External debt stocks, public and publicly guaranteed (PPG) (DOD) in Somalia
Somalia: External debt stocks, public and publicly guaranteed (PPG) (DOD) was 663.72 million DOD, current US$ in 2024. ▲ Rising
Latest (2024)
663.72 million DOD, current US$
Change on year
down 67.1%
World rank
109th
of 123 countries
All-time high
2.61 billion DOD, current US$
in 2020
All-time low
73.22 million DOD, current US$
in 1970
Years of data
55
1970–2024
External debt stocks, public and publicly guaranteed (PPG) in Somalia, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
Somalia recorded 663.72 million DOD, current US$ for external debt stocks, public and publicly guaranteed (ppg) in 2024.
The figure is down 67.1% on the previous year and down 63.1% over ten years.
Over the whole period, external debt stocks, public and publicly guaranteed (ppg) in Somalia peaked at 2.61 billion DOD, current US$ in 2020 and was at its lowest, 73.22 million DOD, current US$, in 1970.
Somalia ranks 109th of 123 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 55 years of available data.
External debt stocks, public and publicly guaranteed (PPG) (DOD) in Somalia, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 73.22 million DOD, current US$ | — |
| 1971 | 79.71 million DOD, current US$ | +8.9% |
| 1972 | 96.23 million DOD, current US$ | +20.7% |
| 1973 | 118.82 million DOD, current US$ | +23.5% |
| 1974 | 153.73 million DOD, current US$ | +29.4% |
| 1975 | 185.01 million DOD, current US$ | +20.3% |
| 1976 | 241.16 million DOD, current US$ | +30.4% |
| 1977 | 304.46 million DOD, current US$ | +26.2% |
| 1978 | 385.00 million DOD, current US$ | +26.5% |
| 1979 | 429.33 million DOD, current US$ | +11.5% |
| 1980 | 473.55 million DOD, current US$ | +10.3% |
| 1981 | 863.10 million DOD, current US$ | +82.3% |
| 1982 | 981.16 million DOD, current US$ | +13.7% |
| 1983 | 1.11 billion DOD, current US$ | +13.1% |
| 1984 | 1.20 billion DOD, current US$ | +8.0% |
| 1985 | 1.33 billion DOD, current US$ | +10.6% |
| 1986 | 1.47 billion DOD, current US$ | +10.5% |
| 1987 | 1.61 billion DOD, current US$ | +10.0% |
| 1988 | 1.64 billion DOD, current US$ | +1.7% |
| 1989 | 1.69 billion DOD, current US$ | +2.8% |
| 1990 | 1.80 billion DOD, current US$ | +6.9% |
| 1991 | 1.82 billion DOD, current US$ | +1.2% |
| 1992 | 1.78 billion DOD, current US$ | -2.2% |
| 1993 | 1.78 billion DOD, current US$ | -0.0% |
| 1994 | 1.83 billion DOD, current US$ | +2.4% |
| 1995 | 1.84 billion DOD, current US$ | +1.1% |
| 1996 | 1.81 billion DOD, current US$ | -1.9% |
| 1997 | 1.75 billion DOD, current US$ | -3.4% |
| 1998 | 1.79 billion DOD, current US$ | +2.3% |
| 1999 | 1.77 billion DOD, current US$ | -1.1% |
| 2000 | 1.73 billion DOD, current US$ | -2.1% |
| 2001 | 1.70 billion DOD, current US$ | -1.8% |
| 2002 | 1.77 billion DOD, current US$ | +3.9% |
| 2003 | 1.84 billion DOD, current US$ | +4.4% |
| 2004 | 1.86 billion DOD, current US$ | +0.7% |
| 2005 | 1.79 billion DOD, current US$ | -3.7% |
| 2006 | 1.83 billion DOD, current US$ | +2.3% |
| 2007 | 1.88 billion DOD, current US$ | +2.9% |
| 2008 | 1.88 billion DOD, current US$ | -0.2% |
| 2009 | 1.88 billion DOD, current US$ | +0.3% |
| 2010 | 1.88 billion DOD, current US$ | -0.3% |
| 2011 | 1.88 billion DOD, current US$ | -0.0% |
| 2012 | 1.87 billion DOD, current US$ | -0.4% |
| 2013 | 1.86 billion DOD, current US$ | -0.5% |
| 2014 | 1.80 billion DOD, current US$ | -3.3% |
| 2015 | 1.76 billion DOD, current US$ | -2.2% |
| 2016 | 1.74 billion DOD, current US$ | -0.8% |
| 2017 | 1.79 billion DOD, current US$ | +2.4% |
| 2018 | 2.05 billion DOD, current US$ | +14.8% |
| 2019 | 2.05 billion DOD, current US$ | -0.1% |
| 2020 | 2.61 billion DOD, current US$ | +27.3% |
| 2021 | 2.31 billion DOD, current US$ | -11.3% |
| 2022 | 2.31 billion DOD, current US$ | -0.1% |
| 2023 | 2.02 billion DOD, current US$ | -12.6% |
| 2024 | 663.72 million DOD, current US$ | -67.1% |
Somalia compared with similar countries
- Somalia's 663.72 million DOD, current US$ is below the median for low income countries, which is 3.41 billion DOD, current US$, 19% of the median. (23 countries reporting)
- Somalia's 663.72 million DOD, current US$ is below the median for Sub-Saharan Africa, which is 4.94 billion DOD, current US$, 13% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, public and publicly guaranteed (PPG) (DOD) in Somalia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1981 | +82.3% | 473.55 million DOD, current US$ | 863.10 million DOD, current US$ |
| 2024 | -67.1% | 2.02 billion DOD, current US$ | 663.72 million DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 206.67 million DOD, current US$ | 73.22 million DOD, current US$ | 429.33 million DOD, current US$ | 10 |
| 1980s | 1.24 billion DOD, current US$ | 473.55 million DOD, current US$ | 1.69 billion DOD, current US$ | 10 |
| 1990s | 1.80 billion DOD, current US$ | 1.75 billion DOD, current US$ | 1.84 billion DOD, current US$ | 10 |
| 2000s | 1.82 billion DOD, current US$ | 1.70 billion DOD, current US$ | 1.88 billion DOD, current US$ | 10 |
| 2010s | 1.87 billion DOD, current US$ | 1.74 billion DOD, current US$ | 2.05 billion DOD, current US$ | 10 |
| 2020s | 1.98 billion DOD, current US$ | 663.72 million DOD, current US$ | 2.61 billion DOD, current US$ | 5 |
Countries ranked near Somalia
- 106 Kosovo 732.22 million DOD, current US$ compare
- 106 Kosovo (UNSCR 1244) 732.22 million DOD, current US$ compare
- 108 Saint Vincent and the Grenadines 690.59 million DOD, current US$ compare
- 110 Eritrea 607.19 million DOD, current US$ compare
- 111 Burundi 601.23 million DOD, current US$ compare
- 112 Central African Republic 438.78 million DOD, current US$ 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$), annual growth rate 100 % change on previous year (2024)
Frequently asked questions
- What is external debt stocks, public and publicly guaranteed (ppg) in Somalia?
- External debt stocks, public and publicly guaranteed (ppg) in Somalia was 663.72 million DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, public and publicly guaranteed (ppg) recorded in Somalia?
- The highest recorded value was 2.61 billion DOD, current US$ in 2020.
- What is the lowest external debt stocks, public and publicly guaranteed (ppg) recorded in Somalia?
- The lowest recorded value was 73.22 million DOD, current US$ in 1970.
- How does Somalia rank for external debt stocks, public and publicly guaranteed (ppg)?
- Somalia ranks 109th out of 123 countries with data for 2024.
- Is external debt stocks, public and publicly guaranteed (ppg) rising or falling in Somalia?
- Over the last ten years it is down 63.1%. The long-run trend across the full record is rising.
- Where does this Somalia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Public and publicly guaranteed debt comprises long-term external obligations of public debtors, including the national government, Public Corporations, State Owned Enterprises, Development Banks and Other Mixed Enterprises, political subdivisions (or an agency of either), autonomous public bodies, and external obligations of private debtors that are guaranteed for repayment by a public entity. Data are in current U.S. dollars.