Somalia Overview: Development news, research, data
GDP growth recovered to 2.9% in 2021 but is projected to have fallen to 1.7% in 2022 under the regional drought and worsening global economic conditions.
African Economic Outlook 2021 - African Development Bank
Data Portal. Macro-economics Policy, Forecasting and Research. MapAfrica. Statistics. Africa Information Highway (AIH) African Development Institute. Publications.
Somalia Economic Outlook African Development Bank
Outlook and risks. The outlook is clouded by insecurity, political uncertainty, COVID-19 (given a 5.5% vaccination rate in December 2021), and climate
Somalia Economic Update: Investing in Social Protection to Boost
NAIROBI, November 29, 2022 ?The World Bank 7 th Somalia Economic Update (SEU) provides an update of recent economic developments and growth outlook that makes a case for investing in social protection to help confront the frequent shocks that buffet the country and its human capital. The Economic Update series aims to contribute to
Strengthening SomaliaÕs Systems Smartly The World Bank
Strengthening Somalia’s Systems Smartly: A Country Systems Risk Benefit Analysis v modality; it is less obvious that these concerns, taken as a whole, clearly augur for or
Information and communications technology can foster economic recovery
While it had 16 points when the project began, in 2014, it had risen to 63 points out of a possible 100 by 2020. This ranking positions Somalia alongside regional peers that have much more mature markets. Most importantly, Somali consumers benefitted from a better regulated telecom environment.
Does Oil Price Affect the Economic Growth in Somalia
economic growth in Somalia using the nonlinear Autoregressive Distributed Lag model with annual time series data stretching from 1990 to
Strengthening Somalia脮s Systems Smartly - The World Bank
Strengthening Somalia Systems Smartly: A Country Systems Risk Benefit Analysis iv Executive Summary Somalia donors are unambiguous: statebuilding is a key, if not the key, goal of their development assistance. This paper examines donors?decision-making about the use of country systems (UCS), an
Somalia: Development news, research, data World Bank
Somalia is currently facing the worst drought in 40 years. As in other countries, hunger has increased, amid a series of global shocks affecting the supply of food, including COVID
Agriculture Remains Key to Somalia Economic Growth and Poverty Reduction
Livestock and crops remain the main sources of economic activity, employment, and exports in Somalia. Agriculture share of gross domestic product (GDP) is approximately 75%, and represents 93% of total exports, mostly linked to robust livestock exports in the recent pre-drought years.
