Somalia, Fed. Rep.'s claims on central government, etc. (% of GDP) was -0.85% in 2024, the latest year in the World Bank's World Development Indicators. That is up 0.05 percentage points from -0.9% in 2019.
Key figures
| Value | Year | |
|---|---|---|
| Latest | -0.85% | 2024 |
| Five years earlier | -0.9% | 2019 |
| Highest | 13.7% | 1979 |
| Lowest | -5% | 1975 |
| Average since 2018 | 0.93% | 2018–2024 |
| First recorded | 0.19% | 1960 |
Over five years it is up 0.05 percentage points from -0.9% in 2019. Since 1960 it is down 1.04 percentage points from 0.19% in 1960. The World Bank has no value for 28 of the years in between; the chart leaves those gaps open rather than joining across them.
What the numbers say
In 2024, Somalia, Fed. Rep.'s claims on central government, etc. (% of GDP) fell 0.09 percentage points on 2023 (from -0.76% to -0.85%).
Across the 30 yearly changes before that (1965 to 2023), the average change was −0.01 percentage points and a typical year strayed about 3.27 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 9.9 percentage points in 1979 and the biggest yearly fall was 4.67 percentage points in 1989. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Somalia, Fed. Rep. had the 32nd highest value of the 40 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Somalia, Fed. Rep. | -0.85% | 2024 |
| World | 39.8% | 2024 |
| Sub-Saharan Africa | 12.89% | 2023 |
| Low income | 7.12% | 2020 |
Closest to Somalia, Fed. Rep. in the 2024 ranking
- Korea, Rep. — 28th of 40: 3.37%
- Montenegro — 29th of 40: 0.64%
- Peru — 30th of 40: -0.63%
- Kyrgyz Republic — 32nd of 40: -2.02%
- Estonia — 33rd of 40: -2.84%
- Nicaragua — 34th of 40: -3.32%
What this measures
Claims on central government include loans to central government institutions net of deposits. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 37 values
| Year | Claims on central government, etc. (% of GDP) |
|---|---|
| 2024 | -0.8517 |
| 2023 | -0.7645 |
| 2022 | 2.84 |
| 2021 | 3.33 |
| 2020 | 3.5 |
| 2019 | -0.9025 |
| 2018 | -0.6711 |
| 2017 | no data |
| 2016 | no data |
| 2015 | no data |
| 2014 |
Claims on central government, etc. (% of GDP) in nearby economies
- Angola — 7.84% (2025)
- Benin — 1.94% (2025)
- Botswana — 17.38% (2025)
- Burkina Faso — 6.48% (2025)
- Burundi — 23.01% (2025)
- Cabo Verde — 8.46% (2025)
- Cameroon — 3.69% (2019)
- Central African Republic — 25.54% (2022)
- Chad — 12.63% (2021)
- Comoros — 4.16% (2024)
More financial sector data for Somalia, Fed. Rep.
- GDP deflator (base year varies by country) — 127.92 (2025)
- DEC alternative conversion factor (LCU per US$) — US$30,104 (2025)
- Inflation, GDP deflator (annual % growth) — 12.88% (2025)
- Official exchange rate (LCU per US$, period average) — US$23,098 (2017)
- Domestic credit to private sector by banks (% of GDP) — 5.43% (2024)
- Net domestic credit (current LCU) — 16.43 trillion (2024)
- Net foreign assets (current LCU) — 33.98 trillion (2024)
- Monetary sector credit to private sector (% of GDP) — 5.43% (2024)
- Domestic credit to private sector (% of GDP)
Reading data like this
Questions people ask
- What is Somalia, Fed. Rep.'s claims on central government, etc. (% of GDP)?
- -0.85% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1960?
- It is down 1.04 percentage points from 0.19% in 1960. The highest value was 13.7% in 1979 and the lowest -5% in 1975.
- How does Somalia, Fed. Rep. rank?
- 32nd highest of 40 economies with data for 2024.
- Is the latest change in claims on central government, etc. (% of GDP) unusual for Somalia, Fed. Rep.?
- In 2024, Somalia, Fed. Rep.'s claims on central government, etc. (% of GDP) fell 0.09 percentage points on 2023 (from -0.76% to -0.85%). Across the 30 yearly changes before that (1965 to 2023), the average change was −0.01 percentage points and a typical year strayed about 3.27 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator FS.AST.CGOV.GD.ZS, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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