04_Official bilateral loans, aid loans in Somalia

Somalia: 04_Official bilateral loans, aid loans was 407.00 million in 2023. ▲ Rising

Latest (2023)
407.00 million
Change on year
down 2.9%
World rank
55th
of 130 countries
All-time high
517.00 million
in 2020
All-time low
266.00 million
in 2015
Years of data
20
2004–2023

04_Official bilateral loans, aid loans in Somalia, 2004–2023

0200.0M400.0M600.0M2004201320232004: 332.0M2005: 320.0M2006: 323.0M2007: 329.0M2008: 340.0M2009: 342.0M2010: 289.0M2011: 287.0M2012: 294.0M2013: 408.0M2014: 287.0M2015: 266.0M2016: 284.0M2017: 269.0M2018: 287.0M2019: 267.0M2020: 517.0M2021: 407.0M2022: 419.0M2023: 407.0M

Source: OECD.

Analysis

In 2023, 04_official bilateral loans, aid loans in Somalia stood at 407.00 million.

Compared with earlier readings it is down 2.9% on the previous year and down 0.2% over ten years.

Over the whole period, 04_official bilateral loans, aid loans in Somalia peaked at 517.00 million in 2020 and was at its lowest, 266.00 million, in 2015.

Somalia ranks 55th of 130 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 20 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 331.00 million 320.00 million 342.00 million 6
2010s 293.80 million 266.00 million 408.00 million 10
2020s 437.50 million 407.00 million 517.00 million 4

Countries ranked near Somalia

  1. 52 El Salvador 457.00 million compare
  2. 53 Nepal 449.00 million compare
  3. 54 Panama 421.00 million compare
  4. 56 Chile 397.00 million compare
  5. 57 Sudan 395.00 million compare
  6. 58 Nicaragua 393.00 million compare

See the full ranking of 132 places →

More reference data data for Somalia

All data for Somalia →

Frequently asked questions

What is 04_official bilateral loans, aid loans in Somalia?
04_official bilateral loans, aid loans in Somalia was 407.00 million in 2023, according to OECD.
What is the highest 04_official bilateral loans, aid loans recorded in Somalia?
The highest recorded value was 517.00 million in 2020.
What is the lowest 04_official bilateral loans, aid loans recorded in Somalia?
The lowest recorded value was 266.00 million in 2015.
How does Somalia rank for 04_official bilateral loans, aid loans?
Somalia ranks 55th out of 130 countries with data for 2023.
Is 04_official bilateral loans, aid loans rising or falling in Somalia?
Over the last ten years it is down 0.2%. The long-run trend across the full record is rising.
Where does this Somalia data come from?
The figures come from OECD, published as part of 04_Official bilateral loans, aid loans. Statizoid updates them automatically from the source API.

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CSV · JSON — 20 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
04_Official bilateral loans, aid loans
Source
OECD
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
132 places, 2,428 data points, 2004–2023
Last refreshed

Aid loans cover Official Development Assistance (ODA) loans. ODA loans are concessional loans provided by the official sector to countries and territories on the DAC List of ODA Recipients.