Total ODA Private Net, DAC donors in Somalia
Somalia: Total ODA Private Net, DAC donors was 6.04 million current US$ in 2011. ◆ Volatile
Total ODA Private Net, DAC donors in Somalia, 1968–2011
Source: Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a. Measured in current US$.
Analysis
In 2011, total oda private net, dac donors in Somalia stood at 6.04 million current US$.
Compared with earlier readings it is up 138.6% on the previous year and up 73.6% over ten years.
Over the whole period, total oda private net, dac donors in Somalia peaked at 157.96 million current US$ in 1982 and was at its lowest, -61.38 million current US$, in 1988.
That places Somalia 26th out of 53 countries with data for 2011, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0 current US$ | -290,000 current US$ | 290,000 current US$ | 2 |
| 1970s | 17.12 million current US$ | -17.02 million current US$ | 101.19 million current US$ | 10 |
| 1980s | 19.27 million current US$ | -61.38 million current US$ | 157.96 million current US$ | 10 |
| 1990s | 5.08 million current US$ | -26.70 million current US$ | 82.39 million current US$ | 10 |
| 2000s | 2.89 million current US$ | -5.50 million current US$ | 8.02 million current US$ | 10 |
| 2010s | -4.81 million current US$ | -15.66 million current US$ | 6.04 million current US$ | 2 |
Countries ranked near Somalia
- 23 Benin 33.06 million current US$ compare
- 24 Seychelles 21.78 million current US$ compare
- 25 Central African Republic 18.17 million current US$ compare
- 27 Zimbabwe 5.96 million current US$ compare
- 28 Sierra Leone 4.38 million current US$ compare
- 29 Gambia 3.65 million current US$ compare
More external debt data for Somalia
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- Public and publicly guaranteed debt service 0.0% (2024)
- Net financial flows, IDA 0 NFL, current US$ (2024)
- Use of IMF credit 383.72 million DOD, current US$ (2024)
- External debt stocks, public and publicly guaranteed (PPG) 663.72 million DOD, current US$ (2024)
- IBRD loans and IDA credits 0 DOD, current US$ (2024)
- Net financial flows, bilateral -2.23 million NFL, current US$ (2024)
- Net financial flows, multilateral -1.52 million NFL, current US$ (2024)
- PPG, official creditors -3.75 million NFL, US$ (2024)
- IMF repurchases and charges 10.90 million TDS, current US$ (2024)
Frequently asked questions
- What is total oda private net, dac donors in Somalia?
- Total oda private net, dac donors in Somalia was 6.04 million current US$ in 2011, according to Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a.
- What is the highest total oda private net, dac donors recorded in Somalia?
- The highest recorded value was 157.96 million current US$ in 1982.
- What is the lowest total oda private net, dac donors recorded in Somalia?
- The lowest recorded value was -61.38 million current US$ in 1988.
- How does Somalia rank for total oda private net, dac donors?
- Somalia ranks 26th out of 53 countries with data for 2011.
- Is total oda private net, dac donors rising or falling in Somalia?
- Over the last ten years it is up 73.6%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from Development Assistance Committee of the Organisation for Economic Co-operation and Development, Geographical Distribution of Financial Flows to Developing Countries, Development Co-operation Report, a, published as part of Total ODA Private Net, DAC donors (current US$). Statizoid updates them automatically from the source API.
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About this data
Net private aid is private transactions broken down into direct investment, portfolio investment and export credits (net). Private transactions are those undertaken by firms and individuals resident in the reporting country. Portfolio investment corresponds to bonds and equities. Inflows into emerging countries’ stocks markets, are, however, heavily understated. Accordingly, the coverage of portfolio investment differs in these regards from the coverage of bank claims, which include indistinguishably export credit lending by banks. The bank claims data represent the net change in banks’ claims after adjustment to eliminate the effect of changes in exchange rates. They are therefore a proxy for net flow data, but are not themselves a net flow figure. They differ in two further regards from other OECD data. First, they relate to loans by banks resident in countries which report quarterly to the Bank for International Settlements (BIS). Secondly, no adjustment has been made to exclude short-term claims. Data are expressed in current U.S. dollars.