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Country Intelligence

Somalia

East Africa

Comprehensive economic, trade, industry and opportunity intelligence for Somalia.

Capital Mogadishu
Population 19.65M (2025)
Currency Somali Shilling (SOS)
Language Somali, Arabic
Government Federal parliamentary republic
Region East Africa
Income Level Low income (World Bank)

Key Economic Indicators

Latest Available Data
GDP (Nominal)$13B (2025)Annual data
GDP Growth (Real)2.99% (2025)Annual data
GDP Per Capita$661.17 (2025)Annual data
Inflation (CPI, annual)Data unavailableAnnual data
Unemployment (modeled ILO)18.95% (2025)Annual data
Population19.65M (2025)Annual data
Source: World Bank. Annual data; each card displays its own reference year. View More Economic Data

Trade Overview (Goods)

Merchandise Exports$1.3B (2025)
Merchandise Imports$3.93B (2025)
Trade Balance-$2.63B (2025)
Source: World Bank merchandise trade. Balance uses a common year.

Top Trading Partners — Total Goods Trade

  1. 1Data unavailable —
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Source: UN Comtrade; annual goods trade
  1. 1.Livestock
  2. 2.Telecommunications
  3. 3.Remittance & Money Transfer
  4. 4.Fisheries
  5. 5.Agriculture
View All Industries
  1. 1.Data unavailable
View All Exports
  1. 1.Data unavailable
View All Imports

Market Outlook

Somalia is a low-income economy in East Africa with nominal GDP of $13B (2025) and real growth of 2.99% (2025). Key sectors include Livestock, Telecommunications and Remittance & Money Transfer. Explore dated official statistics, trade flows and ATN business opportunities for Somalia.

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Investment Indicators

Latest Available Data
FDI Net Inflows$765M (2024)Annual data
Inward FDI StockData unavailableUNCTAD · annual observation pending refresh
Doing Business Rank (historical)Data unavailableHistorical series

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Land Area 627,340 km² (2023)
Time Zone UTC+3
Major Ports Mogadishu, Berbera, Bosaso, Kismayo
Major Airports Mogadishu Aden Adde (MGQ)
Internet Users (% population) 27.94% (2024)
Mobile Subscriptions 9.91M (2023)
Source: World Bank (land, internet, mobile). Time zone, ports and airports: ATN editorial reference. View More Country Data

Somalia On The Map

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