Somali's GDP per Capita is false

[Idilinaa]

And the materials for all of these homes are being manufactured in Somalia as well, in this video at the first few seconds it is said that to build cheaper homes real estate investors now buy concrete from new local factories instead of importing more expensive materials. @Idilinaa posted some of these new factories.

At 0:45, the CEO of a real estate company in SL says the cost of homes has been reduced by 30% by buying locally manufactured materials

Great point walaal. I want to expand a bit more on the housing developments before i forget again

It's not just the new cement and concrete factories that are helping drive this boom:

Somaliland Cement Factories

2 cement factories anounced so far 2 different models of financing 1 Ground up 1 Rehabilitation Part of MSG Group of Companies, which is a composite organisation with its subsidiaries specialising in the following fields: Manufacturing of tobacco-based products, Telecommunications &...

www.somalispot.com

We're also seeing a developing quarrying industry across Somali regions. I actually made a thread focusing on Ogaden as a case study, but what’s happening there reflects a broader trend:

Further proof of Somali quarrying industry and housing developments: Reer Ogaden case study

I made the point that houses in the Greater Somali East Africa are generally better built then our neighbors due to key geographical advantages. - Geology: Somalia unlike other African countries has a geological landscape in many areas that allowed for available stone quarries that can be used...

www.somalispot.com

You can also see examples here in Puntland region

154 тыс. просмотров · 2,5 тыс. реакций | Shirkad qaab casri ah u soo saarta dhagaxa loo isticmaalo dhsimaha oo laga hirgeliyey magaalada Bosaso. | Shirkad qaab casri ah u soo saarta dhagaxa loo isticmaalo dhsimaha oo laga hirgeliyey magaalada Bosaso.

Shirkad qaab casri ah u soo saarta dhagaxa loo isticmaalo dhsimaha oo laga hirgeliyey magaalada Bosaso. Tabiye: Khadar Cabdiqadir

www.facebook.com

Even back in 2016, there was documentation from Mogadishu showing how the construction sector was employing youth and using locally sourced materials:

Construction Sector Driving Somalia’s Economic Recovery - AMISOM

Mogadishu, April 21, 2016 - A group of young men crush boulders with sledgehammers under the sweltering mid-morning sun in Wadajiir district. Not far

amisom-au.org

All this shows a clear pattern, there’s a real domestic industrial base forming around construction , from cement factories to quarrying to local manufacturing of concrete ,stone, blocks and tiles. This significantly lowers costs for builders and boosts employment in both rural and urban areas.

So when we talk about modern housing developments and rising middle-class housing in neighborhoods across Somalia, we’re not just looking at import-driven growth , it’s increasingly built on local production, local labor, and local demand.

This kind of grassroots economic activity just doesn’t align with outdated narratives that claim Somalia is surviving remittances or even aid which is nonsense. There's serious internal capacity building going on here.

 

[Fez]

OP is outright coping. 5K USD GDP per capita is Above Egypt or Morocco (Places Somalia is no where near comparable to)

 

[Barkhadle1520]

OP is outright coping. 5K USD GDP per capita is Above Egypt or Morocco (Places Somalia is no where near comparable to)

View attachment 363418

I think you don't understand what wealth inequality means. I clearly showcased in my thread how most Somalis live in the same style of housing. Compare that to how the average Moroccan/Egyptian lives and you'll understand why it's higher. GDP does not reflect GDP per capita, for example look at Ethiopia or Kenya.

 

[Karim]

OP is outright coping. 5K USD GDP per capita is Above Egypt or Morocco (Places Somalia is no where near comparable to)

View attachment 363418

@Idilinaa keeps on writing lengthy posts that doesn't justify her 6k GDP or even 5k GDP per capita figures, which puts Somalia in the top 6 richest African nations by GDP per capita. Not to mention the 90+ Billion GDP claims as well.

Most of us are in agreement that the current reported GDP figures of Somalia are lower according to our perception and understanding of the country's economic output and business dynamics. But to claim 90 billion dollar GDP and 6k+ GDP per capita is an extreme over exaggeration of facts. I consider such arguments to be unserious and facetious.

 

[Midas]

OP is outright coping. 5K USD GDP per capita is Above Egypt or Morocco (Places Somalia is no where near comparable to)

View attachment 363418

While I think its a bit lower the problem with your example is that you focus on gdp per capita without taking into account pouplation size and total gdp. Eygpt has 100 million people and morocco has about 40 million people. A somali with 5k gdp per capita has 90 billion dollar economy. Eygpt and morocco have economies which are $400 billion and $170 billion respectively.

 

[Maintainnnin]

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[Yusuf Abdi Ali Rashid]

Somalia 5k dollar gdp per capita

 

[reer]

OP is outright coping. 5K USD GDP per capita is Above Egypt or Morocco (Places Somalia is no where near comparable to)

View attachment 363418

the egyptian pound has plummeted. their average salaries are mostly lower than somalia.

 

[DR OSMAN]

GDP in Somalia is huge bro but just not documented like most Africa(informal economies) but the black market itself triple anything the globe combined has on GDP. Somalia like Africa is infrastructure poor, education poor, healthcare poor, or legal job poor due to the Moryans preferring the black market world who r packed with African Men and others from other countries but their items are little tax offsets(yacht sort of shit).

Black Market is fully dominated by Black African Men who looted their countries or moryans who offshore their racket revenue like shabab project.

 

[Idilinaa]

@Idilinaa keeps on writing lengthy posts that doesn't justify her 6k GDP or even 5k GDP per capita figures, which puts Somalia in the top 6 richest African nations by GDP per capita. Not to mention the 90+ Billion GDP claims as well.

Most of us are in agreement that the current reported GDP figures of Somalia are lower according to our perception and understanding of the country's economic output and business dynamics. But to claim 90 billion dollar GDP and 6k+ GDP per capita is an extreme over exaggeration of facts. I consider such arguments to be unserious and facetious.

OP is outright coping. 5K USD GDP per capita is Above Egypt or Morocco (Places Somalia is no where near comparable to)

View attachment 363418

No one is saying that Somalia is richer than Egypt or Morocco in total numbers or even more developed. That’s not the point.

GDP and GDP per capita are adjusted based on population size. A larger population will naturally produce more overall, but that also means they have to produce several times more to match smaller nations in per capita terms.

Compared to Somalia, both Egypt and Morocco have extremely large populations , with massive swaths living in poverty and slums. They're also highly unequal societies with significant foreign ownership, which means a big chunk of their GDP doesn’t stay , it leaves the country.

You can watch the video I linked earlier in this thread. It helps you understand how GDP actually works and why it's also a misleading metric in many cases. A country can have a huge GDP and still be poor, depending on how that money is distributed or invested.


Unlike them, in Somalia, outside of the displaced, most of the population is economically active. The money is spread out, locally reinvested, and about 90% of the economy is owned by locals. That's a completely different dynamic.

And we’re not just basing this on household spending or purchasing power.

What originally tipped me and @Barkhadle1520 off that Somalia’s real GDP might be bigger than the public stats was the value of mobile money transactions.

https://somaliainvestor.so/somalia-...n-monthly-as-world-bank-calls-for-regulation/

How can mobile money transactions be worth $2.7 billion a month n $32 billion a year and that somehow be triple the country’s GDP? How can that be possible? And even more bizarre, how can $32 billion represent 36% of GDP? That would mean the remaining 64% of GDP would have to equal roughly $90 billion in total GDP.

That contradiction is what caught our attention, so we started digging deeper. We’ll go even further into this later.

 

[DR OSMAN]

No one is saying that Somalia is richer than Egypt or Morocco in total numbers or even more developed. That’s not the point.

GDP and GDP per capita are adjusted based on population size. A larger population will naturally produce more overall, but that also means they have to produce several times more to match smaller nations in per capita terms.

Compared to Somalia, both Egypt and Morocco have extremely large populations , with massive swaths living in poverty and slums. They're also highly unequal societies with significant foreign ownership, which means a big chunk of their GDP doesn’t stay , it leaves the country.

You can watch the video I linked earlier in this thread. It helps you understand how GDP actually works and why it's also a misleading metric in many cases. A country can have a huge GDP and still be poor, depending on how that money is distributed or invested.


Unlike them, in Somalia, outside of the displaced, most of the population is economically active. The money is spread out, locally reinvested, and about 90% of the economy is owned by locals. That's a completely different dynamic.

And we’re not just basing this on household spending or purchasing power.

What originally tipped me and @Barkhadle1520 off that Somalia’s real GDP might be bigger than the public stats was the value of mobile money transactions.

View attachment 363423
https://somaliainvestor.so/somalia-...n-monthly-as-world-bank-calls-for-regulation/

How can mobile money transactions be worth $2.7 billion a month n $32 billion a year and that somehow be triple the country’s GDP? How can that be possible? And even more bizarre, how can $32 billion represent 36% of GDP? That would mean the remaining 64% of GDP would have to equal roughly $90 billion in total GDP.

That contradiction is what caught our attention, so we started digging deeper. We’ll go even further into this later.

GDP is real in the sense of the legal market that is registered, recorded, taxes paid on it, and audited by its govt yearly and also inspected by International community relevant institutions. Its not a sign of people wealth but their production value per citizens. It's a tool used by the investor class to see where his investment can go and be profitable. Ironically the investing class all crowd source their capital which always has Black African Men shifting its offshore loot onto legal companies in legal.markets to tap into the production value of its locals and grow further capital. Africa is robbed by Black Men not White People. Ironically they hold their loot offshore I know that for a fact as they siphon out what investment to put into in the west or east.

 

[DR OSMAN]

@Afrax @Idilinaa

If u guys are dead set about Somalia GDP rising and not doing more fake branding on buildings thru youtube which by the way are not productive assets if the ppl inside it produce nothing.

If u want a large GDP, it's not about wealth but it's about do u want Somalia's holding a production value that is highly competitive to investors at the mass level with the rest of.the globe?

Well do as PL is doing investment into infrastructure, education, energy, health this makes them valuable and investment ready plus it makes them productive by developing skills and u need to then ensure rule of law is REAL not empty words and strong stability in politics(as investors hate risk). Africans know how to become wealthy countries but it's behind the scenes shady Black market actors(Who are African) who are far more influential then legit citizen of Africa. Black Market is just way to strong on the continent as they won't jepordize their rackets and schemes for the well being of its resident.

 

[DR OSMAN]

@Afrax @Idilinaa @Thegoodshepherd @TheLand

If Africa only just had sensible politics(based on something more unifying and stable then identity politics like economic philosophies as the west do or even commie philosophies of China.

The philosophy or qadiyad don't matter its just discussing how things are redistributed based on their national priorities(identity preservation and wealth 4 China and the West is wealth preservation not identity). The west was heavily influenced by middle eastern jews post their own exile 2000 years ago who kinda set up their disregard of the local peasant into productive assets(work horses) as they were serfs and work with royal class who knows the importance of identity preservation. This makes them conflict with China who didn't have much jewish influence and is a cultural nazi still and the West gets jealous lol

They unify their ppl on their income interests and try to eliminate any social factor as much as possible as it won't unify them but divide them. The west and far east are fuedal cultures not cultures about identity except its(royal class) the rest are told forget your identity as your nothing but some productive asset to the mercantile class. Their masses are quite happy with that arrangement and its that happiness and content allows its govt to manuevere its state on a course which has led to their over all power today, it was their social stability markay runta isu sheegeen irrespective of who got offended.

 

[Idilinaa]

GDP in Somalia is huge bro but just not documented like most Africa(informal economies) but the black market itself triple anything the globe combined has on GDP. Somalia like Africa is infrastructure poor, education poor, healthcare poor, or legal job poor due to the Moryans preferring the black market world who r packed with African Men and others from other countries but their items are little tax offsets(yacht sort of shit).

Black Market is fully dominated by Black African Men who looted their countries or moryans who offshore their racket revenue like shabab project.

There has to be something not quite right with you in the head, you just vomit the most obscene stuff in every thread.

“Informal” doesn’t mean there’s some kind of black market or illicit criminal enterprise going on. It simply means much of the economy isn’t captured by formal taxation or regulatory systems.

Somalia’s infrastructure, education, and healthcare are all developing, rebuilding rapidly, and decentralizing.

Infrastructure-wise, Somalia has achieved 80% urban electricity rates, 60% nationwide, and 77% of the population has access to clean drinking water. They've built a robust telecom infrastructure across the country, 86% internet/broadband mobile access , which is why Somalia is well ahead of most African countries in this regard. It’s arguably leading in decentralized energy systems, fintech adoption, and telecommunications.


On healthcare: Somalia has built 846 healthcare facilities, including 7 referral hospitals, 27 district hospitals, 82 total hospitals, and 248 maternal and child health centers. They’re constantly opening new hospitals and emergency centers. Just look at these recent examples:

• https://thesomalidigest.com/president-deni-launches-somalias-largest-hospital-and-calls-for-unity/
• https://sonna.so/en/president-hassan-sheikh-inaugurates-modern-hospital-in-mogadishu/
• https://shabellemedia.com/somalias-...adishu-a-milestone-in-medical-infrastructure/

Somalia is currently in the midst of advancing health care through digitization as well , to make sure that health care services reaches more people.

Advancing digital healthcare in Somalia: a review of modern technologies and their implications - BMC Digital Health

Somalia faces many challenges in providing adequate and accessible healthcare to its population, particularly in rural and remote areas. Lack of infrastructure, resources, and security hinders the delivery of quality health services and the prevention and control of diseases. However, modern...

bmcdigitalhealth.biomedcentral.com

Education-wise, they’ve built hundreds of new schools and rehabilitated countless others. There are around 126 private universities and at least 13 public ones. It’s not just numbers either ,new faculties, degree programs, and partnerships are being launched all the time.

Most of the money generated by local businesses and enterprises is reinvested back into education, healthcare, infrastructure, and even community banks. They create job opportunities and circulate wealth locally. It’s not being used to buy yachts or hidden offshore like you're claiming. You’re talking complete nonsense.

 

[DR OSMAN]

There has to be something not quite right with you in the head, you just vomit the most obscene stuff in every thread.

“Informal” doesn’t mean there’s some kind of black market or illicit criminal enterprise going on. It simply means much of the economy isn’t captured by formal taxation or regulatory systems.

Somalia’s infrastructure, education, and healthcare are all developing, rebuilding rapidly, and decentralizing.

Infrastructure-wise, Somalia has achieved 80% urban electricity rates, 60% nationwide, and 77% of the population has access to clean drinking water. They've built a robust telecom infrastructure across the country, 86% internet/broadband mobile access , which is why Somalia is well ahead of most African countries in this regard. It’s arguably leading in decentralized energy systems, fintech adoption, and telecommunications.


On healthcare: Somalia has built 846 healthcare facilities, including 7 referral hospitals, 27 district hospitals, 82 total hospitals, and 248 maternal and child health centers. They’re constantly opening new hospitals and emergency centers. Just look at these recent examples:

• https://thesomalidigest.com/president-deni-launches-somalias-largest-hospital-and-calls-for-unity/
• https://sonna.so/en/president-hassan-sheikh-inaugurates-modern-hospital-in-mogadishu/
• https://shabellemedia.com/somalias-...adishu-a-milestone-in-medical-infrastructure/

Somalia is currently in the midst of advancing health care through digitization as well , to make sure that health care services reaches more people.

Advancing digital healthcare in Somalia: a review of modern technologies and their implications - BMC Digital Health

Somalia faces many challenges in providing adequate and accessible healthcare to its population, particularly in rural and remote areas. Lack of infrastructure, resources, and security hinders the delivery of quality health services and the prevention and control of diseases. However, modern...

bmcdigitalhealth.biomedcentral.com

View attachment 363425
View attachment 363424

Education-wise, they’ve built hundreds of new schools and rehabilitated countless others. There are around 126 private universities and at least 13 public ones. It’s not just numbers either ,new faculties, degree programs, and partnerships are being launched all the time.

Most of the money generated by local businesses and enterprises is reinvested back into education, healthcare, infrastructure, and even community banks. They create job opportunities and circulate wealth locally. It’s not being used to buy yachts or hidden offshore like you're claiming. You’re talking complete nonsense.

Nah the yacht type offshoring is from the Western black market, the eastern black market is a bit more, but to deny the biggest share of it is Africans who loot 90% of its people is silly of u, Western moryans are still very generous to their locals in relative comparisons heck even far east is. It's Black African Men who don't have any sense of morality about protecting their land interest and people interest like any other sensible nation do and do corruption but not at that silly scale and gamble your people survival.

 

[Barkhadle1520]

There has to be something not quite right with you in the head, you just vomit the most obscene stuff in every thread.

“Informal” doesn’t mean there’s some kind of black market or illicit criminal enterprise going on. It simply means much of the economy isn’t captured by formal taxation or regulatory systems.

Somalia’s infrastructure, education, and healthcare are all developing, rebuilding rapidly, and decentralizing.

Infrastructure-wise, Somalia has achieved 80% urban electricity rates, 60% nationwide, and 77% of the population has access to clean drinking water. They've built a robust telecom infrastructure across the country, 86% internet/broadband mobile access , which is why Somalia is well ahead of most African countries in this regard. It’s arguably leading in decentralized energy systems, fintech adoption, and telecommunications.


On healthcare: Somalia has built 846 healthcare facilities, including 7 referral hospitals, 27 district hospitals, 82 total hospitals, and 248 maternal and child health centers. They’re constantly opening new hospitals and emergency centers. Just look at these recent examples:

• https://thesomalidigest.com/president-deni-launches-somalias-largest-hospital-and-calls-for-unity/
• https://sonna.so/en/president-hassan-sheikh-inaugurates-modern-hospital-in-mogadishu/
• https://shabellemedia.com/somalias-...adishu-a-milestone-in-medical-infrastructure/

Somalia is currently in the midst of advancing health care through digitization as well , to make sure that health care services reaches more people.

Advancing digital healthcare in Somalia: a review of modern technologies and their implications - BMC Digital Health

Somalia faces many challenges in providing adequate and accessible healthcare to its population, particularly in rural and remote areas. Lack of infrastructure, resources, and security hinders the delivery of quality health services and the prevention and control of diseases. However, modern...

bmcdigitalhealth.biomedcentral.com

View attachment 363425
View attachment 363424

Education-wise, they’ve built hundreds of new schools and rehabilitated countless others. There are around 126 private universities and at least 13 public ones. It’s not just numbers either ,new faculties, degree programs, and partnerships are being launched all the time.

Most of the money generated by local businesses and enterprises is reinvested back into education, healthcare, infrastructure, and even community banks. They create job opportunities and circulate wealth locally. It’s not being used to buy yachts or hidden offshore like you're claiming. You’re talking complete nonsense.

Speaking of healthcare, look at what Ibrahim Traore did to give rural populations access to healthcare

https://x.com/CapitaineIb226/status/1816460280458600874

10 trucks per state would be a very good start and would improve healthcare immensely. This is basically the third world's ambulance.

 

[Afar indhood]

I know like a gazillion family that lives on 150-200 per month (parents and kids). People skip meals, eat less-than-nutritious foods and survive on expired foods imported from India.
People are very malnourished and chronic diseases are increasing.

This is just one of those stupid threads where some diaspora kids bombard the thread with misleading information.

Not only are things bad, they're about to get much worse. Come and see for yourself.

More people are moving to urban areas due to wars/draughts thereby losing their livelihood and putting severe demographic pressures on major cities.

Enough with the Chatgpt misinformation.

 

[Barkhadle1520]

I know like a gazillion family that lives on 150-200 per month (parents and kids). People skip meals, eat less-than-nutritious foods and survive on expired foods imported from India.
People are very malnourished and chronic diseases are increasing.

This is just one of those stupid threads where some diaspora kids bombard the thread with misleading information.

Not only are things bad, they're about to get much worse. Come and see for yourself.

More people are moving to urban areas due to wars/draughts thereby losing their livelihood and putting severe demographic pressures on major cities.

Enough with the Chatgpt misinformation.

Speak for yourself warya. Just because your Reer in Koonfur are among the 18% displaced by drought and shabab doesn't mean the whole country shares that same experience.

People moving to urban centers for better opportunities is a sign of progress and happens all around the world, China is the best example.

 

[DR OSMAN]

I know like a gazillion family that lives on 150-200 per month (parents and kids). People skip meals, eat less-than-nutritious foods and survive on expired foods imported from India.
People are very malnourished and chronic diseases are increasing.

This is just one of those stupid threads where some diaspora kids bombard the thread with misleading information.

Not only are things bad, they're about to get much worse. Come and see for yourself.

More people are moving to urban areas due to wars/draughts thereby losing their livelihood and putting severe demographic pressures on major cities.

Enough with the Chatgpt misinformation.

Their is a conflict between u and the Somalis who think wealth is some buildings and skyline, they don't know that average local multiplied by millions is living on 200 dollars a month, health outcomes(shocking as they die in the masses before 55 due to malnourishment or expired food accumulating over their lifetime). Thats why PL is strict on moryans there when they try uprising.

Education as u know is absent(u wouldn't invest a cent into them as u know their jahils who went thru someone university black market racket). On top of that most live with insecurity also(life isn't worth much there so u need to be on guard at all times as the system is barely functioning to safeguard you) let alone your investment lol

This can only lead to final outcome of a people disappearing over time and land xooged by a superior group.

 

[Afar indhood]

Speak for yourself warya. Just because your Reer in Koonfur are among the 18% displaced by drought and shabab doesn't mean the whole country shares that same experience.

People moving to urban centers for better opportunities is a sign of progress and happens all around the world, China is the best example.

Qaldaans are moving to Xamar and are working as waiters in these expensive restaurants that solely serve returnee diaspora or as high-end maids (for some reason people like the idea of having a northern maid even if she's terrible - it means they made it lol).

I had already complained about them in another thread.
@DR OSMAN