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Country Profile

 The Islamic Chamber of Commerce , Industry and Agriculture (ICCIA)
Republic of Somalia
Head of State : Mohamed Abdullahi Farmajo
Population : 14.32 Million (2016)
Capital City : Mogadishu
Largest City : Hargeisa
Languages : Somali, Arabic, Italian, English
Monetary Unit : Somali shilling
GDP (USD) : 6.22 Billion (2016)
Foreign Direct Investment (FDI) (USD) : 0.34 Billion (2016)
GNI (USD) : 5.73 Billion (2016)
Exports of Goods & Services (USD) : 924 Million (2016)
Imports of Goods & Services (USD) : 3.92 Billion (2016)
Life Expectancy at Birth : 55.87 Years (2015)
Location & Geography
Somalia comprises the perimeter of the Horn of Africa, the Easternmost point of the continent. It is bordered by the Gulf of Aden and Djibouti in the North, the Indian Ocean in the East and South-east, Kenya in the South and South-west, and Ethiopia in the West. Southern Somalia is traversed by two rivers which flow towards the ocean from Ethiopia. This coastline forms “the Horn of Africa”. The terrain is made up mostly of flat to undulating plateau rising to hills in the North. A very small part of the land is arable and there are no permanent crops. Forests and woodlands are very limited. The climate is tropical but arid. Alternating North-west and South-west monsoon winds blow throughout the year creating a moderating effect on temperatures.
Investment Profile
Doing Business 2017 Rank**Doing Business 2018 Rank**Change in Rank
Doing Business 2017 DTF**Doing Business 2018 DTF**Change in DTF**
(% points)
Investment Opportunities
Provision of Printing Services
Industry, Services | January 10, 2016
Construction of Balleys and Associated Works
Infrastructure and construction | January 10, 2016
Capacity Assessment of Las Anod and Erigavo Hospitals Sool and Sanaag Hospitals
Healthcare and Medicine, Consultancy, Services | January 10, 2016