Somalia: Short-term debt to reserves
* indicates monthly or quarterly data series
| Somalia |
Short-term external debt, percent of international reserves |
|---|---|
| Latest value | 842.53 |
| Year | 1989 |
| Measure | percent |
| Data availability | 1974 - 1989 |
| Average | 364.81 |
| Min - Max | 0.14 - 1,467.68 |
| Source | The World Bank |
The latest value from 1989 is 842.53 percent, an increase from 608.55 percent in 1988. In comparison, the world average is 690.48 percent, based on data from 79 countries. Historically, the average for Somalia from 1974 to 1989 is 364.81 percent. The minimum value, 0.14 percent, was reached in 1974 while the maximum of 1467.68 percent was recorded in 1984.
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* indicates monthly or quarterly data series
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Definition: Short-term debt includes all debt having an original maturity of one year or less and interest in arrears on long-term debt. Total reserves includes gold.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
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| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Terms of trade | 121.58 | 2021 | percent |
| Trade openness | 92.69 | 2023 | percent |
| Financial openness | -1.931 | 2007 | index points |
| Exports, percent of GDP | 19.73 | 2023 | percent |
| Exports, billion dollars | 2.16 | 2023 | billion U.S. dollars |
| Growth of exports | 5.95 | 2023 | percent |
| Imports, percent of GDP | 76.69 | 2023 | percent |
| Imports, billion dollars | 8.00 | 2023 | billion U.S. dollars |
| Foreign Direct Investment, percent of GDP | 5.79 | 2023 | percent |
| Foreign Direct Investment, billion dollars | -0.04 | 1989 | billion U.S. dollars |
| Portfolio investment inflows, equities | 0.00 | 1989 | million dollars (current) |
| Current account, percent of GDP | -12.40 | 2023 | percent |
| Trade balance, percent of GDP | -58.79 | 2023 | percent |
| Reserves | 0.02 | 1989 | billion U.S. dollars |
| Remittances, percent of GDP | 14.85 | 2023 | percent |
| Remittances | 1,735.00 | 2023 | million U.S. dollars |
| External debt | 40.14 | 2022 | percent |
| Short-term external debt | 21.54 | 2023 | percent |
| Short-term debt to reserves | 842.53 | 1989 | percent |