Net financial flows, bilateral in Somalia
Somalia: Net financial flows, bilateral was -2.23 million NFL, current US$ in 2024. ◆ Volatile
Net financial flows, bilateral in Somalia, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
Somalia recorded -2.23 million NFL, current US$ for net financial flows, bilateral in 2024. That is the lowest value across all 41 years on record.
Over the whole period, net financial flows, bilateral in Somalia peaked at 162.60 million NFL, current US$ in 1981 and was at its lowest, -2.23 million NFL, current US$, in 2024.
That places Somalia 63rd out of 123 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net financial flows, bilateral in Somalia, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1970 | 4.09 million NFL, current US$ | — |
| 1971 | 3.59 million NFL, current US$ | -12.1% |
| 1972 | 11.79 million NFL, current US$ | +228.1% |
| 1973 | 8.36 million NFL, current US$ | -29.1% |
| 1974 | 15.06 million NFL, current US$ | +80.2% |
| 1975 | 24.66 million NFL, current US$ | +63.7% |
| 1976 | 40.59 million NFL, current US$ | +64.6% |
| 1977 | 41.12 million NFL, current US$ | +1.3% |
| 1978 | 44.85 million NFL, current US$ | +9.1% |
| 1979 | 60.72 million NFL, current US$ | +35.4% |
| 1980 | 38.71 million NFL, current US$ | -36.3% |
| 1981 | 162.60 million NFL, current US$ | +320.1% |
| 1982 | 122.29 million NFL, current US$ | -24.8% |
| 1983 | 117.62 million NFL, current US$ | -3.8% |
| 1984 | 100.23 million NFL, current US$ | -14.8% |
| 1985 | 45.48 million NFL, current US$ | -54.6% |
| 1986 | 43.08 million NFL, current US$ | -5.3% |
| 1987 | 15.88 million NFL, current US$ | -63.1% |
| 1988 | 24.32 million NFL, current US$ | +53.2% |
| 1989 | -299,293 NFL, current US$ | -101.2% |
| 1990 | 7.53 million NFL, current US$ | -2617.6% |
| 1999 | 0 NFL, current US$ | -100.0% |
| 2000 | 0 NFL, current US$ | — |
| 2001 | 0 NFL, current US$ | — |
| 2002 | 5.25 million NFL, current US$ | — |
| 2003 | 0 NFL, current US$ | -100.0% |
| 2004 | 0 NFL, current US$ | — |
| 2005 | 0 NFL, current US$ | — |
| 2006 | 0 NFL, current US$ | — |
| 2007 | 0 NFL, current US$ | — |
| 2008 | 0 NFL, current US$ | — |
| 2009 | 0 NFL, current US$ | — |
| 2010 | 0 NFL, current US$ | — |
| 2011 | 0 NFL, current US$ | — |
| 2013 | 0 NFL, current US$ | — |
| 2015 | 0 NFL, current US$ | — |
| 2016 | 0 NFL, current US$ | — |
| 2017 | 0 NFL, current US$ | — |
| 2018 | 0 NFL, current US$ | — |
| 2019 | 0 NFL, current US$ | — |
| 2024 | -2.23 million NFL, current US$ | — |
Somalia compared with similar countries
- Somalia's -2.23 million NFL, current US$ is below the median for low income countries, which is -1.96 million NFL, current US$, 1.1× the median. (23 countries reporting)
- Somalia's -2.23 million NFL, current US$ is above the median for Sub-Saharan Africa, which is -2.42 million NFL, current US$, 92% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where Net financial flows, bilateral in Somalia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1990 | +2617.6% | -299,293 NFL, current US$ | 7.53 million NFL, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 25.48 million NFL, current US$ | 3.59 million NFL, current US$ | 60.72 million NFL, current US$ | 10 |
| 1980s | 66.99 million NFL, current US$ | -299,293 NFL, current US$ | 162.60 million NFL, current US$ | 10 |
| 1990s | 3.77 million NFL, current US$ | 0 NFL, current US$ | 7.53 million NFL, current US$ | 2 |
| 2000s | 525,000 NFL, current US$ | 0 NFL, current US$ | 5.25 million NFL, current US$ | 10 |
| 2010s | 0 NFL, current US$ | 0 NFL, current US$ | 0 NFL, current US$ | 8 |
| 2020s | -2.23 million NFL, current US$ | -2.23 million NFL, current US$ | -2.23 million NFL, current US$ | 1 |
Countries ranked near Somalia
- 60 Mauritius -1.80 million NFL, current US$ compare
- 61 Liberia -1.96 million NFL, current US$ compare
- 62 Botswana -2.20 million NFL, current US$ compare
- 64 Guinea-Bissau -2.61 million NFL, current US$ compare
- 65 Central African Republic -2.92 million NFL, current US$ compare
- 66 Gabon -4.42 million NFL, 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$), annual growth rate 100 % change on previous year (2024)
Frequently asked questions
- What is net financial flows, bilateral in Somalia?
- Net financial flows, bilateral in Somalia was -2.23 million NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest net financial flows, bilateral recorded in Somalia?
- The highest recorded value was 162.60 million NFL, current US$ in 1981.
- What is the lowest net financial flows, bilateral recorded in Somalia?
- The lowest recorded value was -2.23 million NFL, current US$ in 2024.
- How does Somalia rank for net financial flows, bilateral?
- Somalia ranks 63rd 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 Net financial flows, bilateral (NFL, current US$). Statizoid updates them automatically from the source API.
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About this data
Bilateral debt includes loans from governments and their agencies (including central banks), loans from autonomous bodies, and direct loans from official export credit agencies. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.