Net financial flows, IMF nonconcessional in Somalia
Somalia: Net financial flows, IMF nonconcessional was 19.91 million NFL, current US$ in 2024. ◆ Volatile
Net financial flows, IMF nonconcessional in Somalia, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
The most recent figure for net financial flows, imf nonconcessional in Somalia is 19.91 million NFL, current US$, measured in 2024.
Compared with earlier readings it is down 66.1% on the previous year and up 4,131.9% over ten years.
Over the whole period, net financial flows, imf nonconcessional in Somalia peaked at 203.22 million NFL, current US$ in 2020 and was at its lowest, -15.06 million NFL, current US$, in 1986.
That places Somalia 32nd out of 111 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net financial flows, IMF nonconcessional in Somalia, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1970 | -1.90 million NFL, current US$ | — |
| 1971 | -50,151 NFL, current US$ | -97.4% |
| 1972 | -54,285 NFL, current US$ | +8.2% |
| 1973 | -59,621 NFL, current US$ | +9.8% |
| 1974 | -60,134 NFL, current US$ | +0.9% |
| 1975 | -1.04 million NFL, current US$ | +1637.0% |
| 1977 | 4.94 million NFL, current US$ | -572.8% |
| 1980 | 18.12 million NFL, current US$ | +267.0% |
| 1981 | 30.57 million NFL, current US$ | +68.7% |
| 1982 | 30.36 million NFL, current US$ | -0.7% |
| 1983 | 48.10 million NFL, current US$ | +58.5% |
| 1984 | -2.90 million NFL, current US$ | -106.0% |
| 1985 | 26.20 million NFL, current US$ | -1003.4% |
| 1986 | -15.06 million NFL, current US$ | -157.5% |
| 1987 | -4.74 million NFL, current US$ | -68.5% |
| 1988 | -914,078 NFL, current US$ | -80.7% |
| 1989 | -11.42 million NFL, current US$ | +1149.7% |
| 1990 | -2.83 million NFL, current US$ | -75.2% |
| 2012 | -199,122 NFL, current US$ | -93.0% |
| 2013 | -493,905 NFL, current US$ | +148.0% |
| 2020 | 203.22 million NFL, current US$ | -41246.0% |
| 2022 | 28.10 million NFL, current US$ | -86.2% |
| 2023 | 58.70 million NFL, current US$ | +108.9% |
| 2024 | 19.91 million NFL, current US$ | -66.1% |
Somalia compared with similar countries
- Somalia's 19.91 million NFL, current US$ is above the median for Sub-Saharan Africa, which is 10.70 million NFL, current US$, 1.9× the median. (42 countries reporting)
Biggest year-on-year movements
Years where Net financial flows, IMF nonconcessional in Somalia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +41246.0% | -493,905 NFL, current US$ | 203.22 million NFL, current US$ |
| 1975 | -1637.0% | -60,134 NFL, current US$ | -1.04 million NFL, current US$ |
| 1989 | -1149.7% | -914,078 NFL, current US$ | -11.42 million NFL, current US$ |
| 1985 | +1003.4% | -2.90 million NFL, current US$ | 26.20 million NFL, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 252,877 NFL, current US$ | -1.90 million NFL, current US$ | 4.94 million NFL, current US$ | 7 |
| 1980s | 11.83 million NFL, current US$ | -15.06 million NFL, current US$ | 48.10 million NFL, current US$ | 10 |
| 1990s | -2.83 million NFL, current US$ | -2.83 million NFL, current US$ | -2.83 million NFL, current US$ | 1 |
| 2010s | -346,514 NFL, current US$ | -493,905 NFL, current US$ | -199,122 NFL, current US$ | 2 |
| 2020s | 77.48 million NFL, current US$ | 19.91 million NFL, current US$ | 203.22 million NFL, current US$ | 4 |
Countries ranked near Somalia
- 29 Nepal 32.22 million NFL, current US$ compare
- 30 Gambia 27.86 million NFL, current US$ compare
- 31 Guinea 21.23 million NFL, current US$ compare
- 33 Cape Verde 18.94 million NFL, current US$ compare
- 34 Guinea-Bissau 17.15 million NFL, current US$ compare
- 35 Honduras 10.63 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$), annual growth rate 100 % change on previous year (2024)
Frequently asked questions
- What is net financial flows, imf nonconcessional in Somalia?
- Net financial flows, imf nonconcessional in Somalia was 19.91 million NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest net financial flows, imf nonconcessional recorded in Somalia?
- The highest recorded value was 203.22 million NFL, current US$ in 2020.
- What is the lowest net financial flows, imf nonconcessional recorded in Somalia?
- The lowest recorded value was -15.06 million NFL, current US$ in 1986.
- How does Somalia rank for net financial flows, imf nonconcessional?
- Somalia ranks 32nd out of 111 countries with data for 2024.
- Is net financial flows, imf nonconcessional rising or falling in Somalia?
- Over the last ten years it is up 4,131.9%. 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 Net financial flows, IMF nonconcessional (NFL, current US$). Statizoid updates them automatically from the source API.
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About this data
Net financial flows received by the borrower during the year are disbursements of loans and credits less repayments of principal. IMF is the International Monetary Fund, which provides nonconcessional lending through the credit it provides to its members, mainly to meet balance of payments needs. Data are in current U.S. dollars.