Multilateral debt service in Somalia
Somalia: Multilateral debt service was 30.8% in 2024. ◆ Volatile
Multilateral debt service in Somalia, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of public and publicly guaranteed debt service.
Analysis
The most recent figure for multilateral debt service in Somalia is 30.8%, measured in 2024.
The figure is down 69.2% on the previous year and down 69.2% over five years.
Over the whole period, multilateral debt service in Somalia peaked at 100.0% in 1990 and was at its lowest, 4.4%, in 1970.
That places Somalia 74th out of 123 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.
Multilateral debt service in Somalia, year by year
| Year | % of public and publicly guaranteed debt service | Change |
|---|---|---|
| 1970 | 4.4% | — |
| 1971 | 5.5% | +24.9% |
| 1972 | 11.9% | +117.5% |
| 1973 | 6.9% | -42.3% |
| 1974 | 6.7% | -2.8% |
| 1975 | 12.6% | +88.9% |
| 1976 | 12.8% | +1.8% |
| 1977 | 17.3% | +34.6% |
| 1978 | 21.3% | +23.3% |
| 1979 | 16.9% | -20.7% |
| 1980 | 63.3% | +274.7% |
| 1981 | 28.1% | -55.6% |
| 1982 | 61.2% | +117.5% |
| 1983 | 57.7% | -5.7% |
| 1984 | 54.2% | -6.0% |
| 1985 | 54.3% | +0.1% |
| 1986 | 65.6% | +20.9% |
| 1987 | 68.9% | +5.1% |
| 1988 | 98.2% | +42.5% |
| 1989 | 47.2% | -51.9% |
| 1990 | 100.0% | +111.7% |
| 1991 | 100.0% | +0.0% |
| 1996 | 100.0% | +0.0% |
| 2020 | 100.0% | +0.0% |
| 2021 | 100.0% | +0.0% |
| 2022 | 100.0% | +0.0% |
| 2023 | 100.0% | +0.0% |
| 2024 | 30.8% | -69.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 11.6% | 4.4% | 21.3% | 10 |
| 1980s | 59.9% | 28.1% | 98.2% | 10 |
| 1990s | 100.0% | 100.0% | 100.0% | 3 |
| 2020s | 86.2% | 30.8% | 100.0% | 5 |
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 multilateral debt service in Somalia?
- Multilateral debt service in Somalia was 30.8% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest multilateral debt service recorded in Somalia?
- The highest recorded value was 100.0% in 1990.
- What is the lowest multilateral debt service recorded in Somalia?
- The lowest recorded value was 4.4% in 1970.
- How does Somalia rank for multilateral debt service?
- Somalia ranks 74th out of 123 countries with data for 2024.
- Where does this Somalia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Multilateral debt service (% of public and publicly guaranteed debt service). Statizoid updates them automatically from the source API.
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About this data
Multilateral debt service is the repayment of principal and interest to the World Bank, regional development banks, and other multilateral agencies. public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity.