SNBS launches Somalia’s Poverty Analysis Report

[Avalanche]

Showing 54.4% of the pop lives below the poverty line as they earn less than USD $2.06 per person per day

 

[bidenkulaha]

Is that a surprising figure, more half the country is rural and doesn’t really have a concept of money

 

[Avalanche]

It has actually decreased

 

[Thegoodshepherd]

It has actually decreased

This is highly unlikely.
Somalia's population is growing at more than 3% per year, but the economy has not achieved 3% economic growth in a long time.
Somalia's GDP per capita has been in decline.
It is hard to believe that poverty declined in the meantime.

Thank you @XuseenS for sharing this important report.

 

[Thegoodshepherd]

This is a credible report. The survey method appears to be up to snuff.
The only explanation that comes to mind for the decline in the poverty rate is that the initial poverty survey overestimated poverty.

Somalia is still shockingly poor when considering the average person's consumption.
It is better than I had imagined, but not by much. Some good news is better than no good news though.