Middle income vs Somalia: Short-term debt
Short-term debt over time
- Middle income
- Somalia
How they compare
Somalia currently reports 41.8% against 27.4% in Middle income, a difference of 14.4%.
That makes Somalia's figure about 1.5 times Middle income's.
The two have swapped places 5 times across 55 shared years of data; in 1970 it was Middle income ahead.
Middle income ranks 3rd and Somalia ranks 3rd of 12 groups.
Across the 6 decades both report, Middle income averaged higher in 2 and Somalia in 4.
Head to head by decade
| Decade | Middle income | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 14.1% | 1.8% | 12.3% | Middle income |
| 1980s | 15.5% | 6.1% | 9.4% | Middle income |
| 1990s | 17.0% | 19.5% | 2.5% | Somalia |
| 2000s | 18.0% | 26.3% | 8.3% | Somalia |
| 2010s | 29.0% | 34.2% | 5.2% | Somalia |
| 2020s | 26.6% | 30.8% | 4.2% | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher short-term debt, Middle income or Somalia?
- Somalia, at 41.8% against 27.4% in Middle income as of 2024.
- What is the difference in short-term debt between Middle income and Somalia?
- 14.4%, with Somalia ahead.
- How many years of comparable data are there for Middle income and Somalia?
- 55 years are reported by both, from 1970 to 2024.
- How do Middle income and Somalia rank globally for short-term debt?
- Middle income ranks 3rd 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.
Individual pages
About this data
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.