External debt stocks, total (DOD, current US$), annual growth rate in Somalia
Somalia: External debt stocks, total (DOD, current US$), annual growth rate was -41.84 % change on previous year in 2024. ◆ Volatile
External debt stocks, total (DOD, current US$), annual growth rate in Somalia, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, external debt stocks, total (dod, current us$), annual growth rate in Somalia stood at -41.84 % change on previous year. That is the lowest value across all 54 years on record.
That represents a change of down 71.1% on the previous year and down 1,108.2% over ten years.
Over the whole period, external debt stocks, total (dod, current us$), annual growth rate in Somalia peaked at 87.18 % change on previous year in 2018 and was at its lowest, -41.84 % change on previous year, in 2024.
Somalia ranks 121st of 122 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, total (DOD, current US$), annual growth rate in Somalia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 8.86 % change on previous year | — |
| 1972 | 20.73 % change on previous year | +133.8% |
| 1973 | 23.47 % change on previous year | +13.2% |
| 1974 | 29.43 % change on previous year | +25.4% |
| 1975 | 20.48 % change on previous year | -30.4% |
| 1976 | 30.74 % change on previous year | +50.1% |
| 1977 | 31.55 % change on previous year | +2.6% |
| 1978 | 28.91 % change on previous year | -8.4% |
| 1979 | 12.22 % change on previous year | -57.7% |
| 1980 | 16.66 % change on previous year | +36.3% |
| 1981 | 75.44 % change on previous year | +352.8% |
| 1982 | 17.93 % change on previous year | -76.2% |
| 1983 | 17 % change on previous year | -5.2% |
| 1984 | 8.55 % change on previous year | -49.7% |
| 1985 | 9.79 % change on previous year | +14.4% |
| 1986 | 10.15 % change on previous year | +3.7% |
| 1987 | 9.91 % change on previous year | -2.4% |
| 1988 | 3.67 % change on previous year | -62.9% |
| 1989 | 4.29 % change on previous year | +16.9% |
| 1990 | 10.52 % change on previous year | +145.1% |
| 1991 | 3.59 % change on previous year | -65.8% |
| 1992 | 0.1294 % change on previous year | -96.4% |
| 1993 | 2.3 % change on previous year | +1679.1% |
| 1994 | 5 % change on previous year | +117.0% |
| 1995 | 2.21 % change on previous year | -55.7% |
| 1996 | -1.09 % change on previous year | -149.3% |
| 1997 | -3.09 % change on previous year | +182.3% |
| 1998 | 3.24 % change on previous year | -205.0% |
| 1999 | -0.1237 % change on previous year | -103.8% |
| 2000 | -1.94 % change on previous year | +1471.6% |
| 2001 | -0.0509 % change on previous year | -97.4% |
| 2002 | 5.31 % change on previous year | -10537.0% |
| 2003 | 5.94 % change on previous year | +11.9% |
| 2004 | 0.4811 % change on previous year | -91.9% |
| 2005 | -3.73 % change on previous year | -876.3% |
| 2006 | 3.38 % change on previous year | -190.4% |
| 2007 | 3.85 % change on previous year | +14.1% |
| 2008 | -0.1084 % change on previous year | -102.8% |
| 2009 | 2.72 % change on previous year | -2608.8% |
| 2010 | -0.3153 % change on previous year | -111.6% |
| 2011 | 0.2041 % change on previous year | -164.8% |
| 2012 | 0.0017 % change on previous year | -99.2% |
| 2013 | -0.0517 % change on previous year | -3139.9% |
| 2014 | -3.46 % change on previous year | +6599.5% |
| 2015 | -2.34 % change on previous year | -32.3% |
| 2016 | -0.9355 % change on previous year | -60.1% |
| 2017 | 3.42 % change on previous year | -466.0% |
| 2018 | 87.18 % change on previous year | +2445.9% |
| 2019 | 1.15 % change on previous year | -98.7% |
| 2020 | -14.56 % change on previous year | -1369.7% |
| 2021 | -9.78 % change on previous year | -32.8% |
| 2022 | -1.14 % change on previous year | -88.3% |
| 2023 | -24.45 % change on previous year | +2040.0% |
| 2024 | -41.84 % change on previous year | +71.1% |
Somalia compared with similar countries
- Somalia's -41.84 % change on previous year is below the median for low income countries, which is 0.7487 % change on previous year. (23 countries reporting)
- Somalia's -41.84 % change on previous year is below the median for Sub-Saharan Africa, which is 2.44 % change on previous year. (44 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, total (DOD, current US$), annual growth rate 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 |
|---|---|---|---|
| 2002 | +10537.0% | -0.0509 % change on previous year | 5.31 % change on previous year |
| 2014 | -6599.5% | -0.0517 % change on previous year | -3.46 % change on previous year |
| 2013 | -3139.9% | 0.0017 % change on previous year | -0.0517 % change on previous year |
| 2009 | +2608.8% | -0.1084 % change on previous year | 2.72 % change on previous year |
| 2018 | +2445.9% | 3.42 % change on previous year | 87.18 % change on previous year |
| 2023 | -2040.0% | -1.14 % change on previous year | -24.45 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 22.93 % change on previous year | 8.86 % change on previous year | 31.55 % change on previous year | 9 |
| 1980s | 17.34 % change on previous year | 3.67 % change on previous year | 75.44 % change on previous year | 10 |
| 1990s | 2.27 % change on previous year | -3.09 % change on previous year | 10.52 % change on previous year | 10 |
| 2000s | 1.58 % change on previous year | -3.73 % change on previous year | 5.94 % change on previous year | 10 |
| 2010s | 8.48 % change on previous year | -3.46 % change on previous year | 87.18 % change on previous year | 10 |
| 2020s | -18.35 % change on previous year | -41.84 % change on previous year | -1.14 % change on previous year | 5 |
Countries ranked near Somalia
- 118 Papua New Guinea -16.98 % change on previous year compare
- 119 Azerbaijan -18.62 % change on previous year compare
- 120 Russia -20.34 % change on previous year compare
- 122 Haiti -70.07 % 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 debt stocks, total (dod, current us$), annual growth rate in Somalia?
- External debt stocks, total (dod, current us$), annual growth rate in Somalia was -41.84 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest external debt stocks, total (dod, current us$), annual growth rate recorded in Somalia?
- The highest recorded value was 87.18 % change on previous year in 2018.
- What is the lowest external debt stocks, total (dod, current us$), annual growth rate recorded in Somalia?
- The lowest recorded value was -41.84 % change on previous year in 2024.
- How does Somalia rank for external debt stocks, total (dod, current us$), annual growth rate?
- Somalia ranks 121st out of 122 countries with data for 2024.
- Is external debt stocks, total (dod, current us$), annual growth rate rising or falling in Somalia?
- Over the last ten years it is down 1,108.2%. 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 debt stocks, total (DOD, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in External debt stocks, total (DOD, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- External debt stocks, total 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 External debt stocks, total (DOD, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.