Short-term debt in Somalia
Somalia: Short-term debt was 842.5% in 1989. ◆ Volatile
Short-term debt in Somalia, 1974–1989
Source: World Development Indicators, World Bank (WB). Measured in % of total reserves.
Analysis
Somalia recorded 842.5% for short-term debt in 1989.
The figure is up 38.4% on the previous year and up 1,274.8% over ten years.
Over the whole period, short-term debt in Somalia peaked at 1,467.7% in 1984 and was at its lowest, 0.1%, in 1974.
That places Somalia 2nd out of 111 countries with data for 1989, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Somalia, year by year
| Year | % of total reserves | Change |
|---|---|---|
| 1974 | 0.1% | — |
| 1975 | 0.4% | +180.3% |
| 1976 | 1.3% | +219.8% |
| 1977 | 11.7% | +829.4% |
| 1978 | 19.8% | +69.2% |
| 1979 | 61.3% | +210.2% |
| 1980 | 180.2% | +194.1% |
| 1981 | 88.6% | -50.8% |
| 1982 | 339.9% | +283.5% |
| 1983 | 419.9% | +23.5% |
| 1984 | 1,467.7% | +249.5% |
| 1985 | 817.9% | -44.3% |
| 1986 | 432.8% | -47.1% |
| 1987 | 544.3% | +25.8% |
| 1988 | 608.6% | +11.8% |
| 1989 | 842.5% | +38.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.8% | 0.1% | 61.3% | 6 |
| 1980s | 574.2% | 88.6% | 1,467.7% | 10 |
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)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0 (2017)
- GNI, Atlas method (current US$), per unit of GDP 0.964 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), annual growth rate 6.99 % change on previous year (2025)
- Gross domestic savings (current LCU), per capita -8.25 million current LCU per person (2025)
- Gross domestic savings (current LCU), per unit of GDP -12,478 current LCU per US$ of GDP (2025)
- Gross domestic savings (current LCU), annual growth rate -17.1 % change on previous year (2025)
- Gross domestic savings (current US$), per capita -274.07 current US$ per person (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 23,605 (2017)
Frequently asked questions
- What is short-term debt in Somalia?
- Short-term debt in Somalia was 842.5% in 1989, according to World Development Indicators, World Bank (WB).
- What is the highest short-term debt recorded in Somalia?
- The highest recorded value was 1,467.7% in 1984.
- What is the lowest short-term debt recorded in Somalia?
- The lowest recorded value was 0.1% in 1974.
- How does Somalia rank for short-term debt?
- Somalia ranks 2nd out of 111 countries with data for 1989.
- Is short-term debt rising or falling in Somalia?
- Over the last ten years it is up 1,274.8%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from World Development Indicators, World Bank (WB), published as part of Short-term debt (% of total reserves). Statizoid updates them automatically from the source API.
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About this data
Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.