Public and publicly guaranteed debt service in Somalia
Somalia: Public and publicly guaranteed debt service was 0.0% in 2024. ◆ Volatile
Public and publicly guaranteed debt service in Somalia, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of GNI.
Analysis
Somalia recorded 0.0% for public and publicly guaranteed debt service in 2024.
That represents a change of down 69.2% on the previous year.
Over the whole period, public and publicly guaranteed debt service in Somalia peaked at 6.6% in 1981 and was at its lowest, 0.0%, in 1999.
That places Somalia 120th out of 123 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Public and publicly guaranteed debt service in Somalia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1970 | 0.3% | — |
| 1971 | 0.3% | +29.6% |
| 1972 | 0.5% | +32.5% |
| 1973 | 0.5% | +10.7% |
| 1974 | 0.7% | +27.5% |
| 1975 | 0.5% | -25.6% |
| 1976 | 0.3% | -36.7% |
| 1977 | 0.7% | +115.0% |
| 1978 | 0.7% | +11.6% |
| 1979 | 0.7% | -7.6% |
| 1980 | 1.5% | +119.0% |
| 1981 | 6.6% | +341.8% |
| 1982 | 1.5% | -77.8% |
| 1983 | 2.3% | +57.9% |
| 1984 | 1.1% | -53.6% |
| 1985 | 0.6% | -45.2% |
| 1986 | 0.8% | +31.8% |
| 1987 | 0.8% | +0.8% |
| 1988 | 0.4% | -51.4% |
| 1989 | 1.5% | +302.7% |
| 1990 | 0.7% | -54.5% |
| 1991 | 0.0% | -99.1% |
| 1996 | 0.2% | +2609.3% |
| 1999 | 0.0% | -100.0% |
| 2000 | 0.0% | — |
| 2001 | 0.0% | — |
| 2002 | 0.0% | — |
| 2003 | 0.0% | — |
| 2004 | 0.0% | — |
| 2005 | 0.0% | — |
| 2006 | 0.0% | — |
| 2007 | 0.0% | — |
| 2008 | 0.0% | — |
| 2009 | 0.0% | — |
| 2010 | 0.0% | — |
| 2013 | 0.0% | — |
| 2014 | 0.0% | — |
| 2015 | 0.0% | — |
| 2016 | 0.0% | — |
| 2017 | 0.0% | — |
| 2018 | 0.0% | — |
| 2019 | 0.0% | — |
| 2020 | 5.6% | — |
| 2021 | 0.2% | -96.9% |
| 2022 | 0.2% | -14.1% |
| 2023 | 0.1% | -5.2% |
| 2024 | 0.0% | -69.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.5% | 0.3% | 0.7% | 10 |
| 1980s | 1.7% | 0.4% | 6.6% | 10 |
| 1990s | 0.2% | 0.0% | 0.7% | 4 |
| 2000s | 0.0% | 0.0% | 0.0% | 10 |
| 2010s | 0.0% | 0.0% | 0.0% | 8 |
| 2020s | 1.2% | 0.0% | 5.6% | 5 |
Countries ranked near Somalia
- 117 Sudan 0.3% compare
- 118 Zimbabwe 0.2% compare
- 119 Afghanistan 0.2% compare
- 121 Algeria 0.0% compare
- 122 Iran, Islamic Republic of 0.0% compare
- 123 Syrian Arab Republic 0.0% 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)
- 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$), annual growth rate 100 % change on previous year (2024)
- Use of IMF credit 383.72 million DOD, current US$ (2024)
Frequently asked questions
- What is public and publicly guaranteed debt service in Somalia?
- Public and publicly guaranteed debt service in Somalia was 0.0% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Somalia?
- The highest recorded value was 6.6% in 1981.
- What is the lowest public and publicly guaranteed debt service recorded in Somalia?
- The lowest recorded value was 0.0% in 1999.
- How does Somalia rank for public and publicly guaranteed debt service?
- Somalia ranks 120th 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 Public and publicly guaranteed debt service (% of GNI). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Public and publicly guaranteed debt service to gross national income. Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.