Net financial flows, multilateral in Somalia
Somalia: Net financial flows, multilateral was -1.52 million NFL, current US$ in 2024. ◆ Volatile
Net financial flows, multilateral in Somalia, 1971–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, current US$.
Analysis
In 2024, net financial flows, multilateral in Somalia stood at -1.52 million NFL, current US$.
That represents a change of up 89.9% on the previous year.
Over the whole period, net financial flows, multilateral in Somalia peaked at 119.60 million NFL, current US$ in 1981 and was at its lowest, -350.05 million NFL, current US$, in 2020.
That places Somalia 91st out of 123 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net financial flows, multilateral in Somalia, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1971 | 1.53 million NFL, current US$ | — |
| 1972 | 1.29 million NFL, current US$ | -15.7% |
| 1973 | 3.28 million NFL, current US$ | +153.5% |
| 1974 | 17.28 million NFL, current US$ | +427.1% |
| 1975 | 10.35 million NFL, current US$ | -40.1% |
| 1976 | 15.14 million NFL, current US$ | +46.3% |
| 1977 | 13.57 million NFL, current US$ | -10.4% |
| 1978 | 27.86 million NFL, current US$ | +105.2% |
| 1979 | 27.15 million NFL, current US$ | -2.5% |
| 1980 | 31.13 million NFL, current US$ | +14.6% |
| 1981 | 119.60 million NFL, current US$ | +284.2% |
| 1982 | 50.61 million NFL, current US$ | -57.7% |
| 1983 | 35.62 million NFL, current US$ | -29.6% |
| 1984 | 39.38 million NFL, current US$ | +10.6% |
| 1985 | 61.07 million NFL, current US$ | +55.1% |
| 1986 | 58.45 million NFL, current US$ | -4.3% |
| 1987 | 57.07 million NFL, current US$ | -2.4% |
| 1988 | 34.82 million NFL, current US$ | -39.0% |
| 1989 | 64.41 million NFL, current US$ | +85.0% |
| 1990 | 43.08 million NFL, current US$ | -33.1% |
| 1991 | 12.47 million NFL, current US$ | -71.0% |
| 1992 | 81,000 NFL, current US$ | -99.4% |
| 1996 | 1,000 NFL, current US$ | -98.8% |
| 1999 | 0 NFL, current US$ | -100.0% |
| 2000 | 0 NFL, current US$ | — |
| 2001 | 0 NFL, current US$ | — |
| 2002 | 0 NFL, current US$ | — |
| 2003 | 0 NFL, current US$ | — |
| 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$ | — |
| 2014 | 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$ | — |
| 2020 | -350.05 million NFL, current US$ | — |
| 2021 | -15.41 million NFL, current US$ | -95.6% |
| 2022 | -14.37 million NFL, current US$ | -6.8% |
| 2023 | -15.04 million NFL, current US$ | +4.6% |
| 2024 | -1.52 million NFL, current US$ | -89.9% |
Somalia compared with similar countries
- Somalia's -1.52 million NFL, current US$ is below the median for low income countries, which is 19.84 million NFL, current US$. (23 countries reporting)
- Somalia's -1.52 million NFL, current US$ is below the median for Sub-Saharan Africa, which is 201.06 million NFL, current US$. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.05 million NFL, current US$ | 1.29 million NFL, current US$ | 27.86 million NFL, current US$ | 9 |
| 1980s | 55.22 million NFL, current US$ | 31.13 million NFL, current US$ | 119.60 million NFL, current US$ | 10 |
| 1990s | 11.13 million NFL, current US$ | 0 NFL, current US$ | 43.08 million NFL, current US$ | 5 |
| 2000s | 0 NFL, current US$ | 0 NFL, current US$ | 0 NFL, current US$ | 10 |
| 2010s | 0 NFL, current US$ | 0 NFL, current US$ | 0 NFL, current US$ | 9 |
| 2020s | -79.28 million NFL, current US$ | -350.05 million NFL, current US$ | -1.52 million NFL, current US$ | 5 |
Countries ranked near Somalia
- 88 Vanuatu 2.17 million NFL, current US$ compare
- 89 Syria 0 NFL, current US$ compare
- 90 Sao Tome and Principe -1.49 million NFL, current US$ compare
- 92 Tonga -2.12 million NFL, current US$ compare
- 93 Saint Kitts and Nevis -2.25 million NFL, current US$ compare
- 94 Eritrea -2.83 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$), annual growth rate 100 % change on previous year (2024)
Frequently asked questions
- What is net financial flows, multilateral in Somalia?
- Net financial flows, multilateral in Somalia was -1.52 million NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest net financial flows, multilateral recorded in Somalia?
- The highest recorded value was 119.60 million NFL, current US$ in 1981.
- What is the lowest net financial flows, multilateral recorded in Somalia?
- The lowest recorded value was -350.05 million NFL, current US$ in 2020.
- How does Somalia rank for net financial flows, multilateral?
- Somalia ranks 91st 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, multilateral (NFL, 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. 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.