2024年10月23日 · As Somalia continues to rebuild economic governance institutions, it has several opportunities—rapid urbanization, the growing use of digital technologies, planned investments in energy, ports, education, and health—so building resilience to shocks is a priority to support economic growth and job creation.

Somalia's economy consists of both traditional and modern production, with a gradual shift to more modern industrial techniques. According to the Central Bank of Somalia, about 80% of the population are nomadic or semi-nomadic pastoralists, who keep goats, sheep, camels and cattle. The nomads also gather resins and gums to supplement their ...

2025年1月27日 · By far the most important sector of the economy is agriculture, with livestock raising surpassing crop growing fourfold in value and earning about three-fifths of Somalia’s foreign exchange. Agriculture in Somalia can be divided into three subsectors.

The stability of global supply value chains eased inflation in Somalia from 6.8% in 2022 to 6.1% in 2023. As part of its monetary and exchange rate policy reforms, Somalia is implementing a currency exchange program to gradually replace US dollars and counterfeit Somali shillings with new Somali shillings by 2026.

Access Somalia's economy facts, statistics, project information, development research from experts and latest news. Latest news and information from the World Bank and its development work in Somalia.

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. Much effort has been made to secure new sources of data and improve the quality of data from existing sources, the estimates presented in this

2024年8月4日 · With the right investments and policy measures, Somalia can overcome its challenges and embark on a path of sustainable growth and development. This announcement highlights the pivotal findings from the report, reflecting Somalia’s resilient economic recovery, the critical challenges it faces, and the strategic steps needed to drive its ...

Somalia Economic Outlook GDP growth accelerated from 2.4% in 2022 to 2.8% in 2023. Growth was driven by services and the agricultural sector’s recovery from drought on the supply side and by A deceleration in global inflation boosted remittances, and the return of rains improved livestock output and growth.

2024年6月20日 · Somalia’s economy is expected to grow at 3.1 percent in 2023 up from 2.4 percent in 2022. This rebound in growth was driven by improved weather conditions and policy reforms instituted by the government to reach the Heavily Indebted Poor Countries (HIPC) Completion Point.

Somalia Global Economic Prospects examines trends for the world economy and how they affect developing countries. The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets.