Somalia is one of the poorest countries in the world, with the 2012 Human Development Index putting it among the five least-developed of 170 countries. The poverty rate is currently 73 percent. Seventy percent of the population in Somalia is under the age of 30 and the life expectancy is as low as 55 percent.

Is Somalia the poorest country in the world?

It is ranked as number 54 in terms of countries with the lowest GDP per capita in Africa. On a global scale, Somalia is ranked at 188. The poorest countries in Africa are also among the poorest countries in the world .Poorest Countries In Africa 2021.CountrySomaliaGDP (IMF 19)$7.90 BnGDP (UN 16)$1.32 BnPer Capita$1.32 Bn53 more columns

Is Somalia living in poverty?

Decades of civil war and political fragmentation have made Somalia one of the poorest countries in Sub-Saharan Africa. Nearly seven of 10 Somalis live in poverty, the sixth-highest rate in the region.

Which country has the most oil in the world?

Venezuela Oil Reserves by Country#CountryWorld Share1Venezuela18.2%2Saudi Arabia16.2%3Canada10.4%4Iran9.5%94 more rows

What is the crime rate in Somalia?

Crime rates in SomaliaLevel of crime56.70ModerateCrime increasing in the past 3 years53.45ModerateWorries home broken and things stolen56.25ModerateWorries being mugged or robbed61.21HighWorries car stolen55.60Moderate8 more rows

Is education in Somalia free?

Since declaring independence in 1991, local authorities in Somaliland have sought to restore and expand their education services, and in 2011 established free primary education within the region.

Does Somalia have petroleum?

The country, which shares the geological structure of the Arabian peninsula, “undoubtedly has petroleum resources,” says Hussein. “We have to start exploration. Somalias first-ever licensing round for up to seven exploration blocks opened on 4 August and runs until 12 March 2021.