Somali National Bureau of Statistics publishes 2022 GDP report

The National Bureau of Statistics of the Federal Republic of Somalia has published the 2022 Gross Domestic Product Report, which is based on the expenditure method.

The report shows that the country’s economic growth rate is 2.4% and also provides valuable insights into the overall economic situation and also paves the way for efficient economic policies.

The report also revealed that despite the fact that the country is facing various challenges such as the prolonged drought that hit the country in 2022, the Somali economy has shown recovery.

Source: Somali National News Agency

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