Total official flows commitments for aid for trade, by recipient in Somalia
Somalia: Total official flows commitments for aid for trade, by recipient was 293.22 million millions of constant united states dollars in 2024. ◆ Volatile
Latest (2024)
293.22 million millions of constant united states dollars
Change on year
down 41.6%
World rank
46th
of 152 countries
All-time high
501.92 million millions of constant united states dollars
in 2023
All-time low
10.01 million millions of constant united states dollars
in 2007
Years of data
19
2006–2024
Total official flows commitments for aid for trade, by recipient in Somalia, 2006–2024
Source: Organisation for Economic Co-operation and Development – processed by Our World in Data. Measured in millions of constant united states dollars.
Analysis
The most recent figure for total official flows commitments for aid for trade, by recipient in Somalia is 293.22 million millions of constant united states dollars, measured in 2024.
Compared with earlier readings it is down 41.6% on the previous year and up 1,012.0% over ten years.
Over the whole period, total official flows commitments for aid for trade, by recipient in Somalia peaked at 501.92 million millions of constant united states dollars in 2023 and was at its lowest, 10.01 million millions of constant united states dollars, in 2007.
Somalia ranks 46th of 152 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.
Total official flows commitments for aid for trade, by recipient in Somalia, year by year
| Year | millions of constant united states dollars | Change |
|---|---|---|
| 2006 | 10.45 million millions of constant united states dollars | — |
| 2007 | 10.01 million millions of constant united states dollars | -4.2% |
| 2008 | 27.28 million millions of constant united states dollars | +172.5% |
| 2009 | 42.34 million millions of constant united states dollars | +55.2% |
| 2010 | 16.29 million millions of constant united states dollars | -61.5% |
| 2011 | 43.55 million millions of constant united states dollars | +167.3% |
| 2012 | 103.47 million millions of constant united states dollars | +137.6% |
| 2013 | 108.80 million millions of constant united states dollars | +5.2% |
| 2014 | 26.37 million millions of constant united states dollars | -75.8% |
| 2015 | 68.95 million millions of constant united states dollars | +161.5% |
| 2016 | 41.53 million millions of constant united states dollars | -39.8% |
| 2017 | 33.78 million millions of constant united states dollars | -18.7% |
| 2018 | 94.10 million millions of constant united states dollars | +178.6% |
| 2019 | 192.29 million millions of constant united states dollars | +104.3% |
| 2020 | 433.76 million millions of constant united states dollars | +125.6% |
| 2021 | 282.65 million millions of constant united states dollars | -34.8% |
| 2022 | 345.44 million millions of constant united states dollars | +22.2% |
| 2023 | 501.92 million millions of constant united states dollars | +45.3% |
| 2024 | 293.22 million millions of constant united states dollars | -41.6% |
Somalia compared with similar countries
- Somalia's 293.22 million millions of constant united states dollars is above the median for low income countries, which is 213.68 million millions of constant united states dollars, 1.4× the median. (25 countries reporting)
- Somalia's 293.22 million millions of constant united states dollars is above the median for Sub-Saharan Africa, which is 212.41 million millions of constant united states dollars, 1.4× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.52 million millions of constant united states dollars | 10.01 million millions of constant united states dollars | 42.34 million millions of constant united states dollars | 4 |
| 2010s | 72.91 million millions of constant united states dollars | 16.29 million millions of constant united states dollars | 192.29 million millions of constant united states dollars | 10 |
| 2020s | 371.40 million millions of constant united states dollars | 282.65 million millions of constant united states dollars | 501.92 million millions of constant united states dollars | 5 |
Countries ranked near Somalia
- 43 Colombia 333.35 million millions of constant united states dollars compare
- 44 Niger 313.55 million millions of constant united states dollars compare
- 45 El Salvador 307.74 million millions of constant united states dollars compare
- 47 Laos 289.89 million millions of constant united states dollars compare
- 48 Lesotho 274.61 million millions of constant united states dollars compare
- 49 Fiji 270.71 million millions of constant united states dollars 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 total official flows commitments for aid for trade, by recipient in Somalia?
- Total official flows commitments for aid for trade, by recipient in Somalia was 293.22 million millions of constant united states dollars in 2024, according to Organisation for Economic Co-operation and Development – processed by Our World in Data.
- What is the highest total official flows commitments for aid for trade, by recipient recorded in Somalia?
- The highest recorded value was 501.92 million millions of constant united states dollars in 2023.
- What is the lowest total official flows commitments for aid for trade, by recipient recorded in Somalia?
- The lowest recorded value was 10.01 million millions of constant united states dollars in 2007.
- How does Somalia rank for total official flows commitments for aid for trade, by recipient?
- Somalia ranks 46th out of 152 countries with data for 2024.
- Is total official flows commitments for aid for trade, by recipient rising or falling in Somalia?
- Over the last ten years it is up 1,012.0%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from Organisation for Economic Co-operation and Development – processed by Our World in Data, published as part of Total official flows commitments for aid for trade, by recipient. Statizoid updates them automatically from the source API.
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About this data
Total official flows (commitments) for Aid for Trade, by recipient countries (millions of constant 2024 United States dollars).