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Country Snapshot: Somalia
LDC SME Pulse Survey 2020
Multidimensional Poverty Index (MPI) | Poverty Rate % (MPI) | Human Development Index (HDI) | HDI category | GNI per capita PPP (US$) | Population |
---|---|---|---|---|---|
— | — | — | — | — | 14,317,996 |
COVID cases | COVID deaths | Stringency Index | Gov Response Index | Containment Health Index | Economic Support Index |
---|---|---|---|---|---|
3,212 | 93 | 31.48 | 28.21 | 28.79 | 25 |
Figure 1: SME response profile by number of employees
Comparisons of Business Profiles and COVID-19 impact by Business Sector. Only showing sector disaggregation for sectors with more than 4 responses.
Business Sector | Count | Median Revenue | Average Percent Change in Investment | Percentage Female-Owned | Average layoffs | Most Common Intertrade Status |
---|---|---|---|---|---|---|
Catering, Tourism | 10 | $68,000.00 | -17.57% | 35.71% | 11 | Import and export |
Comms, Tech | 8 | $19,500.00 | -17.43% | 14.29% | 8 | Within country only |
Consumer Staples | 7 | $16,859.00 | -10.43% | 17.86% | 5 | Import only |
Industrials | 6 | $90,000.00 | -18.33% | 10.71% | 40 | Within country only |
Utilities & Energy | 5 | $11,000.00 | -33.40% | 10.71% | 7 | Within country only |
Figure 2: What are the key challenges faced by SMEs (up to 3 choices)
Figure 3: Level of SME business operating capacity
Figure 4: How long are you able to keep your SME business open
Figure 5: Anticipated change in annual revenue
Figure 6: Type of Government Support received to mitigate impact of COVID-19
Figure 7: Average Effectiveness and Accessibility of Government Support
Note: 1 = very ineffective/inaccessible, 5 = very effective/accessible
Figure 8: What are the most needed policies to support your SMEs
Figure 9: What are the reasons for not receiving any COVID government support
Figure 10: Portion of SMEs that received direct support from international entities
Figure 11: Type of direct support received from international entities
Figure 12: Heatmap of business capacity against most needed policy
Figure 13: Heatmap of revenue change against coping strategies
Taking the Pulse of Small Businesses in LDC markets during COVID-19 (2020)
By the United Nations Capital Development Fund (UNCDF), International Chamber of Commerce (ICC), Global Alliance de PME (GAPME), Business Africa, Columbia University: Program of Quantitative Methods in Social Sciences, and Concordia.
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