Description: Mogadishu skyline transformed in Somalia development boom, Somalia’s economic potential under the spotlight, Somalia's Dairy Queen: Cheese factory helps Mogadishu economy recover, The World's Most Dangerous Economy: Somalia
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Somalia is classified by the United Nations as a least developed country . Despite experiencing two decades of civil war , the country has maintained an informal economy , based mainly on livestock , remittance / money transfers from abroad, and telecommunications . Due to a dearth of formal government statistics and the recent civil war , it is difficult to gauge the size or growth of the economy. For 1994, the CIA estimated the GDP at purchasing power parity (PPP) to be $3.3 billion. In 2001, it was estim
Coordinates : 10°N 49°E / 10°N 49°E / 10; 49
Somalia ( / s ə ˈ m ɑː l i ə , s oʊ - , - l j ə / so- MAH -lee-ə ; Somali : Soomaaliya ; Arabic : الصومال aṣ-Ṣūmāl ), officially the Federal Republic of Somalia ( Somali : Jamhuuriyadda Federaalka Soomaaliya , Arabic : جمهورية الصومال الفدرالية Jumhūrīyat aṣ-Ṣūmāl al-Fidirālīyah ), is a country located in the Horn of Africa . It is bordered by Ethiopia to the west, Djibouti to the northwest, the Gulf of Aden to the north, the Indian Ocean to the east, and Kenya to the southwest. Somalia has the longest