Interest payments, Long-term debt including IMF credit in Somalia
Somalia: Interest payments, Long-term debt including IMF credit was 78,000 current US$ in 2011. ◆ Volatile
Interest payments, Long-term debt including IMF credit in Somalia, 1970–2011
Source: World Bank, Global Development Finance. Measured in current US$.
Analysis
In 2011, interest payments, long-term debt including imf credit in Somalia stood at 78,000 current US$.
The figure is down 65.9% on the previous year and down 85.8% over ten years.
Over the whole period, interest payments, long-term debt including imf credit in Somalia peaked at 22.35 million current US$ in 1986 and was at its lowest, 0 current US$, in 1970.
Somalia ranks 50th of 50 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments, Long-term debt including IMF credit in Somalia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 0 current US$ | — |
| 1971 | 560,000 current US$ | — |
| 1972 | 766,000 current US$ | +36.8% |
| 1973 | 850,000 current US$ | +11.0% |
| 1974 | 1.12 million current US$ | +31.9% |
| 1975 | 1.28 million current US$ | +13.8% |
| 1976 | 821,000 current US$ | -35.7% |
| 1977 | 1.18 million current US$ | +43.8% |
| 1978 | 1.26 million current US$ | +6.9% |
| 1979 | 982,000 current US$ | -22.2% |
| 1980 | 2.17 million current US$ | +120.9% |
| 1981 | 3.82 million current US$ | +76.0% |
| 1982 | 9.87 million current US$ | +158.6% |
| 1983 | 16.42 million current US$ | +66.4% |
| 1984 | 12.67 million current US$ | -22.9% |
| 1985 | 8.32 million current US$ | -34.3% |
| 1986 | 22.35 million current US$ | +168.6% |
| 1987 | 9.28 million current US$ | -58.5% |
| 1988 | 2.84 million current US$ | -69.4% |
| 1989 | 13.44 million current US$ | +373.5% |
| 1990 | 4.87 million current US$ | -63.8% |
| 1991 | 41,000 current US$ | -99.2% |
| 1992 | 245,000 current US$ | +497.6% |
| 1993 | 334,000 current US$ | +36.3% |
| 1994 | 42,000 current US$ | -87.4% |
| 1995 | 727,000 current US$ | +1631.0% |
| 1996 | 3.36 million current US$ | +362.0% |
| 1997 | 43,000 current US$ | -98.7% |
| 1998 | 187,000 current US$ | +334.9% |
| 1999 | 1.70 million current US$ | +810.7% |
| 2000 | 809,000 current US$ | -52.5% |
| 2001 | 551,000 current US$ | -31.9% |
| 2002 | 524,000 current US$ | -4.9% |
| 2003 | 301,000 current US$ | -42.6% |
| 2004 | 451,000 current US$ | +49.8% |
| 2005 | 722,000 current US$ | +60.1% |
| 2006 | 858,000 current US$ | +18.8% |
| 2007 | 740,000 current US$ | -13.8% |
| 2008 | 1.83 million current US$ | +147.3% |
| 2009 | 168,000 current US$ | -90.8% |
| 2010 | 229,000 current US$ | +36.3% |
| 2011 | 78,000 current US$ | -65.9% |
Somalia compared with similar countries
- Somalia's 78,000 current US$ is below the median for low income countries, which is 9.16 million current US$, 1% of the median. (20 countries reporting)
- Somalia's 78,000 current US$ is below the median for Sub-Saharan Africa, which is 20.75 million current US$, 0% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Interest payments, Long-term debt including IMF credit in Somalia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1995 | +1631.0% | 42,000 current US$ | 727,000 current US$ |
| 1999 | +810.7% | 187,000 current US$ | 1.70 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 881,900 current US$ | 0 current US$ | 1.28 million current US$ | 10 |
| 1980s | 10.12 million current US$ | 2.17 million current US$ | 22.35 million current US$ | 10 |
| 1990s | 1.16 million current US$ | 41,000 current US$ | 4.87 million current US$ | 10 |
| 2000s | 695,400 current US$ | 168,000 current US$ | 1.83 million current US$ | 10 |
| 2010s | 153,500 current US$ | 78,000 current US$ | 229,000 current US$ | 2 |
Countries ranked near Somalia
- 47 Guinea-Bissau 557,000 current US$ compare
- 48 Sao Tome and Principe 357,000 current US$ compare
- 49 Central African Republic 320,000 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$), annual growth rate 100 % change on previous year (2024)
Frequently asked questions
- What is interest payments, long-term debt including imf credit in Somalia?
- Interest payments, long-term debt including imf credit in Somalia was 78,000 current US$ in 2011, according to World Bank, Global Development Finance.
- What is the highest interest payments, long-term debt including imf credit recorded in Somalia?
- The highest recorded value was 22.35 million current US$ in 1986.
- What is the lowest interest payments, long-term debt including imf credit recorded in Somalia?
- The lowest recorded value was 0 current US$ in 1970.
- How does Somalia rank for interest payments, long-term debt including imf credit?
- Somalia ranks 50th out of 50 countries with data for 2011.
- Is interest payments, long-term debt including imf credit rising or falling in Somalia?
- Over the last ten years it is down 85.8%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from World Bank, Global Development Finance, published as part of Interest payments, Long-term debt including IMF credit (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 42 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest payments on long-term debt are actual amounts of interest paid in currency, goods, or services in the year specified. Long-term external debt is defined as debt that has an original or extended maturity of more than one year and that is owed to nonresidents and repayable in currency, goods, or services. IMF charges cover interest payments with respect to all uses of IMF resources, excluding those resulting from drawings in the reserve tranche.