Remittances vs Food Imports: Somalia Spends More on Food Than It Receives

Somalia receives $2.0 billion a year in remittances from Somalis abroad but spends $2.2 billion importing food.

Key figures

• Remittances received: $2.0 billion
• Food imports: $2.2 billion
• Gap: $0.2 billion ($200 million)

Source: Somali Researchers Association (SRA).

Published by the Somali Researchers Association (SRA). See all our flash cards.