05_Official bilateral loans, other in Somalia

Somalia: 05_Official bilateral loans, other was 14.00 million in 2023. ◆ Volatile

Latest (2023)
14.00 million
Change on year
up 16.7%
World rank
77th
of 103 countries
All-time high
14.00 million
in 2023
All-time low
1.00 million
in 2004
Years of data
13
2004–2023

05_Official bilateral loans, other in Somalia, 2004–2023

05.0M10.0M15.0M2004201320232004: 1.0M2005: 1.0M2006: 1.0M2007: 1.0M2008: 1.0M2009: 1.0M2010: 1.0M2011: 1.0M2012: 1.0M2017: 6.0M2020: 12.0M2021: 12.0M2023: 14.0M

Source: OECD.

Analysis

Somalia recorded 14.00 million for 05_official bilateral loans, other in 2023. That is the highest value across all 13 years on record.

That represents a change of up 16.7% on the previous year and up 1,300.0% over ten years.

Over the whole period, 05_official bilateral loans, other in Somalia peaked at 14.00 million in 2023 and was at its lowest, 1.00 million, in 2004.

That places Somalia 77th out of 103 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.00 million 1.00 million 1.00 million 6
2010s 2.25 million 1.00 million 6.00 million 4
2020s 12.67 million 12.00 million 14.00 million 3

Countries ranked near Somalia

  1. 74 Democratic Republic of Congo 16.00 million compare
  2. 74 Montenegro 16.00 million compare
  3. 76 Haiti 15.00 million compare
  4. 78 Niger 13.00 million compare
  5. 78 Uruguay 13.00 million compare
  6. 80 Bosnia and Herzegovina 12.00 million compare

See the full ranking of 105 places →

More reference data data for Somalia

All data for Somalia →

Frequently asked questions

What is 05_official bilateral loans, other in Somalia?
05_official bilateral loans, other in Somalia was 14.00 million in 2023, according to OECD.
What is the highest 05_official bilateral loans, other recorded in Somalia?
The highest recorded value was 14.00 million in 2023.
What is the lowest 05_official bilateral loans, other recorded in Somalia?
The lowest recorded value was 1.00 million in 2004.
How does Somalia rank for 05_official bilateral loans, other?
Somalia ranks 77th out of 103 countries with data for 2023.
Is 05_official bilateral loans, other rising or falling in Somalia?
Over the last ten years it is up 1,300.0%. The long-run trend across the full record is volatile.
Where does this Somalia data come from?
The figures come from OECD, published as part of 05_Official bilateral loans, other. Statizoid updates them automatically from the source API.

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About this data

Indicator
05_Official bilateral loans, other
Source
OECD
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
105 places, 1,645 data points, 2004–2023
Last refreshed

Other loans cover official loans other than export credits that do not qualify as ODA, either as they are not for developmental purposes or are insufficiently concessional. Those DAC Members that provide loans, and so hold official debt, notify data on outstanding amounts on these loans to OECD annually under the Creditor Reporting System.