Non-performing loans to total gross loans (%) in Somalia
Somalia: Non-performing loans to total gross loans (%) was 2.7% in 2024. ▼ Falling
Latest (2024)
2.7%
Change on year
up 18.8%
World rank
102nd
of 156 countries
All-time high
4.2%
in 2019
All-time low
1.6%
in 2018
Years of data
7
2018–2024
Non-performing loans to total gross loans in Somalia, 2018–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for non-performing loans to total gross loans in Somalia is 2.7%, measured in 2024.
The figure is up 18.8% on the previous year and up 63.2% over ten years.
That places Somalia 102nd out of 156 countries with data for 2024, putting it in the middle of the range.
Non-performing loans to total gross loans (%) in Somalia, year by year
| Year | % | Change |
|---|---|---|
| 2018 | 1.6% | — |
| 2019 | 4.2% | +156.8% |
| 2020 | 3.5% | -18.1% |
| 2021 | 2.3% | -33.1% |
| 2022 | 1.8% | -24.0% |
| 2023 | 2.3% | +28.4% |
| 2024 | 2.7% | +18.8% |
Somalia compared with similar countries
- Somalia's 2.7% is below the median for low income countries, which is 5.4%, 50% of the median. (11 countries reporting)
- Somalia's 2.7% is below the median for Sub-Saharan Africa, which is 6.7%, 40% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.9% | 1.6% | 4.2% | 2 |
| 2020s | 2.5% | 1.8% | 3.5% | 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 to total gross loans in Somalia?
- Non-performing loans to total gross loans in Somalia was 2.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest non-performing loans to total gross loans recorded in Somalia?
- The highest recorded value was 4.2% in 2019.
- What is the lowest non-performing loans to total gross loans recorded in Somalia?
- The lowest recorded value was 1.6% in 2018.
- How does Somalia rank for non-performing loans to total gross loans?
- Somalia ranks 102nd out of 156 countries with data for 2024.
- Is non-performing loans to total gross loans rising or falling in Somalia?
- Over the last ten years it is up 63.2%. The long-run trend across the full record is falling.
- 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 to total gross loans (%). 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).