SOMALIA

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INTRODUCING

SOMALIA

Official title:
Federal Republic of Somalia

General Information:
Capital: Mogadishu
Population: Approximately 18.1 million (2023 est.)
Total area: 637,657 km²
Currency: Somali Shilling (SOS)
National Holiday: Independence Day, 1st July (1960)
Official Languages: Somali, Arabic
Recognized national languages: Somali and Arabic
English widely used in administration and education.

Type of government:
Federal parliamentary republic

Diplomatic and consular representative: Ambassador (Rome – Italy)

 

Economy:

  • GDP (nominal): $12.8 billion (2023 est.)
  • GDP (nominal) per capita: $775 (2023 est.)
  • GDP (PPP): $34.03 billion (2024 est.)
  • GDP (PPP) per capita: $2,060 (2024 est.)
  • GDP (real growth rate): Data limited / estimates vary due to reporting gaps

 

GDP per sector:

  • Agriculture: ~59% (estimate)
  • Industry: ~8% (estimate)
  • Services: ~33% (estimate)

 

Agricultural products: livestock (camels, sheep, goats, cattle), bananas, sorghum, maize, sesame seeds, beans

Main industries: agriculture and livestock trade, telecommunications, construction, transport and logistics, remittances‑driven services

 

Trade – Export
Exported commodities: livestock and livestock products, bananas, hides and skins, fish and seafood, charcoal, scrap metal

Main export partners:

  • United Arab Emirates,
  • Saudi Arabia,
  • Kenya,
  • Yemen,
  • Oman

 

Trade – Import
Imported commodities: manufactured goods, petroleum products, foodstuffs, construction materials, machinery and equipment, qat

Main import partners:

  • United Arab Emirates,
  • China,
  • Saudi Arabia,
  • India,
  • Kenya

Sources:

  • World Bank – World Development Indicators / Country Profile
  • IMF macroeconomic and remittances estimates
  • Trade overview from common international trade sources
  • World Bank World Development Indicators – GDP and socio‑economic estimates