Nigeria vs Somalia: Net long-term borrowing
Nigeria
0 BoP, current US$
in 2011
Somalia
0 BoP, current US$
in 2011
Nigeria rank
7th
Somalia rank
7th
Net long-term borrowing over time
- Nigeria
- Somalia
How they compare
Nigeria currently reports 0 BoP, current US$ against 0 BoP, current US$ in Somalia, a difference of 0 BoP, current US$.
The two have swapped places 6 times across 52 shared years of data; in 1960 it was Somalia ahead.
Nigeria ranks 7th and Somalia ranks 7th of 54 countries.
Somalia has averaged higher in every one of the 6 decades both report.
Head to head by decade
| Decade | Nigeria | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 1960s | 0 BoP, current US$ | 0 BoP, current US$ | 0 BoP, current US$ | — |
| 1970s | -2.54 million BoP, current US$ | -398,730 BoP, current US$ | 2.15 million BoP, current US$ | Somalia |
| 1980s | -25.21 million BoP, current US$ | -359,037 BoP, current US$ | 24.85 million BoP, current US$ | Somalia |
| 1990s | 0 BoP, current US$ | 0 BoP, current US$ | 0 BoP, current US$ | — |
| 2000s | 0 BoP, current US$ | 0 BoP, current US$ | 0 BoP, current US$ | — |
| 2010s | 0 BoP, current US$ | 0 BoP, current US$ | 0 BoP, current US$ | — |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net long-term borrowing, Nigeria or Somalia?
- Nigeria, at 0 BoP, current US$ against 0 BoP, current US$ in Somalia as of 2011.
- What is the difference in net long-term borrowing between Nigeria and Somalia?
- 0 BoP, current US$, with Nigeria ahead.
- How many years of comparable data are there for Nigeria and Somalia?
- 52 years are reported by both, from 1960 to 2011.
- How do Nigeria and Somalia rank globally for net long-term borrowing?
- Nigeria ranks 7th and Somalia ranks 7th of 54 countries.
- Where does this data come from?
- International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as Net long-term borrowing (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Net long-term borrowing includes external debt disbursements less repayments due, plus other net long-term inflows. Data are in current U.S. dollars.