Foreign debt reached 5,616 USD bil in 2019 in Somalia, according to the National Statistical Office. This is 0.946 % more than in the previous year.
Historically, foreign debt in Somalia reached an all time high of 5,616 USD bil in 2019 and an all time low of 73.2 USD bil in 1970. When compared to Somalia's main peers, foreign debt in Djibouti amounted to 2,552 USD bil, 28,288 USD bil in Ethiopia, 34,217 USD bil in Kenya and 7,055 USD bil in Yemen in 2019.
Somalia has been ranked 73rd within the group of 110 countries we follow in terms of foreign debt, 4 places above the position seen 10 years ago.
Foreign (or external) debt is that part of the total debt in a country that is owed to creditors outside the country.