External debt stocks, short-term in Somalia
Somalia: External debt stocks, short-term was 752.00 million DOD, current US$ in 2024. ◆ Volatile
Latest (2024)
752.00 million DOD, current US$
Change on year
up 7.4%
World rank
65th
of 122 countries
All-time high
3.11 billion DOD, current US$
in 2019
All-time low
60,000 DOD, current US$
in 1974
Years of data
51
1974–2024
External debt stocks, short-term in Somalia, 1974–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
The most recent figure for external debt stocks, short-term in Somalia is 752.00 million DOD, current US$, measured in 2024.
Compared with earlier readings it is up 7.4% on the previous year and down 7.0% over ten years.
Over the whole period, external debt stocks, short-term in Somalia peaked at 3.11 billion DOD, current US$ in 2019 and was at its lowest, 60,000 DOD, current US$, in 1974.
That places Somalia 65th out of 122 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, short-term in Somalia, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1974 | 60,000 DOD, current US$ | — |
| 1975 | 270,000 DOD, current US$ | +350.0% |
| 1976 | 1.07 million DOD, current US$ | +296.5% |
| 1977 | 14.22 million DOD, current US$ | +1227.7% |
| 1978 | 25.63 million DOD, current US$ | +80.3% |
| 1979 | 31.49 million DOD, current US$ | +22.9% |
| 1980 | 46.41 million DOD, current US$ | +47.4% |
| 1981 | 33.90 million DOD, current US$ | -26.9% |
| 1982 | 51.88 million DOD, current US$ | +53.0% |
| 1983 | 69.19 million DOD, current US$ | +33.4% |
| 1984 | 102.10 million DOD, current US$ | +47.6% |
| 1985 | 71.87 million DOD, current US$ | -29.6% |
| 1986 | 87.92 million DOD, current US$ | +22.3% |
| 1987 | 90.39 million DOD, current US$ | +2.8% |
| 1988 | 141.11 million DOD, current US$ | +56.1% |
| 1989 | 194.71 million DOD, current US$ | +38.0% |
| 1990 | 282.86 million DOD, current US$ | +45.3% |
| 1991 | 340.69 million DOD, current US$ | +20.4% |
| 1992 | 390.72 million DOD, current US$ | +14.7% |
| 1993 | 444.69 million DOD, current US$ | +13.8% |
| 1994 | 511.82 million DOD, current US$ | +15.1% |
| 1995 | 544.94 million DOD, current US$ | +6.5% |
| 1996 | 557.60 million DOD, current US$ | +2.3% |
| 1997 | 551.57 million DOD, current US$ | -1.1% |
| 1998 | 584.99 million DOD, current US$ | +6.1% |
| 1999 | 587.00 million DOD, current US$ | +0.3% |
| 2000 | 583.12 million DOD, current US$ | -0.7% |
| 2001 | 618.96 million DOD, current US$ | +6.1% |
| 2002 | 670.55 million DOD, current US$ | +8.3% |
| 2003 | 732.55 million DOD, current US$ | +9.2% |
| 2004 | 725.01 million DOD, current US$ | -1.0% |
| 2005 | 704.93 million DOD, current US$ | -2.8% |
| 2006 | 745.11 million DOD, current US$ | +5.7% |
| 2007 | 788.57 million DOD, current US$ | +5.8% |
| 2008 | 793.31 million DOD, current US$ | +0.6% |
| 2009 | 810.60 million DOD, current US$ | +2.2% |
| 2010 | 811.46 million DOD, current US$ | +0.1% |
| 2011 | 818.48 million DOD, current US$ | +0.9% |
| 2012 | 826.73 million DOD, current US$ | +1.0% |
| 2013 | 835.29 million DOD, current US$ | +1.0% |
| 2014 | 808.93 million DOD, current US$ | -3.2% |
| 2015 | 792.80 million DOD, current US$ | -2.0% |
| 2016 | 788.36 million DOD, current US$ | -0.6% |
| 2017 | 827.96 million DOD, current US$ | +5.0% |
| 2018 | 3.04 billion DOD, current US$ | +267.5% |
| 2019 | 3.11 billion DOD, current US$ | +2.1% |
| 2020 | 1.54 billion DOD, current US$ | -50.4% |
| 2021 | 1.18 billion DOD, current US$ | -23.4% |
| 2022 | 1.14 billion DOD, current US$ | -3.5% |
| 2023 | 700.05 million DOD, current US$ | -38.5% |
| 2024 | 752.00 million DOD, current US$ | +7.4% |
Somalia compared with similar countries
- Somalia's 752.00 million DOD, current US$ is above the median for low income countries, which is 126.47 million DOD, current US$, 5.9× the median. (23 countries reporting)
- Somalia's 752.00 million DOD, current US$ is above the median for Sub-Saharan Africa, which is 364.71 million DOD, current US$, 2.1× the median. (44 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, short-term in Somalia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1977 | +1227.7% | 1.07 million DOD, current US$ | 14.22 million DOD, current US$ |
| 1975 | +350.0% | 60,000 DOD, current US$ | 270,000 DOD, current US$ |
| 1976 | +296.5% | 270,000 DOD, current US$ | 1.07 million DOD, current US$ |
| 2018 | +267.5% | 827.96 million DOD, current US$ | 3.04 billion DOD, current US$ |
| 1978 | +80.3% | 14.22 million DOD, current US$ | 25.63 million DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.12 million DOD, current US$ | 60,000 DOD, current US$ | 31.49 million DOD, current US$ | 6 |
| 1980s | 88.95 million DOD, current US$ | 33.90 million DOD, current US$ | 194.71 million DOD, current US$ | 10 |
| 1990s | 479.69 million DOD, current US$ | 282.86 million DOD, current US$ | 587.00 million DOD, current US$ | 10 |
| 2000s | 717.27 million DOD, current US$ | 583.12 million DOD, current US$ | 810.60 million DOD, current US$ | 10 |
| 2010s | 1.27 billion DOD, current US$ | 788.36 million DOD, current US$ | 3.11 billion DOD, current US$ | 10 |
| 2020s | 1.06 billion DOD, current US$ | 700.05 million DOD, current US$ | 1.54 billion DOD, current US$ | 5 |
Countries ranked near Somalia
- 62 Serbia 1.00 billion DOD, current US$ compare
- 63 Cameroon 950.90 million DOD, current US$ compare
- 64 Tajikistan 871.15 million DOD, current US$ compare
- 66 Iraq 726.17 million DOD, current US$ compare
- 67 Congo 656.78 million DOD, current US$ compare
- 68 Bolivia 635.36 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$), annual growth rate 100 % change on previous year (2024)
Frequently asked questions
- What is external debt stocks, short-term in Somalia?
- External debt stocks, short-term in Somalia was 752.00 million DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, short-term recorded in Somalia?
- The highest recorded value was 3.11 billion DOD, current US$ in 2019.
- What is the lowest external debt stocks, short-term recorded in Somalia?
- The lowest recorded value was 60,000 DOD, current US$ in 1974.
- How does Somalia rank for external debt stocks, short-term?
- Somalia ranks 65th out of 122 countries with data for 2024.
- Is external debt stocks, short-term rising or falling in Somalia?
- Over the last ten years it is down 7.0%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks, short-term (DOD, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 51 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Data are in current U.S. dollars.