Official Name: Federal Republic of Somalia
Sovereign Status: Sovereign Country
Government Type: Federal Parliamentary Republic
Official Name (Local Language): Jamhuuriyada Demuqraadiga Soomaaliyeed
ISO Country Codes: SO : SOM
Internet Domain: .so
Government Web Site:
Capital: Mogadishu Main Airports: Aden Adde International Airport
Language(s): Somali;Arabic Population: 12,386,248
Currency: Somali Shilling ISO Currency Code: SOS
Telephone Dial In: +252 ID Prefix: 00

Travel Guides:


Government Website:
Central Bank: Central Bank of Somalia
Currency USD Exchange Rate: 23,960 Somali shillings (SOS) per US dollar (2016 est.)
Unemployment Rate: NA
Population below poverty line: NA
Inflation Rate: 1.5% (2017 est.)
Prime Lending Rate: 33.70% (1988 - World Bank)
GDP: $19.399 billion (2021 est.)
GDP Pro Capita (PPP): $1,100 (2021 est.)
Currency Name: Somali Shilling
Currency Code: SOS
World Bank Classification: Low-Income Economy

GDP Composition:

Agriculture: 60.2% bananas, sorghum, corn, coconuts, rice, sugarcane, mangoes, sesame seeds, beans; cattle, sheep, goats; fish
Industry: 7.4% light industries, including sugar refining, textiles, wireless communication
Services: 32.5%

Source: Central Intelligence Agency Factbook

Financial Exchanges:
Stock & Securities Exchange: Somali Stock Exchange ;

National Statistics Office:

National Dataset(s):


Subject to Country Specific Sanctions? EU and OFAC

Business Language(s): English; Somali
Customs & Excise: Ministry of Finance
Development Bank(s): African Development Bank; Trade and Development Bank; Islamic Development Bank; Somali Development and Reconstruction Bank;
Competitive Ind’l Performance: N/A Corruption Perceptions Index: 180/180 (2022 Rank)
Ease of Doing Business: N/A Enabling Trade Index: N/A
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Investment & Export Promotion Agency: Trade Invest Somalia ;


$94.43 billion (2018 est.)

Main Imports:

manufactures, petroleum products, foodstuffs, construction materials, qat


$0.819 billion (2014 est.)

Main Exports:

livestock, bananas, hides, fish, charcoal, scrap metal

Top Export Partners:

UAE 36.1%

Oman 33.4%

Yemen 15.5%

Top Import Partners:

Oman 17.1%

Djibouti 17%

India 15%

China 10.7%

Kenya 5.5%

Source: Central Intelligence Agency Factbook

Regional Trade Agreements & Organisations:


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