Debt service on external debt, total (TDS, current US$), annual in Somalia
Somalia: Debt service on external debt, total (TDS, current US$), annual was -38.7 % change on previous year in 2024. ◆ Volatile
Debt service on external debt, total (TDS, current US$), annual in Somalia, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Somalia recorded -38.7 % change on previous year for debt service on external debt, total (tds, current us$), annual in 2024.
Compared with earlier readings it is down 216.5% on the previous year and up 58.8% over ten years.
Over the whole period, debt service on external debt, total (tds, current us$), annual in Somalia peaked at 924.53 % change on previous year in 2019 and was at its lowest, -99.62 % change on previous year, in 1991.
Somalia ranks 117th of 121 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service on external debt, total (TDS, current US$), annual in Somalia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | -56.57 % change on previous year | — |
| 1972 | 64.71 % change on previous year | -214.4% |
| 1973 | 34.22 % change on previous year | -47.1% |
| 1974 | 17.33 % change on previous year | -49.3% |
| 1975 | 44.03 % change on previous year | +154.0% |
| 1976 | -44.76 % change on previous year | -201.7% |
| 1977 | 56.78 % change on previous year | -226.8% |
| 1978 | 6.7 % change on previous year | -88.2% |
| 1979 | -3.25 % change on previous year | -148.5% |
| 1980 | 219.3 % change on previous year | -6854.4% |
| 1981 | 263.34 % change on previous year | +20.1% |
| 1982 | -57.06 % change on previous year | -121.7% |
| 1983 | 20.71 % change on previous year | -136.3% |
| 1984 | -11.8 % change on previous year | -157.0% |
| 1985 | -6.25 % change on previous year | -47.0% |
| 1986 | 211.46 % change on previous year | -3483.7% |
| 1987 | -40.36 % change on previous year | -119.1% |
| 1988 | -85.5 % change on previous year | +111.9% |
| 1989 | 499.35 % change on previous year | -684.0% |
| 1990 | -66.76 % change on previous year | -113.4% |
| 1991 | -99.62 % change on previous year | +49.2% |
| 1992 | 496.98 % change on previous year | -598.9% |
| 1993 | 36.16 % change on previous year | -92.7% |
| 1994 | -87.56 % change on previous year | -342.1% |
| 1996 | 362.25 % change on previous year | -513.7% |
| 1997 | -98.73 % change on previous year | -127.3% |
| 1998 | 338.91 % change on previous year | -443.3% |
| 1999 | 809.75 % change on previous year | +138.9% |
| 2000 | -52.5 % change on previous year | -106.5% |
| 2001 | -31.96 % change on previous year | -39.1% |
| 2002 | -4.82 % change on previous year | -84.9% |
| 2003 | -42.59 % change on previous year | +783.6% |
| 2004 | 49.81 % change on previous year | -216.9% |
| 2005 | 60.15 % change on previous year | +20.8% |
| 2006 | 18.86 % change on previous year | -68.7% |
| 2007 | -13.7 % change on previous year | -172.7% |
| 2008 | 147.16 % change on previous year | -1174.0% |
| 2009 | -90.84 % change on previous year | -161.7% |
| 2010 | 36.68 % change on previous year | -140.4% |
| 2011 | -65.77 % change on previous year | -279.3% |
| 2012 | 181.33 % change on previous year | -375.7% |
| 2013 | 165.66 % change on previous year | -8.6% |
| 2014 | -94.03 % change on previous year | -156.8% |
| 2015 | -7.93 % change on previous year | -91.6% |
| 2016 | 68.47 % change on previous year | -963.4% |
| 2017 | -36.05 % change on previous year | -152.7% |
| 2018 | 79.72 % change on previous year | -321.1% |
| 2019 | 924.53 % change on previous year | +1059.8% |
| 2021 | -97.88 % change on previous year | -110.6% |
| 2022 | 14.74 % change on previous year | -115.1% |
| 2023 | 33.23 % change on previous year | +125.5% |
| 2024 | -38.7 % change on previous year | -216.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.24 % change on previous year | -56.57 % change on previous year | 64.71 % change on previous year | 9 |
| 1980s | 101.32 % change on previous year | -85.5 % change on previous year | 499.35 % change on previous year | 10 |
| 1990s | 187.93 % change on previous year | -99.62 % change on previous year | 809.75 % change on previous year | 9 |
| 2000s | 3.96 % change on previous year | -90.84 % change on previous year | 147.16 % change on previous year | 10 |
| 2010s | 125.26 % change on previous year | -94.03 % change on previous year | 924.53 % change on previous year | 10 |
| 2020s | -22.15 % change on previous year | -97.88 % change on previous year | 33.23 % change on previous year | 4 |
Countries ranked near Somalia
- 114 Kyrgyzstan -30.91 % change on previous year compare
- 115 Belarus -32.68 % change on previous year compare
- 116 Armenia -34.46 % change on previous year compare
- 118 Uganda -42.64 % change on previous year compare
- 119 Lebanon -42.91 % change on previous year compare
- 120 Brazil -49.35 % change on previous year compare
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$), annual growth rate 100 % change on previous year (2024)
Frequently asked questions
- What is debt service on external debt, total (tds, current us$), annual in Somalia?
- Debt service on external debt, total (tds, current us$), annual in Somalia was -38.7 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest debt service on external debt, total (tds, current us$), annual recorded in Somalia?
- The highest recorded value was 924.53 % change on previous year in 2019.
- What is the lowest debt service on external debt, total (tds, current us$), annual recorded in Somalia?
- The lowest recorded value was -99.62 % change on previous year in 1991.
- How does Somalia rank for debt service on external debt, total (tds, current us$), annual?
- Somalia ranks 117th out of 121 countries with data for 2024.
- Is debt service on external debt, total (tds, current us$), annual rising or falling in Somalia?
- Over the last ten years it is up 58.8%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from Statizoid (derived), published as part of Debt service on external debt, total (TDS, current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Debt service on external debt, total (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Debt service on external debt, total International Debt Statistics, World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Debt service on external debt, total (TDS, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.