China vs Somalia: Net foreign assets
Net foreign assets over time
- China
- Somalia
How they compare
Somalia currently reports 33.98 trillion current LCU against 30.27 trillion current LCU in China, a difference of 3.71 trillion current LCU.
That makes Somalia's figure about 1.1 times China's.
The two have swapped places 3 times across 20 shared years of data; in 1977 it was China ahead.
China ranks 17th and Somalia ranks 15th of 186 countries.
Across the 4 decades both report, China averaged higher in 3 and Somalia in 1.
Head to head by decade
| Decade | China | Somalia | Difference | Ahead |
|---|---|---|---|---|
| 1970s | 436.67 million current LCU | 627.37 million current LCU | 190.71 million current LCU | Somalia |
| 1980s | 38.08 billion current LCU | -34.74 billion current LCU | 72.82 billion current LCU | China |
| 2010s | 25.95 trillion current LCU | 6.23 trillion current LCU | 19.72 trillion current LCU | China |
| 2020s | 28.53 trillion current LCU | 23.08 trillion current LCU | 5.44 trillion current LCU | China |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net foreign assets, China or Somalia?
- Somalia, at 33.98 trillion current LCU against 30.27 trillion current LCU in China as of 2024.
- What is the difference in net foreign assets between China and Somalia?
- 3.71 trillion current LCU, with Somalia ahead.
- How many years of comparable data are there for China and Somalia?
- 20 years are reported by both, from 1977 to 2024.
- How do China and Somalia rank globally for net foreign assets?
- China ranks 17th and Somalia ranks 15th of 186 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Net foreign assets (current LCU). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Net foreign assets are the sum of foreign assets held by monetary authorities and deposit money banks, less their foreign liabilities. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.