External debt stocks, total (DOD, current US$) in Somalia
Somalia: External debt stocks, total was 1.80 billion DOD, current US$ in 2024. ◆ Volatile
External debt stocks, total in Somalia, 1970–2024
Source: International Debt Statistics, World Bank (WB). Measured in DOD, current US$.
Analysis
The most recent figure for external debt stocks, total in Somalia is 1.80 billion DOD, current US$, measured in 2024.
Compared with earlier readings it is down 41.8% on the previous year and down 36.6% over ten years.
Over the whole period, external debt stocks, total in Somalia peaked at 5.37 billion DOD, current US$ in 2019 and was at its lowest, 73.22 million DOD, current US$, in 1970.
That places Somalia 102nd out of 122 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
External debt stocks, total in Somalia, year by year
| Year | DOD, current US$ | Change |
|---|---|---|
| 1970 | 73.22 million DOD, current US$ | — |
| 1971 | 79.71 million DOD, current US$ | +8.9% |
| 1972 | 96.23 million DOD, current US$ | +20.7% |
| 1973 | 118.82 million DOD, current US$ | +23.5% |
| 1974 | 153.79 million DOD, current US$ | +29.4% |
| 1975 | 185.28 million DOD, current US$ | +20.5% |
| 1976 | 242.24 million DOD, current US$ | +30.7% |
| 1977 | 318.67 million DOD, current US$ | +31.6% |
| 1978 | 410.80 million DOD, current US$ | +28.9% |
| 1979 | 461.00 million DOD, current US$ | +12.2% |
| 1980 | 537.81 million DOD, current US$ | +16.7% |
| 1981 | 943.55 million DOD, current US$ | +75.4% |
| 1982 | 1.11 billion DOD, current US$ | +17.9% |
| 1983 | 1.30 billion DOD, current US$ | +17.0% |
| 1984 | 1.41 billion DOD, current US$ | +8.6% |
| 1985 | 1.55 billion DOD, current US$ | +9.8% |
| 1986 | 1.71 billion DOD, current US$ | +10.2% |
| 1987 | 1.88 billion DOD, current US$ | +9.9% |
| 1988 | 1.95 billion DOD, current US$ | +3.7% |
| 1989 | 2.03 billion DOD, current US$ | +4.3% |
| 1990 | 2.24 billion DOD, current US$ | +10.5% |
| 1991 | 2.33 billion DOD, current US$ | +3.6% |
| 1992 | 2.33 billion DOD, current US$ | +0.1% |
| 1993 | 2.38 billion DOD, current US$ | +2.3% |
| 1994 | 2.50 billion DOD, current US$ | +5.0% |
| 1995 | 2.56 billion DOD, current US$ | +2.2% |
| 1996 | 2.53 billion DOD, current US$ | -1.1% |
| 1997 | 2.45 billion DOD, current US$ | -3.1% |
| 1998 | 2.53 billion DOD, current US$ | +3.2% |
| 1999 | 2.53 billion DOD, current US$ | -0.1% |
| 2000 | 2.48 billion DOD, current US$ | -1.9% |
| 2001 | 2.48 billion DOD, current US$ | -0.1% |
| 2002 | 2.61 billion DOD, current US$ | +5.3% |
| 2003 | 2.76 billion DOD, current US$ | +5.9% |
| 2004 | 2.78 billion DOD, current US$ | +0.5% |
| 2005 | 2.67 billion DOD, current US$ | -3.7% |
| 2006 | 2.76 billion DOD, current US$ | +3.4% |
| 2007 | 2.87 billion DOD, current US$ | +3.9% |
| 2008 | 2.87 billion DOD, current US$ | -0.1% |
| 2009 | 2.94 billion DOD, current US$ | +2.7% |
| 2010 | 2.93 billion DOD, current US$ | -0.3% |
| 2011 | 2.94 billion DOD, current US$ | +0.2% |
| 2012 | 2.94 billion DOD, current US$ | +0.0% |
| 2013 | 2.94 billion DOD, current US$ | -0.1% |
| 2014 | 2.84 billion DOD, current US$ | -3.5% |
| 2015 | 2.77 billion DOD, current US$ | -2.3% |
| 2016 | 2.74 billion DOD, current US$ | -0.9% |
| 2017 | 2.84 billion DOD, current US$ | +3.4% |
| 2018 | 5.31 billion DOD, current US$ | +87.2% |
| 2019 | 5.37 billion DOD, current US$ | +1.1% |
| 2020 | 4.59 billion DOD, current US$ | -14.6% |
| 2021 | 4.14 billion DOD, current US$ | -9.8% |
| 2022 | 4.10 billion DOD, current US$ | -1.1% |
| 2023 | 3.09 billion DOD, current US$ | -24.4% |
| 2024 | 1.80 billion DOD, current US$ | -41.8% |
Somalia compared with similar countries
- Somalia's 1.80 billion DOD, current US$ is below the median for low income countries, which is 4.76 billion DOD, current US$, 38% of the median. (23 countries reporting)
- Somalia's 1.80 billion DOD, current US$ is below the median for Sub-Saharan Africa, which is 6.69 billion DOD, current US$, 27% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where External debt stocks, total in Somalia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2018 | +87.2% | 2.84 billion DOD, current US$ | 5.31 billion DOD, current US$ |
| 1981 | +75.4% | 537.81 million DOD, current US$ | 943.55 million DOD, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 213.98 million DOD, current US$ | 73.22 million DOD, current US$ | 461.00 million DOD, current US$ | 10 |
| 1980s | 1.44 billion DOD, current US$ | 537.81 million DOD, current US$ | 2.03 billion DOD, current US$ | 10 |
| 1990s | 2.44 billion DOD, current US$ | 2.24 billion DOD, current US$ | 2.56 billion DOD, current US$ | 10 |
| 2000s | 2.72 billion DOD, current US$ | 2.48 billion DOD, current US$ | 2.94 billion DOD, current US$ | 10 |
| 2010s | 3.36 billion DOD, current US$ | 2.74 billion DOD, current US$ | 5.37 billion DOD, current US$ | 10 |
| 2020s | 3.54 billion DOD, current US$ | 1.80 billion DOD, current US$ | 4.59 billion DOD, current US$ | 5 |
Countries ranked near Somalia
- 99 Sierra Leone 2.33 billion DOD, current US$ compare
- 100 Botswana 2.32 billion DOD, current US$ compare
- 101 Liberia 2.23 billion DOD, current US$ compare
- 103 Lesotho 1.77 billion DOD, current US$ compare
- 104 Gambia 1.64 billion DOD, current US$ compare
- 105 Belize 1.56 billion DOD, current US$ 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 in Somalia?
- External debt stocks, total in Somalia was 1.80 billion DOD, current US$ in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest external debt stocks, total recorded in Somalia?
- The highest recorded value was 5.37 billion DOD, current US$ in 2019.
- What is the lowest external debt stocks, total recorded in Somalia?
- The lowest recorded value was 73.22 million DOD, current US$ in 1970.
- How does Somalia rank for external debt stocks, total?
- Somalia ranks 102nd out of 122 countries with data for 2024.
- Is external debt stocks, total rising or falling in Somalia?
- Over the last ten years it is down 36.6%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of External debt stocks, total (DOD, current US$). Statizoid updates them automatically from the source API.
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About this data
Total external debt is debt owed to nonresidents repayable in currency, goods, or services. Total external debt is the sum of public, publicly guaranteed, and private nonguaranteed long-term debt, use of IMF credit, and short-term debt. Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Data are in current U.S. dollars.