Effects of unemployment on economic growth in Somalia

This study looked at the connection between Somalia's unemployment rate and its economic growth. This study was done with the intention of analyzing how unemployment affects economic growth and offering suggestions on how to improve economic growth and decrease unemployment in Somalia in light of the country's current economic difficulties. The World Bank database and United Data database were used to provide annual secondary data spanning the years 1991 to 2020. The ARDL Bound Testing and the Parsimonious Error Correction Model (ECM) of the ARDL Model were used to analyze the data collected in order to test the relationship and analyze the effect, respectively. The results demonstrated a long-term relationship between Somalia's unemployment rate and economic growth, as well as a negative relationship between unemployment and GDP.