Somalia, Fed. Rep.: Net financial flows, IMF nonconcessional (NFL, current US$)

Key figures

Since 1970 it is up 1,148% from −US$1.9 million in 1970. The World Bank has no value for 31 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, IMF nonconcessional (NFL, current US$) fell US$38.78 million on 2023 (from US$58.7 million to US$19.91 million).

Across the 17 yearly changes before that (1971 to 2023), the average change was +US$599,963 and a typical year strayed about US$20.71 million from that (the standard deviation). This year's change was 1.9 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$30.59 million in 2023 and the biggest yearly fall was US$51 million in 1984. 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 31st highest value of the 74 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

• Nepal — 28th of 74: US$32.22 million
• Gambia, The — 29th of 74: US$27.86 million
• Guinea — 30th of 74: US$21.23 million
• Cabo Verde — 32nd of 74: US$18.94 million
• Guinea-Bissau — 33rd of 74: US$17.15 million
• Honduras — 34th of 74: US$10.63 million

What this measures

Net financial flows received by the borrower during the year are disbursements of loans and credits less repayments of principal. IMF is the International Monetary Fund, which provides nonconcessional lending through the credit it provides to its members, mainly to meet balance of payments needs. Data are in current U.S. dollars.

Regional and income-group figures are computed by the World Bank as a sum.

All 24 values

Net financial flows, IMF nonconcessional (NFL, current US$) in nearby economies

• Angola — −US$237.41 million (2024)
• Benin — US$66.18 million (2024)
• Burkina Faso — US$42.31 million (2024)
• Burundi — US$0 (2022)
• Cabo Verde — US$18.94 million (2024)
• Cameroon — US$34.81 million (2024)
• Central African Republic — −US$9.54 million (2024)
• Chad — US$0 (2022)
• Comoros — US$2.57 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

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Questions people ask

What is Somalia, Fed. Rep.'s net financial flows, IMF nonconcessional (NFL, current US$)?

US$19.91 million in 2024, according to the World Bank (World Development Indicators).

How has it changed since 1970?

It is up 1,148% from −US$1.9 million in 1970. The highest value was US$203.22 million in 2020 and the lowest −US$15.06 million in 1986.

How does Somalia, Fed. Rep. rank?

31st highest of 74 economies with data for 2024.

Is the latest change in net financial flows, IMF nonconcessional (NFL, current US$) unusual for Somalia, Fed. Rep.?

In 2024, Somalia, Fed. Rep.'s net financial flows, IMF nonconcessional (NFL, current US$) fell US$38.78 million on 2023 (from US$58.7 million to US$19.91 million). Across the 17 yearly changes before that (1971 to 2023), the average change was +US$599,963 and a typical year strayed about US$20.71 million from that (the standard deviation). This year's change was 1.9 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.NFL.IMFN.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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