What are the Economic Sectors of Somalia.

Agricultural farm in Somalia.

           

Somalia is an African nation situated on the continent's eastern edge. The Somali economy is considered to be one of the least developed on the continent which is mainly attributed to the violence in the country. The violence in Somalia has made it difficult for international financial organizations to get accurate economic statistics from the country. However, the World Bank estimated that in 2018, the Somali gross domestic product was approximately $6.2 billion which was a 3.1% increase from the 2017 gross domestic product. The Somali economy is reliant on several industries such as agriculture, construction, mining, and telecommunication.

Agriculture

One of the most critical industries in Somalia is agriculture which employes more than 65% of the country's labor force. Like most sectors of the Somali economy, agriculture was significantly affected by the violence that rocked the country. In 2013, the agricultural industry contributed more than 60% of the country's gross domestic product. Farming in Somalia mainly takes place in the country's southern section in areas such as Hiran, Lower Juba, and Gedo that are considered to be the country's most fertile areas. The southern section of Somalia is home to several rivers such as the Juba and Shabelle that make the region more conducive to farming. Some of the crops that Somali farmers grow include sugarcane and bananas, which are sold to other nations, while maize (corn) and sorghum which are mainly grown for local consumption. Despite the presence of a vibrant agricultural industry in Somalia, the country is forced to import most of the food that the citizens consume. To improve the Somali agricultural sector, local farmers partnered with the World Food Program to sell cereals to the organization. Businesspeople in Somalia pledged to help farmers improve the country's agriculture industry.

Livestock keeping

Since ancient times, pastoralism has been one of Somalia's most vital industries. According to the Somali government, more than 80% of the Somali people were involved in pastoralism, and they kept animals such as sheep, camel, cattle, and goats. Most of Somalia's pastoralists move across the country in search of pasture and water for their animals. Apart from keeping animals, some of the pastoralists also gather gums and resins to increase their income. Some unique livestock breeds have been developed in the country such as the Somali sheep and the Somali goat. The Somali goat is mainly kept because it thrives in dry areas. The variety is kept for both meat and milk, and it can produce more than 6.6 pounds of milk during dry seasons. The Somali sheep, on the other hand, is mainly kept for meat. The sheep are also exported to other nations primarily those in the Arabian Peninsula. Apart from sheep, Somali herders also export cattle and camels to countries in the Arabian Peninsula. Some of the countries in the Arabian Peninsula have chosen to invest in Somalia's pastoralism industry to grow the sector.

Fishing

The fishing sector is one of Somalia's most important industries mainly because the country has an exceptionally long coastline. Before 1991, Somalia had several important fishing centers mainly located along the country's coast. During this period, some of the fish species that were often caught included tuna and lobster. Somalia's significant fish reserves attracted investment from other nations mainly those in Europe and Asia. The violence that rocked Somalia significantly affected the country's fishing industry as it discouraged investment in the sector. In the 21st century, the Somali government has attempted to work with the local communities to reestablish the country's fishing sector. In 2012, as part of the efforts to reestablish the country's fishing industry, engineers were employed to assess the renovations at one of the country's most important fishing ports, Las Khorey. The government of the UK assisted in the construction of a fish market at Garowe. Another measure that the Somali government took to improve the fishing sector was opening training schools for fishers.

Mining

Another sector essential to the Somali economy is the mining industry with some of the country's most important minerals being gemstones and salt. Somalia also has limited deposits of other significant minerals such as uranium, tin, and gold. Before 1991, the Somali government was in charge of granting mining rights to companies, however, after the government collapsed, it was difficult for companies to get rights to mine in the country legally. The collapse of the Somali government made it difficult to get accurate data from the country's mining industry. Some of the countries that have been granted the right to mine in Somalia include the East African Mining Corporation and Range Resources Limited from Australia. Industry experts believe that the Somali mining sector has the potential to be one of the country's most important industries.

Telecommunication

The telecommunication industry is one of Somalia's most important sectors. Most of Somalia's telecommunication infrastructure was destroyed during the fighting that took place during the 1991 civil war. By 2010, Somalia's telecommunication industry had experienced resurgence mainly as a result of companies setting up the country's missing infrastructure. Somalia's telecommunication industry attracted investment from foreign nations such as South Korea and China. The telecommunication companies allow the Somali people to bank and send money using their phones. The mobile money system is one of the most vital systems in Somalia as it allows people to pay for services without having to carry large sums of money. The most significant challenge facing the Somali telecommunication industry is the insecurity that plagues the country.

Tourism

Somalia has been blessed with a variety of beautiful sites that attract significant numbers of tourists to the country. The beaches of Somalia are some of its most important tourist attraction sites with the most famous one being the Gezira Beach in Mogadishu and the Baathela Beach in Berbera. The violence in Somalia has dramatically affected the country's tourism industry as it has discouraged tourists from visiting the country.

The Somali economy

The economy of Somalia has been severly affected by the violence that plagued the country. Despite the violence, Somalia has managed to maintain a vibrant informal sector. Various financial experts believe that if Somalia became peaceful, the country's economy would grow exponentially.

Source.www.worldatlas.com 

Qorshahayga Sannadka 2019.

Nolosha bini'aadamku kama maaranto in aad yeelato qorshe hawleed,  ha ahaato mid ku cayiman maalmo, todobaadyo, bilo ama sannad e. Waa muhiim in aad lahaato qorshe hawleed si aad uga gungaadho nolosha ama aad horumar la taaban karo u samayso. Haddaba, si aan u dabakho in aan u horumariyo naftayda dhinac diin iyo mid maadi ba, waxa aan sannadkan 2019 go'aansaday in aad dhinacyadan xoogga saaro.

1. dhinac diinta: isla sannadkan curtay waxa aan bilaabay in tasfiirka quraanka kariimka ah, waxa aan rajaynayaa in aan si nabad qab ah ku dhamaystiro doono.

2. Nolosha bini'aadamku kama maaranto in aad la jaanqaado is bedelada dunida ka socda dhinac kasta oo ay tahay, waxa ii qorshaysan idam Alle in aan kor u qaato aqoontayda maadiga ah aniga oo raacayo talaabooyinkan hoose;

• In aan kordhiyo akhriska oo aad muhiim u gu ah noolaha waayo, Bilgate oo ah mulkiilaha shirkada Microsoft ahna ninka dunida ugu maalqabeensan waxa uu sannad walba akhriyaa in ku dhaw 50-buug ogowna " hogoomiyeyaashu waa akhristayaal". Aniga oo tan ka duulaya waxa aan isla bishan koowaad akhriyey buugtan, Why Not Me oo uu qorey qoraa reer Kenya ah oo la yidhaa STEPHEN MIURU, An Enemy called Average oo uu qoray qoraaga caanka ah ee reer Maraykan waa JOHN L.MASON e, iyo hadda oo aan waddo buug ka waramaya State Building and Democratization of Africa.
• Wax ii qorshaysan idam Alle in aad kordhiyo aqoonta aan u leeyahay,horumarka bulshada, koritaanka dhaqan-dhaqaale, iyo isdhexgalka bulsheed ee  dadyowga Afrika.

U gu dambayn waxa sannadkan ii qorshaysan in aan soo kordhiyo hal-abuur cusub waayo in aad soo kordhiso hal-abuur ma aha wax sahlan. 

Haddaba, walaal adiga maxaa kuu qorshaysan?

Madaxweyneyaashii Ugu Muddada Dheeraa Maraykan.

waxa aynu halkan ku wadaagii doonnaa madaxweyneyaashii ugu mudada dheeraa dalka Maraykanka iyada oo lagu qiyaaso 13-madaxweyne

1. Franklin Delano Roosevelt (1933-1945)

 Mr. Roosevelt oo ka talinayay markayka sannadihii 1933-1945 ayaa ah madaxweynaha ugu muddada dheer ee ka arimiya dalwaynaha Maraykanka. Mr. Roosevelt waxa uu wadanka ka talinayay sannadihii ugu adkaa taariikhda aduunka oo ku siman dagaalkii labaad ee aduunka, Mr. Roosevelt waxa uu curiyey xeerar badan oo ay ka mid yihiin, Xeerka Nabad gelyada bulshad [Social Security Act] iyo sidoo kale koomishanka xakamaynta sarifka Exchange Commission (SEC). Mr. Roosevelt waxa uu wax ka qabtay shaqo la’aanta isaga oo hoos u dhigay 25% marka, waxa uu abuuray siyaas daris wanaag isaga oo ixtiraamay madax banaanida deriskiisa. Mr. Roosevelt  waxa uu xiligii lagu gudo jiray dagaalkii labaad ee aduunka u wareejiyay Jabaniskii maraykanka ku sugnaa xeerooyin taas oo lagu tilmaamo in ay ceeb ku ahayd. Mr. Roosevelt waxa uu markii ugu horeysa u magacaabay haweenay Frances Perkins golihiisii xukuumada isaga oo ka dhigay wasiirka shaqada. 

2. Thomas Jefferson (1801-1809)

Mr. Jefferson waxa uu ka iibsaday dhulka Louisiana France sannadkii 1803, waxa uu laban laabay dhulka uu ku fadhiyo dalka Maraykanku. Mr. Jefferson waxa uu sidoo kale u magacaabay in ay ka hawl-galaan dedaalka lagu kordhinayo dalka maraykanka Lewis iyo Clarka. Mr. Jefferson waxa uu Maraykanka ku hogaamiyey guushii dagaalkii Barbary ee (1801-05). Mr. Jefferson waxa aad loogu dhaliilaa in uu ku guul daraystay in uu soo afjaro xeerkii adoonsiga ee 1807-kii, waxyaabo lagu xasuusto na waxa ka mid ah in uu aasaasay jaamacada Viriginia sannaddii 1819-kii, waxa uu kale oo la sheegaa in uu kelidii u gu tabarucay kumanaan buug maktababada golaha koongareeska Maraykanka

 

3. James Madison (1809-1817)

James Madison  waxa uu wadanka hogaaminayay sannaddihii dagaala 1812-kii waxa uu na wadanka ka difaacay maxmiyadii Ingiriska. James Madison waxa uu saxeexay heshiiska Macon’s Bill No.2 kaas oo qeexayay in alaabooyinka iyo maraakiibta shixnadaha  Ingiriiska iyo Faransiiska loogu ogolaanayay in ay ganacsi keenan dalka maraykanka. James Madison waxa uu ku guuldaraystay in uu West Florida ka iibsado dalka Spain  iyo in uu  ka difaaco Canada xiligii dagaalkii 1812 Britian. James Madison waa madaxweynihii ugu gaabnaa abid Maraykanka, waxa uu adeer labaad u ahaa madaxweyne Zachary Taylor.

FG: Saddexdan Madaxweyne waxa la gu maamuusay in lagu muujiyo lacagta maraykanka ee loo yaqaano Dollarka. 

La Soco Qaybta Dambe

The Richest Countries in Asia

1. Macao SAR, China - $73,187

The economy of Asia is the fastest growing continental economy and also the largest continental economy in terms of GDP (PPP). The economy comprises of over 4.4 billion people living in the 49 nations of the continent. The wealth of the continent is unequally distributed both within and between the countries of Asia. Here, we present the 10 wealthiest economies in Asia in terms of GDP per capita.

An autonomous region of East Asia, Macau is the world’s most densely populated region. Macau houses a population of 650,900 within an area of 30.5 square km. The economy of Macau is largely tourism-based. Export-oriented manufacturing of textiles and garments and financial services including banking are the other most profitable economic sectors of Macau. Over 50% of the country’s GDP is contributed by the tourism, gaming, and hospitality industry. Macau has well-established and stable trade relations with more than 120 countries and regions of the world. The tourist arrivals in Macau dramatically increased from 9.1 million in 2000 to 22 million in 2006. The gambling industry also attracts a large number of tourists to Macau. Macau is also considered by many as a tax haven and a free port boosting international trade in the region.

2. Qatar - $59,330

The West Asian nation of Qatar, located in the Arabian Peninsula’s northeastern coast, is the second richest country in Asia with a GDP per capita of $59,330.9 USD. The country shares its only land border with Saudi Arabia and has a coastline along the Persian Gulf.

Qatar’s economy is based on the export of petroleum and liquefied natural gas. It accounts for 70% of the country’s government revenue, over 85% of the export earnings, and over 60% of the GDP. Qatar has an immense reserve of oil that can sustain the economy at the current levels for 23 years. Long term goals of the country include the diversification of the economy to reduce the dependency on oil, a fast-depleting resource.

3. Singapore - $52,960

Singapore is the third richest Asian nation with a GDP per capita of $52,960.7 USD. The Southeast Asian nation consists of one main island and 62 smaller islets.

The country has a well-established trade-oriented market economy. It is one of the least corrupt and most business-friendly economies in the world. The highly conducive investment scenario in Singapore attracts a large number of global investors. The country promotes innovation and entrepreneurship. The country’s port serves as the second busiest port in the world by cargo tonnage.

4. Hong Kong SAR, China - $43,681

Hong Kong, a SAR (Special Administrative Region) of China, is an autonomous territory based on the delta of the Pearl River. Hong Kong occupies an area of 1,104 square km and houses a multiethnic population of around 7.2 million. On the basis of GDP per capita, Hong Kong ranks as the fourth richest Asian nation. The GDP per capita of Hong Kong is $43,681.1 USD.

The economy of Hong Kong is highly dependent on international trade and finance. Hong Kong is one of the world’s top-rated international financial centers. The country also has low taxation rates. The economy of Hong Kong ranks number one in terms of the degree of economic freedom. Hong Kong has ample reserves of foreign exchange, little public debt, and an efficient legal system. Hong Kong port is one of the largest in the world in terms of container throughput. There is an abundant supply of cheap and skilled labor in Hong Kong. The SAR also earns huge revenue from the tourism sector.

5. Japan - $38,894

The East Asian nation of Japan located in the Pacific Ocean is the fifth richest country in Asia with a GDP per capita of $38,894.5USD.

The Japanese economy is highly reliant on the country’s automobile and electronics goods industry. The country is the 3rd largest automobile manufacturing nation and is also the biggest electronics goods industry in the world. Japan is one of the most innovative nations in the world and the biggest creditor nation globally. However, the Japanese economy also faces considerable threats, the biggest being a steeply falling population.

6. United Arab Emirates - $37,622

The GDP per capita of the United Arab Emirates (UAE) is $37,622.2 USD, the sixth highest in Asia. The country is located in Western Asia in the Arabian Peninsula’s southeast end. UAE houses a population of 9.2 million including 7.8 million expatriates and 1.4 million Emiratis.

The economy of UAE is the second largest among the GCC member countries after Saudi Arabia in terms of GDP. The country is ranked as the 26th best nation for conducting business. UAE’s economy is the most diversified in the GCC. However, still the economy is highly reliant on oil revenues and natural and gas and petroleum are the top exports.

7. Israel - 37,292

Israel is the seventh richest Asian country in terms of GDP per capita which is $37,292.6 USD. The country has coastlines along the Red Sea and the Mediterranean Sea.

The country’s highly educated workforce and well-developed education system have spurred rapid economic development and a technology boom in the country. Israel has the 24th most competitive economy in the world. The country hosts the second highest number of startup companies. Israel is self-sufficient in food production. Machinery, cut diamonds, chemicals, apparel, agricultural products, etc., are the top export products of Israel.

8. Korea, Rep. - 27,538

South Korea is located in East Asia in the Korean Peninsula’s southern part.

The country has a mixed economy, one of the biggest in Asia with a per capita GDP of $27,538.8 USD. The developed country is known for its internationally famous brands like Samsung and LG Electronics. The country has a highly skilled and educated workforce. The country’s economy is heavily reliant on international trade.

9. Brunei Darussalam - $26,938

Brunei, a Southeast Asian economy, is the ninth richest country in Asia with a

GDP per capita of $26,938.5 USD. The country has a stretch of coastline along the South China Sea, and its land borders are with Malaysia. Brunei’s economy is small but rich and factors like efficient government regulation, welfare measures, and a conducive environment for entrepreneurship boost the growth of Brunei’s economy. The exports of crude oil and natural gas are the biggest contributors to the GDP of the country. Brunei is Southeast Asia’s third largest oil producer and the world’s fourth largest LNG (liquefied natural gas) producer. Domestic production is supplemented by overseas investments. 

10. Bahrain - $22,354

Bahrain is an island country in the Middle East that

is connected to Saudi Arabia via the King Fahd Causeway. The country houses a population of 1,234,571 including 666,172 non-nationals. Bahrain is Asia’s third smallest nation. The country has the fastest growing economy in the Arab world. The economy of Bahrain is the world’s 12th freest and the freest in the Middle East. The most important export of the country is processed petroleum. Aluminum, finance, and construction materials are the other biggest products and services of Bahrain.

for further Reading:https://www.worldatlas.com/articles/which-are-the-richest-countries-in-asia.html