Multilateral debt service in Somalia
Somalia: Multilateral debt service was 1.66 million TDS, current US$ in 2024. ◆ Volatile
Multilateral debt service in Somalia, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in TDS, current US$.
Analysis
In 2024, multilateral debt service in Somalia stood at 1.66 million TDS, current US$.
That represents a change of down 89.6% on the previous year.
Over the whole period, multilateral debt service in Somalia peaked at 480.86 million TDS, current US$ in 2020 and was at its lowest, 0 TDS, current US$, in 1999.
Somalia ranks 122nd of 123 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Multilateral debt service in Somalia, year by year
| Year | TDS, current US$ | Change |
|---|---|---|
| 1970 | 38,000 TDS, current US$ | — |
| 1971 | 63,000 TDS, current US$ | +65.8% |
| 1972 | 229,033 TDS, current US$ | +263.5% |
| 1973 | 178,388 TDS, current US$ | -22.1% |
| 1974 | 204,093 TDS, current US$ | +14.4% |
| 1975 | 434,461 TDS, current US$ | +112.9% |
| 1976 | 318,446 TDS, current US$ | -26.7% |
| 1977 | 567,279 TDS, current US$ | +78.1% |
| 1978 | 884,095 TDS, current US$ | +55.8% |
| 1979 | 678,007 TDS, current US$ | -23.3% |
| 1980 | 5.67 million TDS, current US$ | +736.9% |
| 1981 | 12.92 million TDS, current US$ | +127.7% |
| 1982 | 6.88 million TDS, current US$ | -46.8% |
| 1983 | 9.75 million TDS, current US$ | +41.8% |
| 1984 | 4.49 million TDS, current US$ | -53.9% |
| 1985 | 2.72 million TDS, current US$ | -39.5% |
| 1986 | 4.47 million TDS, current US$ | +64.3% |
| 1987 | 5.28 million TDS, current US$ | +18.2% |
| 1988 | 3.89 million TDS, current US$ | -26.4% |
| 1989 | 8.14 million TDS, current US$ | +109.3% |
| 1990 | 6.72 million TDS, current US$ | -17.5% |
| 1991 | 41,056 TDS, current US$ | -99.4% |
| 1996 | 2.79 million TDS, current US$ | +6689.3% |
| 1999 | 0 TDS, current US$ | -100.0% |
| 2000 | 0 TDS, current US$ | — |
| 2001 | 0 TDS, current US$ | — |
| 2002 | 0 TDS, current US$ | — |
| 2003 | 0 TDS, current US$ | — |
| 2004 | 0 TDS, current US$ | — |
| 2005 | 0 TDS, current US$ | — |
| 2006 | 0 TDS, current US$ | — |
| 2007 | 0 TDS, current US$ | — |
| 2008 | 0 TDS, current US$ | — |
| 2009 | 0 TDS, current US$ | — |
| 2010 | 0 TDS, current US$ | — |
| 2013 | 0 TDS, current US$ | — |
| 2014 | 0 TDS, current US$ | — |
| 2015 | 0 TDS, current US$ | — |
| 2016 | 0 TDS, current US$ | — |
| 2017 | 0 TDS, current US$ | — |
| 2018 | 0 TDS, current US$ | — |
| 2019 | 0 TDS, current US$ | — |
| 2020 | 480.86 million TDS, current US$ | — |
| 2021 | 16.64 million TDS, current US$ | -96.5% |
| 2022 | 15.37 million TDS, current US$ | -7.6% |
| 2023 | 16.02 million TDS, current US$ | +4.2% |
| 2024 | 1.66 million TDS, current US$ | -89.6% |
Somalia compared with similar countries
- Somalia's 1.66 million TDS, current US$ is below the median for low income countries, which is 78.84 million TDS, current US$, 2% of the median. (23 countries reporting)
- Somalia's 1.66 million TDS, current US$ is below the median for Sub-Saharan Africa, which is 128.14 million TDS, current US$, 1% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where Multilateral debt service in Somalia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1996 | +6689.3% | 41,056 TDS, current US$ | 2.79 million TDS, current US$ |
| 1980 | +736.9% | 678,007 TDS, current US$ | 5.67 million TDS, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 359,480 TDS, current US$ | 38,000 TDS, current US$ | 884,095 TDS, current US$ | 10 |
| 1980s | 6.42 million TDS, current US$ | 2.72 million TDS, current US$ | 12.92 million TDS, current US$ | 10 |
| 1990s | 2.39 million TDS, current US$ | 0 TDS, current US$ | 6.72 million TDS, current US$ | 4 |
| 2000s | 0 TDS, current US$ | 0 TDS, current US$ | 0 TDS, current US$ | 10 |
| 2010s | 0 TDS, current US$ | 0 TDS, current US$ | 0 TDS, current US$ | 8 |
| 2020s | 106.11 million TDS, current US$ | 1.66 million TDS, current US$ | 480.86 million TDS, current US$ | 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$), annual growth rate 100 % change on previous year (2024)
Frequently asked questions
- What is multilateral debt service in Somalia?
- Multilateral debt service in Somalia was 1.66 million TDS, current US$ 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 480.86 million TDS, current US$ in 2020.
- What is the lowest multilateral debt service recorded in Somalia?
- The lowest recorded value was 0 TDS, current US$ in 1999.
- How does Somalia rank for multilateral debt service?
- Somalia ranks 122nd 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 (TDS, current US$). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed multilateral loans include loans and credits from the World Bank, regional development banks, and other multilateral and intergovernmental agencies. Excluded are loans from funds administered by an international organization on behalf of a single donor government; these are classified as loans from governments. Debt service payments are the sum of principal repayments and interest payments actually made in the year specified. Data are in current U.S. dollars.