External debt stocks as a proportion of GNI in Somalia
Somalia: External debt stocks as a proportion of GNI was 14.9% in 2024. ▼ Falling
External debt stocks as a proportion of GNI in Somalia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for external debt stocks as a proportion of gni in Somalia is 14.9%, measured in 2024. That is the lowest value across all 25 years on record.
That represents a change of down 47.3% on the previous year and down 70.0% over ten years.
Over the whole period, external debt stocks as a proportion of gni in Somalia peaked at 121.4% in 2002 and was at its lowest, 14.9%, in 2024.
Somalia ranks 122nd of 129 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
External debt stocks as a proportion of GNI in Somalia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 74.3% | — |
| 2001 | 112.3% | +51.1% |
| 2002 | 121.4% | +8.1% |
| 2003 | 99.3% | -18.2% |
| 2004 | 73.2% | -26.2% |
| 2005 | 58.0% | -20.8% |
| 2006 | 55.8% | -3.8% |
| 2007 | 53.6% | -4.0% |
| 2008 | 49.1% | -8.4% |
| 2009 | 100.9% | +105.7% |
| 2010 | 110.2% | +9.2% |
| 2011 | 102.0% | -7.4% |
| 2012 | 67.4% | -34.0% |
| 2013 | 58.4% | -13.3% |
| 2014 | 49.8% | -14.8% |
| 2015 | 45.2% | -9.1% |
| 2016 | 41.7% | -7.9% |
| 2017 | 37.4% | -10.3% |
| 2018 | 67.8% | +81.2% |
| 2019 | 62.4% | -8.0% |
| 2020 | 53.5% | -14.3% |
| 2021 | 43.9% | -17.9% |
| 2022 | 40.3% | -8.1% |
| 2023 | 28.3% | -29.8% |
| 2024 | 14.9% | -47.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 79.8% | 49.1% | 121.4% | 10 |
| 2010s | 64.2% | 37.4% | 110.2% | 10 |
| 2020s | 36.2% | 14.9% | 53.5% | 5 |
Countries ranked near Somalia
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)
- Gross capital formation (current US$), annual growth rate 14.14 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2811 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 185.88 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 22.2 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 8,463 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 5.60 million current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate 8.7 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.2163 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is external debt stocks as a proportion of gni in Somalia?
- External debt stocks as a proportion of gni in Somalia was 14.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest external debt stocks as a proportion of gni recorded in Somalia?
- The highest recorded value was 121.4% in 2002.
- What is the lowest external debt stocks as a proportion of gni recorded in Somalia?
- The lowest recorded value was 14.9% in 2024.
- How does Somalia rank for external debt stocks as a proportion of gni?
- Somalia ranks 122nd out of 129 countries with data for 2024.
- Is external debt stocks as a proportion of gni rising or falling in Somalia?
- Over the last ten years it is down 70.0%. The long-run trend across the full record is falling.
- Where does this Somalia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of External debt stocks as a proportion of GNI (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).