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Somalia

Somalia Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Somalia; country and population overview

 
 
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Central bank

N/A

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International Reserves

N/A

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Gross Domestic Product - GDP

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GDP (Purchasing Power Parity)

N/A

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Real GDP growth
2003 2004 2005 2006 2007 2008 2009 2010
N/A N/A N/A N/A N/A N/A N/A N/A
2011 2012 2013 2014        
N/A N/A N/A N/A        

 

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GDP per capita - current prices

N/A

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GDP per capita - PPP

N/A

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GDP (PPP) - share of world total
1980 1990 2000 2010 2015
N/A N/A N/A N/A N/A
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GDP - composition by sector
  • agriculture: 59.3% 
  • industry: 7.2% 
  • services: 33.5% (2012 estimate)
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Gross domestic expenditure on R&D; (% of GDP)

N/A

 

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Inflation
2011 2012 2013 2014
N/A N/A N/A N/A

 

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Unemployment rate
2011 2012 2013 2014
N/A N/A N/A N/A

 

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Household saving rates

N/A

 

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Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014
N/A N/A N/A N/A N/A

 

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Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014
N/A N/A N/A N/A N/A

 

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Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

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Market value of publicly traded shares
2010 2011 2012
N/A N/A N/A
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Largest companies in Somalia

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Current account balance

N/A

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Current account balance by percentage of GDP

N/A

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Exports as percent of GDP(Exports of goods and services)

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Shares in world total merchandising export

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Shares in world total commercial services export

N/A

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Total exports

US$515.8 million (2012 estimate) 

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Export commodities

livestock, bananas, hides, fish, charcoal, scrap metal

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Total imports

US$1.263 billion (2010 estimate) 

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Import commodities

manufactures, petroleum products, foodstuffs, construction materials, qat

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Exports - major partners

UAE 51.7%, Yemen 18.1%, Oman 13% (2012)

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Imports - major partners

Djibouti 27.3%, India 13.2%, Kenya 7.1%, China 6.7%, Pakistan 6.4%, Oman 5.1%, UAE 5%, Yemen 4.4% (2012)

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FDI inflows
2011 2012 2013
US$102 million US$107 million US$107 million
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FDI outflows
2011 2012 2013  
N/A N/A N/A  
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Value of cross-border M&A;, by country of purchaser
2010 2011 2012 2013
N/A N/A N/A N/A
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Cross-border M&A; deals worth over $3 billion completed in 2012(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

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Cross-border M&A; deals worth over $3 billion completed in 2013(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

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Best countries for doing business World Bank/IFC Doing Business Project

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: N/A

Subcategories:

Starting a business: N/A(2009)

Enforcing Contracts: N/A

Registering Property: N/A

Getting credit: N/A

Protecting investors: N/A

Trading across border: N/A

Paying Taxes: N/A

Dealing with Construction Permits: N/A

Getting Electricity: N/A

Resolving Insolvency: N/A

 

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Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

N/A

 

 

 

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Index of Economic FreedomWSJ and Heritage Foundation

N/A

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Time zone

UTC+3

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Total area

637,657 sq km

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Capital

Mogadishu

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Currency

Somali shillings (SOS)

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Government type

in the process of building a federal parliamentary republic

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Languages

Somali (official), Arabic (official, according to the Transitional Federal Charter), Italian, English

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Religions

Sunni Muslim (Islam) (official, according to the Transitional Federal Charter)

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Total population
1980 1990 2000 2014* 2019
N/A N/A N/A

10,428,043

 N/A

*Estimate   

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Urban population as % of total population
1960 1980 2000 2013
17.3% 27% 33% 39%
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Population median age

17.7 years (2014 est.)

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Population growth rate

1.75% (2014 est.)

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Life expectancy

51.58 year (2014 est.)

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Adult literacy

37.8% (2001 est.)

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% of population living on less than $2 a day

N/A

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Inequality of wealth distribution (Gini index)

N/A

 

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Freedom House rating

Political Rights: 7
Civil Liberties: 7 (2014)

(1 represents the most free, 7 the least free)

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Total telephone subscribers as % of population

Fixed 0.6%  Mobile  49.4%
(2013)

(fixed-telephone subscribers and mobile-cellular subscribers)

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Internet users as % of total population

1.5% (2013)
 

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Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

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CO2 emissions(Metric tons of CO2 per capita)

0.01 (2010)
 

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