Short-term debt (% of total external debt) in Somalia
Somalia: Short-term debt (% of total external debt) was 20.8% in 2025. ◆ Volatile
Short-term debt in Somalia, 1970–2025
Source: International Debt Statistics, World Bank (WB). Measured in % of total external debt.
Analysis
In 2025, short-term debt in Somalia stood at 20.8%.
Compared with earlier readings it is down 50.3% on the previous year and down 27.4% over ten years.
Over the whole period, short-term debt in Somalia peaked at 57.8% in 2019 and was at its lowest, 0.0%, in 1970.
Somalia ranks 28th of 123 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt (% of total external debt) in Somalia, year by year
| Year | % of total external debt | Change |
|---|---|---|
| 1970 | 0.0% | — |
| 1971 | 0.0% | — |
| 1972 | 0.0% | — |
| 1973 | 0.0% | — |
| 1974 | 0.0% | — |
| 1975 | 0.1% | +273.6% |
| 1976 | 0.4% | +203.3% |
| 1977 | 4.5% | +909.4% |
| 1978 | 6.2% | +39.8% |
| 1979 | 6.8% | +9.5% |
| 1980 | 8.6% | +26.3% |
| 1981 | 3.6% | -58.4% |
| 1982 | 4.7% | +29.7% |
| 1983 | 5.3% | +14.0% |
| 1984 | 7.2% | +35.9% |
| 1985 | 4.6% | -35.9% |
| 1986 | 5.1% | +11.1% |
| 1987 | 4.8% | -6.5% |
| 1988 | 7.2% | +50.6% |
| 1989 | 9.6% | +32.3% |
| 1990 | 12.6% | +31.4% |
| 1991 | 14.7% | +16.3% |
| 1992 | 16.8% | +14.5% |
| 1993 | 18.7% | +11.3% |
| 1994 | 20.5% | +9.6% |
| 1995 | 21.3% | +4.2% |
| 1996 | 22.1% | +3.5% |
| 1997 | 22.5% | +2.1% |
| 1998 | 23.1% | +2.7% |
| 1999 | 23.2% | +0.5% |
| 2000 | 23.5% | +1.3% |
| 2001 | 25.0% | +6.2% |
| 2002 | 25.7% | +2.9% |
| 2003 | 26.5% | +3.1% |
| 2004 | 26.1% | -1.5% |
| 2005 | 26.4% | +1.0% |
| 2006 | 27.0% | +2.2% |
| 2007 | 27.5% | +1.9% |
| 2008 | 27.7% | +0.7% |
| 2009 | 27.5% | -0.5% |
| 2010 | 27.7% | +0.4% |
| 2011 | 27.8% | +0.7% |
| 2012 | 28.1% | +1.0% |
| 2013 | 28.4% | +1.1% |
| 2014 | 28.5% | +0.3% |
| 2015 | 28.6% | +0.4% |
| 2016 | 28.7% | +0.4% |
| 2017 | 29.2% | +1.5% |
| 2018 | 57.3% | +96.4% |
| 2019 | 57.8% | +0.9% |
| 2020 | 33.5% | -42.0% |
| 2021 | 28.5% | -15.1% |
| 2022 | 27.8% | -2.4% |
| 2023 | 22.6% | -18.5% |
| 2024 | 41.8% | +84.7% |
| 2025 | 20.8% | -50.3% |
Somalia compared with similar countries
- Somalia's 20.8% is above the median for low income countries, which is 2.5%, 8.2× the median. (23 countries reporting)
- Somalia's 20.8% is above the median for Sub-Saharan Africa, which is 5.2%, 4.0× the median. (44 countries reporting)
Biggest year-on-year movements
Years where Short-term debt (% of total external debt) 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 |
|---|---|---|---|
| 1977 | +909.4% | 0.4% | 4.5% |
| 1975 | +273.6% | 0.0% | 0.1% |
| 1976 | +203.3% | 0.1% | 0.4% |
| 2018 | +96.4% | 29.2% | 57.3% |
| 2024 | +84.7% | 22.6% | 41.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.8% | 0.0% | 6.8% | 10 |
| 1980s | 6.1% | 3.6% | 9.6% | 10 |
| 1990s | 19.5% | 12.6% | 23.2% | 10 |
| 2000s | 26.3% | 23.5% | 27.7% | 10 |
| 2010s | 34.2% | 27.7% | 57.8% | 10 |
| 2020s | 29.2% | 20.8% | 41.8% | 6 |
Countries ranked near Somalia
More external debt data for Somalia
- 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 (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)
- Use of IMF credit 444.04 million DOD, current US$ (2025)
- External debt stocks, public and publicly guaranteed (PPG) 972.12 million DOD, current US$ (2025)
- External debt stocks, long-term 972.12 million DOD, current US$ (2025)
- External debt stocks, short-term 371.19 million DOD, current US$ (2025)
Frequently asked questions
- What is short-term debt in Somalia?
- Short-term debt in Somalia was 20.8% in 2025, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Somalia?
- The highest recorded value was 57.8% in 2019.
- What is the lowest short-term debt recorded in Somalia?
- The lowest recorded value was 0.0% in 1970.
- How does Somalia rank for short-term debt?
- Somalia ranks 28th out of 123 countries with data for 2025.
- Is short-term debt rising or falling in Somalia?
- Over the last ten years it is down 27.4%. 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 Short-term debt (% of total external debt). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt.