Total population of Somali people in and outside Somalia
Percentage of Somali people living outside of Somalia
Rounded number of Somalis living in the United Arab Emirates
To support sustainable development spending and reduce Somalia’s reliance on external funding, “the government and the business community need to work together to find ways to increase domestic revenue without undermining a vibrant private sector, which has been an engine for Somalia’s development over the past two and half decades.”
The report shows that Somalia’s gross domestic product (GDP) growth continues to be urban-based, consumption-driven, and fueled by remittances and donor support. Over 70% of GDP is generated in urban areas. Nominal GDP is estimated to have grown by 5% in 2015 and by 6% in 2016, but data constraints make it difficult to comprehensively assess the macroeconomic situation, especially the rural sector and non-marketed output, such as water, fodder, and food grown for household consumption. Read More.
Somalia’s Investment Promotion policy is to advance the nations development, progress and prosperity. Somalia’s Economic diplomacy utilizes all our international assets to advance Somalia and the world’s prosperity.
Our national economic diplomatic agenda encompasses promoting trade, encouraging growth, attracting investment and supporting both national and Foreign Investors to flourish in diverse product and service markets across Somalia.
Somali Government and Mission officials
H.E. Hassan Sheikh Mohamud
H.E. Hamza Abdi Barre
Minister of FAIC
H.E Abshir Omar Jama
ABOUT THE EMBASSY
Embassies District. Al Karama Street
Plot No: 31, Post Office Box 4155
Abu Dhabi, United Arab Emirates
Tel: +971 2 666 9700
Fax: +971 2 665 1580