Somalia

Somalia Economic Outlook

  • Somalia’s largely informal economy is characterised by major information and data gaps, making estimates of economic aggregates highly uncertain.
  • Significant progress has been made in peace- and state-building and in the economic recovery programme, helped by substantial support from donors.
  • Despite the long conflict, Somalia has a vibrant and dynamic private sector in its more stable regions.

Contacts

East Africa Regional Resource Center (EARC)

African Development Bank Group
Khushee Tower
Longonot  Road, Upper Hill
Nairobi, Kenya

Phone: (254) 20 2712925/ (254) 20 2712926/ (254) 20 2712928
Fax: (254) 20 2712938

Mr. Gabriel Negatu, RRC Director


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Key Facts

Flag:
Capital: Mogadishu
Area: 638,000 sq km
Total Population 2013: 10.5 Million
Urban Population 2013: 38.68%
Female Population 2013: 50.26%
GDP: -
GNI Per Capita 2013: -
Inflation Rate: -
Crude Birth Rate (per 1000): 43.77%
Human Development Index (rank / 187): 0
Human Development Index (scale 0 to 1): -
Membership Date: 22/10/1964
Cumulative Approvals (1967-2013): UA 155.8 Million

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