Somalia
Somalia Economic Outlook
- The country’s economic base continues to be narrow with the majority of people depending on livestock and fisheries.
- The small tax base and weak public financial management continue to cause serious constraints on the government budget, thus leaving the country almost totally dependent on foreign assistance and remittances.
- While the main obstacles to commerce, investment, and government revenue collection continue to be a lack of peace and security, the Somali National Army (SNA) has had success in recovering many areas that were under Al-Shabaab’s control.
Key Facts
| Flag: |  |
| Capital: | Mogadishu |
| Area: | 638,000 sq km |
| Total Population 2017: | 11.4 Million |
| Urban Population 2017: | 73.50% |
| Female Population 2017: | 49.70% |
| GDP: | - |
| GNI Per Capita 2015: | - |
| Inflation Rate: | - |
| Crude Birth Rate (per 1000): | 43.00% |
| Human Development Index (rank / 188): | 0 |
| Human Development Index (scale 0 to 1): | - |
| Membership Date: | 22/10/1964 |
| Cumulative Approvals (1967-2016): | UA 178.4 Million |
Activity
Project Portfolio
| Reference | Project | Status |
|---|---|---|
| P-SO-E00-002 | IMPROVING ACCESS TO WATER AND SANITATION IN RURAL SOMALIA Categories: Somalia, Water Supply & Sanitation | ApprovedAPVD |
| P-SO-IZ0-007 | STRENGTHENING INSTITUTIONS FOR PUBLIC WORKS Categories: Somalia, Human Capital Development | OngoingOnGo |
News
Resources
