Markets · East Africa
Somalia
Mogadishu · Somali shilling (SOS) · EAC · COMESA · IGAD
Reference
- Capital
- Mogadishu
- Currency
- Somali shilling · SOS
- Central bank
- Central Bank of Somalia
- Regional membership
- Official languages
- Somali, Arabic
- Stock exchange
- Not listed here
- Instant payments
- Not listed here
- Regulatory sandbox
- Not listed here
A blank field means the item is not listed on this page, not that it does not exist.
Figures
- GDP (current US$)
- $13.0 bn · 2025
- GDP growth (annual %)
- 3.0% · 2025
- Population
- 19.7 m · 2025
- Inflation, consumer prices (annual %)
- Not available for the latest year
- Personal remittances received (current US$)
- Not available for the latest year
- Exchange rate · SOS
- 572 SOS per US dollar · 2026-08-29
World Bank, World Development Indicators, via the World Bank API; year as published. Mid-market reference from exchangerate-api.com, refreshed daily; not a dealing rate.
Headlines · 31
From the AllAfrica country feed and pan-African newsrooms; each item links to the original.
BBC News Africa
Somali piracy surges as the impact of the US-Iran war ripples outwards
Two ships were seized within four days last week raising to at least 13 the number attacked since January.
AllAfrica · Somalia
Red Sea States Seek Stronger Maritime Security Cooperation As Threats Rise
[Shabelle] Nairobi -- Countries bordering the Red Sea and Gulf of Aden are seeking to strengthen maritime security cooperation as threats including piracy, human trafficking and disruptions to commercial shipping…
AllAfrica · Somalia
Former South West Leader Rejects Al-Shabaab Links to Regional Forces
[Shabelle] Baidoa -- Former South West State President Abdiaziz Hassan Mohamed Laftagareen has strongly rejected allegations linking the state's Darawish forces to Al-Shabaab and urged the African Union and its Somalia…
AllAfrica · Somalia
Somalia Reaffirms Support for Palestinians At OIC Emergency Meeting
[Shabelle] Jeddah -- Somalia's Deputy Foreign Minister and International Cooperation Minister Hassan Mohamed Ali Nadaara led the Somali delegation at the 23rd Extraordinary Session of the Organisation of Islamic…
AllAfrica · Somalia
Somalia Holds National Meeting to Prepare for Possible Super El Niño Impacts
[Shabelle] Mogadishu, Somalia -- Somalia's National Disaster Management Agency (SoDMA) has opened a national meeting in Mogadishu to strengthen preparations for the potential impact of Super El Niño 2026.
AllAfrica · Somalia
Somalia and Tanzania Discuss Public Service Reforms and Government Management
[Shabelle] Dodoma, Tanzania -- Somalia's Minister of State at the Prime Minister's Office, Hirsi Jama Gaani, leading a federal government delegation, met on Thursday with Tanzania's Minister of State in the President's…
AllAfrica · Somalia
Somali Cabinet Approves Two Agreements With Mauritania
[Shabelle] Mogadishu, Somalia -- Somalia's Cabinet on Thursday approved two agreements with Mauritania on political consultations and diplomatic training, while reviewing the country's security situation and efforts to…
AllAfrica · Somalia
Hunger Crisis Threatens Somalia As Floods Come On Top of Drought and Conflict
[Shabelle] Mogadishu, Somalia -- Conflict-stricken Somalia has been devastated by drought and stark cuts in humanitarian aid this year and is now bracing itself for sweeping floods that could push millions more into…
AllAfrica · Somalia
Somaliland, Israeli Envoys Discuss Red Sea Security in Nairobi
[Horn Diplomat] Nairobi (Horndiplomat) -- Somaliland's representative to Kenya, Dr. Mohamed Abdilahi Omar, held talks with Israeli Ambassador Gideon Behar in Nairobi on Thursday, discussing Somaliland's political…
AllAfrica · Somalia
Somalia Disaster Chief Meets NRC Head Over Drought, Floods and Displacement
[Shabelle] Mogadishu, Somalia -- Somalia's disaster management chief Mahmoud Moallin Abdulle met Norwegian Refugee Council Secretary-General Jan Egeland in Mogadishu to discuss the country's worsening humanitarian…
AllAfrica · Somalia
Somalia PM Travels to Qatar to Strengthen Strategic Ties
[Shabelle] Mogadishu, Somalia -- Somali Prime Minister Hamza Abdi Barre has travelled to Qatar on an official visit following an invitation from the Qatari government, Somalia's prime minister's office said.
AllAfrica · Somalia
AUSSOM Nigerian Police Commander Renews Pledge to Support Peace and Security in Somalia
[Shabelle] Mogadishu -- At the Al-Jazeera II Forward Operating Base (FOB) in Mogadishu, the air carries a heavy stillness - a hard-won quiet maintained by 159 personnel of the Nigerian Formed Police Unit (NFPU) under…
AllAfrica · Somalia
Imo Calls for Action As Somali Pirates Hold More Than 90 Seafarers
[Shabelle] Imo Secretary general Arsenio Dominguez has called for the immediate release of more than 90 seafarers being held captive by pirate groups.
AllAfrica · Somalia
UK Backs Somalia's Path to Security and Political Progress As Minister Visits Mogadishu
[Shabelle] Mogadishu -- UK's Minister for Development and Africa Kirsty McNeill MP makes her first visit to Somalia, reaffirming the UK as a committed partner to Somalia.
AllAfrica · Somalia
WFP Warns Somalia Faces Deepening Humanitarian Crisis As Millions Go Hungry
[Shabelle] Mogadishu -- The United Nations World Food Programme has warned the Security Council that Somalia is facing a worsening humanitarian crisis, with millions of people struggling with severe food insecurity and…
AllAfrica · Somalia
How Las Anod Changed Somaliland's Case for Recognition
[African Arguments] Somaliland has spent three decades asking the world to trust a specific story about itself: a peaceful, democratic state exercising real authority over the territory it claims, with institutions…
AllAfrica · Somalia
Somalia Hosts Business Forum to Expand Trade and Investment Ties With China
[Shabelle] Mogadishu, Somalia -- Somalia's Deputy Prime Minister Salah Ahmed Jama on Tuesday officially opened the Somalia-China Business Networking Forum in Mogadishu, as the government seeks to attract Chinese…
AllAfrica · Somalia
Somaliland Urges Cyprus, Greece to Reconsider Stance On Recognition Bid
[Shabelle] Hargeisa, Somalia -- Somaliland has urged Cyprus and Greece to reconsider their positions on its long-running bid for international recognition, after Somalia's newly elected parliamentary speaker held a…
AllAfrica · Somalia
The United Nations Has Concluded Its Justice and Prison Support Program in Somalia
[Shabelle] Mogadishu, Somalia -- The United Nations mission in Somalia has concluded its justice and corrections support programme, as part of a plan to strengthen national ownership and gradually transfer…
AllAfrica · Somalia
Somaliland Urges Cyprus and Greece to Reconsider Their Stance On Recognition.
[Shabelle] Hargeisa -- Somaliland has called on Cyprus and Greece to review their position regarding its bid for international recognition, following a telephone conversation between the new Speaker of the Somali House…
AllAfrica · Somalia
Puntland President Deni Visits Mudug, Announces Peace Conference in Garowe
[Shabelle] Dhinawda, Mudug -- Puntland President Said Abdullahi Deni has arrived in Dhinawda in Somalia's Mudug region, where he was warmly received by local residents during a visit focused on peace, social cohesion…
AllAfrica · Somalia
Somaliland Announces 2025-2026 National Exam Results
[Horn Diplomat] Burao -- Somaliland's Ministry of Education and Science on Tuesday announced the results of the 2025-2026 national certificate examinations for Grade 8 intermediate and fourth-year secondary school…
AllAfrica · Somalia
Somalia Top Court Annuls Galmudug Election Results
[Shabelle] Mogadishu -- Somalia's Supreme Court has annulled the results of elections for the Galmudug regional parliament and local councils held last month, saying the vote did not comply with the country's…
AllAfrica · Somalia
Somali Army Chief Concludes Training for Officers in Mogadishu
[Shabelle] Mogadishu -- Somalia's army chief, Brigadier General Ibrahim Mohamed Mahmoud, has concluded a training course for Somali National Army officers in Mogadishu, aimed at strengthening their military knowledge…
AllAfrica · Somalia
Somali PM Chairs First Meeting of National Skills and Jobs Committee
[Shabelle] Mogadishu -- Somali Prime Minister Hamza Abdi Barre has chaired the first meeting of the National Committee for Skills Development and Job Creation, as the government seeks to accelerate efforts to improve…
AllAfrica · Somalia
Somalia Disaster Agency Chief Meets New UNDP Representative Over El Nino Preparedness
[Shabelle] Mogadishu -- The head of Somalia's National Disaster Management Agency (SoDMA), Mahmoud Moallin Abdulle, met the new UNDP representative for Somalia, Christophoros Politis, in Mogadishu on Monday to discuss…
AllAfrica · Somalia
Supreme Court Annuls Galmudug Election Results
[Radio Dalsan] Somalia's Federal Supreme Court has annulled the Galmudug election results. The court made the ruling on Monday. Judges found that the July 30 vote broke the constitution and the electoral law. Chief…
AllAfrica · Somalia
Six Million Somalis Face Acute Hunger As Drought and Conflict Worsen
[RFI] Six million people in Somalia are facing acute hunger, with nearly two million children at emergency levels, as severe drought, conflict and falling humanitarian funding deepen what the UN describes as one of the…
AllAfrica · Somalia
Mogadishu's 'Forced' Eviction Turns Into War
[Radio Dalsan] The demolition of homes in Tookiyo neighbourhood, in Mogadishu's Yaqshiid district, has triggered tensions and clashes between government forces and local residents who opposed the operation. The…