist states, coupled with its proclaimed adherence to scientific socialism, led to frequent accusations that the country had become a Soviet satellite. Includes customs, culture, history, geography, economy current events, photos, video, and more. Stretching from the Gulf of Aden to the equator, Somalia has historically connected Africa, the Middle East, and Asia through commerce and migration. A virtual guide to Somalia, officially the Federal Republic of Somalia, the easternmost country on mainland Africa is situated on the peninsula known as the Horn of Africa. Somalia has an estimated population of more than 18 million, of which 2. It is bordered by Djibouti to the northwest, Kenya to the southwest, the Gulf of Aden with Yemen to the north, the Indian Ocean to the east, and Ethiopia to the west. Jobs with country: Kenya Kenya Consultancy for a Gender-Responsive Policy Analysis on Environmental Management, Climate Change Adaptation & the Sustainable Blue Economy Organization GROOTS Kenya . Rep. S. About 10% of the Somali diaspora live within North America. 7 million live in the capital and largest city, Mogadishu. Somalia has a long tradition of national planning, stretching back decades. Explore upcoming events and more here. It extends from just south of the Equator northward to the Gulf of Aden and occupies an important geopolitical position between sub-Saharan Africa and the countries of Arabia and southwestern Asia. The annual Gross Domestic Product (GDP) statistics are key indicators of Somalia’s economy and its growth in recent years, providing estimates of expenditure levels and growth across the economy. Feb 4, 2026 · In 1997, The World Factbook went digital and debuted to a worldwide audience on CIA. 3 days ago · Somalia, easternmost country of Africa, on the Horn of Africa. About NDP-9 The Federal Government of Somalia presents the ninth National Development Plan (NDP-9), 2020-2024, which provides the nation with a path leading to economic growth and reduction of poverty within the next five years. The Federal Government of Somalia (FGS; Somali: Dowladda Federaalka Soomaaliya, DFS; Arabic: الحكومة الفيدرالية الصومالية) is the internationally recognised government of Somalia, and the longest running attempt to create a central government in Somalia since the collapse of the Somali Democratic Republic in 1991. The Intergovernmental Authority on Development (IGAD) in Eastern Africa was created in 1996 and has 8 member states. Dec 16, 2023 · Somalia is an African country located in the Horn of Africa (a peninsula forming the easternmost projection of Africa). Unique hard to find content on Somalia. In the 19th century, it came under the sphere of influence of the Sultanate of the Geledi. In the 17th century, Mogadishu and parts of southern Somalia fell under the Hiraab Imamate. NDP-9 builds on the progress of and lessons learned 2. Trump is facing criticism after his speech on affordability veered into another anti-immigration message. The mission assisted the SNBS GDP (current LCU) - Somalia, Fed. Somalia has the longest coastline on Africa's mainland. The World Bank does not guarantee the accuracy of the data included in this work. The capital is Mogadishu. Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development ( OECD ); Staff estimates, World Bank ( WB ) Somalia National Bureau of Statistics releases the 2024 GDP Report, revealing a 4. The mission’s purpose was to provide technical assistance to the Somalia National Bureau of Statistics (SNBS) in conducting a comprehensive gross domestic product (GDP) revision to incorporate latest source data and methods and to update the base year from 2017 to 2022. 1% economic growth—driven by robust investment, strong household consumption & a vibrant services sector Somalia National Trade Facilitation Committee capacity building workshop for the implementation of the WTO trade facilitation agreement Mogadishu, Somalia 16 February – 1 April 2026 TrainForTrade Port Management Programme Training of Trainers of the English-speaking network 2026 Online and Belfast, United Kingdom of Great Britain and Northern Somalia’s gross domestic product was $11. 97 billion in 2024, according to a release from the country’s Bureau of National Statistics. Livestock and crops remain the main sources of economic activity, employment, and exports in Somalia. Somalia, officially the Federal Republic of Somalia, is located on the Horn of Africa in East Africa. 3 days ago · Somalia in depth country profile. The World Factbook appealed to researchers, news organizations, teachers, students, and international travelers. Agriculture in Somalia (Somali: Beeraha Soomaaliya) is the largest economic sector in Somalia and the country's major source of employment. Explore Somalia Economic development data for Human Capital by income group (low, lower-middle, upper-middle and high income countries) or region (Europe & Central Asia, Latin America, North America, Middle East and North Africa, Sub Saharan Africa, East Asia & Pacific) for health, education, and labour, employment, & job policies. As one of Africa's most ethnically homogenous countries, around 85% of its residents are ethnic Somalis. The agriculture sector is a significant economic activity and contributes significantly to the national GDP of Somalia, where many people rely on agricultural practices because one in two Somalis depend on agriculture for their livelihoods, and the agricultural sector accounts for a significant component of Somalia’s GDP and exports. Somalia has the longest coastline on Africa's mainland. Jan 23, 2026 · Horseed Media's English News section provides up-to-date coverage of Somali and international events, offering insightful analysis and reports on political, economic, and social developments. The gross domestic product (GDP) by fiscal year in Somalia was estimated at about 12. Jan 10, 2026 · Somalia is a Horn of Africa nation with a long Indian Ocean coastline, deep trading heritage, and a society shaped by resilience and entrepreneurship. Somalia Today is the independent source for essential news and analysis on Somalia, telling Somalia's authentic story to the world. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries. gov, where it garnered millions of views each year. 13 billion U. 3 Laws and regulations in Federal Member States of Somalia 37 CHAPTER 2: United Nations Support to the 2030 Agenda 23 2 1 Theory of Change 24 This Technical Assistance report on Somalia highlights National Accounts Statistics Mission. Somalia has a population of 19 million people within its borders, 10 million in neighboring countries, and nearly 2 million in the global diaspora. x9jo, ue9tzb, crphfx, hbkx, rgbe, 6lyos, h02rak, 41a9n, b7mf, ttumn,