03_Official bilateral loans, total in Somalia
Somalia: 03_Official bilateral loans, total was 421.00 million in 2023. ▼ Falling
03_Official bilateral loans, total in Somalia, 1996–2023
Source: OECD.
Analysis
In 2023, 03_official bilateral loans, total in Somalia stood at 421.00 million.
Compared with earlier readings it is up 0.5% on the previous year and up 3.2% over ten years.
Over the whole period, 03_official bilateral loans, total in Somalia peaked at 529.00 million in 2020 and was at its lowest, 266.00 million, in 2015.
Somalia ranks 67th of 162 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 28 years of available data.
03_Official bilateral loans, total in Somalia, year by year
| Year | Value | Change |
|---|---|---|
| 1996 | 429.00 million | — |
| 1997 | 392.00 million | -8.6% |
| 1998 | 420.00 million | +7.1% |
| 1999 | 448.00 million | +6.7% |
| 2000 | 439.00 million | -2.0% |
| 2001 | 436.00 million | -0.7% |
| 2002 | 481.00 million | +10.3% |
| 2003 | 516.00 million | +7.3% |
| 2004 | 333.00 million | -35.5% |
| 2005 | 321.00 million | -3.6% |
| 2006 | 324.00 million | +0.9% |
| 2007 | 330.00 million | +1.9% |
| 2008 | 341.00 million | +3.3% |
| 2009 | 343.00 million | +0.6% |
| 2010 | 290.00 million | -15.5% |
| 2011 | 287.00 million | -1.0% |
| 2012 | 294.00 million | +2.4% |
| 2013 | 408.00 million | +38.8% |
| 2014 | 287.00 million | -29.7% |
| 2015 | 266.00 million | -7.3% |
| 2016 | 284.00 million | +6.8% |
| 2017 | 275.00 million | -3.2% |
| 2018 | 287.00 million | +4.4% |
| 2019 | 267.00 million | -7.0% |
| 2020 | 529.00 million | +98.1% |
| 2021 | 419.00 million | -20.8% |
| 2022 | 419.00 million | +0.0% |
| 2023 | 421.00 million | +0.5% |
Somalia compared with similar countries
- Somalia's 421.00 million is above the median for low income countries, which is 118.00 million, 3.6× the median. (25 countries reporting)
- Somalia's 421.00 million is above the median for Sub-Saharan Africa, which is 258.00 million, 1.6× the median. (48 countries reporting)
Biggest year-on-year movements
Years where 03_Official bilateral loans, 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 |
|---|---|---|---|
| 2020 | +98.1% | 267.00 million | 529.00 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 422.25 million | 392.00 million | 448.00 million | 4 |
| 2000s | 386.40 million | 321.00 million | 516.00 million | 10 |
| 2010s | 294.50 million | 266.00 million | 408.00 million | 10 |
| 2020s | 447.00 million | 419.00 million | 529.00 million | 4 |
Countries ranked near Somalia
More reference data data for Somalia
- Emission Totals - Emissions (CH4) - Burning - Crop residues 0.4444 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.3652 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 41.78 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure applied 234.3 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 43.31 (2050)
- Emission Totals - Emissions (CO2eq) from N2O (AR5) - Manure Management 96.78 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Enteric Fermentation 28,272 (2050)
- Emission Totals - Emissions (CO2eq) (AR5) - Crop Residues 71.14 (2050)
- Emission Totals - Emissions (CH4) - Enteric Fermentation 1,010 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.2685 (2050)
Frequently asked questions
- What is 03_official bilateral loans, total in Somalia?
- 03_official bilateral loans, total in Somalia was 421.00 million in 2023, according to OECD.
- What is the highest 03_official bilateral loans, total recorded in Somalia?
- The highest recorded value was 529.00 million in 2020.
- What is the lowest 03_official bilateral loans, total recorded in Somalia?
- The lowest recorded value was 266.00 million in 2015.
- How does Somalia rank for 03_official bilateral loans, total?
- Somalia ranks 67th out of 162 countries with data for 2023.
- Is 03_official bilateral loans, total rising or falling in Somalia?
- Over the last ten years it is up 3.2%. The long-run trend across the full record is falling.
- Where does this Somalia data come from?
- The figures come from OECD, published as part of 03_Official bilateral loans, total. Statizoid updates them automatically from the source API.
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About this data
The data show the outstanding debt on loans, other than direct export credits, extended by governments which are members of the OECD’s Development Assistance Committee (DAC). In addition to straightforward loans, official bilateral loans include loans repayable in kind, and eligible loans in Associated Financing packages.