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Somalia's external public debt after HIPC
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Somalia's external public debt after HIPC

Published by Xogsawir, a Jaantus project. 7 October 2025.

At the end of 2024, Somalia's external public debt stood at $1.52 billion, equal to 9 percent of GDP. The ratio has fallen from 64 percent in 2018, driven by completion of the Heavily Indebted Poor Countries process in December 2023 and bilateral cancellations through 2024. The remaining stock is concentrated in obligations to Arab Funds, including the Arab Monetary Fund, the Abu Dhabi Fund, the Saudi Fund, and the Kuwait Fund, with the IMF, the OPEC Fund, and the Islamic Development Bank holding the multilateral residual. Roughly two thirds of the outstanding amount is in arrears.

Sources

  1. Somalia Ministry of Finance; IMF FY2024 Annual Debt Management Report. Accessed 7 October 2025.

Notes

Debt amounts reflect outstanding external public debt at the end of 2024. The debt-to-GDP series uses nominal GDP from the IMF World Economic Outlook. Treemap areas are proportional to the dollar value of obligations to each creditor.

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