The economy of Somalia is $4.918 billion by gross domestic product as of 2020.
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Economy of Somalia.
Statistics
Population 15,442,910 (2019)
GDP $5 billion (nominal, 2022) $19.8 billion (PPP, 2022)
GDP growth 1.4% (2017) 2.8% (2018) 2.9% (2019e) 3.2% (2020e)
GDP per capita $330 (nominal; 2022 est.) $1320 (PPP; 2022 est.)
Mogadishu enjoyed the height of its prosperity during the 14th and 15th centuries and was during the ...
1 year agoSomalia is classified by the United Nations as a least developed country, with the majority of its p ...
1 year agoThe mineral industry of Somalia produces small quantities of gemstones and salt. The country also ha ...
1 year agoMorocco has a GDP per capita of $6,900 as of 2020, while in Somalia, the GDP per capita is $800 as o ...
1 year agoAbdirashid Duale (Somali: Cabdirashiid Siciid Ducale, Arabic: عبد الرشيد دعاله) is a multi-millionai ...
1 year agoAbdirashid Duale is the most well known billionaire in Somalia. He is the head and CEO of Dahabshiil ...
1 year agoMorocco has a GDP per capita of $6,900 as of 2020, while in Somalia, the GDP per capita is $800 as o ...
1 year agoAgriculture is the most important economic sector. It accounts for about 65% of the GDP and employs ...
1 year agoSomalia has a GDP per capita of $800 as of 2020, while in Syria, the GDP per capita is $2,900 as of ...
1 year agoSomalia has untapped reserves of numerous natural resources, including uranium, iron ore, tin, gypsu ...
1 year agoItaly negotiated a protectorate in what became known as “Italian Somaliland” in 1889 in the hopes th ...
1 year ago Why are Somali Muslims?An alternate theory states that Islam was brought to the coastal settlements of Somalia between the ...
1 year ago What is the biggest Somali family?The clan primarily settles the apex of the Horn of Africa and its peripheries, the Somali hinterland ...
1 year ago Are Somalian Muslims?Islam is the dominant religion of Somalia, practiced by over 99% of the population. The vast majorit ...
1 year ago What kind of tourism is popular in Kenya?wildlife safaris The wildlife safaris have been the top tourist attractions in Kenya for decades. O ...
1 year ago Is it ok to travel to Kenya now?Exercise increased caution in Kenya due to crime, terrorism, civil unrest, and kidnapping. Some area ...
1 year ago What is the main threat of tourism in Kenya?Malaria still remains the greatest single health threat to tourists visiting Kenya. ...
1 year ago What is the best time to visit Kenya?The best time to visit Kenya is from June to October when there's virtually no rain and daytime temp ...
1 year ago Why is Kenya so popular?Kenya is known for being the world's best safari destination, with 50 epic national parks and reserv ...
1 year ago Is tourism big in Kenya?NAIROBI, Feb 22 (Reuters) - Kenya's tourism industry, one of the East African nation's top sources o ...
1 year ago