Multilateral debt service in Somalia
Somalia: Multilateral debt service was 1.66 million TDS, current US$ in 2024. ◆ Volatile
Multilateral debt service in Somalia, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
In 2024, multilateral debt service in Somalia stood at 1.66 million TDS, current US$.
That represents a change of down 89.6% on the previous year.
Over the whole period, multilateral debt service in Somalia peaked at 480.86 million TDS, current US$ in 2020 and was at its lowest, 0 TDS, current US$, in 1999.
Somalia ranks 121st of 122 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 359,480 TDS, current US$ | 38,000 TDS, current US$ | 884,095 TDS, current US$ | 10 |
| 1980s | 6.42 million TDS, current US$ | 2.72 million TDS, current US$ | 12.92 million TDS, current US$ | 10 |
| 1990s | 2.39 million TDS, current US$ | 0 TDS, current US$ | 6.72 million TDS, current US$ | 4 |
| 2000s | 0 TDS, current US$ | 0 TDS, current US$ | 0 TDS, current US$ | 10 |
| 2010s | 0 TDS, current US$ | 0 TDS, current US$ | 0 TDS, current US$ | 8 |
| 2020s | 106.11 million TDS, current US$ | 1.66 million TDS, current US$ | 480.86 million TDS, current US$ | 5 |
Countries ranked near Somalia
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)
- Multilateral debt service 30.8% (2024)
- Use of IMF credit 383.72 million DOD, current US$ (2024)
- Debt service on external debt, public and publicly guaranteed (PPG) 5.40 million TDS, current US$ (2024)
- IMF repurchases and charges 10.90 million TDS, current US$ (2024)
- PPG, official creditors -3.75 million NFL, US$ (2024)
- Net financial flows, multilateral -1.52 million NFL, current US$ (2024)
- Net financial flows, bilateral -2.23 million NFL, current US$ (2024)
Frequently asked questions
- What is multilateral debt service in Somalia?
- Multilateral debt service in Somalia was 1.66 million TDS, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in Somalia?
- The highest recorded value was 480.86 million TDS, current US$ in 2020.
- What is the lowest multilateral debt service recorded in Somalia?
- The lowest recorded value was 0 TDS, current US$ in 1999.
- How does Somalia rank for multilateral debt service?
- Somalia ranks 121st out of 122 countries with data for 2024.
- Where does this Somalia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Multilateral debt service (TDS, current US$). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Debt service payments are the sum of principal repayments and interest payments actually made in the year specified. Data are in current U.S. dollars.