Somalia Launches National Business and Economic Survey

Somalia Launches National Business and Economic Survey

The National Bureau of Statistics has launched Somalia’s annual National Business and Economic Survey, a nationwide initiative aimed at gathering essential data to support development planning, economic policy, and investment growth.

The survey, which started this week, will monitor business activity across all sectors to provide accurate measures of the country’s gross domestic product (GDP) and guide government strategies.

Director General Dr. Abdisalan Abdirahman Mohamed emphasized that the information collected will reflect the true state of Somalia’s economy and benefit businesses, policymakers, and the public. “Your participation is crucial to ensuring the accuracy of national economic statistics,” his office said in a statement to businesses nationwide.

Under the 2020 Statistics Law, all private and government-owned businesses are legally required to provide the requested data. Officials assured the public that all information gathered will remain confidential and used solely for statistical purposes.

The bureau urged companies, business centers, and public institutions to cooperate with its field teams, while calling on the Somalia Chamber of Commerce and the Office of the Prime Minister to support the initiative.

Described by officials as a vital national effort, the survey will help shape Somalia’s economic future, attract domestic and foreign investment, and strengthen opportunities for business growth across the country.