Somalia’s economy is expected to grow by 3.1% in 2023, up from 2.4% in 2022, driven by improved weather and government reforms. The World Bank projects modest growth, with 3.7% in 2024 and 3.9% in 2025. Key challenges include climatic shocks, security threats, and global economic instability. The focus remains on macroeconomic stability and climate resilience to ensure sustainable growth.
