Somalia

Federal Republic of Somalia

SO / SOM Africa Africa

18.4M

Population

$12.1B

GDP

Payment BINs

Issuers

General Information

Capital Mogadishu

Continent Africa

Region Africa

Subregion Africa

Currency Somali shillings (SOS)

Languages Somali (official) Arabic (official) Italian English

Timezones UTC+3

Area 637,657 km²

Map Reference Eastern Africa, bordering the Gulf of Aden and the Indian Ocean, east of Ethiopia

Borders Djibouti Ethiopia Kenya

Demographics

Population (2023) 18,358,615

Density 28.8 per km²

Urban Population 47.9%

Median Age 19.1 years

Life Expectancy 56.5 years

Major Cities MOGADISHU Hargeysa

Economy

GDP (2024) $12.1B

GDP Per Capita (2023) $636

Inflation (2022) 6.8%

Unemployment (2024) 18.9%

Public Debt 93.0% of GDP

Exchange Rate (2017) 23,097.987 to USD

Card Brands (Top 2)

Card Types

Card Categories (Top 5)

Leading Issuers

#	Issuer	BINs
1	PREMIER BANK	7
2	SALAAM AFRICAN BANK	7
3	INTERNATIONAL BANK OF SOMALIA	6
4	AMAL BANK	3
5	SALAAM SOMALI BANK	3
6	DAHABSHIL BANK INTERNATIONAL	1
7	EMERGING MARKETS PAYMENTS AFRICA	1
8	NETWORK INTERNATIONAL PAYMENT SERVICES	1
9	PREMIER BANK, LTD.	1

View All Issuers

Main Exports

1. sheep and goats

2. gold

3. postage stamps/documents

4. other animals

5. cattle (2023)

Main Imports

1. raw sugar

2. tobacco

3. broadcasting equipment

4. rice

5. milk (2023)