Net financial flows, RDB concessional in Somalia
Somalia: Net financial flows, RDB concessional was -1.02 million NFL, current US$ in 2024. ◆ Volatile
Net financial flows, RDB concessional in Somalia, 1976–2024
Source: International Debt Statistics, World Bank (WB), note: https://www.worldbank.org/en/programs/debt-statistics. Measured in NFL, current US$.
Analysis
The most recent figure for net financial flows, rdb concessional in Somalia is -1.02 million NFL, current US$, measured in 2024.
The figure is up 69.0% on the previous year.
Over the whole period, net financial flows, rdb concessional in Somalia peaked at 12.77 million NFL, current US$ in 1989 and was at its lowest, -66.81 million NFL, current US$, in 2020.
That places Somalia 49th out of 94 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net financial flows, RDB concessional in Somalia, year by year
| Year | NFL, current US$ | Change |
|---|---|---|
| 1976 | 1.96 million NFL, current US$ | — |
| 1977 | 1.33 million NFL, current US$ | -32.2% |
| 1978 | 1.52 million NFL, current US$ | +14.5% |
| 1979 | 1.16 million NFL, current US$ | -23.8% |
| 1980 | 1.13 million NFL, current US$ | -2.7% |
| 1981 | 331,438 NFL, current US$ | -70.6% |
| 1982 | 4.09 million NFL, current US$ | +1133.3% |
| 1983 | 7.18 million NFL, current US$ | +75.7% |
| 1984 | 3.37 million NFL, current US$ | -53.0% |
| 1985 | 11.65 million NFL, current US$ | +245.2% |
| 1986 | 8.67 million NFL, current US$ | -25.5% |
| 1987 | 12.17 million NFL, current US$ | +40.3% |
| 1988 | 3.65 million NFL, current US$ | -70.0% |
| 1989 | 12.77 million NFL, current US$ | +250.3% |
| 1990 | 11.15 million NFL, current US$ | -12.7% |
| 1991 | 12.02 million NFL, current US$ | +7.8% |
| 1992 | 57,086 NFL, current US$ | -99.5% |
| 1996 | 1,452 NFL, current US$ | -97.5% |
| 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$ | — |
| 2014 | 0 NFL, current US$ | — |
| 2015 | 0 NFL, current US$ | — |
| 2017 | 0 NFL, current US$ | — |
| 2018 | 0 NFL, current US$ | — |
| 2019 | 0 NFL, current US$ | — |
| 2020 | -66.81 million NFL, current US$ | — |
| 2021 | -2.38 million NFL, current US$ | -96.4% |
| 2022 | -2.21 million NFL, current US$ | -7.0% |
| 2023 | -3.28 million NFL, current US$ | +48.3% |
| 2024 | -1.02 million NFL, current US$ | -69.0% |
Somalia compared with similar countries
- Somalia's -1.02 million NFL, current US$ is below the median for low income countries, which is -724,852 NFL, current US$, 1.4× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Net financial flows, RDB concessional in Somalia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1982 | +1133.3% | 331,438 NFL, current US$ | 4.09 million NFL, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.49 million NFL, current US$ | 1.16 million NFL, current US$ | 1.96 million NFL, current US$ | 4 |
| 1980s | 6.50 million NFL, current US$ | 331,438 NFL, current US$ | 12.77 million NFL, current US$ | 10 |
| 1990s | 4.64 million NFL, current US$ | 0 NFL, current US$ | 12.02 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$ | 6 |
| 2020s | -15.14 million NFL, current US$ | -66.81 million NFL, current US$ | -1.02 million NFL, current US$ | 5 |
Countries ranked near Somalia
- 46 Sao Tome and Principe -614,664 NFL, current US$ compare
- 47 Eritrea -724,852 NFL, current US$ compare
- 48 Burundi -754,058 NFL, current US$ compare
- 50 Brazil -1.23 million NFL, current US$ compare
- 51 Malawi -1.29 million NFL, current US$ compare
- 52 Sierra Leone -1.34 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$), annual growth rate 100 % change on previous year (2024)
Frequently asked questions
- What is net financial flows, rdb concessional in Somalia?
- Net financial flows, rdb concessional in Somalia was -1.02 million NFL, current US$ in 2024, according to International Debt Statistics, World Bank (WB), note: https://www.worldbank.org/en/programs/debt-statistics.
- What is the highest net financial flows, rdb concessional recorded in Somalia?
- The highest recorded value was 12.77 million NFL, current US$ in 1989.
- What is the lowest net financial flows, rdb concessional recorded in Somalia?
- The lowest recorded value was -66.81 million NFL, current US$ in 2020.
- How does Somalia rank for net financial flows, rdb concessional?
- Somalia ranks 49th out of 94 countries with data for 2024.
- Where does this Somalia data come from?
- The figures come from International Debt Statistics, World Bank (WB), note: https://www.worldbank.org/en/programs/debt-statistics, published as part of Net financial flows, RDB concessional (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. Concessional financial flows cover disbursements made through concessional lending facilities. Regional development banks are the African Development Bank, in Tunis, Tunisia, which serves all of Africa, including North Africa; the Asian Development Bank, in Manila, Philippines, which serves South and Central Asia and East Asia and Pacific; the European Bank for Reconstruction and Development, in London, United Kingdom, which serves Europe and Central Asia; and the Inter-American Development Bank, in Washington, D.C., which serves the Americas. Aggregates include amounts for economies not specified elsewhere. Data are in current U.S. dollars.