PPG, official creditors in Somalia
Somalia: PPG, official creditors was -3.75 million NFL, US$ in 2024. ◆ Volatile
PPG, official creditors in Somalia, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in NFL, US$.
Analysis
In 2024, ppg, official creditors in Somalia stood at -3.75 million NFL, US$.
The figure is up 75.1% on the previous year.
Over the whole period, ppg, official creditors in Somalia peaked at 282.20 million NFL, US$ in 1981 and was at its lowest, -350.05 million NFL, US$, in 2020.
Somalia ranks 88th of 123 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
PPG, official creditors in Somalia, year by year
| Year | NFL, US$ | Change |
|---|---|---|
| 1970 | 4.09 million NFL, US$ | — |
| 1971 | 5.13 million NFL, US$ | +25.4% |
| 1972 | 13.08 million NFL, US$ | +155.2% |
| 1973 | 11.64 million NFL, US$ | -11.1% |
| 1974 | 32.34 million NFL, US$ | +177.9% |
| 1975 | 35.01 million NFL, US$ | +8.3% |
| 1976 | 55.73 million NFL, US$ | +59.2% |
| 1977 | 54.69 million NFL, US$ | -1.9% |
| 1978 | 72.71 million NFL, US$ | +32.9% |
| 1979 | 87.88 million NFL, US$ | +20.9% |
| 1980 | 69.83 million NFL, US$ | -20.5% |
| 1981 | 282.20 million NFL, US$ | +304.1% |
| 1982 | 172.90 million NFL, US$ | -38.7% |
| 1983 | 153.24 million NFL, US$ | -11.4% |
| 1984 | 139.61 million NFL, US$ | -8.9% |
| 1985 | 106.56 million NFL, US$ | -23.7% |
| 1986 | 101.53 million NFL, US$ | -4.7% |
| 1987 | 72.95 million NFL, US$ | -28.2% |
| 1988 | 59.13 million NFL, US$ | -18.9% |
| 1989 | 64.11 million NFL, US$ | +8.4% |
| 1990 | 50.61 million NFL, US$ | -21.0% |
| 1991 | 12.47 million NFL, US$ | -75.4% |
| 1992 | 81,086 NFL, US$ | -99.4% |
| 1996 | 1,452 NFL, US$ | -98.2% |
| 1999 | 0 NFL, US$ | -100.0% |
| 2000 | 0 NFL, US$ | — |
| 2001 | 0 NFL, US$ | — |
| 2002 | 5.25 million NFL, US$ | — |
| 2003 | 0 NFL, US$ | -100.0% |
| 2004 | 0 NFL, US$ | — |
| 2005 | 0 NFL, US$ | — |
| 2006 | 0 NFL, US$ | — |
| 2007 | 0 NFL, US$ | — |
| 2008 | 0 NFL, US$ | — |
| 2009 | 0 NFL, US$ | — |
| 2010 | 0 NFL, US$ | — |
| 2011 | 0 NFL, US$ | — |
| 2013 | 0 NFL, US$ | — |
| 2014 | 0 NFL, US$ | — |
| 2015 | 0 NFL, US$ | — |
| 2016 | 0 NFL, US$ | — |
| 2017 | 0 NFL, US$ | — |
| 2018 | 0 NFL, US$ | — |
| 2019 | 0 NFL, US$ | — |
| 2020 | -350.05 million NFL, US$ | — |
| 2021 | -15.41 million NFL, US$ | -95.6% |
| 2022 | -14.37 million NFL, US$ | -6.8% |
| 2023 | -15.04 million NFL, US$ | +4.6% |
| 2024 | -3.75 million NFL, US$ | -75.1% |
Somalia compared with similar countries
- Somalia's -3.75 million NFL, US$ is below the median for low income countries, which is 30.98 million NFL, US$. (23 countries reporting)
- Somalia's -3.75 million NFL, US$ is below the median for Sub-Saharan Africa, which is 203.60 million NFL, US$. (44 countries reporting)
Biggest year-on-year movements
Years where PPG, official creditors in Somalia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1981 | +304.1% | 69.83 million NFL, US$ | 282.20 million NFL, US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 37.23 million NFL, US$ | 4.09 million NFL, US$ | 87.88 million NFL, US$ | 10 |
| 1980s | 122.21 million NFL, US$ | 59.13 million NFL, US$ | 282.20 million NFL, US$ | 10 |
| 1990s | 12.63 million NFL, US$ | 0 NFL, US$ | 50.61 million NFL, US$ | 5 |
| 2000s | 525,000 NFL, US$ | 0 NFL, US$ | 5.25 million NFL, US$ | 10 |
| 2010s | 0 NFL, US$ | 0 NFL, US$ | 0 NFL, US$ | 9 |
| 2020s | -79.73 million NFL, US$ | -350.05 million NFL, US$ | -3.75 million NFL, US$ | 5 |
Countries ranked near Somalia
- 85 Vanuatu 6.06 million NFL, US$ compare
- 86 East Timor 4.15 million NFL, US$ compare
- 87 Syria 0 NFL, US$ compare
- 89 Saint Kitts and Nevis -8.82 million NFL, US$ compare
- 90 Dominica -9.21 million NFL, US$ compare
- 91 Central African Republic -9.27 million NFL, 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$), annual growth rate 100 % change on previous year (2024)
Frequently asked questions
- What is ppg, official creditors in Somalia?
- Ppg, official creditors in Somalia was -3.75 million NFL, US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest ppg, official creditors recorded in Somalia?
- The highest recorded value was 282.20 million NFL, US$ in 1981.
- What is the lowest ppg, official creditors recorded in Somalia?
- The lowest recorded value was -350.05 million NFL, US$ in 2020.
- How does Somalia rank for ppg, official creditors?
- Somalia ranks 88th 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 PPG, official creditors (NFL, US$). Statizoid updates them automatically from the source API.
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CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Public and publicly guaranteed debt from official creditors includes loans from international organizations (multilateral loans) and loans from governments (bilateral loans). Loans from international organization 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. Government loans include 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.