Use of IMF credit (DOD, current US$), annual growth rate in Somalia
Somalia: Use of IMF credit (DOD, current US$), annual growth rate was 2.42 % change on previous year in 2024. ◆ Volatile
Use of IMF credit (DOD, current US$), annual growth rate in Somalia, 1979–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for use of imf credit (dod, current us$), annual growth rate in Somalia is 2.42 % change on previous year, measured in 2024.
That represents a change of up 105.8% on the previous year and up 140.9% over ten years.
Over the whole period, use of imf credit (dod, current us$), annual growth rate in Somalia peaked at 160.82 % change on previous year in 1981 and was at its lowest, -42.04 % change on previous year, in 2023.
Somalia ranks 29th of 122 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Use of IMF credit (DOD, current US$), annual growth rate in Somalia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1979 | 1.12 % change on previous year | — |
| 1981 | 160.82 % change on previous year | +14313.9% |
| 1982 | 71.22 % change on previous year | -55.7% |
| 1983 | 53.95 % change on previous year | -24.2% |
| 1984 | -8.65 % change on previous year | -116.0% |
| 1985 | 37.35 % change on previous year | -531.8% |
| 1986 | 1.15 % change on previous year | -96.9% |
| 1987 | 12.68 % change on previous year | +1005.0% |
| 1988 | -5.66 % change on previous year | -144.7% |
| 1989 | -9.42 % change on previous year | +66.3% |
| 1990 | 6.28 % change on previous year | -166.6% |
| 1991 | 0.546 % change on previous year | -91.3% |
| 1992 | -3.87 % change on previous year | -809.7% |
| 1993 | -0.1052 % change on previous year | -97.3% |
| 1994 | 6.28 % change on previous year | -6072.3% |
| 1995 | 1.82 % change on previous year | -71.0% |
| 1996 | -3.27 % change on previous year | -279.1% |
| 1997 | -6.17 % change on previous year | +88.9% |
| 1998 | 4.36 % change on previous year | -170.6% |
| 1999 | 9.4 % change on previous year | +115.7% |
| 2000 | -5.07 % change on previous year | -154.0% |
| 2001 | -3.54 % change on previous year | -30.1% |
| 2002 | 8.18 % change on previous year | -330.8% |
| 2003 | 9.3 % change on previous year | +13.7% |
| 2004 | 4.51 % change on previous year | -51.5% |
| 2005 | -7.97 % change on previous year | -276.6% |
| 2006 | 5.26 % change on previous year | -166.0% |
| 2007 | 5.04 % change on previous year | -4.1% |
| 2008 | -2.53 % change on previous year | -150.2% |
| 2009 | 28.31 % change on previous year | -1218.9% |
| 2010 | -1.76 % change on previous year | -106.2% |
| 2011 | -0.3094 % change on previous year | -82.5% |
| 2012 | 0.0255 % change on previous year | -108.2% |
| 2013 | -0.0053 % change on previous year | -121.0% |
| 2014 | -5.92 % change on previous year | +110744.3% |
| 2015 | -4.35 % change on previous year | -26.5% |
| 2016 | -2.99 % change on previous year | -31.4% |
| 2017 | 5.94 % change on previous year | -298.7% |
| 2018 | -2.34 % change on previous year | -139.4% |
| 2019 | -0.5729 % change on previous year | -75.5% |
| 2020 | 103.05 % change on previous year | -18087.9% |
| 2021 | 46.58 % change on previous year | -54.8% |
| 2022 | -0.6148 % change on previous year | -101.3% |
| 2023 | -42.04 % change on previous year | +6738.0% |
| 2024 | 2.42 % change on previous year | -105.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.12 % change on previous year | 1.12 % change on previous year | 1.12 % change on previous year | 1 |
| 1980s | 34.83 % change on previous year | -9.42 % change on previous year | 160.82 % change on previous year | 9 |
| 1990s | 1.53 % change on previous year | -6.17 % change on previous year | 9.4 % change on previous year | 10 |
| 2000s | 4.15 % change on previous year | -7.97 % change on previous year | 28.31 % change on previous year | 10 |
| 2010s | -1.23 % change on previous year | -5.92 % change on previous year | 5.94 % change on previous year | 10 |
| 2020s | 21.88 % change on previous year | -42.04 % change on previous year | 103.05 % change on previous year | 5 |
Countries ranked near Somalia
- 26 Benin 3.51 % change on previous year compare
- 27 Uganda 3.37 % change on previous year compare
- 28 Congo 3.18 % change on previous year compare
- 30 Democratic Republic of Congo 2.17 % change on previous year compare
- 31 Niger 2.15 % change on previous year compare
- 32 Sri Lanka 1.56 % change on previous year 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$), annual growth rate 100 % change on previous year (2024)
Frequently asked questions
- What is use of imf credit (dod, current us$), annual growth rate in Somalia?
- Use of imf credit (dod, current us$), annual growth rate in Somalia was 2.42 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest use of imf credit (dod, current us$), annual growth rate recorded in Somalia?
- The highest recorded value was 160.82 % change on previous year in 1981.
- What is the lowest use of imf credit (dod, current us$), annual growth rate recorded in Somalia?
- The lowest recorded value was -42.04 % change on previous year in 2023.
- How does Somalia rank for use of imf credit (dod, current us$), annual growth rate?
- Somalia ranks 29th out of 122 countries with data for 2024.
- Is use of imf credit (dod, current us$), annual growth rate rising or falling in Somalia?
- Over the last ten years it is up 140.9%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from Statizoid (derived), published as part of Use of IMF credit (DOD, current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Use of IMF credit (DOD, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Use of IMF credit International Debt Statistics, World Bank (WB)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Use of IMF credit (DOD, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.