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
| Indicator | Value | Period | Source |
|---|---|---|---|
| Real GDP growth | 3.1% | 2025 (estimate) | IMF WEO |
| Inflation, average consumer prices | 3.7% | 2025 (estimate) | IMF WEO |
| GDP, current prices | US$13.2bn | 2025 (estimate) | IMF WEO |
| GDP per capita, current prices | US$780 | 2025 (estimate) | IMF WEO |
| Government net lending (+) / borrowing (-) | -0.3% | 2025 (estimate) | IMF WEO |
| Current account balance | -24.3% | 2025 (estimate) | IMF WEO |
| Population | 19.7 million | 2025 | World Bank WDI |
| Population growth | 3.34% | 2025 | World Bank WDI |
| Urban population | 55.1% | 2025 | World Bank WDI |
| Unemployment (modelled ILO estimate) | 18.9% | 2025 | World Bank WDI |
| Foreign direct investment, net inflows | 6.4% | 2025 | World Bank WDI |
| External debt stocks | 13.8% | 2025 | World Bank WDI |
| Official exchange rate (period average) | 23,098 LCU per USD | 2017 | World Bank WDI |
| Trade (exports plus imports) | 128.1% | 2025 | World Bank WDI |
| Domestic credit to the private sector | 5.4% | 2024 | World Bank WDI |
| Internet users | 27.9% | 2024 | World Bank WDI |
| Mobile subscriptions | 53.96 per 100 people | 2023 | World Bank WDI |
| Fixed broadband subscriptions | 0.72 per 100 people | 2023 | World Bank WDI |
| Access to electricity | 54.4% | 2024 | World Bank WDI |
| Renewable share of final energy consumption | 95.4% | 2022 | World Bank WDI |
| Oil rents | 0% | 2021 | World Bank WDI |
| Mineral rents | 0% | 2021 | World Bank WDI |
| Employment in agriculture | 30% | 2025 | World Bank WDI |
| Political stability and absence of violence | 27.62 | 2025 | World Bank WGI |
| Regulatory quality | 26.15 | 2025 | World Bank WGI |
| Rule of law | 22.92 | 2025 | World Bank WGI |
| Control of corruption | 13.92 | 2025 | World Bank WGI |
| Government effectiveness | 13.32 | 2025 | World 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
- Africa Finance Corporation US$2bn syndicated term loan (26 lenders): Nigerian counsel to the lenders
- Barclays, Commerzbank, First Abu Dhabi Bank, FirstRand and partners invest USD 2 billion in Africa Finance Corporation
- Zaad Group acquire remaining 60% stake in EASEED Group
- Islamic Development Bank, and the Islamic Solidarity Fund for Development, through the Tadamon Accelerator for Food Security, Provided Grant Funding to Tiriig Technology’s Operations in Somalia for USD 10k
- Islamic Development Bank, and the Islamic Solidarity Fund for Development, through the Tadamon Accelerator for Food Security, Provided Grant Funding to Greenlife Agribusiness Limited’s Operations in Somalia for USD 10k
- United Nations Development Programme (UNDP), the Islamic Development Bank (IsDB), and the Islamic Solidarity Fund for Development (ISFD) invest in Green Arlaadi Organization’s operations in Somalia for USD 20k
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.