Low & middle income vs Somalia: Short-term debt

Low & middle income
26.8%
in 2024
Somalia
41.8%
in 2024
Low & middle income rank
4th
Somalia rank
3rd

Short-term debt over time

  • Low & middle income
  • Somalia
0204060197019972024

How they compare

Somalia currently reports 41.8% against 26.8% in Low & middle income, a difference of 15.0%.

That makes Somalia's figure about 1.6 times Low & middle income's.

The two have swapped places 5 times across 55 shared years of data; in 1970 it was Low & middle income ahead.

Low & middle income ranks 4th and Somalia ranks 3rd of 12 groups.

Across the 6 decades both report, Low & middle income averaged higher in 2 and Somalia in 4.

Head to head by decade

Decade Low & middle income Somalia Difference Ahead
1970s 13.8% 1.8% 12.0% Low & middle income
1980s 15.1% 6.1% 9.1% Low & middle income
1990s 17.0% 19.5% 2.6% Somalia
2000s 17.9% 26.3% 8.4% Somalia
2010s 28.5% 34.2% 5.7% Somalia
2020s 26.0% 30.8% 4.8% Somalia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher short-term debt, Low & middle income or Somalia?
Somalia, at 41.8% against 26.8% in Low & middle income as of 2024.
What is the difference in short-term debt between Low & middle income and Somalia?
15.0%, with Somalia ahead.
How many years of comparable data are there for Low & middle income and Somalia?
55 years are reported by both, from 1970 to 2024.
How do Low & middle income and Somalia rank globally for short-term debt?
Low & middle income ranks 4th 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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Low & middle income vs Somalia: Short-term debt. Statizoid, drawing on International Debt Statistics, World Bank (WB). Retrieved 07 September 2026, from https://debt.statizoid.com/compare/short-term-debt-percent-of-total-external-debt/low-and-middle-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.