1. Thegoodshepherd

    Rise in cost of living in Somalia (Dec 2018- Dec 2023)

    Source: https://fsnau.org/sectors/markets Although Somalia is a heavily dollarized economy, it is experiencing inflation that is significantly higher than what you would expect from a dollarized economy. US CPI rose 22% in the same time period. 15 of the 18 regions are above that benchmark...
  2. JudgeJoeGorilla

    Poverty Is A Choice....

    No one chooses to be poor, but apparently the rapper DDG thinks so. Sickening that some people who came from that environment can turn around and use White Supremacist rhetoric towards their own.
  3. GemState

    30m Brits, out of 68m, will be unable to afford a decent standard of living by 2024.

  4. Thegoodshepherd

    ANALYSIS How much does it cost for a family of 6 to live in Somalia? (maps)

    Each month FAO Somalia surveys each region's markets to find out how much basic commodities cost. FAO agents go to as many stores as possible in each market town to find the average price of Vegetable Oil, sorghum etc... They then calculate how much it would cost, in cash dollars, to sustain a...
  5. Thegoodshepherd

    ANALYSIS Real Cost of Living Somalia Map (June 2021)

    Monthly Cost of food items for a family of 6 (Cereals, Sugar, Vegetable Oil & Cowpeas) Monthly Cost of Non-Food items for a family of 6 (Kerosene, Soap, Firewood, 200 liter Water Drum, Medicine, school fees, Cereal grinding cost, Clothes, Social tax) Monthly Cost of Minimum Expenditure...
  6. Thegoodshepherd

    ANALYSIS 79% of Somalia's GDP in 2020 was foreign aid and remittances

    Foreign aid and remittances from the diaspora accounted for an unbelievable 79% of GDP in 2020. Somalia's internal economy is incredibly unproductive, with the trade deficit at a whopping 91% of GDP in 2020, due to the inability to export livestock as a result of the cancellation of the Hajj and...
  7. A

    Cedar Riverside Poverty Rate

    is 44%. Basically there are these things in America that have been introduced or will be introduced called Opportunity Zones.These are zones where poverty is high and areas where there are a lot of problems which the government are hoping that investments into businesses and property willl help...
  8. Cityviews

    The Somali Society Feudal Triangle

    As promised @AussieHustler , this is all my opinion backed up by anecdotes of Somali history. Where do the rest of you fit? Check your abtirsi and find out.
  9. Thegoodshepherd

    ANALYSIS Somalia is becoming worse than ever, no improvement in sight.

    I have always said that Somalia is in a Malthusian Trap. https://www.somalispot.com/threads/somalia-is-in-a-malthusian-trap.19517/ All increases in GDP are being swallowed by even faster population growth. GDP grew by an average of 2.9% from 2013-2017, but GDP per capita fell by 5.5 in the same...
  10. Lancer

    Somali youth in Libya refuse to go back. Say there's nothing for them in Somalia!

  11. DR OSMAN

    Puntland Is It The Richest Region In Somalia

    Is Puntland the richest region in Somalia. Please check out the word bank studies!!! This theme keeps coming back quite regularly in every report regarding economic situation of different regions...