Somalia vs Upper middle income: Short-term debt
Short-term debt over time
- Somalia
- Upper middle income
How they compare
Somalia currently reports 41.8% against 31.3% in Upper middle income, a difference of 10.5%.
That makes Somalia's figure about 1.3 times Upper middle income's.
The two have swapped places 7 times across 55 shared years of data; in 1970 it was Upper middle income ahead.
Somalia ranks 3rd and Upper middle income ranks 2nd of 122 countries.
Across the 6 decades both report, Somalia averaged higher in 3 and Upper middle income in 3.
Head to head by decade
| Decade | Somalia | Upper middle income | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 1.8% | 15.0% | 13.2% | Upper middle income |
| 1980s | 6.1% | 15.7% | 9.7% | Upper middle income |
| 1990s | 19.5% | 20.3% | 0.8% | Upper middle income |
| 2000s | 26.3% | 20.5% | 5.8% | Somalia |
| 2010s | 34.2% | 32.7% | 1.5% | Somalia |
| 2020s | 30.8% | 30.2% | 0.6% | Somalia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher short-term debt, Somalia or Upper middle income?
- Somalia, at 41.8% against 31.3% in Upper middle income as of 2024.
- What is the difference in short-term debt between Somalia and Upper middle income?
- 10.5%, with Somalia ahead.
- How many years of comparable data are there for Somalia and Upper middle income?
- 55 years are reported by both, from 1970 to 2024.
- How do Somalia and Upper middle income rank globally for short-term debt?
- Somalia ranks 3rd and Upper middle income ranks 2nd of 122 countries.
- 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.