Europe & Central Asia (excluding high income) vs Somalia: Short-term debt

Europe & Central Asia (excluding high income)
21.8%
in 2024
Somalia
41.8%
in 2024
Europe & Central Asia (excluding high income) rank
5th
Somalia rank
3rd

Short-term debt over time

  • Europe & Central Asia (excluding high income)
  • Somalia
0204060197019972024

How they compare

Somalia currently reports 41.8% against 21.8% in Europe & Central Asia (excluding high income), a difference of 20.0%.

That makes Somalia's figure about 1.9 times Europe & Central Asia (excluding high income)'s.

The two have swapped places 3 times across 55 shared years of data; in 1970 it was Europe & Central Asia (excluding high income) ahead.

Europe & Central Asia (excluding high income) ranks 5th and Somalia ranks 3rd of 12 groups.

Across the 6 decades both report, Europe & Central Asia (excluding high income) averaged higher in 2 and Somalia in 4.

Head to head by decade

Decade Europe & Central Asia (excluding high income) Somalia Difference Ahead
1970s 20.7% 1.8% 18.9% Europe & Central Asia (excluding high income)
1980s 11.5% 6.1% 5.4% Europe & Central Asia (excluding high income)
1990s 18.3% 19.5% 1.2% Somalia
2000s 19.6% 26.3% 6.7% Somalia
2010s 20.0% 34.2% 14.2% Somalia
2020s 20.3% 30.8% 10.5% Somalia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher short-term debt, Europe & Central Asia (excluding high income) or Somalia?
Somalia, at 41.8% against 21.8% in Europe & Central Asia (excluding high income) as of 2024.
What is the difference in short-term debt between Europe & Central Asia (excluding high income) and Somalia?
20.0%, with Somalia ahead.
How many years of comparable data are there for Europe & Central Asia (excluding high income) and Somalia?
55 years are reported by both, from 1970 to 2024.
How do Europe & Central Asia (excluding high income) and Somalia rank globally for short-term debt?
Europe & Central Asia (excluding high income) ranks 5th and Somalia ranks 3rd of 12 groups.
Where does this data come from?
International Debt Statistics, World Bank (WB), published as Short-term debt (% of total external debt). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Europe & Central Asia (excluding high income) vs Somalia: Short-term debt. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 15 September 2026, from https://debt.statizoid.com/compare/short-term-debt-percent-of-total-external-debt/europe-and-central-asia-excluding-high-income/somalia-fed-rep/

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About this data

Indicator
Short-term debt (% of total external debt)
Unit
% of total external debt
Source
International Debt Statistics, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
134 places, 6,579 data points, 1970–2024
Last refreshed

Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.