External balance on goods and services (current LCU), annual growth in Somalia
Somalia: External balance on goods and services (current LCU), annual growth was -19.11 % change on previous year in 2025. ◆ Volatile
External balance on goods and services (current LCU), annual growth in Somalia, 1961–2025
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for external balance on goods and services (current lcu), annual growth in Somalia is -19.11 % change on previous year, measured in 2025.
Compared with earlier readings it is up 35.0% on the previous year and down 16.4% over ten years.
Over the whole period, external balance on goods and services (current lcu), annual growth in Somalia peaked at 74.39 % change on previous year in 1965 and was at its lowest, -322.39 % change on previous year, in 1989.
Somalia ranks 128th of 192 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.
External balance on goods and services (current LCU), annual growth in Somalia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | -69.88 % change on previous year | — |
| 1962 | -120.62 % change on previous year | +72.6% |
| 1963 | 27.1 % change on previous year | -122.5% |
| 1964 | -51.92 % change on previous year | -291.6% |
| 1965 | 74.39 % change on previous year | -243.3% |
| 1966 | -130.64 % change on previous year | -275.6% |
| 1967 | -19.29 % change on previous year | -85.2% |
| 1968 | 18.74 % change on previous year | -197.2% |
| 1969 | -21.08 % change on previous year | -212.4% |
| 1970 | 28.18 % change on previous year | -233.7% |
| 1971 | -33.05 % change on previous year | -217.3% |
| 1972 | 10.83 % change on previous year | -132.8% |
| 1973 | -195 % change on previous year | -1900.9% |
| 1974 | -60.53 % change on previous year | -69.0% |
| 1975 | 2.68 % change on previous year | -104.4% |
| 1976 | -8.77 % change on previous year | -426.7% |
| 1977 | -281.88 % change on previous year | +3113.2% |
| 1978 | 7.61 % change on previous year | -102.7% |
| 1979 | -86.15 % change on previous year | -1231.7% |
| 1980 | -108.46 % change on previous year | +25.9% |
| 1981 | 0.052 % change on previous year | -100.0% |
| 1982 | -27.54 % change on previous year | -53027.6% |
| 1983 | -40.41 % change on previous year | +46.7% |
| 1984 | -68.47 % change on previous year | +69.4% |
| 1985 | 60.87 % change on previous year | -188.9% |
| 1986 | -138.55 % change on previous year | -327.6% |
| 1987 | -52.42 % change on previous year | -62.2% |
| 1988 | -19.58 % change on previous year | -62.6% |
| 1989 | -322.39 % change on previous year | +1546.5% |
| 1990 | -133.46 % change on previous year | -58.6% |
| 2013 | 7.41 % change on previous year | -105.6% |
| 2014 | -11.67 % change on previous year | -257.5% |
| 2015 | -16.42 % change on previous year | +40.7% |
| 2016 | -9.72 % change on previous year | -40.8% |
| 2017 | -16.75 % change on previous year | +72.4% |
| 2018 | -14.21 % change on previous year | -15.2% |
| 2019 | -11.93 % change on previous year | -16.1% |
| 2020 | -12.24 % change on previous year | +2.7% |
| 2021 | -7.42 % change on previous year | -39.4% |
| 2022 | -31.27 % change on previous year | +321.3% |
| 2023 | -16.44 % change on previous year | -47.4% |
| 2024 | -29.39 % change on previous year | +78.8% |
| 2025 | -19.11 % change on previous year | -35.0% |
Somalia compared with similar countries
- Somalia's -19.11 % change on previous year is below the median for low income countries, which is -13.2 % change on previous year, 1.4× the median. (22 countries reporting)
- Somalia's -19.11 % change on previous year is below the median for Sub-Saharan Africa, which is 2.45 % change on previous year. (45 countries reporting)
Biggest year-on-year movements
Years where External balance on goods and services (current LCU), annual growth 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 |
|---|---|---|---|
| 1982 | -53027.6% | 0.052 % change on previous year | -27.54 % change on previous year |
| 1977 | -3113.2% | -8.77 % change on previous year | -281.88 % change on previous year |
| 1973 | -1900.9% | 10.83 % change on previous year | -195 % change on previous year |
| 1989 | -1546.5% | -19.58 % change on previous year | -322.39 % change on previous year |
| 1979 | -1231.7% | 7.61 % change on previous year | -86.15 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | -32.58 % change on previous year | -130.64 % change on previous year | 74.39 % change on previous year | 9 |
| 1970s | -61.61 % change on previous year | -281.88 % change on previous year | 28.18 % change on previous year | 10 |
| 1980s | -71.69 % change on previous year | -322.39 % change on previous year | 60.87 % change on previous year | 10 |
| 1990s | -133.46 % change on previous year | -133.46 % change on previous year | -133.46 % change on previous year | 1 |
| 2010s | -10.47 % change on previous year | -16.75 % change on previous year | 7.41 % change on previous year | 7 |
| 2020s | -19.31 % change on previous year | -31.27 % change on previous year | -7.42 % change on previous year | 6 |
Countries ranked near Somalia
- 125 Haiti -16.93 % change on previous year compare
- 126 Croatia -17.88 % change on previous year compare
- 127 United Arab Emirates -18.48 % change on previous year compare
- 129 Morocco -19.48 % change on previous year compare
- 130 French Polynesia -21.77 % change on previous year compare
- 131 Montenegro -22.11 % change on previous year compare
More economy & growth data for Somalia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.52 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 25.66 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0238 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 15.71 units per person (2025)
- SDRs holdings, SDR, annual growth rate 19.66 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0174 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 11.47 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0172 units per US$ of GDP (2025)
Frequently asked questions
- What is external balance on goods and services (current lcu), annual growth in Somalia?
- External balance on goods and services (current lcu), annual growth in Somalia was -19.11 % change on previous year in 2025, according to Statizoid (derived).
- What is the highest external balance on goods and services (current lcu), annual growth recorded in Somalia?
- The highest recorded value was 74.39 % change on previous year in 1965.
- What is the lowest external balance on goods and services (current lcu), annual growth recorded in Somalia?
- The lowest recorded value was -322.39 % change on previous year in 1989.
- How does Somalia rank for external balance on goods and services (current lcu), annual growth?
- Somalia ranks 128th out of 192 countries with data for 2025.
- Is external balance on goods and services (current lcu), annual growth rising or falling in Somalia?
- Over the last ten years it is down 16.4%. 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 External balance on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- External balance on goods and services Country official statistics, National Statistical Organizations and/or Central Banks
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 External balance on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.