Debt service on external debt, total in Somalia
Somalia: Debt service on external debt, total was 16.30 million TDS, current US$ in 2024. ◆ Volatile
Debt service on external debt, total in Somalia, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
The most recent figure for debt service on external debt, total in Somalia is 16.30 million TDS, current US$, measured in 2024.
The figure is down 38.7% on the previous year and up 46,530.4% over ten years.
Over the whole period, debt service on external debt, total in Somalia peaked at 820.91 million TDS, current US$ in 2020 and was at its lowest, 32,180 TDS, current US$, in 2015.
Somalia ranks 120th of 121 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 3.07 million TDS, current US$ | 1.20 million TDS, current US$ | 4.49 million TDS, current US$ | 10 |
| 1980s | 28.17 million TDS, current US$ | 5.38 million TDS, current US$ | 62.18 million TDS, current US$ | 10 |
| 1990s | 1.74 million TDS, current US$ | 41,056 TDS, current US$ | 10.71 million TDS, current US$ | 10 |
| 2000s | 695,202 TDS, current US$ | 167,531 TDS, current US$ | 1.83 million TDS, current US$ | 10 |
| 2010s | 197,017 TDS, current US$ | 32,180 TDS, current US$ | 638,338 TDS, current US$ | 10 |
| 2020s | 180.23 million TDS, current US$ | 16.30 million TDS, current US$ | 820.91 million TDS, current US$ | 5 |
Countries ranked near Somalia
- 117 Solomon Islands 25.98 million TDS, current US$ compare
- 118 Comoros 24.64 million TDS, current US$ compare
- 119 Eritrea 21.22 million TDS, current US$ compare
- 121 Sao Tome and Principe 5.22 million TDS, current US$ compare
More external debt data for Somalia
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- Public and publicly guaranteed debt service 0.0% (2024)
- Net financial flows, IDA 0 NFL, current US$ (2024)
- IMF repurchases and charges 10.90 million TDS, current US$ (2024)
- Net financial flows, multilateral -1.52 million NFL, current US$ (2024)
- PPG, official creditors -3.75 million NFL, US$ (2024)
- Multilateral debt service 1.66 million TDS, current US$ (2024)
- Use of IMF credit 383.72 million DOD, current US$ (2024)
- Multilateral debt service 30.8% (2024)
- Debt service on external debt, public and publicly guaranteed (PPG) 5.40 million TDS, current US$ (2024)
Frequently asked questions
- What is debt service on external debt, total in Somalia?
- Debt service on external debt, total in Somalia was 16.30 million TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest debt service on external debt, total recorded in Somalia?
- The highest recorded value was 820.91 million TDS, current US$ in 2020.
- What is the lowest debt service on external debt, total recorded in Somalia?
- The lowest recorded value was 32,180 TDS, current US$ in 2015.
- How does Somalia rank for debt service on external debt, total?
- Somalia ranks 120th out of 121 countries with data for 2024.
- Is debt service on external debt, total rising or falling in Somalia?
- Over the last ten years it is up 46,530.4%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Debt service on external debt, total (TDS, current US$). Statizoid updates them automatically from the source API.
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About this data
Total debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term debt, interest paid on short-term debt, and repayments (repurchases and charges) to the IMF. Data are in current U.S. dollars.