Somalia, Fed. Rep.

Sub-Saharan AfricaLow incomeISO SOM

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New business density

0.02

per 1,000 adults · 2024

Global rank #183 · Sub-Saharan Africa #44/44

New business registrations

195

companies / year · 2024

Global rank #171 · Sub-Saharan Africa #43/44

New business density over time

Country context

Employers

6.2

% of employment · 2025

GDP per capita

$661

current US$ · 2025

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Sources

New business density: World Bank, IC.BUS.NDNS.ZS
New business registrations: World Bank, IC.BUS.NREG
Employers: World Bank, SL.EMP.MPYR.ZS
GDP per capita: World Bank, NY.GDP.PCAP.CD

All figures are the most recently reported year for Somalia, Fed. Rep.. Data licensed CC BY 4.0. Last refreshed 01 July 2026.