Somalia, Fed. Rep.'s multilateral debt service (% of public and publicly guaranteed debt service) was 30.82% in 2024, the latest year in the World Bank's World Development Indicators.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 30.82% | 2024 |
| Highest | 100% | 1990 |
| Lowest | 4.38% | 1970 |
| Average since 2020 | 86.16% | 2020–2024 |
| First recorded | 4.38% | 1970 |
Since 1970 it is up 26.44 percentage points from 4.38% in 1970. The World Bank has no value for 27 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 multilateral debt service (% of public and publicly guaranteed debt service) fell 69.18 percentage points on 2023 (from 100% to 30.82%).
Across the 24 yearly changes before that (1971 to 2023), the average change was +3.98 percentage points and a typical year strayed about 21.53 percentage points from that (the standard deviation). This year's change was 3.4 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 52.77 percentage points in 1990 and the biggest yearly fall was 69.18 percentage points in 2024. 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 72nd highest value of the 119 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. | 30.82% | 2024 |
| Low income | 44.65% | 2024 |
Closest to Somalia, Fed. Rep. in the 2024 ranking
- Nigeria — 69th of 119: 32.54%
- Egypt, Arab Rep. — 70th of 119: 32.29%
- Peru — 71st of 119: 31.62%
- Vanuatu — 73rd of 119: 30.7%
- Kazakhstan — 74th of 119: 30.5%
- Dominica — 75th of 119: 30.16%
What this measures
Multilateral debt service is the repayment of principal and interest to the World Bank, regional development banks, and other multilateral agencies. public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 28 values
| Year | Multilateral debt service (% of public and publicly guaranteed debt service) |
|---|---|
| 2024 | 30.82 |
| 2023 | 100 |
| 2022 | 100 |
| 2021 | 100 |
| 2020 | 100 |
| 2019 | no data |
| 2018 | no data |
| 2017 | no data |
| 2016 | no data |
| 2015 | no data |
Multilateral debt service (% of public and publicly guaranteed debt service) in nearby economies
- Angola — 4.98% (2024)
- Benin — 21.01% (2024)
- Botswana — 99.01% (2024)
- Burkina Faso — 77.19% (2024)
- Burundi — 68.46% (2024)
- Cabo Verde — 50.85% (2024)
- Cameroon — 26.9% (2024)
- Central African Republic — 58.45% (2024)
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 multilateral debt service (% of public and publicly guaranteed debt service)?
- 30.82% in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1970?
- It is up 26.44 percentage points from 4.38% in 1970. The highest value was 100% in 1990 and the lowest 4.38% in 1970.
- How does Somalia, Fed. Rep. rank?
- 72nd highest of 119 economies with data for 2024.
- Is the latest change in multilateral debt service (% of public and publicly guaranteed debt service) unusual for Somalia, Fed. Rep.?
- In 2024, Somalia, Fed. Rep.'s multilateral debt service (% of public and publicly guaranteed debt service) fell 69.18 percentage points on 2023 (from 100% to 30.82%). Across the 24 yearly changes before that (1971 to 2023), the average change was +3.98 percentage points and a typical year strayed about 21.53 percentage points from that (the standard deviation). This year's change was 3.4 standard deviations below that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator DT.TDS.MLAT.PG.ZS, 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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