Somalia vs Zimbabwe: Debt on Non-concessional terms to GDP
Debt on Non-concessional terms to GDP over time
- Somalia
- Zimbabwe
How they compare
Somalia currently reports 88.7% against 45.8% in Zimbabwe, a difference of 42.9%.
That makes Somalia's figure about 1.9 times Zimbabwe's.
The two have swapped places 3 times across 21 shared years of data; in 1970 it was Zimbabwe ahead.
Somalia ranks 2nd and Zimbabwe ranks 3rd of 50 countries.
Across the 3 decades both report, Somalia averaged higher in 2 and Zimbabwe in 1.
Head to head by decade
| Decade | Somalia | Zimbabwe | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 3.1% | 5.5% | 2.5% | Zimbabwe |
| 1980s | 60.2% | 25.6% | 34.6% | Somalia |
| 1990s | 88.7% | 26.9% | 61.8% | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher debt on non-concessional terms to gdp, Somalia or Zimbabwe?
- Somalia, at 88.7% against 45.8% in Zimbabwe as of 1990.
- What is the difference in debt on non-concessional terms to gdp between Somalia and Zimbabwe?
- 42.9%, with Somalia ahead.
- How many years of comparable data are there for Somalia and Zimbabwe?
- 21 years are reported by both, from 1970 to 1990.
- How do Somalia and Zimbabwe rank globally for debt on non-concessional terms to gdp?
- Somalia ranks 2nd and Zimbabwe ranks 3rd of 50 countries.
- Where does this data come from?
- World Bank, Global Development Finance, published as Debt on Non-concessional terms to GDP (% of GDP). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Non-concessional LDOD conveys information about the borrower's receipt of aid from official lenders on non-concessional terms as defined by the Development Assistance Committee (DAC) of the OECD. Concessional debt is defined as loans with an original grant element of 25 percent or more. The grant equivalent of a loan is its commitment (present) value, less the discounted present value of its contractual debt service; conventionally, future service payments are discounted at 10 percent. The grant element of a loan is the grant equivalent expressed as a percentage of the amount committed. It is used as a measure of the overall cost of borrowing. Loans from major regional development banks--African Development Bank, Asian Development Bank, and the Inter-American Development Bank--and from the World Bank are classified as concessional according to each institution's classification and not according to the DAC definition, as was the practice in earlier reports. Long-term debt outstanding and disbursed (LDOD) is the total outstanding long-term debt at year end. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents and repayable in currency, goods, or services. Data are in current U.S. dollars.