Non-performing loans net of provisions to capital (%) in Somalia
Somalia: Non-performing loans net of provisions to capital (%) was 2.4% in 2024. ◆ Volatile
Latest (2024)
2.4%
Change on year
up 46.0%
World rank
121st
of 155 countries
All-time high
5.7%
in 2019
All-time low
0.1%
in 2020
Years of data
7
2018–2024
Non-performing loans net of provisions to capital in Somalia, 2018–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, non-performing loans net of provisions to capital in Somalia stood at 2.4%.
That represents a change of up 46.0% on the previous year and up 17.1% over ten years.
That places Somalia 121st out of 155 countries with data for 2024, putting it in the bottom quarter.
Non-performing loans net of provisions to capital (%) in Somalia, year by year
| Year | % | Change |
|---|---|---|
| 2018 | 2.1% | — |
| 2019 | 5.7% | +170.9% |
| 2020 | 0.1% | -97.9% |
| 2021 | 1.2% | +890.5% |
| 2022 | 2.6% | +119.4% |
| 2023 | 1.7% | -35.3% |
| 2024 | 2.4% | +46.0% |
Somalia compared with similar countries
- Somalia's 2.4% is below the median for low income countries, which is 9.8%, 25% of the median. (11 countries reporting)
- Somalia's 2.4% is below the median for Sub-Saharan Africa, which is 12.3%, 20% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.9% | 2.1% | 5.7% | 2 |
| 2020s | 1.6% | 0.1% | 2.6% | 5 |
Countries ranked near Somalia
More development goals data for Somalia
- Red List Index 0.9154 index (2025)
- Number of refugees per 100,000 population, by country of origin 4,397 per 100,000 people (2025)
- Manufacturing value added per capita 11.47 constant US$ (2025)
- Number of transboundary breeds 10 (2025)
- Number of transboundary breeds (not extinct) 10 (2025)
- Number of transboundary breeds with unknown risk status 10 (2025)
- Number of local breeds with unknown risk status 18 (2025)
- Number of local breeds (not extinct) 18 (2025)
- Number of local breeds kept in the country 18 (2025)
- Infant deaths 51,546 (2024)
Frequently asked questions
- What is non-performing loans net of provisions to capital in Somalia?
- Non-performing loans net of provisions to capital in Somalia was 2.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest non-performing loans net of provisions to capital recorded in Somalia?
- The highest recorded value was 5.7% in 2019.
- What is the lowest non-performing loans net of provisions to capital recorded in Somalia?
- The lowest recorded value was 0.1% in 2020.
- How does Somalia rank for non-performing loans net of provisions to capital?
- Somalia ranks 121st out of 155 countries with data for 2024.
- Is non-performing loans net of provisions to capital rising or falling in Somalia?
- Over the last ten years it is up 17.1%. The long-run trend across the full record is volatile.
- Where does this Somalia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Non-performing loans net of provisions to capital (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 7 observations, free to reuse under UN SDG Global Database (open, attribution requested).