40 poorest countries in the world according to IMF 2023
- Thread starter Nin123
- Start date
Keep it a boqol
VIP
where’s afghanistan
Walahi how is a country called n@gger higher than us
Remittances makes up about 25% of Somalia's GDP. If we were to remove that, Somalia's GDP per capita may actually be the lowest in the world. So embarrassing.
i think it's higher than that. around 30-40 % . Remember majority of people in somalia are youth and 80% of them don't work and if they work they get very low salaries.
tyrannicalmanager
pseudo-intellectual
we didn't get better, the world just became more poorer.Somalia is the sixth poorest country by gdp per capita $562 we are not number one Allhamdu lilah
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@Nilotic we coming to take your place just watch$8 dollars ain’t nothing
Syria gdp per capita is almost 2,800 dollars in 2023
I think 89% are from the diaspora wild shit but hey i'm from reer hebel
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All Somalia gdp figures is at best just estimates cause there is no really data.
This 7 billion figure of gdp is based on Somalia livestock sales still bad figure.
Likely correct. Half of the population is 15 or younger and they have no future to look forward to. Somalia will unfortunately always be a basket case. Only a small part of the diaspora is doing well and almost none of them will go back to rebuild. The millennials born in the west and have visited Somalia before have not and I don't expect Gen Z, who are even further removed from Somalia, will either. The window of opportunity for improvement was 2000-2020. It's too late. Another issue is that Somalis don't plan for the long-term either and only think about the immediate. They want to benefit now, not later, which is why corruption is so rampant. Somalia will always be poor and hopeless.
reer
VIP
i think it was @Thegoodshepherd who talked about this or said this before that the older generations dying in the diaspora means extremely less remittances from western countries.
we are, a couple years ago we were firstI'm going to pretend I didn't see this and delude myself to believe somalia is getting better.
There's fewer Somalis immigrating to Canada these days and I'm noticing of those that are, they are from Nairobi/NFD/K5 (Group of 5 sponsorship), not Somalia. I would assume they would not be sending as much remittances back as Somalia Somalis were. These xawalas will have to start diversifiying their business if they haven't already.
