Country intelligence

Somalia

Last updated 15 Nov 2026, 05:19 UTC (sources checked) · figures last changed 15 Nov 2026

Partner risk indices

Country Risk Index
69
Political Risk Index
61.3
Short-Term Economic Risk Index
67.9
Long-Term Economic Risk Index
68.1
Operational Risk Index
77.5

Source: Partner Research Partner, as of 8 Nov 2026. 0-100, higher means higher risk.

Key indicators

IndicatorValuePeriodSource
Real GDP growth3.1%2025 (estimate)IMF WEO
Inflation, average consumer prices3.7%2025 (estimate)IMF WEO
GDP, current pricesUS$13.2bn2025 (estimate)IMF WEO
GDP per capita, current pricesUS$7802025 (estimate)IMF WEO
Government net lending (+) / borrowing (-)-0.3%2025 (estimate)IMF WEO
Current account balance-24.3%2025 (estimate)IMF WEO
Population19.7 million2025World Bank WDI
Population growth3.34%2025World Bank WDI
Urban population55.1%2025World Bank WDI
Unemployment (modelled ILO estimate)18.9%2025World Bank WDI
Foreign direct investment, net inflows6.4%2025World Bank WDI
External debt stocks13.8%2025World Bank WDI
Official exchange rate (period average)23,098 LCU per USD2017World Bank WDI
Trade (exports plus imports)128.1%2025World Bank WDI
Domestic credit to the private sector5.4%2024World Bank WDI
Internet users27.9%2024World Bank WDI
Mobile subscriptions53.96 per 100 people2023World Bank WDI
Fixed broadband subscriptions0.72 per 100 people2023World Bank WDI
Access to electricity54.4%2024World Bank WDI
Renewable share of final energy consumption95.4%2022World Bank WDI
Oil rents0%2021World Bank WDI
Mineral rents0%2021World Bank WDI
Employment in agriculture30%2025World Bank WDI
Political stability and absence of violence27.622025World Bank WGI
Regulatory quality26.152025World Bank WGI
Rule of law22.922025World Bank WGI
Control of corruption13.922025World Bank WGI
Government effectiveness13.322025World Bank WGI

Market overview

  • Somalia is in East Africa and is classified by the World Bank as Low income. (World Bank)
  • Population: 19.7 million (2025). (World Bank WDI)
  • GDP: US$13.2bn in 2025 (estimate). (IMF WEO)

Economic conditions

  • Real GDP growth: 3.1% in 2025 (estimate); the IMF projects 2.3% for 2026. (IMF WEO)
  • Average consumer price inflation: 3.7% in 2025 (estimate); projected 6.3% for 2026. (IMF WEO)
  • Current account balance: -24.3% of GDP in 2025 (estimate). (IMF WEO)
  • Government net lending/borrowing: -0.3% of GDP in 2025 (estimate). (IMF WEO)
  • Official exchange rate averaged 23,097.99 local currency units per US dollar in 2017, against 22,254.24 in 2015: 3.8% more units per dollar (the currency weakened against the dollar). (World Bank WDI)

Key risks

  • Partner risk indices (0-100, higher = higher risk), as of 8 Nov 2026: Country Risk Index 69 (rank 51 of 53 in Africa, 1 = lowest risk); Political Risk Index 61.3 (rank 48 of 53 in Africa, 1 = lowest risk); Short-Term Economic Risk Index 67.9 (rank 51 of 53 in Africa, 1 = lowest risk); Long-Term Economic Risk Index 68.1 (rank 50 of 53 in Africa, 1 = lowest risk); Operational Risk Index 77.5 (rank 51 of 53 in Africa, 1 = lowest risk). (Partner Research Partner)
  • Highest-scoring Partner risk component: crime and security risk (85.3, operational). (Partner Research Partner)
  • World Bank governance scores (2025, 0-100, higher is better): control of corruption 14; government effectiveness 13; political stability and absence of violence 28; rule of law 23; regulatory quality 26. (World Bank WGI)
  • External debt stocks: 13.8% of GNI (2025). (World Bank WDI)
  • Unemployment (modelled ILO estimate): 18.9% of labour force (2025). (World Bank WDI)

Investment considerations

  • Foreign direct investment, net inflows: 6.4% of GDP (2025). (World Bank WDI)
  • Domestic credit to the private sector: 5.4% of GDP (2024). (World Bank WDI)
  • Trade (exports plus imports): 128.1% of GDP (2025). (World Bank WDI)
  • The Meridian holds 72 published records tagged to Somalia. (The Meridian)

Sector snapshot

  • Energy and power: access to electricity 54.4% of population (2024); renewable share of final energy consumption 95.4% (2022). (World Bank WDI)
  • Mining and minerals: mineral rents 0% of GDP (2021). (World Bank WDI)
  • Financial services: foreign direct investment, net inflows 6.4% of GDP (2025); domestic credit to the private sector 5.4% of GDP (2024). (World Bank WDI)
  • Technology, media and telecoms: internet users 27.9% of population (2024); mobile subscriptions 54 per 100 people (2023). (World Bank WDI)
  • Agriculture: employment in agriculture 30% of employment (2025). (World Bank WDI)
  • Infrastructure and real estate: urban population 55.1% of population (2025); access to electricity 54.4% of population (2024). (World Bank WDI)

Data limitations and sources

  • Older data, shown with its period and not described as current: Official exchange rate (period average) (Latest published value is for 2017); Mobile subscriptions (Latest published value is for 2023); Fixed broadband subscriptions (Latest published value is for 2023); Renewable share of final energy consumption (Latest published value is for 2022); Oil rents (Latest published value is for 2021); Mineral rents (Latest published value is for 2021).
  • IMF figures for the most recent year are IMF estimates and later years are projections. World Bank series typically lag by one to two years. Headlines come from automated news monitoring and are not verified by The Meridian.
  • Sources last checked 15 Nov 2026.

Meridian transactions

Economic baseline (World Bank / IMF)

GDP
$13.2bn2025
Real GDP growth
3.1%2025
GDP per capita
$7802025
Consumer price inflation
3.7%2025
Population
17.0m2025
Current account balance (% of GDP)
-24.3%2025

Sources: IMF World Economic Outlook via the IMF DataMapper (latest year shown is no later than 2025; recent years may be IMF estimates). Latest available year shown; refreshed weekly. Compare all 54 markets.

Investors active in Somalia

All investors and indicators for Somalia