Somalia, Fed. Rep.'s IBRD loans and IDA credits (DOD, current US$) was US$0 in 2024, the latest year in the World Bank's World Development Indicators. That is down 100% from US$424.45 million in 2014.
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$0 | 2024 |
| Five years earlier | US$411.34 million | 2019 |
| Ten years earlier | US$424.45 million | 2014 |
| Highest | US$448.08 million | 2009 |
| Lowest | US$0 | 2024 |
| Average since 2015 | US$251.72 million | 2015–2024 |
| First recorded | US$7.12 million |
What the numbers say
In 2024, Somalia, Fed. Rep.'s IBRD loans and IDA credits (DOD, current US$) fell US$93.51 million on 2023 (from US$93.51 million to US$0).
Across the 30 yearly changes before that (1994 to 2023), the average change was −US$10.58 million and a typical year strayed about US$51.21 million from that (the standard deviation). This year's change was 1.6 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was US$58.39 million in 1987 and the biggest yearly fall was US$273.39 million in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is downward, about US$52.12 million a year. A straight line explains 84% of the movement over 10 observed 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 116th highest value of the 116 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.
Closest to Somalia, Fed. Rep. in the 2024 ranking
- Turkmenistan — 113th of 116: US$20 million
- Syrian Arab Republic — 114th of 116: US$14.05 million
- São Tomé and Principe — 115th of 116: US$8.97 million
What this measures
IBRD loans and IDA credits are public and publicly guaranteed debt extended by the World Bank Group. The International Bank for Reconstruction and Development (IBRD) lends at market rates. Credits from the International Development Association (IDA) are at concessional rates. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 55 values
| Year | IBRD loans and IDA credits (DOD, current US$) |
|---|---|
| 2024 | 0 |
| 2023 | 93,510,000 |
| 2022 | 104,582,000 |
| 2021 | 121,806,000 |
| 2020 | 137,953,000 |
| 2019 | 411,338,000 |
| 2018 | 412,919,000 |
| 2017 | 419,542,000 |
| 2016 | 403,684,000 |
| 2015 | 411,912,000 |
| 2014 |
IBRD loans and IDA credits (DOD, current US$) in nearby economies
- Angola — US$4.77 billion (2024)
- Benin — US$2.32 billion (2024)
- Botswana — US$678.08 million (2024)
- Burkina Faso — US$2.62 billion (2024)
- Burundi — US$109.47 million (2024)
- Cabo Verde — US$616.41 million (2024)
- Cameroon — US$2.87 billion (2024)
- Central African Republic — US$116.76 million (2024)
- Chad — US$139.73 million (2024)
- Comoros
More economic policy & debt data for Somalia, Fed. Rep.
- GDP (current US$) — US$13 billion (2025)
- GDP (current LCU) — 391.2 trillion (2025)
- GDP (constant 2015 US$) — US$9.15 billion (2025)
- GDP (constant LCU) — 305.81 trillion (2025)
- GDP per capita (current US$) — US$661.17 (2025)
- GDP per capita (current LCU) — 19.9 million (2025)
- GDP per capita (constant 2015 US$) — US$465.44 (2025)
- GDP per capita (constant LCU) — 15.56 million (2025)
- GNI (current US$) — US$12.94 billion (2025)
- GNI (current LCU) — 389.67 trillion (2025)
- GNI per capita (current LCU)
Reading data like this
Questions people ask
- What is Somalia, Fed. Rep.'s IBRD loans and IDA credits (DOD, current US$)?
- US$0 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is down 100% from US$7.12 million in 1970. The highest value was US$448.08 million in 2009 and the lowest US$0 in 2024.
- How does Somalia, Fed. Rep. rank?
- 116th highest of 116 economies with data for 2024.
- Is the latest change in IBRD loans and IDA credits (DOD, current US$) unusual for Somalia, Fed. Rep.?
- In 2024, Somalia, Fed. Rep.'s IBRD loans and IDA credits (DOD, current US$) fell US$93.51 million on 2023 (from US$93.51 million to US$0). Across the 30 yearly changes before that (1994 to 2023), the average change was −US$10.58 million and a typical year strayed about US$51.21 million from that (the standard deviation). This year's change was 1.6 standard deviations below that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator DT.DOD.MWBG.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) 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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