Debt service on external debt, public and publicly guaranteed (PPG) in Somalia
Somalia: Debt service on external debt, public and publicly guaranteed (PPG) was -66.3 % change on previous year in 2024. ◆ Volatile
Debt service on external debt, public and publicly guaranteed (PPG) in Somalia, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for debt service on external debt, public and publicly guaranteed (ppg) in Somalia is -66.3 % change on previous year, measured in 2024.
The figure is down 1,685.0% on the previous year and up 31.3% over five years.
Over the whole period, debt service on external debt, public and publicly guaranteed (ppg) in Somalia peaked at 412.3 % change on previous year in 1981 and was at its lowest, -99.39 % change on previous year, in 1991.
That places Somalia 121st out of 122 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, public and publicly guaranteed (PPG) in Somalia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 32.74 % change on previous year | — |
| 1972 | 67.17 % change on previous year | +105.2% |
| 1973 | 34.9 % change on previous year | -48.0% |
| 1974 | 17.71 % change on previous year | -49.3% |
| 1975 | 12.7 % change on previous year | -28.3% |
| 1976 | -28.01 % change on previous year | -320.6% |
| 1977 | 32.3 % change on previous year | -215.3% |
| 1978 | 26.44 % change on previous year | -18.1% |
| 1979 | -3.25 % change on previous year | -112.3% |
| 1980 | 123.38 % change on previous year | -3900.1% |
| 1981 | 412.3 % change on previous year | +234.2% |
| 1982 | -75.53 % change on previous year | -118.3% |
| 1983 | 50.34 % change on previous year | -166.6% |
| 1984 | -50.97 % change on previous year | -201.3% |
| 1985 | -39.52 % change on previous year | -22.5% |
| 1986 | 35.84 % change on previous year | -190.7% |
| 1987 | 12.55 % change on previous year | -65.0% |
| 1988 | -48.35 % change on previous year | -485.2% |
| 1989 | 335.3 % change on previous year | -793.5% |
| 1990 | -61.02 % change on previous year | -118.2% |
| 1991 | -99.39 % change on previous year | +62.9% |
| 2021 | -96.54 % change on previous year | -2.9% |
| 2022 | -7.6 % change on previous year | -92.1% |
| 2023 | 4.18 % change on previous year | -155.1% |
| 2024 | -66.3 % change on previous year | -1685.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 21.41 % change on previous year | -28.01 % change on previous year | 67.17 % change on previous year | 9 |
| 1980s | 75.53 % change on previous year | -75.53 % change on previous year | 412.3 % change on previous year | 10 |
| 1990s | -80.2 % change on previous year | -99.39 % change on previous year | -61.02 % change on previous year | 2 |
| 2020s | -41.56 % change on previous year | -96.54 % change on previous year | 4.18 % change on previous year | 4 |
Countries ranked near Somalia
More external debt data for Somalia
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 0 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 0.0% (2024)
- Net financial flows, IDA 0 NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 0 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre -18.74 NFL, current US$ per square kilometre (2023)
- Net financial flows, IDA (NFL, current US$), annual growth rate 100 % change on previous year (2024)
Frequently asked questions
- What is debt service on external debt, public and publicly guaranteed (ppg) in Somalia?
- Debt service on external debt, public and publicly guaranteed (ppg) in Somalia was -66.3 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest debt service on external debt, public and publicly guaranteed (ppg) recorded in Somalia?
- The highest recorded value was 412.3 % change on previous year in 1981.
- What is the lowest debt service on external debt, public and publicly guaranteed (ppg) recorded in Somalia?
- The lowest recorded value was -99.39 % change on previous year in 1991.
- How does Somalia rank for debt service on external debt, public and publicly guaranteed (ppg)?
- Somalia ranks 121st out of 122 countries with data for 2024.
- Where does this Somalia data come from?
- The figures come from Statizoid (derived), published as part of Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Debt service on external debt, public and publicly guaranteed (PPG) International Debt Statistics, World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.