03_Official bilateral loans, total in Somalia

Somalia: 03_Official bilateral loans, total was 421.00 million in 2023. ▼ Falling

Latest (2023)
421.00 million
Change on year
up 0.5%
World rank
67th
of 160 countries
All-time high
529.00 million
in 2020
All-time low
266.00 million
in 2015
Years of data
28
1996–2023

03_Official bilateral loans, total in Somalia, 1996–2023

0200.0M400.0M600.0M1996200920231996: 429.0M1997: 392.0M1998: 420.0M1999: 448.0M2000: 439.0M2001: 436.0M2002: 481.0M2003: 516.0M2004: 333.0M2005: 321.0M2006: 324.0M2007: 330.0M2008: 341.0M2009: 343.0M2010: 290.0M2011: 287.0M2012: 294.0M2013: 408.0M2014: 287.0M2015: 266.0M2016: 284.0M2017: 275.0M2018: 287.0M2019: 267.0M2020: 529.0M2021: 419.0M2022: 419.0M2023: 421.0M

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 160 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 64 Honduras 462.00 million compare
  2. 65 Madagascar 450.00 million compare
  3. 66 Chile 436.00 million compare
  4. 68 Burkina Faso 412.00 million compare
  5. 69 Argentina 403.00 million compare
  6. 70 Paraguay 381.00 million compare
  7. 70 Rwanda 381.00 million compare

See the full ranking of 162 places →

More reference data data for Somalia

All data for Somalia →

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 160 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.

Download this data

CSV · JSON — 28 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
03_Official bilateral loans, total
Source
OECD
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
162 places, 3,734 data points, 1996–2023
Last refreshed

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.