External debt stocks, long-term in Somalia
Somalia: External debt stocks, long-term was 663.72 million DOD, current US$ in 2024. ▲ Rising
External debt stocks, long-term in Somalia, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
Somalia recorded 663.72 million DOD, current US$ for external debt stocks, long-term in 2024.
That represents a change of down 67.1% on the previous year and down 63.1% over ten years.
Over the whole period, external debt stocks, long-term in Somalia peaked at 2.61 billion DOD, current US$ in 2020 and was at its lowest, 73.22 million DOD, current US$, in 1970.
That places Somalia 109th out of 121 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 206.67 million DOD, current US$ | 73.22 million DOD, current US$ | 429.33 million DOD, current US$ | 10 |
| 1980s | 1.24 billion DOD, current US$ | 473.55 million DOD, current US$ | 1.69 billion DOD, current US$ | 10 |
| 1990s | 1.80 billion DOD, current US$ | 1.75 billion DOD, current US$ | 1.84 billion DOD, current US$ | 10 |
| 2000s | 1.82 billion DOD, current US$ | 1.70 billion DOD, current US$ | 1.88 billion DOD, current US$ | 10 |
| 2010s | 1.87 billion DOD, current US$ | 1.74 billion DOD, current US$ | 2.05 billion DOD, current US$ | 10 |
| 2020s | 1.98 billion DOD, current US$ | 663.72 million DOD, current US$ | 2.61 billion DOD, current US$ | 5 |
Countries ranked near Somalia
- 106 Eswatini 969.26 million DOD, current US$ compare
- 107 Grenada 786.99 million DOD, current US$ compare
- 108 Saint Vincent and the Grenadines 690.59 million DOD, current US$ compare
- 110 Eritrea 607.19 million DOD, current US$ compare
- 111 Burundi 601.23 million DOD, current US$ compare
- 112 Solomon Islands 514.34 million DOD, 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)
- Use of IMF credit 383.72 million DOD, current US$ (2024)
- Multilateral debt service 1.66 million TDS, current US$ (2024)
- Multilateral debt service 30.8% (2024)
- PPG, official creditors -3.75 million NFL, US$ (2024)
- Debt service on external debt, public and publicly guaranteed (PPG) 5.40 million TDS, current US$ (2024)
Frequently asked questions
- What is external debt stocks, long-term in Somalia?
- External debt stocks, long-term in Somalia was 663.72 million DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, long-term recorded in Somalia?
- The highest recorded value was 2.61 billion DOD, current US$ in 2020.
- What is the lowest external debt stocks, long-term recorded in Somalia?
- The lowest recorded value was 73.22 million DOD, current US$ in 1970.
- How does Somalia rank for external debt stocks, long-term?
- Somalia ranks 109th out of 121 countries with data for 2024.
- Is external debt stocks, long-term rising or falling in Somalia?
- Over the last ten years it is down 63.1%. The long-run trend across the full record is rising.
- Where does this Somalia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks, long-term (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Long-term debt is debt that has an original or extended maturity of more than one year. It has three components: public, publicly guaranteed, and private nonguaranteed debt. Data are in current U.S. dollars.