Somalia, Fed. Rep.'s net financial flows, IDA (NFL, current US$) was US$0 in 2024, the latest year in the World Bank's World Development Indicators.
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$0 | 2024 |
| Ten years earlier | US$0 | 2014 |
| Highest | US$53.57 million | 1989 |
| Lowest | −US$278.14 million | 2020 |
| Average since 2015 | −US$35.01 million | 2015–2024 |
| First recorded | US$1.53 million | 1971 |
Since 1971 it is down 100% from US$1.53 million in 1971. The World Bank has no value for 8 of the years in between; the chart leaves those gaps open rather than joining across them.
What the numbers say
In 2024, Somalia, Fed. Rep.'s net financial flows, IDA (NFL, current US$) rose US$11.76 million on 2023 (from −US$11.76 million to US$0).
Across the 30 yearly changes before that (1983 to 2023), the average change was +US$8.33 million and a typical year strayed about US$49.42 million from that (the standard deviation). This year's change was 0.1 standard deviations above 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 US$265.11 million in 2021 and the biggest yearly fall was US$31.86 million in 1991. 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 there is no clear straight-line trend: a straight line explains 1% of the movement over 9 observed years, so the value is moving around more than it is heading anywhere.
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 53rd highest value of the 94 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. | US$0 | 2024 |
| Sub-Saharan Africa | US$11.51 billion | 2024 |
| Low income | US$2.71 billion | 2024 |
Closest to Somalia, Fed. Rep. in the 2024 ranking
- Timor-Leste — 51st of 94: US$4.01 million
- Tajikistan — 52nd of 94: US$2.8 million
- Eritrea — 53rd of 94: US$0
- Syrian Arab Republic — 55th of 94: US$0
- Zimbabwe — 56th of 94: −US$43,000
- Botswana — 57th of 94: −US$45,000
What this measures
Net financial flows received by the borrower during the year are disbursements of loans and credits less repayments of principal. IDA is the International Development Association, the concessional loan window of the World Bank Group. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 46 values
| Year | Net financial flows, IDA (NFL, current US$) |
|---|---|
| 2024 | 0 |
| 2023 | -11,758,000 |
| 2022 | -12,160,000 |
| 2021 | -13,035,000 |
| 2020 | -278,142,000 |
| 2019 | no data |
| 2018 | 0 |
| 2017 | 0 |
| 2016 | 0 |
| 2015 | 0 |
| 2014 |
Net financial flows, IDA (NFL, current US$) in nearby economies
- Angola — −US$47.74 million (2024)
- Benin — US$448.24 million (2024)
- Botswana — −US$45,000 (2024)
- Burkina Faso — US$320.83 million (2024)
- Burundi — −US$5.32 million (2024)
- Cabo Verde — US$36.4 million (2024)
- Cameroon — US$338.75 million (2024)
- Central African Republic — −US$4 million (2024)
- Chad — −US$6.64 million (2024)
- Comoros — US$13.51 million (2024)
More economic policy & debt data for Somalia, Fed. Rep.
- GDP (current US$) — 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$12.94 billion (2025)
- GNI (current LCU) — 389.67 trillion (2025)
- GNI per capita (current LCU)
Reading data like this
Questions people ask
- What is Somalia, Fed. Rep.'s net financial flows, IDA (NFL, current US$)?
- US$0 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1971?
- It is down 100% from US$1.53 million in 1971. The highest value was US$53.57 million in 1989 and the lowest −US$278.14 million in 2020.
- How does Somalia, Fed. Rep. rank?
- 53rd highest of 94 economies with data for 2024.
- Is the latest change in net financial flows, IDA (NFL, current US$) unusual for Somalia, Fed. Rep.?
- In 2024, Somalia, Fed. Rep.'s net financial flows, IDA (NFL, current US$) rose US$11.76 million on 2023 (from −US$11.76 million to US$0). Across the 30 yearly changes before that (1983 to 2023), the average change was +US$8.33 million and a typical year strayed about US$49.42 million from that (the standard deviation). This year's change was 0.1 standard deviations above 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 DT.NFL.MIDA.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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